Energy Prospectus

REPX is putting small ngas fired power plants in their fields. More companies are going to do this. Instead of giving ngas away, it can be used to generate electricity for pumps.

After the markets closed on May 14 API reported: Crude inventories (3.104M) barrels Gasoline reported (1.269M) barrels Distillates reported +349K barrels Cushing reported (600K) barrels If EIA agrees, WTI will be up tomorrow. After we get past the OPEC+ meeting we should see steady decline of crude ...

The sellers are from Earthstone. They got C shares when the merger closed an could not convert to A shares until recently. See 10K.

Outstanding shares A + C will actually be going down.

Buy the dip.

I just saw a forecast for natural gas demand. 21 Bcfpd increase in demand by 2030, most of which is for LNG exports. Only 2.5 Bcfpd increase for power generation looks way too low to me. To meet this demand growth, the Haynesville will need to increase supply by over 10 Bcfpd because it is the only ...

I have updated my forecast/valuation model for BSM. I am lowering my valuation by $0.50 to $17.00. > The MLP's Q1 results actually beat my forecast, but they reduced their quarterly dividend from $0.475/unit to $0.375/unit. > They lowered 2024 production guidance. > Good news is that the balance she...

Trading Economics: > WTI crude futures dropped below $78 per barrel on Tuesday, closing in on their lowest level in one month, as higher-than-expected US producer prices in April, led to concerns about prolonged higher interest rates by the Fed and potential impacts on oil demand. > Adding to woes, ...

In a state with a massive amount of clean burning natural gas, it is insane that we have invested so much money in unreliable windmills. All ERCOT needed to do was put a few more ngas fired power plants near the large cities. We are just in May and they are crying about electricity demand exceeding ...

No shares being sold by the Company, so no impact on the per share valuation.

In its closely-watched Monthly Oil Market Report (MOMR) out today, OPEC maintained its forecast from the April report, which sees global oil demand rising by 2.25 million barrels per day (bpd) this year and by another 1.85 million bpd next year. OPEC estimates that global oil demand rose by 2.4 mill...

Yesterday PR announced that some large shareholders are selling over 51 million shares. PR is not selling any shares.

Public companies are required to announce significant sales like this.

My guess is that the shares being sold are the C-Shares that the VCs got in the merger with Earthstone.