Energy Prospectus

Highlights from conference call; > Dispositions were high op cost production for 3.5x c/f that hadn't been worked for six years. > $ 52M of FCF after dividends will be split between debt repayment down to terminal debt target of $170M and share buybacks. > Surge is showing discipline with the $0.04/...

Working gas in storage was 2,795 Bcf as of Friday, May 24, 2024, according to EIA estimates. This represents a net increase of 84 Bcf from the previous week. Stocks were 380 Bcf higher than last year at this time and 586 Bcf above the five-year average of 2,209 Bcf. At 2,795 Bcf, total working gas i...

Summary of Weekly Petroleum Data for the week ending May 24, 2024 U.S. crude oil refinery inputs averaged 17.1 million barrels per day during the week ending May 24, 2024, which was 601 thousand barrels per day more than the previous week’s average. Refineries operated at 94.3% of their operable cap...

Dividend increase should draw more attention and more aggressive stock buybacks will increase my per share valuation. CALGARY, AB, May 29, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce a number of recent positive operational and fina...

First Call's current price target for REPX is $48.75.

My valuation is higher.

I believe that RPC Power LLC has potential to add significant upside for REPX. HOUSTON and OKLAHOMA CITY, May 21, 2024 /PRNewswire/ -- Conduit Power, LLC ("Conduit") and Riley Exploration Permian, Inc. ("Riley Permian") today announced that they entered into definitive agreements...

As I point out in the newsletter, Hemisphere and InPlay Oil are both "Growth Companies" that pay nice dividends. IMO they are both grossly under-valued by the market. They are both trading below PV10 NAV of just 1P reserves. All of Western Canadian upstream companies should report strong Q...

Hemisphere's Q1 results were good and revenues should be much higher in Q2 and then ramp up to 4,000 bopd by year-end. Realized oil prices should be more than $10/bbl higher in Q2. Operations Update Hemisphere's Atlee Buffalo polymer injection projects both continue to perform well, contributing to ...

Today we caught 22 fish about 15 miles south of Puerto Vallarta. We traded them for 6 lobsters.

My forecast models show my Q2 EPS forecast compared to TipRanks' Q2 EPS forecast. First Call's EPS forecasts call be found on Yahoo Finance.