Energy Prospectus

cease trade order??!! What, huh

Not a good look

Rule of Thumb

Big hedging loss>> Ignore them, don't matter

Big hedging gain> Wow, look how smart they are!

I personally like collars or just buy puts, I hate when company's give up the upside

That’s news to me Doocy: “Now that we know that the Iranians do not listen to President Biden’s public warnings, Is there any regret here about unfreezing billions of dollars for Iranian leaders during the President’s administration?” WH’s John Kirby: “What unfreezing are you talking about?” Doocy: ...

They just got a shout out on CNBC Oakmark funds value investor

Waha is negative 2 Much has been written about low natural gas prices at Henry Hub this year, and we at RBN have made our contributions to that discourse (see Fear and Loathing and Just In Time). Prompt month futures prices have been below $2.00/MMBtu for over two months now. While Hub prices at the...

I established a position in Riley today.
I’d be interested in engineer telling us who the other 4 are in his top 5

Down another 5 %

Biden Admin Told Iran Attack Had To Be ‘Within Certain Limits

That's the dumbest thing I ever read. Just the press covering for the demented one and pretend he had some affect on the outcome.

So in essence, you can attack, but don't make it too bad.

Dan's weekly is out early.

-Good intel from Riley REPX. Recent dip provides attractive entry price at 29.31, TP 50.00
-Potential upside if ng pricing improves, taking it to zero, does not materially impact numbers
-Crude futures for q2 about 85, Dan using 82.50 in models means upside potential

Refineries do well when crack spreads widen. "Big incentive to buying crude to maximize runs". Good for crude prices too

Took positions in PSX, DK, PARR

https://x.com/Energy_Tidbits/status/1778948167964274929