Energy Prospectus

Hemisphere announced today its Q1 results. I am not employed by Hemisphere, but I correctly predicted in above even the number after the digit for the Q1 net profit (C$ 6.8 M) and the eps (C$ 0.07). As predicted solvency increased (from 67.5% to 69.5 %). Interim dividend ($ 0.025) was as per expecta...

Summary Inplay Oil is a small Canadian oil and gas company, operating in Cardium and Belly River in Alberta. Market value is $ 212 M. Inplay has ample reserves, a growing production, a very solid balance sheet, robust profitability and good shareholder returns. Inplay is undervalued Reserves • Late...

Summary Permian Resources fundamentals are a mixed bag. On the positive side: the balance sheet is very healthy, profitability is good and shareholder returns are attractive. On the other side: reserves are lowish and in 2023 the RRR was low. PR has a limited growth potential. Production short-term...

Crescent Energy is a good addition.

If you think that WTI can go to $ 90/bbl, then Baytex is a great investment. If you think that WTI can go to $ 70/bbl than stay away. Summary Baytex has lowish reserves and a mediocre RRR. The balance sheet is a reasonable condition but needs some strengthening. Profits can soar with higher oil pric...

I believe that Henry Hub gas prices in the near future will go up. Stable gas prices If there was such a thing, stable long term Henry Hub gas prices would be around $ 3.50-4.50/MM Btu. However, I believe that stable gas prices do not exist. Gas prices will be either well above or well below the $ 3...

I noted that the shares of gas companies are amongst the best performing oil and gas stocks in 2024. I am no expert on the US gas market, but I decided to have a quick look at the “why” for this. 2024 performance of gas companies shares • Antero is topping the 2024 performance list with a whopping +...

Hemisphere – a Canadian small cap - will present pre-market on the 29th of May as the last of the lot its Q1 results. Production results were announced in April 2024. I expect no surprises in the rest. Production • Q1 production (3,145 BoE/d) was -7.1% below Q4 2023 (3,386 K BoE/d), due to the impac...

Cresent Energy and Silverbow have announced an intended merger. The merger is to be closed in late Q3 2024. For ease of the comparison below, I have used the full 2024 data for each company. Reserves • Combined 2023 proven reserves after the merger will be 994 M BoE. • Cresent contributes 548.2 M Bo...

More news: HOUSTON, May 16, 2024--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") and SilverBow Resources, Inc. (NYSE: SBOW) ("SilverBow"), today announced that they have entered into a definitive agreement pursuant to which Crescent ...