Energy Prospectus

I will be heading over to Maggiano's for our luncheon that is being hosted by InPlay Oil.

I should be back at my desk by 2:30. I will post my notes from Doug Bartole's presentation.

All seats are taken for today's luncheon.

Calgary, Alberta--(Newsfile Corp. - April 22, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") today announced it obtained an exemption order from the Canadian securities regulators which permits Baytex to purchase up to 10 percent of the "public float" (within the m...

Suriname’s Resource Boom is Back on Track With First Oil Targeted for 2028 By Matthew Smith - Apr 22, 2024, 5:00 PM CDT Suriname aims to replicate Guyana's oil success but faces challenges due to delays, commercial concerns, and global climate change efforts. TotalEnergies and APA plan to make the f...

I like this midstream company and probably should have kept it in our High Yield Income Portfolio, but there did not seem to be enough interest in Master Limited Partnerships (MLP). Current dividend yield is over 8.3% and it is likely to increase quarterly distributions this year. It is now one of Z...

Go to the 43rd minute of this video to understand how much electricity AI will require.
https://www.youtube.com/watch?v=DfTU5LA_kw8

The entire video is three hours long, but very thought provoking. They discuss some very deep stuff, including how AI could evolve into a "God".

I agree 100%.

Note from one of our very smart investors. He likes gold, copper and oil because they are "real assets". Commodity prices are rising since both the U.S.’s and China’s manufacturing have begun rising in sync—and China’s economy is beyond the Fed’s control. Biden’s proposed steel tariffs wou...

Source Rock is a pure-play oil and gas royalty company with an existing, oil focused portfolio of royalty interests concentrated in southeast Saskatchewan, central Alberta and west-central Saskatchewan. Source Rock targets a balanced growth and yield business model, using funds from operations to pu...

I have updated my forecast model for Vital Energy and it has been posted to the EPG website. My valuation stays the same at $102/share. Here is what I did: > Lowered interest expense on row 34. > Increased the outstanding share count from 37 to 38 million, which is probably a bit too high. > I adjus...

This is a micro-cap minerals/royalty company that has been recommended by the same EPG member that brought Hemisphere Energy and InPlay Oil to my attention. I hope to schedule the Founder and CEO, Brad Docherty on a webinar with me soon. Note that the company already pays dividends. ----------------...