Energy Prospectus

Super expensive AI data centers will not risk depending on unreliable wind and solar for their BIG electricity demand. Natural Gas: A Natural Bridge to Fuel AI’s Electric Demand Story by Paul Hoffman Big tech companies may have to renege on their clean energy promise and use power generated from na...

This morning, I finished my review of the updated profile for Ovintiv, one of the largest companies in the Sweet 16. Q1 2024 production was 574,000 Boepd, beating my forecast. At the time of this post OVV was trading for $48.55. My valuation increases by $1 to $71/share, which is just 3.1 X annualiz...

They are selling off the Northeast gasoline reserves, that were established after hurricane Sandy caused serious fuel shortages in the Northeast. To hell with national security.

Copper is trading at an all-time high. If you have not watched the replay of our May 22nd webinar with Teo Dechev, CEO of Mundoro Capital (MUNMF) I highly recommend that you do so. Here is the direct link to the replay: https://www.youtube.com/watch?v=DuNjULdcgTE First, read these comments from IEA ...

When commodity prices make big moves higher, the "Paper Traders" tighten up their stop loss orders. This is especially true leading up to storage reports and the monthly OPEC and IEA reports for oil. Sell offs in the NYMEX futures market are often triggered by one big sales that causes a l...

UBS on Thursday forecast Brent crude prices to rise to $91 per barrel over the coming months, citing an undersupplied oil market. The investment bank expects the eight Organization of the Petroleum Exporting Countries' (OPEC+) member states with voluntary production cuts to extend them for at least ...

Working gas in storage was 2,711 Bcf as of Friday, May 17, 2024, according to EIA estimates. This represents a net increase of 78 Bcf from the previous week. Stocks were 402 Bcf higher than last year at this time and 606 Bcf above the five-year average of 2,105 Bcf. At 2,711 Bcf, total working gas i...

Note this morning from HFI Research, which I have a lot of respect for: It wasn't long ago that everyone was bullish on oil. Bloomberg published an article noting the possibility of triple-digit oil prices this summer and we tweeted at that time that it was not a bullish indicator. Following today's...

Crescent Point is being added to our Sweet 16 Growth Portfolio. It replaces Talos Energy (TALO). I'm just moving TALO back to my Watchlist until after hurricane season. I spent most of the day yesterday building my valuation model for Crescent Point. It has been posted to the EPG website. My model ...

Our vet thinks Ziggy is 50/50 Chihuahua and Jack Russell. He is definitely an "Alpha Dog".