Energy Prospectus

I've made some minor changes to my forecast/valuation model for IPO.TO and IPOOF. I have posted it to the EPG website. I have lowered Q3 and Q4 production a bit due to their well completion schedule, but they are still on-track to an exit rate of 10,500 Boepd. I'm forecasting just 11,000 Boepd produ...

EOG Resources, Inc. (EOG, Buy, $123.66) - DW EOG Resources is an independent exploration and production company with oil and gas properties located in the U.S. onshore resource trends and in Trinidad. The company is the pioneer of horizontal oil in the Lower 48 and has a differentiated management te...

Diamondback Energy Inc. (FANG, Buy, $150.20) – DW Diamondback Energy is an independent oil and gas exploration company with oil and gas properties in the Permian Basin in West Texas. The company has an acreage footprint in both the Midland and Delaware Basins of the Permian, and also has 55% ownersh...

Comstock Resources Inc. (CRK) – DW Comstock Resources is an independent natural gas producer with operations focused on the development of the Haynesville Shale in North Louisiana and East Texas. The company is one of the largest producers in the Haynesville, and the only publicly traded Haynesville...

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FEAR and GREED are two powerful emotions.

I will update my InPlay forecast model this afternoon. The numbers are "stunning" at $90WTI.

In today's webinar, Doug Bartole confirmed that InPlay is selling their oil for ~$120Cdn/bbl. My forecast model is based on realized oil prices of $100 in Q3 and $112 in Q4 and 2024. NGL prices should also come in a bit higher than what I have used in the forecast. InPlay has a super strong balances...

Texas Energy Bus Tour Takeaways - Capital discipline remains the industry mantra Summary Last week, we hosted a four-day Energy bus tour in Dallas, Midland, and Houston that included meetings with companies throughout the oil and gas value chain. We focused our discussions on capital discipline, ser...

Note from Raymond James this morning. When OPEC’s JMMC meets this Wednesday, we do not anticipate any major shift in production policy despite a price increase of nearly 9% since the August monitoring meeting. A lot of the heavy lifting for setting the 2024 production levels was done at the June mee...

CALGARY, AB, Oct. 2, 2023 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.015 per common share payable on October 31, 2023, to shareholders of record at the...

Solaris Resources is high on my Watchlist. I expect them to sell Warintza at a very good price and keep all of their remaining exploration prospects. You can watch a replay of my September 26th webinar with Daniel Earle, the Company's CEO directly from our website. Solaris Resources Inc. (TSX: SLS)...