Energy Prospectus

dan_s

Good presentation. It will take time for the Wall Street Gang to figure out how significant the HG Energy acquisition is to AR. My 2026 forecast is probably too conservative. Today: TipRanks shows four new price targets for AR of $45, $46, $46 and $52 (Wells Fargo) TipRanks Price Target today: "...

dan_s

EIA Short Term Energy Outlook Natural gas prices rose sharply in January. The Henry Hub spot price averaged $7.72 per million British thermal units (MMBtu), up 81% from December, in response to increased heating demand, reduced production, and large inventory withdrawals as Winter Storm Fern blanket...

dan_s

More from Josef: Bullish pressure for crude prices comes from: 1. US Tariffs on imports would raise prices for consumers and businesses. We now need to wait for upcoming data to see what occurs. Trade will now expand to new countries, increasing energy consumption. For example, China has nearly doub...

dan_s

Energy Sector Update form Josef Schachter, an expert on the Canadian oil & gas market Iran and Russia are having problems selling their crude as there are lots of barrels available at a reasonable price. The US is allowing rising amounts of diluent to be sold to Venezuela as it handles the oil s...

dan_s

Ero Copper Corp. (ERO) is up 135% over the last 12-month period. Up 8.2% YTD. I am trying to set up a webinar with the CEO of Mundoro Capital (MUN.V), Teo Dechev. She is an expert on the global copper market. MUN.V is up 107% YTD and they recently announced another JV project with BHP. This tiny exp...

dan_s

This was sent to me by one of our very conservative members (a women). …just because I voted for Trump doesn’t mean I love the guy so much that I act like he is the best person in this entire world. Personally, I truly feel like he can shut his mouth and act more professional more often. But what yo...

dan_s

Note from HFI Research this morning. EIA reported actual U.S. oil production for November was 13,782,000 bpd, which was lower than October's production of 13,870,000 bpd. HFI's estimated is that actual U.S. oil production in January was 13,300,000 bpd. My WAG is that U.S. oil production will bounce ...

dan_s

At the time that I began this post the front month NYMEX contracts (MAR26) WTI oil was trading at $62.80/bbl and HH natural gas was trading at $3.16/MMBtu. These prices compare to the prices I am using in my Q1 2026 forecasts of $57.50/bbl and $4.00/MMBtu. For Q4 2025 the actual oil and gas prices (...

dan_s

Markets now see a 30% probability of a Fed rate cut by April and more than 80% chance of easing by June. "In the coming months, we expect inflation to continue to be higher than preferred, but not accelerating, which will allow the Fed to lower rates in response to soft labor data." - Chri...

dan_s

For the record I am a firm believer in "Climate the Same". God built the Earth's climate system to be "self-balancing". Out of the "normal" temperatures are just "weather". In the Earth's self-balancing climate system, it is normal to have colder than normal a...

dan_s

Notes below are from Eric Erickson The press is hysterical. Donald Trump’s Administration has repealed a ludicrous finding from the Obama Administration about carbon dioxide and has decided to expand coal energy production in the United States. ABC News has gotten hysterical. For those of you upset ...

dan_s

Mr. Bessent said: My comments are in blue . The Treasury will be giving rewards for whistleblowers who discover fraud and tell the Treasury. Minneapolis is ground zero for fraud in America. < This is a BIG DEAL and fraud in California may be worse . The administration has no authority over the DC at...

dan_s

FLNG closed at $25.50 on February 12.
My updated forecast/valuation model supports a current valuation of $26.50.
TipRanks price target is $26.70.

dan_s

Q4 Earnings Call Summary (From TipRanks Premium AI) Earnings Call Sentiment | Positive The call conveyed a generally positive financial and operational performance for 2025 — adjusted EBITDA ($251M), adjusted net income ($101M), strong cash balance ($448M), high TCEs (~$72k/day), near‑100% fleet upt...

dan_s

Yesterday after the markets closed FLEX released Q4 results. Highlights: * Vessel operating revenues of $87.5 million for the fourth quarter 2025, compared to $85.7 million for the third quarter 2025. < Beat my forecast of $83.0 million . * Net income of $21.6 million and basic earnings per share of...

dan_s

Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of February operations will be paid on March 16, 2026 to shareholders of record on February 28, 2026. This dividend is an eligible dividend for the purposes of the Inco...

dan_s

https://www.msn.com/en-us/money/markets/after-weeks-of-tension-trump-is-still-talking-tough-on-iran-heres-what-could-happen-next/ar-AA1WaWNj It is really anyone's Wild Ass Guess as to what Trump will do if Iran doesn't at least give up its nuclear enrichment program. My WAG is that Trump's first mov...

dan_s

Antero Midstream reported Q4 2025 results that were very close to my forecast. I have updated my forecast/valuation model for AM and posted it to the EPG website. At the time of this post AM was trading for $20.68. My updated valuation is $22.00. TipRanks: "Based on 3 Wall Street analysts offer...

dan_s

Working gas in storage was 2,214 Bcf as of Friday, February 6, 2026, according to EIA estimates. This represents a net decrease of 249 Bcf from the previous week. < 106 Bcf larger draw than the 5-year average for the week . Stocks were 97 Bcf less than last year at this time and 130 Bcf below the fi...

dan_s

Antero Resources reported Q4 2025 results that were close to my forecast. With more certainty about the Company's plans for 2026 my valuation increases by $2 to $44.00. TipRanks: "Based on 13 Best Performing Wall Street analysts offering 12-month price targets for Antero Resources in the last 3...

dan_s

FWIW here are the highlights: Global oil demand is forecast to rise by 850 kb/d in 2026, up from 770 kb/d last year. As in 2025, non‑OECD economies will account for the entire increase, with China taking the lead on a country level. Petrochemical feedstock products will represent more than half of t...

dan_s

OPEC talks about material increases in production but has not been able to raise the volumes forecasted. In January 2026, OPEC production fell by 135 Kb/d to 28.45 Mb/d but OPEC+ saw a decline of 305 Kb/d, so the overall number fell by 439 Kb/d to 42.45 Mb/d. They had raised production quotas but vo...

dan_s

Iran: Iran has threatened to destroy US bases in Jordan, Iraq, Bahrain and the UAE if the US strikes Iran. The US is positioning military defenses in these countries to protect their forces and their friends’ countries. Pizza restaurants near the Pentagon are seeing 250% increase in order activity a...

dan_s

NOG has provided an update that confirms my Q4 2025 forecast and their hedges that lock in solid operating cash flow for 2026. My valuation remains $42.50 per share, which is just 3X annualized operating cash flow per share for 2025 through 2027. I have decided to move NOG to our High Yield Income P...

dan_s

Comments below are from Josef Schachter this afternoon: Grand Ayatollah Khamenei's negotiating strategy to change meeting locations and to keep negotiations only to their nuclear program is frustrating US negotiators. They want comprehensive talks on Iran’s nuclear, ballistic missiles, support for t...

dan_s

U.S. Treasury Secretary Scott told the Senate Banking Committee last Thursday that “the Iranian leaders are moving money out of the country like crazy. The rats are leaving the ship and that is a good sign that they know the end may be near.” The U.S. Treasury Department’s monitoring of Iranian fina...

dan_s

Spartan Delta Corp. (SDE.TO and DALXF) was the top performing stock in our Small-Cap Growth Portfolio in 2025 (up 161% over the last 12-months and up 34% YTD in 2026). The management team has a strong track record of success creating value for their shareholders. It is an "Aggressive Growth&qu...

dan_s

https://www.msn.com/en-us/news/opinion/trump-takes-action-on-iran/vi-AA1W4RQR

dan_s

Summary of Weekly Petroleum Data for the week ending February 6, 2026 U.S. crude oil refinery inputs averaged 16.0 million barrels per day during the week ending February 6, 2026, which was 29 thousand barrels per day less than the previous week’s average. Refineries operated at 89.4% of their opera...

dan_s

Trump administration officials have discussed whether to seize additional tankers involved in transporting Iranian oil but have held off, concerned about Tehran’s near-certain retaliation and the impact on global oil markets, U.S. officials said. A move by the U.S. to block other sanctioned ships fr...

dan_s

Trading Economics: WTI crude oil futures rose more than 2% to above $65 per barrel on Wednesday morning, approaching the highest since September, on renewed Middle East tensions. > Reports suggested Washington may consider intercepting tankers carrying Iranian crude and could deploy an additional ca...

dan_s

California will soon depend heavily on imports of oil-based fuels. A bad storm or major problem at one of California’s ports could have huge ripple effects across the state’s fuel supply, Ariza said. “These refineries, as they’re shutting down, place greater and greater pressure, not only on prices ...

dan_s

Trading Economics: WTI Oil WTI crude oil futures fluctuated at around $64 per barrel on Tuesday, amid lingering tensions between the US and Iran despite signs of progress in recent talks. > On Monday, the US issued a warning to all American-flagged ships to avoid Iranian waters while transiting the ...

dan_s

My updated forecast model for Baytex has been posted to the EPG website, under the Small-Caps tab. TipRanks Premium: "Based on 6 Best Performing Wall Street analysts offering 12-month price targets for Baytex Energy in the last 3 months. The average price target is $3.95US with a high forecast ...

dan_s

I have updated my Baytex Energy forecast/valuation model based on the information provided on February 2 shown below. My current valuation is now $5.48Cdn per share, which translates to approximately $4.00US per share. My valuation multiple is still 4X annualized operating cash flow per share, whic...

dan_s

AI Loses Its Shine as Money Rotates Back Into Big Oil By Irina Slav - Feb 09, 2026, 7:00 PM CST > Investor nerves over Big Tech’s massive AI spending—over $660 billion this year—triggered a sell-off, despite reassurances from Jensen Huang that AI won’t replace software businesses. > As tech firms li...

dan_s

This is just one of the reasons: https://nypost.com/2026/02/09/us-news/california-electricity-bills-spiked-39-over-six-years/?utm_campaign=iphone_nyp&utm_source=mail_app In addition to high electricity prices, they enjoy very high gasoline prices (that are $2.25/gallon in Houston today). From th...

dan_s

HFI Research: By: Jon Costello Earlier today, Transocean (RIG) announced it will acquire Valaris (VAL) in an all-stock deal valued at approximately $5.8 billion. Under the deal, Valaris shareholders will receive 15.235 Transocean shares for each Valaris share they owned as of February 6, before the ...

dan_s

Monday, February 23, 2026 hosted by Helio Corp. (HLEO) To attend just RSVP to Liz Olson Luncheon: 12 Noon Ocean Prime 2101 Cedar Springs Road Dallas, TX 75089 Heliospace (part of Helio Corporation, OTC:HLEO) has recent major news: on January 6, 2026, they announced a new strategic push into Space-Ba...

dan_s

I have dropped Enbridge (ENB) and ONEOK (OKE) from the High Yield Income Portfolio. They are solid companies, but I want companies that offer higher dividend yields and more share price upside. AM and PAA/PAGP are the only midstream companies now in the HY Portfolio. ------------------------------ ...

dan_s

Comments below are from Increase Prosperity: American publicly-traded companies are now worth more than $70 trillion. To put that in perspective. The market cap of all Chinese companies is estimated at roughly $11 trillion. The market cap of all European (EU) countries is roughly $16 trillion. Japan...

dan_s

Here the direct link to the podcast I recorded on Sunday > https://www.youtube.com/watch?v=E7Nvz5l4gQ0 WTI crude oil futures rose above $64 per barrel on Monday morning as markets continued to gauge their appropriate risk premium. > US President Trump struck a degree of optimism over the negotiation...

dan_s

TipRanks Premium: "BTIG analyst Gregory Lewis reiterated a Buy rating on Transocean on February 2 and set a price target of $6.00. The company’s shares closed last Friday at $4.97." According to TipRanks.com, Lewis is a 5-star analyst with an average return of 17.8% and a 52.7% success rat...

dan_s

RIG will become a "Must Own" offshore drilling company if oil prices firm up in the "Right Price" range which I believe is $75 to $85 for WTI. With U.S. onshore oil production now on decline, "Drill Baby Drill" will be in the oceans. -----------------------------------...

dan_s

https://www.msn.com/en-us/news/world/trump-demands-nuclear-free-deal-as-iran-rejects-missile-negotiations/vi-AA1VVz4s Nothing will come from the "negotiations" except a delay in the "military option". "President Trump will give diplomacy a chance for now while the US militar...

dan_s

HFI Research: Over the weekend, weather models trended slightly warmer with no meaningful colder-than-normal risk on the horizon. With winter heating demand coming to an end soon, the lack of a bullish surprise on the cold front equals “sell first and ask questions later.” One of the key things to u...

dan_s

As of January 31, 2026, European gas inventories fell to about 41% capacity—the lowest since 2022—driven by colder weather and supply concerns after a U.S. winter storm. European buyers sourced LNG from as far as Australia in late January to offset potential U.S. shortages. EU natural gas inventorie...

dan_s

Listen to the first half of Joe's Saturday Summary: https://www.weatherbell.com/premium/ The Climate Change Wackos are funded by $billions. The SCAM is all about the money. Listen to the end of Joe's Saturday Summary and you will see why Joe thinks March weather will be bullish for natural gas deman...

dan_s

The first week of November we have a group going back to Puerto Vallarta. This will be our 23 Villa Rental from Boutique Villa that has headquarters in Puerto Vallarta, Mexico. https://www.boutiquevillas.com/accommodations/nahui/ Villa Nahui was off the rental market for two years and during that ti...

dan_s

During the week ending February 6, the Sweet 16 gained 2.45% and is now up 12.86% YTD. The S&P 500 Index declined by 0.10% and is now up 1.37% YTD. The Sweet 16 is off to a good start this year because the "myth" that there is a GLUT of oil is fading fast. On February 6th EIA released ...

Search found 38757 matches