Search found 34724 matches

by dan_s
Sat May 11, 2024 12:37 pm
Forum: Sweet 16 Portfolio
Topic: Read this if you own SilverBow Resources (SBOW) - May 11
Replies: 0
Views: 17

Read this if you own SilverBow Resources (SBOW) - May 11

The article at the link below is a good summary of what's going on at SilverBow. ------------------------------- "It is an election year, and the battle is on. SilverBow Resources, a publicly traded oil and gas company operating in South Texas’ Eagle Ford shale, is wrapped up in a big conflict ...
by dan_s
Sat May 11, 2024 11:04 am
Forum: Other topics of interest
Topic: The Sun's impact on the Earth's atmosphere - May 11
Replies: 0
Views: 13

The Sun's impact on the Earth's atmosphere - May 11

The Sun and the oceans have 1,000 X more impact on the Earth climate than the tiny amount of CO2 in the atmosphere, yet Team Biden tells us that if we spend $Trillions on windmills and solar panels we can control the Earth's climate. ------------------------------------------------------ An extreme ...
by dan_s
Sat May 11, 2024 10:53 am
Forum: Sweet 16 Portfolio
Topic: Crescent Point Energy (CPG) Valuation Update - May 11
Replies: 0
Views: 13

Crescent Point Energy (CPG) Valuation Update - May 11

Crescent Point is a recent addition to the Sweet 16, so I'm still making adjustments to my forecast model assumptions. I'm gaining more confidence in the model each quarter. For new companies I always try to lean towards more conservative assumptions, including the use of a low CFPS multiple to valu...
by dan_s
Sat May 11, 2024 10:28 am
Forum: Sweet 16 Portfolio
Topic: Crescent Point Energy (CPG) Q1 Results - May 11
Replies: 3
Views: 22

Re: Crescent Point Energy (CPG) Q1 Results - May 11

TipRanks: In a report released May 8, Jason Bouvier from Scotiabank maintained a Buy rating on Crescent Point Energy, with a price target of C$16.00 ($11.70US) . The company’s shares closed on May 10 at $8.70US According to TipRanks.com, Bouvier is a 5-star analyst with an average return of 19.5% a...
by dan_s
Sat May 11, 2024 9:43 am
Forum: Sweet 16 Portfolio
Topic: Crescent Point Energy (CPG) Q1 Results - May 11
Replies: 3
Views: 22

Re: Crescent Point Energy (CPG) Q1 Results - May 11

Crescent Point Energy Corp. CPG has inked an agreement to sell off its non-core assets in Saskatchewan to Saturn Oil & Gas Inc. The total consideration for the deal is C$600 million, which will be financed in cash. The non-core assets put up for sale include Flat Lake and Battrum. The transactio...
by dan_s
Sat May 11, 2024 8:54 am
Forum: Sweet 16 Portfolio
Topic: Crescent Point Energy (CPG) Q1 Results - May 11
Replies: 3
Views: 22

Re: Crescent Point Energy (CPG) Q1 Results - May 11

CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point", or the "Company") (TSX: CPG) and (NYSE: CPG) held its Annual and Special Meeting of Shareholders ("AGM" or "the meeting") on May 10, 2024. During the business portion of th...
by dan_s
Sat May 11, 2024 8:43 am
Forum: Sweet 16 Portfolio
Topic: Crescent Point Energy (CPG) Q1 Results - May 11
Replies: 3
Views: 22

Crescent Point Energy (CPG) Q1 Results - May 11

KEY HIGHLIGHTS in Canadian Dollars Strong operational execution year-to-date, including delivering 198,500 boe/d of production in first quarter. < Slightly below my forecast of 200,000 Boepd. Generated $130 million of excess cash flow in first quarter, with over $80 million returned to shareholders....
by dan_s
Fri May 10, 2024 7:07 pm
Forum: The View from Houston
Topic: Peak Oil Demand is a lie.
Replies: 0
Views: 44

Peak Oil Demand is a lie.

"The message of the growth of the middle class globally often gets lost in the constant blare of climate change and energy transition noise. The fact remains that the world we live in today and the one likely to exist at mid-century, runs on oil. The notion that the world can quickly and painl...
by dan_s
Fri May 10, 2024 4:16 pm
Forum: The View from Houston
Topic: Oil & Gas Prices - May 10
Replies: 2
Views: 50

Re: Oil & Gas Prices - May 10

Standard Chartered has predicted that global oil markets will record the biggest stock draws in the first half of 2024 in May and June, implying we have entered a key period for oil fundamentals that will determine whether the market will tighten further or disappoint. StanChart says to watch global...
by dan_s
Fri May 10, 2024 4:10 pm
Forum: The View from Houston
Topic: Oil & Gas Prices - May 10
Replies: 2
Views: 50

Re: Oil & Gas Prices - May 10

EIA forecasts: Short Term Energy Outlook dated May 7, 2024 Global oil prices. We expect voluntary OPEC+ crude oil production cuts and ongoing geopolitical risks will keep the Brent crude oil spot price near $90 per barrel (b) for the remainder of 2024 before falling to an average of $85/b in 2025 as...