Energy Prospectus

VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is pleased to announce that it has received approval to list its common shares on the NYSE American LLC (“NYSE American”) with trading expected to commence on ...

I had a 45 minute conference call with REPX this morning, primarily to go over some of my forecast/model assumptions and to encourage them to host a webinar for us late in May or early June. Riley only has two decent energy sector analysts covering them. They have a good story and just need to get i...

I am way below $50,000 of Passive Foreign Investment Company (PFIC).

Can you provide a link to explanation of this filing requirement?

Read this: https://finance.yahoo.com/news/baytex-bte-incredible-growth-stock-164505593.html Baytex year-over-year production growth: > 4.2% in 2022 > 46.3% in 2023 > 25.3% in 2024 based on the midpoint of the Company's guidance. I added Baytex to the Sweet 16 soon after they acquired Ranger Oil (a S...

FYI "Petroleum Economist" is a new EPG member that lives in Europe. He keeps a database of upstream oil companies that he ranks based on proved reserves and other fundamentals. Note that several of our model portfolio companies are at the top of his list. EPG was established in 2001 as a n...

HFI points out the geopolitical risk is a distraction from the serious problem of under-investment in oil supplies. Oil market fundamentals this year have been healthy, but we are entering a short-term lull. Global refinery maintenance in April coupled with stretched financial positioning means that...

If WTI closes over $85/bbl, it sets that price up as a strong floor. Israel is not going to allow Iran to go unpunished. Today: "Asked if plans are in the works to increase pressure on Iran through additional sanctions after Saturday’s missile strike, the State Department said, “We are in ongoi...

Good stuff.
Ignore the hostile takeover attempt by Kimmeridge. It comes with the territory. Actually, it helped draw more attention to this grossly under-valued stock.

Trading Economics: "WTI crude futures extended its early decline to trade 1.5% lower at the $84.5 per barrel mark on Monday, as the temporary waning of geopolitical tension in the Middle East lowered the risk premium on energy commodities. The Israeli defense warded off a series of areal strike...

At the time of this post OVV was trading at $53.42. Two energy sector analysts have recently updated their price target to agree with my $69.00 valuation. > On April 12 Lloyd Byrne at Jefferies (rated 5-Stars by TipRanks) rates it a BUY with a $69.00 price target. > On April 11 Josh Silverstein at U...