Energy Prospectus

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...

This morning two 5-Star rated energy sector analysts updated their price targets for EOG reported to TipRanks: Nitin Kumar at Mizuho Securities rates it a BUY with a price target of $140.00 Lloyd Byrne at Jefferies rates it a BUY with a price target of $157.00 22 analysts' price targets are in TipRa...

SRR was brought to my attention by the same EPG member that brought my attention to Hemisphere Energy and InPlay Oil. It is Canadian micro-cap minerals company that pays monthly dividends. The dividend announced this morning is annualized yield of 8.86%. At the time of this post SRR.V was trading a...

PITTSBURGH, April 15, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT") announced it has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40% interest in its non-operated natural gas assets in Northeast Pennsylvania, repres...