Search found 34749 matches
- Tue May 14, 2024 8:44 pm
- Forum: Picks and tips from the EP community
- Topic: Kimbell Royalty Partners (KRP) Valuation Update - May 14
- Replies: 0
- Views: 2
Kimbell Royalty Partners (KRP) Valuation Update - May 14
KRP's 1st quarter sales (27,454 Boepd) and revenues beat my forecast. Although they have not increased their full-year 2024 guidance, it appears to me that they will easily exceed the high end of their production guidance of 22,500 to 25,500 Boepd. Sales increase from 17,215 Boepd in Q1 2023 to 27,4...
- Tue May 14, 2024 6:29 pm
- Forum: Other topics of interest
- Topic: Dan, Please shut off AC
- Replies: 4
- Views: 70
Re: Dan, Please shut off AC
REPX is putting small ngas fired power plants in their fields. More companies are going to do this. Instead of giving ngas away, it can be used to generate electricity for pumps.
- Tue May 14, 2024 6:26 pm
- Forum: The View from Houston
- Topic: API reports big draw from crude oil storage - May 14
- Replies: 0
- Views: 12
API reports big draw from crude oil storage - May 14
After the markets closed on May 14 API reported: Crude inventories (3.104M) barrels Gasoline reported (1.269M) barrels Distillates reported +349K barrels Cushing reported (600K) barrels If EIA agrees, WTI will be up tomorrow. After we get past the OPEC+ meeting we should see steady decline of crude ...
- Tue May 14, 2024 6:22 pm
- Forum: Sweet 16 Portfolio
- Topic: Permian Resources (PR) is NOT SELLING more stock - May 14
- Replies: 4
- Views: 107
Re: Permian Resources (PR) is NOT SELLING more stock - May 14
The sellers are from Earthstone. They got C shares when the merger closed an could not convert to A shares until recently. See 10K.
Outstanding shares A + C will actually be going down.
Buy the dip.
Outstanding shares A + C will actually be going down.
Buy the dip.
- Tue May 14, 2024 6:20 pm
- Forum: The View from Houston
- Topic: Electrical Demand Opportunities
- Replies: 3
- Views: 60
Re: Electrical Demand Opportunities
I just saw a forecast for natural gas demand. 21 Bcfpd increase in demand by 2030, most of which is for LNG exports. Only 2.5 Bcfpd increase for power generation looks way too low to me. To meet this demand growth, the Haynesville will need to increase supply by over 10 Bcfpd because it is the only ...
- Tue May 14, 2024 3:21 pm
- Forum: Picks and tips from the EP community
- Topic: Black Stone Minerals (BSM) Valuation Update - May 14
- Replies: 0
- Views: 29
Black Stone Minerals (BSM) Valuation Update - May 14
I have updated my forecast/valuation model for BSM. I am lowering my valuation by $0.50 to $17.00. > The MLP's Q1 results actually beat my forecast, but they reduced their quarterly dividend from $0.475/unit to $0.375/unit. > They lowered 2024 production guidance. > Good news is that the balance she...
- Tue May 14, 2024 2:12 pm
- Forum: The View from Houston
- Topic: Oil & Gas Prices - May 14
- Replies: 0
- Views: 24
Oil & Gas Prices - May 14
Trading Economics: > WTI crude futures dropped below $78 per barrel on Tuesday, closing in on their lowest level in one month, as higher-than-expected US producer prices in April, led to concerns about prolonged higher interest rates by the Fed and potential impacts on oil demand. > Adding to woes, ...
- Tue May 14, 2024 2:08 pm
- Forum: Other topics of interest
- Topic: Dan, Please shut off AC
- Replies: 4
- Views: 70
Re: Dan, Please shut off AC
In a state with a massive amount of clean burning natural gas, it is insane that we have invested so much money in unreliable windmills. All ERCOT needed to do was put a few more ngas fired power plants near the large cities. We are just in May and they are crying about electricity demand exceeding ...
- Tue May 14, 2024 2:03 pm
- Forum: Sweet 16 Portfolio
- Topic: Permian Resources (PR) is NOT SELLING more stock - May 14
- Replies: 4
- Views: 107
Re: Permian Resources (PR) is NOT SELLING more stock - May 14
No shares being sold by the Company, so no impact on the per share valuation.
- Tue May 14, 2024 10:08 am
- Forum: The View from Houston
- Topic: OPEC's Monthly Report - May 14
- Replies: 0
- Views: 43
OPEC's Monthly Report - May 14
In its closely-watched Monthly Oil Market Report (MOMR) out today, OPEC maintained its forecast from the April report, which sees global oil demand rising by 2.25 million barrels per day (bpd) this year and by another 1.85 million bpd next year. OPEC estimates that global oil demand rose by 2.4 mill...