Search found 34687 matches

by dan_s
Tue May 07, 2024 5:35 pm
Forum: Other topics of interest
Topic: Should we be concerned?
Replies: 0
Views: 3

Should we be concerned?

The San Diego sector of the Border Patrol apprehended approximately 485 Chinese immigrants in just two days. This figure surpasses the 323 Chinese nationals encountered during the entirety of the previous fiscal year. The report was based on information provided by a source from Customs and Border P...
by dan_s
Tue May 07, 2024 2:52 pm
Forum: Picks and tips from the EP community
Topic: Kolibri Global Energy (KGEI) 2023 Results - May 7
Replies: 0
Views: 22

Kolibri Global Energy (KGEI) 2023 Results - May 7

Sorry that I missed this one. I was in the hospital getting a "procedure" down on Friday when this came out. Good results. Bottomline: Kolibri's 2023 results were good, but below expectations, due to delays and operational issues in Q4. 2023 HIGHLIGHTS Adjusted EBITDA was $39.1 million in ...
by dan_s
Tue May 07, 2024 2:41 pm
Forum: Picks and tips from the EP community
Topic: Analysis of Ring Energy Q1 results
Replies: 5
Views: 97

Re: Analysis of Ring Energy Q1 results

As I posted earlier, Ring's realized natural gas price was a positive $0.31/mcf. They report gas prices net of GT&P expenses. Ring is going to be fine, but HMENF and IPOOF are better choices at current prices IMO. Strong balance sheets (almost debt free) and they both pay nice dividends. Ring ha...
by dan_s
Tue May 07, 2024 2:21 pm
Forum: Sweet 16 Portfolio
Topic: Talos Energy (TALO) Valuation Update - May 7
Replies: 0
Views: 22

Talos Energy (TALO) Valuation Update - May 7

After this morning's conference call three energy sector analysts submitted updated forecasts and price targets to TipRanks. All three rate TALO a BUY. > Subash Chandra at Benchmark Co. (highly respected) keeps his price target at $20.00 > Nathaniel Pendleton at Stifel Nicolaus increased his price t...
by dan_s
Tue May 07, 2024 11:43 am
Forum: Picks and tips from the EP community
Topic: Solaris Resources
Replies: 0
Views: 20

Solaris Resources

Warintza has the potential to be a World Class Copper mine. Below is a summary of Solaris Resources Inc. (TSX: SLS)(NYSE: SLSR) latest press release announcing an update on Warintza operations, the optimization progress under the direction of new COO, Javier Toro, and appointment of leading consulta...
by dan_s
Tue May 07, 2024 11:15 am
Forum: Picks and tips from the EP community
Topic: Ring Energy (REI) Valuation Update - May 7
Replies: 0
Views: 20

Ring Energy (REI) Valuation Update - May 7

I have updated my forecast/valuation model for REI. My valuation increases by $0.40 to $4.40/share. < based on 4X operating CFPS. > Q1 production exceeded the Company's guidance and my forecast is that full-year production will be near the top of the guidance range (18,000 to 19,000 Boepd). > Their ...
by dan_s
Tue May 07, 2024 9:39 am
Forum: Picks and tips from the EP community
Topic: Analysis of Ring Energy Q1 results
Replies: 5
Views: 97

Re: Analysis of Ring Energy Q1 results

Q1 Adjusted Net Income and production volumes beat my forecast. Ignore GAAP net income that includes the misleading MTM loss on their hedges. Ring just needs to stay focused on generating free cash flow to pay down debt. Q1 realized prices, including the cash settlements on the hedges during the qua...
by dan_s
Tue May 07, 2024 8:16 am
Forum: The View from Houston
Topic: Natural gas prices: It will take a hot summer to get back to $3
Replies: 0
Views: 66

Natural gas prices: It will take a hot summer to get back to $3

Phil Flynn on May 6: We see signs that natural gas demand should pick up this month as weather starts to kick in to more summer like temperatures. I think that last week was a great buying opportunity. Reports that the Freeport LNG export terminal was taking more inflows last week and they hope that...
by dan_s
Mon May 06, 2024 6:52 pm
Forum: Sweet 16 Portfolio
Topic: Talos Energy (TALO) Q1 Results - May 6
Replies: 1
Views: 102

Talos Energy (TALO) Q1 Results - May 6

Key Highlights Production of 79.6 thousand barrels of oil equivalent per day ("MBoe/d") (71% oil, 80% liquids) is at the high end of Talos's first quarter 2024 guidance range. < Beat my forecast of 79,000 Boepd for Q1. NGL production higher than my forecast. Closed QuarterNorth Energy Inc....
by dan_s
Mon May 06, 2024 2:54 pm
Forum: Other topics of interest
Topic: BP: New CEO sticking with oil & gas
Replies: 0
Views: 29

BP: New CEO sticking with oil & gas

As predicted, the "Green New Deal" has turned into the "Bad New Deal". This is what happens when idiots set energy policy. OilPrice.com "BP, responding to industry shifts and shareholder priorities, is set to reverse its commitment to reducing oil and gas production by 2030....