Energy Prospectus

Susan and I are flying to Florida today to go on a cruise that she won last year on a Celebrity cruise ship. This "Free" cruise will cost us about $2,500, but it is a ship (APEX), which we've wanted to go on for years. I will have limited internet access on the ship, so I will check the ma...

Working gas in storage was 2,425 Bcf as of Friday, April 19, 2024, according to EIA estimates. This represents a net increase of 92 Bcf from the previous week. Stocks were 439 Bcf higher than last year at this time and 655 Bcf above the five-year average of 1,770 Bcf. At 2,425 Bcf, total working gas...

They are looking at the NYMEX strip prices here: https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.quotes.html#venue=globex After November the strip jumps over $3.50 and all of those companies are extremely profitable at that gas price. Just remember that the NYMEX strip is not a forec...

At the time of this post EQT was trading for $39.76. TipRanks: "In the last 3 months, 18 ranked analysts set 12-month price targets for EQT. The average price target among the analysts is $43.41. The 18 price targets range from $34 to $60 per share." As previously posted, EQT's Q1 results ...

2024 Outlook The Company updated its expectation of 2024 total sales volume to 2,100 – 2,200 Bcfe, which assumes 1 Bcf/d of operated production curtailments through May and embeds future curtailment optionality dependent on market conditions. < Midpoint is 100 Bcfe below previous guidance . The Com...

First Quarter 2024 and Recent Highlights: > Adjusted Net Income of $365 million beat my forecast of $153 million. < due to much higher realized ngas prices than my forecast and lower LOE. Net differential was only -$0.17/mcf compared to my forecast of -$0.50/mcf. Increasing their realized gas price:...

We have lots of ngas fired power plants that will be running 24/7 when summer heat arrives, which starts next week. This is the same across the Southeast quarter of the country.

The BIG gassers will survive and rise again. The U.S. natural gas market is BIG and VERY IMPORTANT.

Another thing to keep in mind is that demand for U.S. natural gas, including exports is approximately 105 Bcf per day over the course of a year. The gas price is down today because the front month contract MAY24 expires this week. JUN24, which will be the front month contract next week, closed at $1...

Interesting comments from HFI Research EIA oil storage report was fairly bullish today with the crude draw of 6.4 million bbls outpacing our forecast of -4.33 million bbls. More importantly in these weekly reports, we watch just how accurate we are at estimating US crude production. And so far, thin...