Energy Prospectus

Working gas in storage was 2,633 Bcf as of Friday, May 10, 2024, according to EIA estimates. This represents a net increase of 70 Bcf from the previous week. < Increase is 19 Bcf below the 5-year average build for this week. Stocks were 421 Bcf higher than last year at this time and 620 Bcf above th...

1st Quarter Production ------------------------- CRGY + SBOW = Combined Crude Oil >>>>>>> 70,363 + 24,538 = 94,901 bpd Natural Gas >>>>> 403,341 + 297,725 = 701,066 mcfpd NGLs >>>>>>>>>> 28,220 + 17,198 = 45,418 bpd Total Boepd >>>> 165,806 + 91,357 = 257,163 Boepd < 36.9% oil, 45.4% ngas and 17.7% ...

Crescent CEO David Rockecharlie said, "The combination with SilverBow, which is expected to be immediately accretive to all key per share metrics, solidifies Crescent as a leading operator in the Eagle Ford and strengthens the company’s growth platform with increased scale. The SilverBow team h...

This is stock-for-stock merger, similar to Earthstone's merger into Permian Resources. Size matters in this business, so 1+1 = 2.5 Under the terms of the agreement, SilverBow shareholders who elect to receive stock will receive 3.125 shares of Crescent Class A common stock for each share of SilverBo...

This will reduce MGY's outstanding shares. HOUSTON--(BUSINESS WIRE)-- Magnolia Oil & Gas Corporation (NYSE: MGY) (“Magnolia” or the “Company”), today announced that certain affiliates of EnerVest, Ltd. (the “Selling Stockholders”) agreed to sell 12,000,000 shares of the Company’s Class A common...

At the time of this post STR was trading for $23.63. My valuation increases by $1.50 to $33.50 per share based on 6X annualized operating cash flow per share. > Based on my forecast, dividends should total $1.90 per share this year for yield of 8.04% using today's share price. > In addition to solid...

Journey Energy is a Canadian Junior that has been on my Watch List for awhile. This morning HFI Research sent out a report on JOY, concluding that the stock is oversold. Due to cost overruns on some power projects last year, the Company did get into a bit of a financial bind, but those issues have ...

Note below is from Aaron Stone, VP Exploration that made this morning's webinar presentation. Feel free to contact him directly if you have any questions. Just tell him you are an EPG member. ----------------- "One thing we try to reiterate with people that are looking to invest in gold project...

Just remember that IEA is based in France and it has clearly been politized. Global oil demand is set to rise by 1.1 mb/d in 2024, 140 kb/d less than projected in last month’s Report as weak deliveries, notably in Europe, shifted first-quarter OECD demand into contraction. The outlook for 2025 is co...

NMG Provides Quarterly Update, Presents Highlights from its 2023 ESG Report and Provides Notice of its Annual General Meeting of Shareholders On the heels of its multiyear offtake agreements and strategic investments with Anchor Customers Panasonic Energy and General Motors , Nouveau Monde Graphite ...