Energy Prospectus

I was on a 45-minute call with Surge today. My updated valuation is $10.35US per share. < Trades on the OTC as ZPTAF at $5.08US today. Notes from the call: > 2023 was a solid year for Surge. They generated $2.75Cdn per share of operating cash flow and raised the dividend twice. > PV10 Net Asset Valu...

YE Old Oil Conundrum. The Energy Report 05/13/2024 by PHIL FLYNN on MAY 13, 2024 - 8:45 AM · in MARKET COMMENTARIES, PHIL FLYNN ENERGY REPORT If you wonder why U.S. consumer confidence is as bad as it is, just look at oil and gasoline. The price of oil is 8.7% higher than it was a year ago. The cost...

At the time of this post GRNT was trading at $6.20. Dividend yield is 7.1%. I have updated my forecast/valuation model for their Q1 results and updated guidance. My valuation increases by $0.10 to $9.00/share. My updated forecast has been posted to the EPG website. I'm gaining more confidence in my ...

Completion of the Trans Mountain Pipeline has caused oil price differentials to decline in Western Canada. Notes below are from Surge Energy (SGY.TO), one of the companies in our Small-Cap Growth Portfolio. "During Q1/24, Western Canadian oil producers were significantly impacted by wide crude ...

Trading Economics: > WTI crude futures went up above $79 per barrel on Monday morning, with oil traders eagerly anticipating market insights from OPEC on global balances, demand forecasts, and supply dynamics in their upcoming report on Tuesday. > Additionally, the International Energy Agency is se...

At the time of this post AMX.V was trading at $1.73Cdn. First Call's price target is $3.50Cdn. Amex press release dated April 24 Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex or the Company") is pleased to announce that after continuing to advance its geological unders...

EPG Webinar to be Hosted by Amex Exploration May 15, 2024 09:00 AM CT / 10:00 AM ET Description: This will be a LIVE webinar with Aaron Stone, VP-Exploration of Amex Exploration (AMX.V and AMXEF on the OTC). Registration is required. More about Amex Exploration: Amex Exploration Inc. is a junior gol...

KOLIBRI GLOBAL ENERGY INC. PROVIDES FIRST QUARTER 2024 EARNINGS RELEASE DATE, CONFERENCE CALL, AND NICKEL HILL WELLS UPDATE Thousand Oaks, CALIFORNIA, May 8, 2024 – Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, NASDAQ: KGEI) is pleased to provide an operations update for its Tishomi...

Comments below are from Art Berman --------------------------------------------------- Recent geopolitical events in the Middle East create uncertainty about the crucial flow of oil, LNG and materials through the Red Sea-Suez Canal and the Persian Gulf-Strait of Hormuz. “The biggest choke-point of c...

All 16 companies have now released Q1 results and updated guidance. All 16 companies generated solid Q1 Adjusted Net Income, after you back out the non-cash mark-to-market adjustments on their hedges. < The most misleading SEC/GAAP accounting rule ever dreamed up. Our focus is on production volumes,...