Search found 34826 matches

by dan_s
Fri May 31, 2024 9:55 am
Forum: Picks and tips from the EP community
Topic: ROK Resources (ROK.V) Q1 Results - May 21
Replies: 0
Views: 32

ROK Resources (ROK.V) Q1 Results - May 21

REGINA, SK / ACCESSWIRE / May 21, 2024 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) has filed its interim Financial Results and Management Discussion & Analysis for the three months ended March 31, 2024. The Company remained on strategy and budget for...
by dan_s
Fri May 31, 2024 9:46 am
Forum: Picks and tips from the EP community
Topic: Surge Energy, Hope Valley, and oh…. its oil price sensitivity
Replies: 1
Views: 40

Re: Surge Energy, Hope Valley, and oh…. its oil price sensitivity

IMO Surge should be getting more credit for using the non-core asset sale proceeds for debt payoff. Using more FCF for stock buybacks should also increase value of this stock. Surge's realized oil prices should be 10% higher in Q2 thanks to lower differentials. 6/30 balance sheet should be in much b...
by dan_s
Fri May 31, 2024 8:34 am
Forum: The View from Houston
Topic: LNG Prices
Replies: 1
Views: 53

Re: LNG Prices

Note from HFI Research on May 31: "Turning to the demand side, the outlook for the natural gas market looks—dare we say it—bright when producer supply restraint is considered against the backdrop of bullish macro demand factors. While we view the optimistic demand projections related to an AI i...
by dan_s
Fri May 31, 2024 8:24 am
Forum: The View from Houston
Topic: LNG Prices
Replies: 1
Views: 53

LNG Prices

Asia JKM price is $11.83/MMbtu Europe TTF price is $10.75/MMbtu Since the beginning of this year, China has seen a strong recovery in natural gas demand, benefiting from low spot LNG prices. The country has noticeably increased its monthly LNG imports compared to the same period last year, according...
by dan_s
Thu May 30, 2024 6:16 pm
Forum: Picks and tips from the EP community
Topic: Surge Energy (SGY and ZPTAF) Update - May 29
Replies: 1
Views: 93

Re: Surge Energy (SGY and ZPTAF) Update - May 29

Highlights from conference call; > Dispositions were high op cost production for 3.5x c/f that hadn't been worked for six years. > $ 52M of FCF after dividends will be split between debt repayment down to terminal debt target of $170M and share buybacks. > Surge is showing discipline with the $0.04/...
by dan_s
Thu May 30, 2024 5:53 pm
Forum: The View from Houston
Topic: EIA - Weekly Natural Gas Storage Report - May 30
Replies: 0
Views: 43

EIA - Weekly Natural Gas Storage Report - May 30

Working gas in storage was 2,795 Bcf as of Friday, May 24, 2024, according to EIA estimates. This represents a net increase of 84 Bcf from the previous week. Stocks were 380 Bcf higher than last year at this time and 586 Bcf above the five-year average of 2,209 Bcf. At 2,795 Bcf, total working gas i...
by dan_s
Thu May 30, 2024 5:49 pm
Forum: The View from Houston
Topic: EIA Petroleum Status Report - May 30
Replies: 0
Views: 39

EIA Petroleum Status Report - May 30

Summary of Weekly Petroleum Data for the week ending May 24, 2024 U.S. crude oil refinery inputs averaged 17.1 million barrels per day during the week ending May 24, 2024, which was 601 thousand barrels per day more than the previous week’s average. Refineries operated at 94.3% of their operable cap...
by dan_s
Wed May 29, 2024 7:13 pm
Forum: Picks and tips from the EP community
Topic: Surge Energy (SGY and ZPTAF) Update - May 29
Replies: 1
Views: 93

Surge Energy (SGY and ZPTAF) Update - May 29

Dividend increase should draw more attention and more aggressive stock buybacks will increase my per share valuation. CALGARY, AB, May 29, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce a number of recent positive operational and fina...
by dan_s
Wed May 29, 2024 6:48 pm
Forum: Picks and tips from the EP community
Topic: Riley Exploration (REPX) had a good day - May 29
Replies: 2
Views: 73

Re: Riley Exploration (REPX) had a good day - May 29

First Call's current price target for REPX is $48.75.

My valuation is higher.
by dan_s
Wed May 29, 2024 6:44 pm
Forum: Picks and tips from the EP community
Topic: Riley Exploration (REPX) had a good day - May 29
Replies: 2
Views: 73

Riley Exploration (REPX) had a good day - May 29

I believe that RPC Power LLC has potential to add significant upside for REPX. HOUSTON and OKLAHOMA CITY, May 21, 2024 /PRNewswire/ -- Conduit Power, LLC ("Conduit") and Riley Exploration Permian, Inc. ("Riley Permian") today announced that they entered into definitive agreements...