Energy Prospectus

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 ...

Amex Exploration hosted our webinar on May 15. Here are my notes: > Eldorado Gold Corporation (EGO), based in Vancouver, holds 9.9% of the AMEX equity. This is significant because EGO is a mining company with a market-cap over $3US Billion. Eldorado Gold Corporation, together with its subsidiaries, ...

Summary of Weekly Petroleum Data for the week ending May 10, 2024 U.S. crude oil refinery inputs averaged 16.3 million barrels per day during the week ending May 10, 2024, which was 307 thousand barrels per day more than the previous week’s average. < Refineries are ramping up to meet summer transpo...

Gold advanced past $2,370 per ounce threshold on Wednesday to its highest in nearly a month, as the latest economic data from the US strengthened the odds of several interest rate cuts by the Fed this year. The US headline and core annual inflation rates both slowed in April, reigniting hopes for th...

KRP's 1st quarter sales (27,454 Boepd) and revenues beat my forecast. Although they have not increased their full-year 2024 guidance, it appears to me that they will easily exceed the high end of their production guidance of 22,500 to 25,500 Boepd. Sales increase from 17,215 Boepd in Q1 2023 to 27,4...

REPX is putting small ngas fired power plants in their fields. More companies are going to do this. Instead of giving ngas away, it can be used to generate electricity for pumps.