Energy Prospectus

FOR THOSE WHO ARE 60 YEARS OLD AND ABOVE PLEASE READ THIS. (Susan and I recently turned 70). This is for you. I really like what is said here and am going to try my best to follow it. Thank you to the person who wrote this. May God bless us all as we strive to be a blessing to others at this age, es...

I have updated my forecast/valuation model for Ovintiv. > Their Q1 results beat my forecast and they have raised their full year production guidance. > ~64% of their production is natural gas and NGLs, and most of their ngas hedges are collars with high ceilings. My valuation increases by $1 to $70/...

Trading Economics Crude Oil Oil prices rebounded on Wednesday, with WTI crude futures climbing back above $78 per barrel after dropping below $77 earlier in the day as EIA data showed a draw in US crude oil stocks. Government data showed crude oil inventories in the US fell by 1.361 million barrels...

Ovintiv has a very good marketing team because natural gas and NGL prices were much higher than I expected. I also think they produce a lot of high BTU gas, which get premium pricing. Higher ngas and ngl prices should offset a bit of oil price weakness. This year's D&C program is focused on maxi...

Summary of Weekly Petroleum Data for the week ending May 3, 2024 U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending May 3, 2024, which was 307 thousand barrels per day more than the previous week’s average. Refineries operated at 88.5% of their operable capac...

Highlights: Generated net earnings of $338 million, cash from operating activities of $659 million, Non-GAAP Cash Flow of $1,035 million (< beat my operating cash flow forecast of $1,015 million) and Non-GAAP Free Cash Flow of $444 million after capital expenditures of $591 million First quarter pro...

Recent Financial and Operational Highlights Delivered Permian Resources’ best quarter to-date: > Production outperformance due to accelerated Earthstone efficiencies and continued strong well results > Robust free cash flow driven by operational execution and realization of cost synergies > Earthsto...

First Quarter 2024 Highlights: Magnolia reported first quarter 2024 net income attributable to Class A Common Stock of $85.1 million, or $0.46 per diluted share. First quarter 2024 total net income was $97.6 million and total adjusted net income(1) was $101.0 million. < Beat my forecast of $93.8 mil...

The San Diego sector of the Border Patrol apprehended approximately 485 Chinese immigrants in just two days. This figure surpasses the 323 Chinese nationals encountered during the entirety of the previous fiscal year. The report was based on information provided by a source from Customs and Border P...

Sorry that I missed this one. I was in the hospital getting a "procedure" down on Friday when this came out. Good results. Bottomline: Kolibri's 2023 results were good, but below expectations, due to delays and operational issues in Q4. 2023 HIGHLIGHTS Adjusted EBITDA was $39.1 million in ...