Search found 34725 matches
- Sat May 11, 2024 2:08 pm
- Forum: Sweet 16 Portfolio
- Topic: Sweet 16 Update - May 11
- Replies: 0
- Views: 88
Sweet 16 Update - May 11
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,...
- Sat May 11, 2024 12:37 pm
- Forum: Sweet 16 Portfolio
- Topic: Read this if you own SilverBow Resources (SBOW) - May 11
- Replies: 0
- Views: 71
Read this if you own SilverBow Resources (SBOW) - May 11
The article at the link below is a good summary of what's going on at SilverBow. ------------------------------- "It is an election year, and the battle is on. SilverBow Resources, a publicly traded oil and gas company operating in South Texas’ Eagle Ford shale, is wrapped up in a big conflict ...
- Sat May 11, 2024 11:04 am
- Forum: Other topics of interest
- Topic: The Sun's impact on the Earth's atmosphere - May 11
- Replies: 0
- Views: 30
The Sun's impact on the Earth's atmosphere - May 11
The Sun and the oceans have 1,000 X more impact on the Earth climate than the tiny amount of CO2 in the atmosphere, yet Team Biden tells us that if we spend $Trillions on windmills and solar panels we can control the Earth's climate. ------------------------------------------------------ An extreme ...
- Sat May 11, 2024 10:53 am
- Forum: Sweet 16 Portfolio
- Topic: Crescent Point Energy (CPG) Valuation Update - May 11
- Replies: 0
- Views: 37
Crescent Point Energy (CPG) Valuation Update - May 11
Crescent Point is a recent addition to the Sweet 16, so I'm still making adjustments to my forecast model assumptions. I'm gaining more confidence in the model each quarter. For new companies I always try to lean towards more conservative assumptions, including the use of a low CFPS multiple to valu...
- Sat May 11, 2024 10:28 am
- Forum: Sweet 16 Portfolio
- Topic: Crescent Point Energy (CPG) Q1 Results - May 11
- Replies: 3
- Views: 38
Re: Crescent Point Energy (CPG) Q1 Results - May 11
TipRanks: In a report released May 8, Jason Bouvier from Scotiabank maintained a Buy rating on Crescent Point Energy, with a price target of C$16.00 ($11.70US) . The company’s shares closed on May 10 at $8.70US According to TipRanks.com, Bouvier is a 5-star analyst with an average return of 19.5% a...
- Sat May 11, 2024 9:43 am
- Forum: Sweet 16 Portfolio
- Topic: Crescent Point Energy (CPG) Q1 Results - May 11
- Replies: 3
- Views: 38
Re: Crescent Point Energy (CPG) Q1 Results - May 11
Crescent Point Energy Corp. CPG has inked an agreement to sell off its non-core assets in Saskatchewan to Saturn Oil & Gas Inc. The total consideration for the deal is C$600 million, which will be financed in cash. The non-core assets put up for sale include Flat Lake and Battrum. The transactio...
- Sat May 11, 2024 8:54 am
- Forum: Sweet 16 Portfolio
- Topic: Crescent Point Energy (CPG) Q1 Results - May 11
- Replies: 3
- Views: 38
Re: Crescent Point Energy (CPG) Q1 Results - May 11
CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point", or the "Company") (TSX: CPG) and (NYSE: CPG) held its Annual and Special Meeting of Shareholders ("AGM" or "the meeting") on May 10, 2024. During the business portion of th...
- Sat May 11, 2024 8:43 am
- Forum: Sweet 16 Portfolio
- Topic: Crescent Point Energy (CPG) Q1 Results - May 11
- Replies: 3
- Views: 38
Crescent Point Energy (CPG) Q1 Results - May 11
KEY HIGHLIGHTS in Canadian Dollars Strong operational execution year-to-date, including delivering 198,500 boe/d of production in first quarter. < Slightly below my forecast of 200,000 Boepd. Generated $130 million of excess cash flow in first quarter, with over $80 million returned to shareholders....
- Fri May 10, 2024 7:07 pm
- Forum: The View from Houston
- Topic: Peak Oil Demand is a lie.
- Replies: 0
- Views: 64
Peak Oil Demand is a lie.
"The message of the growth of the middle class globally often gets lost in the constant blare of climate change and energy transition noise. The fact remains that the world we live in today and the one likely to exist at mid-century, runs on oil. The notion that the world can quickly and painl...
- Fri May 10, 2024 4:16 pm
- Forum: The View from Houston
- Topic: Oil & Gas Prices - May 10
- Replies: 2
- Views: 55
Re: Oil & Gas Prices - May 10
Standard Chartered has predicted that global oil markets will record the biggest stock draws in the first half of 2024 in May and June, implying we have entered a key period for oil fundamentals that will determine whether the market will tighten further or disappoint. StanChart says to watch global...