Search found 85 matches

by Roadster
Tue Aug 02, 2022 11:38 am
Forum: The View from Houston
Topic: Biden on Twitter
Replies: 1
Views: 587

Biden on Twitter


President Biden
@POTUS
·
2h

United States government official
The current drop in gas prices continues to be the fastest decline in over a decade.

83 cents down and counting since mid-June.
by Roadster
Mon Jul 11, 2022 12:16 pm
Forum: The View from Houston
Topic: Tom Kloza, OPIS global head of energy told Yahoo Finance Liv
Replies: 0
Views: 435

Tom Kloza, OPIS global head of energy told Yahoo Finance Liv

Tom Kloza, OPIS global head of energy tkloza@opisnet.com Gas prices: The ‘biggest factor' is Vladimir Putin, says analyst Comment: What ????????????????? Gas prices have come off their highs, but relief at the pump may be short-lived, says one analyst. “For the moment, we’re going to see the lowest ...
by Roadster
Fri Jul 08, 2022 2:02 pm
Forum: The View from Houston
Topic: SPR Sale to China Hunter Biden
Replies: 3
Views: 482

SPR Sale to China Hunter Biden

Cassandra B.C.
@michaeljburry
·
2m
So Biden sold 950,000 SPR oil barrels to Sinopec, a Chinese oil firm. His son Hunter's PE firm has a $1.7B investment in Sinopec Marketing, a wholly owned subsidiary of Sinopec.

And I have to read the Washington Free Beacon to get the story?
by Roadster
Wed Jul 06, 2022 7:36 am
Forum: Sweet 16 Portfolio
Topic: ESTE Downgraded by RBC
Replies: 1
Views: 542

ESTE Downgraded by RBC

Earthstone Energy downgraded to Sector Perform from Outperform at RBC Capital RBC Capital analyst Scott Hanold downgraded Earthstone Energy to Sector Perform from Outperform with a $21 price target. The rating change is a relative valuation call, Hanold tells investors in a research note. Managemen...
by Roadster
Wed Jun 29, 2022 12:57 pm
Forum: The View from Houston
Topic: Energy stocks getting slammed
Replies: 3
Views: 438

Re: Energy stocks getting slammed

Just amazing the 2022 Oil production numbers: US oil production hits a new pandemic-era high, 12.1 million barrels per day... The U.S. Energy Information Administration (EIA) forecasts that U.S. crude oil production will average 11.9 million barrels per day in 2022 and 12.8 million barrels per day i...
by Roadster
Fri Jun 17, 2022 2:50 pm
Forum: Sweet 16 Portfolio
Topic: Prohibiting Oil Exports
Replies: 2
Views: 667

Prohibiting Oil Exports

What is the total US Oil exports for 2021 and 2022? "Biden allowed 52 million barrels of American oil to be exported to #China in just the first 3 months of this year We are paying $5 a gallon in America but sending 500000 barrels a day to a communist regime Quote Tweet Senator Rubio Press @Se...
by Roadster
Sun May 08, 2022 9:31 pm
Forum: Sweet 16 Portfolio
Topic: Return of Capital
Replies: 1
Views: 908

Return of Capital

Does anyone have a list of E&P cos whose declared "dividends" will actually be treated as a non-taxable return of capital? This could be significant in the future.
by Roadster
Fri Apr 22, 2022 5:21 pm
Forum: Sweet 16 Portfolio
Topic: Earthstone Ownership
Replies: 0
Views: 548

Earthstone Ownership

Per proxy dated on 1/19/22 Encap and Warburg Pincus owned 54,109,442 shares or 61.6% of the then outstanding shares. It must be higher now. Those shares most likely are not for sale. That is an amazing total. Management ownership % is small.