Search found 37318 matches

by dan_s
Tue Jun 17, 2025 2:42 pm
Forum: Picks and tips from the EP community
Topic: Ring Energy (REI) Update - June 17
Replies: 0
Views: 58

Ring Energy (REI) Update - June 17

REI was up over 10% this afternoon on heavy volume. No news except that Ring's revenues are heavily weighted to oil sales.

If oil does get back in my "Right Price" range of $75 to $85, all of our Small-Cap Growth Portfolio companies have the potential to be doubles for us.
by dan_s
Tue Jun 17, 2025 1:24 pm
Forum: The View from Houston
Topic: IEA's Oil Market Report on June 17
Replies: 0
Views: 101

IEA's Oil Market Report on June 17

Summary with my comments in blue World oil demand is forecast to increase by 720 kb/d in 2025. This is marginally below last month’s estimate, as weak 2Q25 deliveries in the United States and China undercut resilience elsewhere. Growth in 2026, at 740 kb/d, will be held back by a challenging economi...
by dan_s
Tue Jun 17, 2025 1:00 pm
Forum: The View from Houston
Topic: BIg crude oil storage draw forecast for week ending 6/13
Replies: 0
Views: 61

BIg crude oil storage draw forecast for week ending 6/13

HFI Research: > For the week ending June 13, we have a crude draw of 6.21 million bbls. This is a much larger draw compared to the -2.633 million bbls for the 5-year average. > With refinery throughput at ~17 million b/d and an early start to the crude draw season, the current trajectory is unsustai...
by dan_s
Tue Jun 17, 2025 12:53 pm
Forum: Monthly Webinars and Luncheons
Topic: Contact info for King Operating Company
Replies: 1
Views: 73

Contact info for King Operating Company

If you'd like more information about the KOP3 drilling program discussed by Jay Young on our June 17th webinar, you should contact Laura Black. She can also forward any questions you have for Jay to him or others at the company that can answer them for you. Laura Black Director of Marketing King Ope...
by dan_s
Tue Jun 17, 2025 10:32 am
Forum: The View from Houston
Topic: Keith Kohl's take on Global Oil Market - June 17
Replies: 0
Views: 89

Keith Kohl's take on Global Oil Market - June 17

What the Media Is Getting Wrong With The Iran-Israel Conflict Keith Kohl If the road to hell is paved with good intentions, then the road to $100 oil is paved with drone strikes, tanker threats, and geopolitical pissing matches. The latest geopolitical chaos over the weekend and subsequent surge in ...
by dan_s
Tue Jun 17, 2025 10:07 am
Forum: Picks and tips from the EP community
Topic: Surge Energy (SGY.TO) Updates - June 17
Replies: 0
Views: 75

Surge Energy (SGY.TO) Updates - June 17

Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on July 15, 2025, in respect of June 2025 production, for the shareholders of record on June 30, 2025, will be $0.043333 per share. < Surge pays monthly dividends, so annualized yield...
by dan_s
Tue Jun 17, 2025 9:55 am
Forum: The View from Houston
Topic: Natural Gas prices in Asia and Europe will be going up
Replies: 1
Views: 100

Re: Natural Gas prices in Asia and Europe will be going up

Israel’s Energy Ministry ordered Chevron to shut down the Leviathan gas field amid heightened regional threats following strikes on Iran. Egypt, reliant on Israeli gas during peak demand, now faces a supply crunch and may turn to costly emergency LNG imports. The disruption has raised global alarm, ...
by dan_s
Tue Jun 17, 2025 8:18 am
Forum: The View from Houston
Topic: Crude Oil Prices - June 17
Replies: 0
Views: 60

Crude Oil Prices - June 17

On today's webinar I will show why the "Right Price" for WTI oil after the FEAR of the Trade War fades is within the range of $75 to $85 per barrel. Trading Economics: WTI crude oil futures rose more than 1% to around $72.77 per barrel on Tuesday morning as Israel vowed more strikes on Ira...
by dan_s
Tue Jun 17, 2025 8:07 am
Forum: The View from Houston
Topic: Natural Gas Prices - June 17
Replies: 0
Views: 66

Natural Gas Prices - June 17

The JUL25 NYMEX contract was trading at $3.79 when this was posted. EBS Analytics: Building Mid-Atlantic Heat Wave Elevates NYMEX Forward Curve The July natural gas contract soared 25.6¢ (+7%) since Thursday as heat began to emerge for Week 2. While DTN noted stronger gains yesterday, other meteorol...
by dan_s
Tue Jun 17, 2025 8:02 am
Forum: The View from Houston
Topic: Tanker Fire near Strait of Hormuz - June 17
Replies: 0
Views: 68

Tanker Fire near Strait of Hormuz - June 17

In the early morning hours of Tuesday, crude oil tankers Adalynn and Front Eagle collided in the Gulf of Oman, about 24 nautical miles east of Khor Fakkan in the United Arab Emirates, just outside the critical Strait of Hormuz chokepoint. The maritime incident occurred amid ongoing regional instabil...
by dan_s
Tue Jun 17, 2025 7:44 am
Forum: Sweet 16 Portfolio
Topic: Permian Resources (PR) Update - June 16
Replies: 0
Views: 152

Permian Resources (PR) Update - June 16

PR announced the closing of its previously announced acquisition of certain leasehold and royalty interests located in Eddy and Lea Counties, New Mexico from APA Corporation (Nasdaq: APA) on June 16. Adds ~12,000 Boepd with ~45% crude oil. Also adds over 100 HZ drilling locations. Closed deal a few ...
by dan_s
Mon Jun 16, 2025 3:15 pm
Forum: The View from Houston
Topic: Oil Price forecast by Rystad Energy - June 16
Replies: 1
Views: 106

Re: Oil Price forecast by Rystad Energy - June 16

The Organization of the Petroleum Exporting Countries (OPEC) produced less crude oil in May than its laid out plans. According to the data published by OPEC, the cartel increased its production output by 154,000 barrels a day, despite announcing plans to improve it by 411,000 barrels during the mont...
by dan_s
Mon Jun 16, 2025 3:11 pm
Forum: The View from Houston
Topic: Oil Price forecast by Rystad Energy - June 16
Replies: 1
Views: 106

Oil Price forecast by Rystad Energy - June 16

Oil prices are likely to remain capped below $80 per barrel despite the escalating Israel-Iran conflict, research firm Rystad Energy said on Monday, as Iran and Israel continue to trade strikes with the escalation now in its fourth day. “Based on our earlier disruption simulations, we see oil prices...
by dan_s
Mon Jun 16, 2025 2:04 pm
Forum: The View from Houston
Topic: Natural Gas prices in Asia and Europe will be going up
Replies: 1
Views: 100

Natural Gas prices in Asia and Europe will be going up

Note from Keith Kohl this afternoon. In the midst of intense Israeli airstrikes targeting Iran’s nuclear and military infrastructure, Tehran has signaled a willingness to de-escalate the conflict. There is, however, one key condition: That the United States refrain from joining Israel’s offensive. T...
by dan_s
Mon Jun 16, 2025 1:23 pm
Forum: The View from Houston
Topic: Global Oil Market - June 16 AM
Replies: 3
Views: 109

Re: Global Oil Market - June 16 AM

Oil price volatility today: > We can expect the paper traders to react to each news headline. > No one really knows where the oil price will end up, but until there is a clear and final end to this "conflict" a "geopolitical premium" should remain no the price of oil. Unless Isra...
by dan_s
Mon Jun 16, 2025 12:09 pm
Forum: The View from Houston
Topic: Update on Israel / Iran War - June 16
Replies: 0
Views: 70

Update on Israel / Iran War - June 16

With Israel claiming air superiority over Iran's capital city of Tehran, Iran is reportedly sending urgent signals to Israel, U.S. Arab allies, and European officials it wants a ceasefire and a return to diplomacy. Israel has claimed its ability to fly planes unabated over Tehran on Monday, though, ...
by dan_s
Mon Jun 16, 2025 11:50 am
Forum: The View from Houston
Topic: Canadian Upstream Companies
Replies: 1
Views: 78

Re: Canadian Upstream Companies

If you are a non-member that would like to read my updated profile on ROK Resources, send me an email: dmsteffens@comcast.net
by dan_s
Mon Jun 16, 2025 11:46 am
Forum: The View from Houston
Topic: Canadian Upstream Companies
Replies: 1
Views: 78

Canadian Upstream Companies

At our Houston luncheon on Thursday, June 20th, which is being hosted by ROK Resources, both Bryden Wright, President & CEO and Jared Lukomski, SVP of Business Development will both be speaking. They are going to cover the impact (or lack thereof) of tariffs on exports of oil, natural gas, steel...
by dan_s
Mon Jun 16, 2025 9:21 am
Forum: The View from Houston
Topic: U.S. Natural Gas Market Update - June 16
Replies: 2
Views: 83

Re: U.S. Natural Gas Market Update - June 16

Friday's CFTC Commitments of Traders report indicated speculators continue to build up natural gas positions en masse, although a 30,000-contract increase in longs was more than fully offset by 38,000-contract increase in shorts. Total speculator positioning rose by 90,000 contracts in the two weeks...
by dan_s
Mon Jun 16, 2025 8:35 am
Forum: The View from Houston
Topic: Global Oil Market - June 16 AM
Replies: 3
Views: 109

Global Oil Market - June 16 AM

Note from HFI Research this morning Geopolitical tensions between Israel and Iran are at an all-time high, but I come bearing advice for those of you who want to stay sane amidst the chaos in the oil market: > Avoid listening to geopolitical experts. > Avoid listening to those who say Iran will clos...
by dan_s
Mon Jun 16, 2025 8:20 am
Forum: The View from Houston
Topic: U.S. Natural Gas Market Update - June 16
Replies: 2
Views: 83

Re: U.S. Natural Gas Market Update - June 16

From June 10 EIA Short Term Energy Outlook Electricity demand. We have increased our forecast for retail electricity sales to better reflect projected demand growth, especially in the Electricity Reliability Council of Texas (ERCOT) and PJM independent system operators. The revisions are most notabl...
by dan_s
Mon Jun 16, 2025 8:11 am
Forum: The View from Houston
Topic: U.S. Natural Gas Market Update - June 16
Replies: 2
Views: 83

U.S. Natural Gas Market Update - June 16

EBW Analytics Group Building Summer Heat Guides Natural Gas Rebound The July natural gas contract rose to $3.760 last night as traders reacted to a sustained push higher in early-summer cooling demand. Week 2 jumped 8 CDDs to 85 CDDs, with power burns to rise 4 Bcf/d from last week into the first of...
by dan_s
Sun Jun 15, 2025 6:04 pm
Forum: Other topics of interest
Topic: U.S. trade with Mexico is HUGE
Replies: 0
Views: 94

U.S. trade with Mexico is HUGE

Watch this see how important the Houston Ship Channel is: https://www.youtube.com/watch?app=desktop&v=Ki3lvz9otVQ
by dan_s
Sun Jun 15, 2025 2:18 pm
Forum: The View from Houston
Topic: Iran on June 15
Replies: 1
Views: 115

Re: Iran on June 15

As tensions escalate between Israel and Iran, oils futures are reacting. Israel’s latest air-strikes on Iranian targets sent Brent crude soaring 13% intraday and still closing 7% higher at $74.23/bbl. Futures traders fear any tit-for-tat escalation could squeeze the roughly 1.6 million barrels a day...
by dan_s
Sun Jun 15, 2025 2:05 pm
Forum: The View from Houston
Topic: Iran on June 15
Replies: 1
Views: 115

Iran on June 15

By Michael Kern - Jun 15, 2025, 8:40 AM CDT Israel launched a series of airstrikes on Iran's critical energy infrastructure, targeting major fuel depots and oil refineries in Tehran. The attacks have significantly escalated the conflict between Israel and Iran, leading to global oil price surges and...
by dan_s
Sun Jun 15, 2025 1:24 pm
Forum: The View from Houston
Topic: Israel bombs Iran Refinery - June 14
Replies: 1
Views: 143

Re: Israel bombs Iran Refinery - June 14

June 15: Iranian lawmaker and military general Esmail Kosari said Tehran is reviewing whether to close the Strait of Hormuz - a critical oil route for the global economy. Meanwhile, Iranian state media said the country had warned it would target military bases in the region that assist in intercepti...
by dan_s
Sun Jun 15, 2025 8:51 am
Forum: Picks and tips from the EP community
Topic: ROK Resources (ROK.V and ROKRF) Update - June 15
Replies: 0
Views: 96

ROK Resources (ROK.V and ROKRF) Update - June 15

I just posted my updated profile on ROK Resources (ROK.V and ROKRF) to the EPG website. In early 2025 ROK focused on cleaning up the balance sheet and building up their cash balance before starting their 2025 drilling program. > Q1 2025 free cash flow all went to paying down their existing line of c...
by dan_s
Sat Jun 14, 2025 5:56 pm
Forum: The View from Houston
Topic: Israel bombs Iran Refinery - June 14
Replies: 1
Views: 143

Israel bombs Iran Refinery - June 14

A fire broke out at Kangan Port in Iran’s Bushehr province following an Israeli drone strike targeting on onshore refinery at Phase 14 of the South Pars gas field in the Persian Gulf on Saturday. It was the first attack by Israel specifically targeting Iran's critical energy sector. The strike cause...
by dan_s
Sat Jun 14, 2025 11:43 am
Forum: Picks and tips from the EP community
Topic: Viper Energy (VNOM) Update - June 14
Replies: 0
Views: 99

Viper Energy (VNOM) Update - June 14

VNOM closed at $42.52 on June 13. Of the four minerals companies in our High Yield Income Portfolio it is my Top Pick for growth. < Viper's production will be going from 57,378 Boepd in Q1 2025 to over 130,000 by year end 2025. Viper is a C-Corp., so a good choice for an IRA account. Since Viper ann...
by dan_s
Sat Jun 14, 2025 10:53 am
Forum: Sweet 16 Portfolio
Topic: Sweet 16 Update - June 14
Replies: 5
Views: 281

Re: Sweet 16 Update - June 14

On Newsmax this morning: The Middle East situation is "going to get rough" and "we're going to see the Iranians out of desperation throw everything they can," at Israel, retired Air Force Brig. Gen. Blaine Holt said on Newsmax, Friday. "They'll try to probably close the Stra...
by dan_s
Sat Jun 14, 2025 10:34 am
Forum: Sweet 16 Portfolio
Topic: Sweet 16 Update - June 14
Replies: 5
Views: 281

Re: Sweet 16 Update - June 14

I took a hard look at the at Crescent Energy (CRGY) this morning. Crescent Energy is a "Growth by Acquisitions" company, which is out-of-favor by most of the Wall Street Gang these days because their first assumption is that the Company paid too much for the acquired assets. Q2 2025 will b...
by dan_s
Sat Jun 14, 2025 8:48 am
Forum: Sweet 16 Portfolio
Topic: Sweet 16 Update - June 14
Replies: 5
Views: 281

Re: Sweet 16 Update - June 14

Watch this video: https://www.msn.com/en-us/news/world/us-ready-to-do-more-amid-israel-iran-conflict-wesley-clark/ar-AA1GGtPW

If the real goal is regime change in Iran, this conflict will go on for months.
by dan_s
Sat Jun 14, 2025 8:47 am
Forum: Sweet 16 Portfolio
Topic: Sweet 16 Update - June 14
Replies: 5
Views: 281

Re: Sweet 16 Update - June 14

At this point, there is no way to know where oil prices will be next week or next month. For example CNBC reported that: JPMorgan analysts are convinced that escalating geopolitical tensions in the Middle East won’t have a lasting impact on oil prices in the second half of 2025. In a note to clients...
by dan_s
Sat Jun 14, 2025 8:23 am
Forum: Sweet 16 Portfolio
Topic: Sweet 16 Update - June 14
Replies: 5
Views: 281

Sweet 16 Update - June 14

For the week ending June 13 the Sweet 16 gained 6.72% and is now down just 2.32% YTD, not counting dividends or the gain realized on VRN. For the week the S&P 500 Index lost 0.50% and is now up 1.62% YTD. WTI oil price increased 7.26% on Friday to close at $72.98/bbl due to Israel's attack on Ir...
by dan_s
Fri Jun 13, 2025 5:58 pm
Forum: The View from Houston
Topic: Oil and Gas prices at the close - June 13
Replies: 0
Views: 136

Oil and Gas prices at the close - June 13

Trading Economics WTI crude oil futures jumped 7.55% to settle just at $73.18 per barrel on Friday, paring some gains after hitting their highest level since February amid escalating tensions in the Middle East. > The surge followed an Israeli strike on Iran, which vowed retaliation, heightening fea...
by dan_s
Fri Jun 13, 2025 5:35 pm
Forum: Sweet 16 Portfolio
Topic: Sweet 16 Update - June 13
Replies: 1
Views: 179

Re: Sweet 16 Update - June 13

Civitas Resources (CIVI) closed today at less than 50% of book value. If WTI oil stays over $70/bbl, it makes CIVI a "Screaming Buy" up to $42, which was First Call's price target last week. Crescent Energy (CRGY) and SM Energy (SM) also closed today below book value. Both of them are Str...
by dan_s
Fri Jun 13, 2025 3:03 pm
Forum: Picks and tips from the EP community
Topic: Small-Caps that have the most exposure to oil price
Replies: 0
Views: 165

Small-Caps that have the most exposure to oil price

Kolibri (KGEI) production mix is ~73% crude oil and all of its oil hedges are collars. Most of the collars have ceilings in the $80s. Plus it does get good prices for its gas. Big well announcements coming out soon. Baytex (BTE) production mix is ~70% crude oil and it is getting good prices for its ...
by dan_s
Fri Jun 13, 2025 2:38 pm
Forum: The View from Houston
Topic: Oil Price moving up into the close is a good sign
Replies: 0
Views: 85

Oil Price moving up into the close is a good sign

At 3:30 ET WTI is now up over 8%. Two hours ago it was up 6%. I think the Wall Street Gang is coming around to the fact that the airstrikes against Iran are far from over. Plus, Israel did say that if Iran attacks their population centers, Israel might take out some of their oil export capacity. The...
by dan_s
Fri Jun 13, 2025 2:25 pm
Forum: The View from Houston
Topic: Israel's attacks on Iran will continue - June 13
Replies: 4
Views: 150

Re: Israel's attacks on Iran will continue - June 13

Netanyahu calling on the Iranian people to rise up and get rid of the Supreme Leader. If they do, Iran can become one of the most successful and prosperous countries on Earth.
by dan_s
Fri Jun 13, 2025 2:18 pm
Forum: The View from Houston
Topic: Sales of LNG will help balance U.S. Trade Imbalance
Replies: 0
Views: 107

Sales of LNG will help balance U.S. Trade Imbalance

Interior Department Announces $200 Billion LNG Supply Agreements With Japan U.S. companies have finalized sales agreements with Japanese power generation giant JERA Co. Inc. for it to purchase up to 5.5 million tons per year of American liquefied natural gas (LNG), the Department of the Interior (DO...
by dan_s
Fri Jun 13, 2025 12:36 pm
Forum: Picks and tips from the EP community
Topic: Hemisphere Energy (HMENF) Valuation Update - June 13
Replies: 2
Views: 127

Re: Hemisphere Energy (HMENF) Valuation Update - June 13

I agree that Marsden can be much bigger than Atlee Buffalo. At this point there is still a chance that it won't be successful, but based on my conversation with Don Simmons, he believes that it will be successful. I know that his team did a lot of geological work before they acquired the acreage. Th...
by dan_s
Fri Jun 13, 2025 11:00 am
Forum: The View from Houston
Topic: Webinar on June 17: Oil Market Update
Replies: 0
Views: 64

Webinar on June 17: Oil Market Update

Looks like we are going to have over 200 on the live webinar on Tuesday, June 17.

All we needed was Israel to bomb Iran and now everyone is interest in oil & gas stocks again!
by dan_s
Fri Jun 13, 2025 10:36 am
Forum: Other topics of interest
Topic: Two men decided to drill a gas well in the backyard
Replies: 0
Views: 102

Two men decided to drill a gas well in the backyard

This happened a few miles from my home SW of Houston. HOUSTON, Texas – A Sugar Land, TX man and his neighbour are in police custody after the duo drilled an unauthorized gas well in the backyard of one of the men in search of a fuel source for their extraordinarily large homemade backyard grill. Del...
by dan_s
Fri Jun 13, 2025 10:17 am
Forum: Picks and tips from the EP community
Topic: Hemisphere Energy (HMENF) Valuation Update - June 13
Replies: 2
Views: 127

Hemisphere Energy (HMENF) Valuation Update - June 13

Hemisphere is the most heavily weighted to the price of oil, out of all the upstream companies that I follow. It is a pure play on Canadian Heavy Oil and none of the Company's oil is subject to U.S. tariffs. At the time of this post HMENF was trading at $1.44US. If WTI oil averages $70US/bbl in Q2 a...
by dan_s
Fri Jun 13, 2025 10:06 am
Forum: The View from Houston
Topic: Israel's attacks on Iran will continue - June 13
Replies: 4
Views: 150

Re: Israel's attacks on Iran will continue - June 13

At least 20 senior Iranian commanders including the head of the revolutionary guards, Aerospace Force Commander Amir Ali Hajizadeh, were killed in Israel's strikes on Iran on Friday, two regional sources told Reuters.
by dan_s
Fri Jun 13, 2025 10:03 am
Forum: The View from Houston
Topic: Israel's attacks on Iran will continue - June 13
Replies: 4
Views: 150

Re: Israel's attacks on Iran will continue - June 13

Iran no longer plans to engage in nuclear talks with the U.S. that were scheduled to take place in Oman on Sunday, Iranian leaders announced Friday after Israel launched deadly airstrikes it said targeted Tehran’s nuclear facilities and military sites. Oman News Agency and Iranian state media report...
by dan_s
Fri Jun 13, 2025 9:42 am
Forum: Sweet 16 Portfolio
Topic: Sweet 16 Update - June 13
Replies: 1
Views: 179

Sweet 16 Update - June 13

You may recall that two months ago Trump gave Iran's Supreme Leader 60 days to agree to end all nuclear enrichment. Today is Day 61. ------------------------------- Most of the Sweet 16 and our other model portfolio companies are up this morning, but not as much as I expected. Overall market weaknes...
by dan_s
Fri Jun 13, 2025 9:17 am
Forum: The View from Houston
Topic: Israel's attacks on Iran will continue - June 13
Replies: 4
Views: 150

Israel's attacks on Iran will continue - June 13

This is not a "One and Done" military strike. Looks like Israel is going to make sure Iran's nuclear enrichment capabilities are eliminated. If so, they are doing the world a favor. --------------------- Associated Press: Israel has launched a second wave of airstrikes targeting Iranian ci...
by dan_s
Fri Jun 13, 2025 9:00 am
Forum: The View from Houston
Topic: Oil Price Spike - June 13
Replies: 4
Views: 153

Re: Oil Price Spike - June 13

Retired Air Force Brig. Gen. Blaine Holt told Newsmax on Thursday that the strikes in Tehran tell him that Israel might be going for a "decapitation strike" on Iran and its leaders. Holt also asserted that the countries are now "in a state of war." Holt joined "Finnerty"...
by dan_s
Fri Jun 13, 2025 7:31 am
Forum: The View from Houston
Topic: Natural Gas Price - June 13
Replies: 0
Views: 88

Natural Gas Price - June 13

Trading Economics: US natural gas futures edged above $3.50 per MMBtu, tracking broader gains across energy markets amid escalating tensions in the Middle East. However, the increase was more muted compared to the sharp moves seen in oil and other gas benchmarks. The geopolitical spike followed Isra...