Search found 3040 matches

by Fraser921
Tue Apr 27, 2021 5:12 am
Forum: Other topics of interest
Topic: Propane
Replies: 1
Views: 852

Re: Propane

Days of supply is 31.6 days vs 55 last year and inventory is 40.5 m bbls vs 57.4 m bbls last year - 17.2 m

Fill your propane tanks now! :)

https://www.eia.gov/petroleum/weekly/propane.php
by Fraser921
Tue Apr 27, 2021 5:09 am
Forum: Other topics of interest
Topic: Propane
Replies: 1
Views: 852

Propane

AR Antero Resources sells a lot of liquids mostly unhedged

This article deals with the fundamentals with Propane

https://rbnenergy.com/jumpin-jack-flash ... ncertainty
by Fraser921
Mon Apr 26, 2021 3:50 pm
Forum: Other topics of interest
Topic: range resources
Replies: 1
Views: 1004

range resources

https://ir.rangeresources.com/news-rele ... al-results

up 10 percent today strong after hours good for our gassers
by Fraser921
Fri Apr 23, 2021 2:52 pm
Forum: Sweet 16 Portfolio
Topic: Raymond James' take on Antero Resources - April 23
Replies: 1
Views: 716

Re: Raymond James' take on Antero Resources - April 23

On AR

Someone dumped 600 k shares into the close. Was at 9.07 and dropped to 8.98.trying to bounce back, I added on the dip
by Fraser921
Thu Apr 22, 2021 11:02 am
Forum: The View from Houston
Topic: Why is Biden so soft on Iran?
Replies: 2
Views: 790

Re: Why is Biden so soft on Iran?

RBN likes to bring up an old classic song to tie to their opinion. To attempt to answer your question, "Why is Biden so soft on Iran my song choice would be "Insane in the membrane" With all the anti-energy woke bs going on the USA will be begging Opec+ and Iran, please ship us oil. Y...
by Fraser921
Thu Apr 22, 2021 10:53 am
Forum: The View from Houston
Topic: EIA - Natural Gas Storage Report - April 22
Replies: 2
Views: 850

Gassy: earnings RRC

The gassy stocks start to release numbers next week. First up is Range Resources RRC: (RRC) announced today that its first quarter 2021 financial results news release will be issued Monday, April 26 after the close of trading on the New York Stock Exchange. A conference call to review the financial ...
by Fraser921
Thu Apr 22, 2021 10:50 am
Forum: Other topics of interest
Topic: My life was changed by tough coaches
Replies: 2
Views: 1101

kmi

Dan, I like your story and family history. America was land of opportunity not land of hand out. Kinder released their earnings Kinder Morgan, the US natural gas pipeline operator and stakeholder in LNG exports and projects, reported first-quarter net income of $1.40 billion compared was a net loss ...
by Fraser921
Tue Apr 20, 2021 9:52 pm
Forum: Sweet 16 Portfolio
Topic: Earthstone Energy (ESTE) Update - April 20
Replies: 3
Views: 1092

Re: Earthstone Energy (ESTE) Update - April 20

Dan,

IRM had hedges that were underwater by 50 m now with oil at 60 + underwater by 100 m :shock:

Did the acquisition price or NPV 10 account for this hedge loss

Seem like the sellers made a well time disposal
by Fraser921
Tue Apr 20, 2021 9:15 pm
Forum: Sweet 16 Portfolio
Topic: Earthstone Energy (ESTE) Update - April 20
Replies: 3
Views: 1092

Re: Earthstone Energy (ESTE) Update - April 20

At year end, they reported proforma for Irm: On January 7, 2021, Earthstone closed the IRM Acquisition. When adjusting to include the IRM Acquisition, we had an estimated $15.3 million in cash and $260 million, that net debt of 245m. Your post says q1 month end was net 222m, which means they made 23...
by Fraser921
Mon Apr 19, 2021 3:31 pm
Forum: Sweet 16 Portfolio
Topic: ESTE shelf filing + with IRM
Replies: 1
Views: 795

ESTE shelf filing + with IRM

https://www.sec.gov/Archives/edgar/data/10254/000001025421000084/a424b5irm-april192021.htm On January 7, 2021, we closed the acquisition (the “IRM Acquisition”) of certain wholly owned subsidiaries of Independence Resources Holdings, LLC (“Independence”), and Independence Resources Manager, LLC (“In...