Good work. I'm heading home today. Should be back at my desk by 3pm.
Silverbow's results are in line with my forecast. This year's drilling program is focused on increasing oil production.
Search found 34659 matches
- Thu May 02, 2024 8:05 am
- Forum: Sweet 16 Portfolio
- Topic: Analysis of Silverbow Q1 results
- Replies: 2
- Views: 164
- Fri Apr 26, 2024 11:17 am
- Forum: The View from Houston
- Topic: Dan will be out of the office April 27 to May 3
- Replies: 1
- Views: 142
Dan will be out of the office April 27 to May 3
Susan and I are flying to Florida today to go on a cruise that she won last year on a Celebrity cruise ship. This "Free" cruise will cost us about $2,500, but it is a ship (APEX), which we've wanted to go on for years. I will have limited internet access on the ship, so I will check the ma...
- Fri Apr 26, 2024 9:18 am
- Forum: The View from Houston
- Topic: EIA Natural Gas Storage Report - Apr 25
- Replies: 0
- Views: 74
EIA Natural Gas Storage Report - Apr 25
Working gas in storage was 2,425 Bcf as of Friday, April 19, 2024, according to EIA estimates. This represents a net increase of 92 Bcf from the previous week. Stocks were 439 Bcf higher than last year at this time and 655 Bcf above the five-year average of 1,770 Bcf. At 2,425 Bcf, total working gas...
- Thu Apr 25, 2024 3:30 pm
- Forum: Sweet 16 Portfolio
- Topic: EQT Corp. (EQT) Valuation Update - Apr 25
- Replies: 2
- Views: 141
Re: EQT Corp. (EQT) Valuation Update - Apr 25
They are looking at the NYMEX strip prices here: https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.quotes.html#venue=globex After November the strip jumps over $3.50 and all of those companies are extremely profitable at that gas price. Just remember that the NYMEX strip is not a forec...
- Thu Apr 25, 2024 10:58 am
- Forum: Sweet 16 Portfolio
- Topic: EQT Corp. (EQT) Valuation Update - Apr 25
- Replies: 2
- Views: 141
EQT Corp. (EQT) Valuation Update - Apr 25
At the time of this post EQT was trading for $39.76. TipRanks: "In the last 3 months, 18 ranked analysts set 12-month price targets for EQT. The average price target among the analysts is $43.41. The 18 price targets range from $34 to $60 per share." As previously posted, EQT's Q1 results ...
- Thu Apr 25, 2024 8:55 am
- Forum: Sweet 16 Portfolio
- Topic: EQT Corp. (EQT) Q1 Results - Apr 25
- Replies: 1
- Views: 72
Re: EQT Corp. (EQT) Q1 Results - Apr 25
2024 Outlook The Company updated its expectation of 2024 total sales volume to 2,100 – 2,200 Bcfe, which assumes 1 Bcf/d of operated production curtailments through May and embeds future curtailment optionality dependent on market conditions. < Midpoint is 100 Bcfe below previous guidance . The Com...
- Thu Apr 25, 2024 8:51 am
- Forum: Sweet 16 Portfolio
- Topic: EQT Corp. (EQT) Q1 Results - Apr 25
- Replies: 1
- Views: 72
EQT Corp. (EQT) Q1 Results - Apr 25
First Quarter 2024 and Recent Highlights: > Adjusted Net Income of $365 million beat my forecast of $153 million. < due to much higher realized ngas prices than my forecast and lower LOE. Net differential was only -$0.17/mcf compared to my forecast of -$0.50/mcf. Increasing their realized gas price:...
- Wed Apr 24, 2024 8:27 pm
- Forum: The View from Houston
- Topic: Divergence - Nat gas vs. producers
- Replies: 3
- Views: 190
Re: Divergence - Nat gas vs. producers
We have lots of ngas fired power plants that will be running 24/7 when summer heat arrives, which starts next week. This is the same across the Southeast quarter of the country.
- Wed Apr 24, 2024 3:40 pm
- Forum: Sweet 16 Portfolio
- Topic: Antero Resources (AR) Valuation Update - Feb 2
- Replies: 2
- Views: 542
Re: Antero Resources (AR) Valuation Update - Feb 2
The BIG gassers will survive and rise again. The U.S. natural gas market is BIG and VERY IMPORTANT.
- Wed Apr 24, 2024 3:37 pm
- Forum: The View from Houston
- Topic: Divergence - Nat gas vs. producers
- Replies: 3
- Views: 190
Re: Divergence - Nat gas vs. producers
Another thing to keep in mind is that demand for U.S. natural gas, including exports is approximately 105 Bcf per day over the course of a year. The gas price is down today because the front month contract MAY24 expires this week. JUN24, which will be the front month contract next week, closed at $1...