Search found 34628 matches
- Thu Apr 18, 2024 10:01 am
- Forum: Picks and tips from the EP community
- Topic: Hemisphere Energy (HMENF) Q4 Results - Apr 18
- Replies: 1
- Views: 77
Hemisphere Energy (HMENF) Q4 Results - Apr 18
2023 Highlights Increased fourth quarter production by 16% to a record of 3,386 boe/d (99% heavy oil), and annual production by 11% to 3,125 boe/d (99% heavy oil), as compared to 2022. < Slightly higher than my forecast of 3,375 Boe per day. Achieved annual revenue of $84.5 million, with adjusted fu...
- Thu Apr 18, 2024 9:46 am
- Forum: The View from Houston
- Topic: EIA Natural Gas Storage Report - Apr 18
- Replies: 0
- Views: 63
EIA Natural Gas Storage Report - Apr 18
Working gas in storage was 2,333 Bcf as of Friday, April 12, 2024, according to EIA estimates. This represents a net increase of 50 Bcf from the previous week. Stocks were 424 Bcf higher than last year at this time and 622 Bcf above the five-year average of 1,711 Bcf. At 2,333 Bcf, total working gas...
- Thu Apr 18, 2024 8:02 am
- Forum: The View from Houston
- Topic: Global Oil Demand Forecast - Apr 17
- Replies: 0
- Views: 51
Global Oil Demand Forecast - Apr 17
Standard Chartered Says Peak Oil Demand Is Not Imminent By Alex Kimani - Apr 17, 2024, 7:00 PM CDT Whereas the short-term oil price outlook appears murky, leading oil agencies remain largely bullish about the long-term outlook. Interestingly, over the medium-and long-term, only the IEA sees global o...
- Wed Apr 17, 2024 7:03 pm
- Forum: The View from Houston
- Topic: New sanctions against Iran
- Replies: 6
- Views: 232
Re: New sanctions against Iran
From Reuters: US to hit Iran with new sanctions in "coming days", Yellen says U.S. Treasury Secretary Janet Yellen on Tuesday warned that the U.S. intends to hit Iran with new sanctions in coming days over its unprecedented attack on Israel, and these actions could seek to reduce Iran's c...
- Wed Apr 17, 2024 6:54 pm
- Forum: The View from Houston
- Topic: Oil Price Forecast - April 17
- Replies: 0
- Views: 35
Oil Price Forecast - April 17
This forecast is from HFI with my comments in blue . --------------------------------------------------- It's that time again. It's that time to make a forecast on the oil market with almost a high degree of confidence in getting it wrong, but hey, you can't fault me for trying. There are a few cent...
- Wed Apr 17, 2024 1:07 pm
- Forum: The View from Houston
- Topic: New sanctions against Iran
- Replies: 6
- Views: 232
Re: New sanctions against Iran
Israeli Prime Minister Benjamin Netanyahu left no doubt in a statement on Wednesday, regarding what his Jewish country might do should current tensions with Iran escalate further. "Israel will do whatever it needs to defend itself," Netanyahu said in a statement. The comment came after sep...
- Wed Apr 17, 2024 1:01 pm
- Forum: The View from Houston
- Topic: New sanctions against Iran
- Replies: 6
- Views: 232
New sanctions against Iran
MY TAKE: Talk is cheap and oil traders don't believe that Team Biden will do anything that might raise gasoline prices this year. ------------------------------------ White House National Security Advisor Jake Sullivan released a statement Tuesday announcing that new sanctions will be placed agains...
- Wed Apr 17, 2024 10:38 am
- Forum: Picks and tips from the EP community
- Topic: Kolibri Global Energy (KGEI) Update - Apr 17
- Replies: 0
- Views: 71
Kolibri Global Energy (KGEI) Update - Apr 17
This is just "noise" caused by the delay in getting their audit completed. When they uplisted to Nasdaq they had to get a new public auditing firm. When a public company switched auditors it creates a lot of up-front work. Kolibri is a rather "simple" company, so it should not t...
- Wed Apr 17, 2024 9:50 am
- Forum: The View from Houston
- Topic: EIA - Weekly Petroleum Report - Apr 17
- Replies: 0
- Views: 64
EIA - Weekly Petroleum Report - Apr 17
Summary of Weekly Petroleum Data for the week ending April 12, 2024 U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending April 12, 2024, which was 131 thousand barrels per day more than the previous week’s average. Refineries operated at 88.1% of their operable...
- Wed Apr 17, 2024 9:39 am
- Forum: Sweet 16 Portfolio
- Topic: APA Corp (APA) Valuation Update - April 9
- Replies: 4
- Views: 387
Re: APA Corp (APA) Valuation Update - April 9
All stock deals do improve the balance sheet ratios. My $50 valuation of APA is based on just 4X annualized operating cash flow. With a strong balance sheet, over 500,000 Boepd of production (~70% liquids) and lots of high-quality "Running Room", APA deserves a much higher valuation multip...