Energy Prospectus

IMO Surge should be getting more credit for using the non-core asset sale proceeds for debt payoff. Using more FCF for stock buybacks should also increase value of this stock. Surge's realized oil prices should be 10% higher in Q2 thanks to lower differentials. 6/30 balance sheet should be in much b...

Note from HFI Research on May 31: "Turning to the demand side, the outlook for the natural gas market looks—dare we say it—bright when producer supply restraint is considered against the backdrop of bullish macro demand factors. While we view the optimistic demand projections related to an AI i...

Asia JKM price is $11.83/MMbtu Europe TTF price is $10.75/MMbtu Since the beginning of this year, China has seen a strong recovery in natural gas demand, benefiting from low spot LNG prices. The country has noticeably increased its monthly LNG imports compared to the same period last year, according...

Highlights from conference call; > Dispositions were high op cost production for 3.5x c/f that hadn't been worked for six years. > $ 52M of FCF after dividends will be split between debt repayment down to terminal debt target of $170M and share buybacks. > Surge is showing discipline with the $0.04/...

Working gas in storage was 2,795 Bcf as of Friday, May 24, 2024, according to EIA estimates. This represents a net increase of 84 Bcf from the previous week. Stocks were 380 Bcf higher than last year at this time and 586 Bcf above the five-year average of 2,209 Bcf. At 2,795 Bcf, total working gas i...

Summary of Weekly Petroleum Data for the week ending May 24, 2024 U.S. crude oil refinery inputs averaged 17.1 million barrels per day during the week ending May 24, 2024, which was 601 thousand barrels per day more than the previous week’s average. Refineries operated at 94.3% of their operable cap...

Dividend increase should draw more attention and more aggressive stock buybacks will increase my per share valuation. CALGARY, AB, May 29, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce a number of recent positive operational and fina...

First Call's current price target for REPX is $48.75.

My valuation is higher.

I believe that RPC Power LLC has potential to add significant upside for REPX. HOUSTON and OKLAHOMA CITY, May 21, 2024 /PRNewswire/ -- Conduit Power, LLC ("Conduit") and Riley Exploration Permian, Inc. ("Riley Permian") today announced that they entered into definitive agreements...

As I point out in the newsletter, Hemisphere and InPlay Oil are both "Growth Companies" that pay nice dividends. IMO they are both grossly under-valued by the market. They are both trading below PV10 NAV of just 1P reserves. All of Western Canadian upstream companies should report strong Q...