Search found 34765 matches
- Tue May 14, 2024 6:20 pm
- Forum: The View from Houston
- Topic: Electrical Demand Opportunities
- Replies: 4
- Views: 108
Re: Electrical Demand Opportunities
I just saw a forecast for natural gas demand. 21 Bcfpd increase in demand by 2030, most of which is for LNG exports. Only 2.5 Bcfpd increase for power generation looks way too low to me. To meet this demand growth, the Haynesville will need to increase supply by over 10 Bcfpd because it is the only ...
- Tue May 14, 2024 3:21 pm
- Forum: Picks and tips from the EP community
- Topic: Black Stone Minerals (BSM) Valuation Update - May 14
- Replies: 0
- Views: 39
Black Stone Minerals (BSM) Valuation Update - May 14
I have updated my forecast/valuation model for BSM. I am lowering my valuation by $0.50 to $17.00. > The MLP's Q1 results actually beat my forecast, but they reduced their quarterly dividend from $0.475/unit to $0.375/unit. > They lowered 2024 production guidance. > Good news is that the balance she...
- Tue May 14, 2024 2:12 pm
- Forum: The View from Houston
- Topic: Oil & Gas Prices - May 14
- Replies: 0
- Views: 27
Oil & Gas Prices - May 14
Trading Economics: > WTI crude futures dropped below $78 per barrel on Tuesday, closing in on their lowest level in one month, as higher-than-expected US producer prices in April, led to concerns about prolonged higher interest rates by the Fed and potential impacts on oil demand. > Adding to woes, ...
- Tue May 14, 2024 2:08 pm
- Forum: Other topics of interest
- Topic: Dan, Please shut off AC
- Replies: 4
- Views: 100
Re: Dan, Please shut off AC
In a state with a massive amount of clean burning natural gas, it is insane that we have invested so much money in unreliable windmills. All ERCOT needed to do was put a few more ngas fired power plants near the large cities. We are just in May and they are crying about electricity demand exceeding ...
- Tue May 14, 2024 2:03 pm
- Forum: Sweet 16 Portfolio
- Topic: Permian Resources (PR) is NOT SELLING more stock - May 14
- Replies: 4
- Views: 187
Re: Permian Resources (PR) is NOT SELLING more stock - May 14
No shares being sold by the Company, so no impact on the per share valuation.
- Tue May 14, 2024 10:08 am
- Forum: The View from Houston
- Topic: OPEC's Monthly Report - May 14
- Replies: 0
- Views: 47
OPEC's Monthly Report - May 14
In its closely-watched Monthly Oil Market Report (MOMR) out today, OPEC maintained its forecast from the April report, which sees global oil demand rising by 2.25 million barrels per day (bpd) this year and by another 1.85 million bpd next year. OPEC estimates that global oil demand rose by 2.4 mill...
- Tue May 14, 2024 9:34 am
- Forum: Sweet 16 Portfolio
- Topic: Permian Resources (PR) is NOT SELLING more stock - May 14
- Replies: 4
- Views: 187
Permian Resources (PR) is NOT SELLING more stock - May 14
Yesterday PR announced that some large shareholders are selling over 51 million shares. PR is not selling any shares.
Public companies are required to announce significant sales like this.
My guess is that the shares being sold are the C-Shares that the VCs got in the merger with Earthstone.
Public companies are required to announce significant sales like this.
My guess is that the shares being sold are the C-Shares that the VCs got in the merger with Earthstone.
- Tue May 14, 2024 9:23 am
- Forum: Picks and tips from the EP community
- Topic: Solaris Oilfield Infrastructure (SOI) Valuation Update - May 14Jan 30
- Replies: 0
- Views: 35
Solaris Oilfield Infrastructure (SOI) Valuation Update - May 14Jan 30
Solaris will be generating a lot of free cash flow this year. Capex spending is down 75% YOY to just $15 million. Based on my forecast, the Company should generate over $70 million of free cash flow this year. I expect them to step up their stock buybacks and raise their dividends, which are current...
- Tue May 14, 2024 8:01 am
- Forum: Picks and tips from the EP community
- Topic: Surge Energy (SGY-TSX) Valuation Update - May 13
- Replies: 2
- Views: 82
Re: Surge Energy (SGY-TSX) Valuation Update - May 13
Note from Stifel dated 5-9-2024 "Surge reported in-line Q1 results, and a strong 230 bbl/d IP rate from the first multi-lateral at Hope Valley since shooting 3D seismic and rejigging the mud system, which bodes well for future locations in the area. Another highlight was a 550 bbl/d IP30 rate F...
- Mon May 13, 2024 6:38 pm
- Forum: Picks and tips from the EP community
- Topic: Kolibri Global Energy (KGEI) Q1 Results - May 13
- Replies: 1
- Views: 54
Re: Kolibri Global Energy (KGEI) Q1 Results - May 13
My updated forecast/valuation model has been posted to the EPG website. My valuation stays at $6.50US per share. < 4.5 X operating cash flow per share. The Company is free cash flow positive and it has lots of low-risk development drilling inventory in Oklahoma. Kolibri's production should be up abo...