Energy Prospectus

Received today from a partnership I am invested in Texas/Oklahoma. "Partners, we are still waiting on our load to be picked up, which will probably be by wed or at least after the freeze. We are trying to get full for the second load but we will have to shut in the wells wed until at least sat ...

Here is the link https://www.philadelphiafed.org/-/media/frbp/assets/surveys-and-data/benchmark-revisions/early-benchmark-2022-q2-report.pdf#:~:text=Estimates%20by%20the%20Federal%20Reserve%20Bank%20of%20Philadelphia,of%20Labor%20Statistics%E2%80%99%20%28BLS%29%20Current%20Employment%20Statistics%20...

Nice Read here, California won't approve new drilling permits for Oil and Gas. https://www.msn.com/en-us/money/markets/california-s-green-bureaucracy-gets-the-verbal-smackdown-it-deserves/ar-AA12OXoj?ocid=msedgntp&cvid=b21e97f6298344578a6e292f8692011f Finally, people are speaking out. Maybe we w...

Sue the bastards!


MyPillow CEO Mike Lindell announced on Friday that he is planning to sue the FBI after his phone was seized this week, saying that "this will set a precedent."

Transocean has announced $1.4 Billion of new backlog in the last month or so, they still have 12 stacked deepwater rigs that should get booked up over the next year or so.
I have been adding for the last 12 months and see a big upside from their current price as rigs start to get back to work.
Cheers.

Hi Folks, I really don't agree that the West should give in to Putin's aggression. He is a bad, bad Murdering Bastard (check out the Oligarch deaths in the last 6 months) and the more he gets, the more he wants. If we need to, we need to fight this war right now where it is. This is not the time to ...

I listened to FANG's conference call yesterday and they said they are going to temporarily stop their variable dividend to do buybacks. They are anticipating 650 Million in Buybacks in Q-3 as their stock price is too low. They are also paying off the Rattler line and debt, another 700 hundred millio...

I see people outdoors all the time wearing masks with a wind blowing 15-20 miles an hour. I so want to say something to them..... but I just shut my mouth and walk our dogs.
It is quite disconcerting to see how much the Dogma has gotten to people.
Cheers.

Here is how Charles Schwab classified this in a non IRA personal account. Qualified and foreign tax.

06/30/2022
Foreign Tax Paid
HMENF
HEMISPHERE ENERGY CO F
-$1.25
06/30/2022
Qualified Dividend
HMENF
HEMISPHERE ENERGY CO F
$8.35

They did withhold the tax of 15%

Wow what a great series!