Iran And Pakistan Attacks On Each Other Add To Crude War Premium. Global Economic, Political & Military Update The stock and bond markets are struggling as we start 2024. Over the first three weeks of 2024 the stock markets are down and historically this has led to negative performance for the year. If the full […]
Eye on Energy: January 18 Read More »
Report Navigation Welcoming Comments 1. Fearless Forecasts Overall Stock Market & Energy Outlook For 2024. 2. Stock market Overview Overvalued and with Likely Downside. 3. Energy Market Update Crude Oil and Natural Gas. 4. Company Updates Touchstone Exploration, new Coverage: Petrus Resources 5. Company Lists Covered Companies & Valuation Analysis. Company Links. 6. Action Alert
Schachter Energy Report: January 18, 2024 Read More »
PREVIOUS INDEX NEXT Fearless Forecasts Overall Stock Market & Energy Outlook For 2024. There are five major reasons for our cautious view of the general stock markets this year, which also provide support for our bullish thesis of the commodity sector (more details in later sections): 1. ENERGY PRICES WILL RISE Inflation has come down
SER: January 18, 2024 – 1. Fearless Forecasts Read More »
PREVIOUS INDEX NEXT Stock Market Overview Very Overbought. Why do we see stock markets as overvalued and likely to see material downside in 1H/24?Large sector bias has returned with the rise of the ‘Magnificent Seven’ (Apple, Microsoft, Amazon, Alphabet, Nvidia, Meta and TESLA – MG7). The last time we saw this was at the peak
SER: January 18, 2024 – 2. Stock Market Overview Read More »
PREVIOUS INDEX Energy Market Update Crude Oil and Natural Gas. Crude Oil This new commodity super cycle started during the worst of the Covid lockdowns in 2020. Specifically for crude we have seen WTI lift from US$6.50/b in April (negative pricing in the futures market) and so far, has risen to US$130.50/b (in February 2022)
SER: January 18, 2024 – 3. Energy Market Update Read More »
Company Updates New Company coverage and update. Introducing New Coverage Petrus Resources Ltd. (PRQ-T $1.33) In 2023, Petrus focused on paying down debt and building a pipeline infrastructure in their North Ferrier Cardium area so pad drilling (and behind pipe production) could increase production. Production in Q3/23 was 9,880 boe/d from 6,639 boe/d in Q3/22
SER: January 18, 2024 – 4. Company Updates Read More »
INDEX NEXT Coverage list Energy & Energy service companies • price as of January 11, 2024 *Disclosure: Ownership by JIS or immediate family memberNo new positions either Buy or Sell can be undertaken by anyone at SER until 5 days after an Action Alert has been sent out Valuation List Energy & Energy service companies
SER: January 18, 2024 – 5. Coverage & Valuation Lists Read More »
PREVIOUS INDEX NEXT Performance Review You can always find the most recent Action BUY List under reports. Reminder We are long-term value investors, and our intent is on helping individual investors create the best possible energy portfolios now while conditions are volatile. We recommend taking advantage of stocks when they are at low-risk entry points
SER: January 18, 2024 – 6. Action Alert Lists Read More »
PREVIOUS INDEX Josef’s Notes Recent action or company discussion. We currently hold nine positions and continue to add to positions when they are bargains.Of the nine positions we hold, Crew Energy has been the best performer.We expect to add to all owned positions over time, to BUY other ideas on our current Action BUY List,
SER: January 18, 2024 – 7. Ownership Disclosure List Read More »
