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 NEXT 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
SER: January 18, 2024 – 3. Energy Market Update Read More »
PREVIOUS INDEX NEXT 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
SER: January 18, 2024 – 4. Company Updates Read More »
PREVIOUS 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
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 »
Q3 2023 Petrus Resources Quarterly report Ticker symbol: PRQ-T View PRQ-T Company Page Financial Highlights PRQ Q3/23 REsults & analysis 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
Black Gold: Q3 2023 – Petrus Resources Read More »
Report Navigation Welcoming Comments 1. Stock Market Overview Very Overbought. 2. Energy Market Update BUY Signal Occurred. 3. Company Updates Action Alert as of December 7. 4. Quarterly Reports Review of the last two Covered Company Q3/23 Results. 5. Insider Trading December 21, 2023. 6. Company Lists Covered Companies & Valuation Analysis. Company Links. 7.
Schachter Energy Report: December 21, 2023 Read More »
Previous Index Next Stock Market Overview Very Overbought. Stock markets have not been synchronized this year as the biggest gains have come from AI, the FAANGs and other tech names. Only in the last few weeks have other stocks gotten some heft as short covering and bottom fishing has gone on. Complacency is widespread and
SER: December 21, 2023 – 1. Stock Market Overview Read More »
Previous Index Next Energy Market Update BUY signal occurred. One of our three key BUY signals for the energy sector is the price of crude. When it gets below breakeven prices, the industry shuts down and halts drilling. We saw that during the pandemic, and we have seen that at other times such as when
SER: December 21, 2023 – 2. Energy Market Update Read More »
