Q2 2023 Tourmaline Oil Quarterly report Ticker symbol: TOU-T View TOU-T Company Page Financial Highlights TOU Q2/23 REsults & analysis Tourmaline Oil is Canada’s largest and premier liquids rich natural gas producer with 4.5 Bboe, 75 years of drilling inventory and 24 years of proven and probable reserves. Revenues in Q2/23 fell 32% to $1.44B, […]
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Q2 2023 Trican Well Service Quarterly report Ticker symbol: TCW-T View TCW-T Company Page Financial Highlights TCW Q2/23 REsults & analysis Trican is Canada’s largest pressure pumper (fracker) with the largest cementing company and a presence in the coil-tubing area. Of the Q2/23 revenue mix 68% came from fracking, 23% from cementing and 8% from
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Q2 2023 Vermilion Energy Quarterly report Ticker symbol: VET-T View VET-T Company Page Financial Highlights VET Q2/23 REsults & analysis Vermilion has been around for over 25 years and has an approach to own assets in Canada and around the world. It was especially rewarded by shareholders for its natural gas assets in Europe when
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Q2 2023 Whitecap Resources Quarterly report Ticker symbol: WCP-T View WCP-T Company Page Financial Highlights WCP Q2/23 REsults & analysis Whitecap has grown rapidly over the last decade from under 30,000 boe/d to 147,166 boe/d via internal growth and quite a few acquisitions and some divestitures to pay for the purchases. Its largest was made
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Q2 2023 Yangarra Resources Quarterly report Ticker symbol: YGR-T View YGR-T Company Page Financial Highlights YGR Q2/23 REsults & analysis Yangarra works in the greater Cardium area of Central Alberta. Production in Q2/23 rose 15% from 10,554 boe/d in Q2/22 to 12,103 boe/d. This was below Q1/23 production as wet weather and the fires impacted
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China’s Worsening Economic Picture Drags Down Crude Prices US$4/b Over The Last Week. Global Economic, Political & Military Update Some of the positive and negative issues facing the US and other major economies are: For the US: The US banking system is still fragile as regulatory capital increases (effective October 1st) mean less ability for
Eye on Energy: August 16 Read More »
Focus On Saudi and Russian Production Cuts Have Lifted Prices Up US$17/b Over The Last Six Weeks. Going Forward Weaker Fall Demand May Reverse Much Of This Upside. Global Economic, Political & Military Update The fiscal situation in the US is getting worse and the moves by the Federal Reserve to restrain inflation pressures and
Eye on Energy: August 9 Read More »
Energy Bulls Are Focused On Big (>1.0 Mb/d) Cuts From OPEC+ In July. If This Did Not Occur Than Prices Are Likely To Head Down For A While. Global Economic, Political & Military Update The battle between fiscal and monetary policy hawks continues. Elected officials around the world don’t want to balance budgets and see
Eye on Energy: August 2 Read More »
Report Navigation Welcoming Comments 1. Stock Market Overview Narrow Market Rise Should End Soon. 2. Energy Market Update OPEC Increases Productionin June – Not the Big Cut Expected. 3. Company Lists Covered Companies & Valuation Analysis. Company Links. 4. Action Alert Lists Action Alert Performance Reports, & Action Sell Lists. 5. Disclosure List SERSI &
Schachter Energy Report: July 27, 2023 Read More »
Previous Index Next Stock Market Overview Narrow Market Rise Should End Soon. Greed is running rampant in the stock markets.Since early March, the S&P 500 is up over 20% (from 3,809 to 4,578) on the back of a wild move to the upside in AI focused tech firms. Just one example, Nvidia (NVDA) has risen
SER: July 27, 2023 – 1. Stock Market Overview Read More »
