Q1 2024 Rubellite Energy Quarterly report Ticker symbol: RBY-T View RBY-T Company Page Financial Highlights RBY Q1/24 Results & analysis Rubellite is focused on the hot Clearwater heavy core area (average API 13 degrees). Production in Q1/24 rose 51% to 4,514 b/d from 2,990 b/d in Q1/23 and above the Q4/23 production level of 4,209 […]
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Q1 2024 Southern Energy Quarterly report Ticker symbol: SOU-V View SOU-V Company Page Financial Highlights SOU Q1/24 Results & analysis Southern is focused on the natural gas basin in Central Mississippi. They have core areas Gwinville (the current main focus for growth with >100 horizontal locations to drill), Mechanicsburg, Williamsburg and Mount Olive. Most of
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Q1 2024 Surge Energy Quarterly report Ticker symbol: SGY-T View SGY-T Company Page Financial Highlights SGY Q1/24 REsults & analysis Surge has refocused the company over the last two years towards two core areas which are now 80% of total production (the Sparky – 11,500 boe/d and SE Saskatchewan – 7,600 boe/d). Production in Q1/24
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Q1 2024 Touchstone Exploration Quarterly report Ticker symbol: TXP-T View TXP-T Company Page Financial Highlights TXP Q1/24 REsults & analysis Touchstone has two of its Ortoire block natural gas discoveries in Trinidad on stream. Production in Q1/24 rose to 7,015 boe/d (5,388 boe/d from the two Cascadura wells on in the quarter) up from 2,139
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Q1 2024 Trican Well Service Quarterly report Ticker symbol: TCW-T View TCW-T Company Page Financial Highlights TCW Q1/24 Results & analysis Trican is Canada’s largest pressure pumper (fracker) with the largest cementing company and a presence in the coil-tubing area. Revenues in Q1/24 came in at $272M versus $297M in Q1/23. Adjusted EBITDA came in
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Q1 2024 Valeura Energy Quarterly report Ticker symbol: VLE-T View VLE-T Company Page Financial Highlights VLE Q1/24 REsults & analysis In 2022, Valeura made a move to Thailand and made several acquisitions of mature offshore oil fields. In Q1/24 they produced 21,882 b/d, up from 20,500 b/d in Q1/23. With new wells onstream this quarter
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Total US Stocks Grew 11.8 Mb Last Week. Lower WTI Prices Ahead. Global Economic, Political & Military Update Economic data in the US so far is not supportive of the Fed lowering their Fed Funds rate. Today’s CPI report was benign coming in at 3.4% for core, so the Fed is likely to continue its
Eye on Energy: June 12 Read More »
WTI Crude Plunges Over US$4/b to US$73.10/b As OPEC Plans To Open The Spigots In Q4/24. Global Economic, Political & Military Update OPEC’s announcement to gradually phase out the 2.2 Mb/d of quota cuts (starting October 1st) was not received well by the markets. In the details an agreement to give the UAE a 300
Eye on Energy: June 05 Read More »
Total US Inventories Grew By 13.2 Mb Last Week. Crude Prices Under Pressure. Global Economic, Political & Military Update Bearish commentary from the Fed meeting notes and repetitive comments by Fed officials that they see no reason to lower interest rates in the near term has spooked markets. There have even been some officials saying
Eye on Energy: May 30 Read More »
Report Navigation Welcoming Comments 1. Quarterly Reports Q1/24 Results For 20 Companies: Canacol Energy (CNE-T), CES Energy Services CEU-T), Enbridge (ENB-T), Ensign Energy Services (ESI-T), Gran Tierra Energy (GTE-T), NuVista Energy (NVA-T), Obsidian Energy (OBE-T), Paramount Resources (POU-T), Pembina Pipeline (PPL-T), Petrus Resources (PRQ-T), Precision Drilling (PD-T), STEP Energy Services (STEP-T), TC Energy (TRP-T), Topaz
Schachter Energy Report: May 30, 2024 Read More »
