OPEC Jawbones Crude Futures Bears. WTI Rises By US$3/b In Recent Days Ahead Of Next OPEC Meeting On June 4th. Global Economic, Political & Military Update The US Debt Limit and spending cuts battle to get legislation through the House and Senate and then to President Biden to sign is not making progress. The schedule […]
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Q1 2023 CWC Energy Quarterly report Ticker symbol: CWC-V View CWC-V Company Page Financial Highlights CWC Q1/23 REsults & analysis CWC is a small cap driller with activities in the US and Canada. Its contract drilling fleet has 15 active rigs in the US (after 2022 acquisitions) and seven rigs in Canada. It is Canada’s
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Q1 2023 Crew Energy Quarterly report Ticker symbol: CR-T View CR-T Company Page Financial Highlights CR Q1/23 REsults & analysis Crew is a BC Montney natural gas company with a strong growth focus. Crew’s production fell slightly in Q1/23 to 32,963 boe/d from 33,399 boe/d in Q1/22 as they focused on paying down debt, and
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Q1 2023 Enbridge Quarterly report Ticker symbol: ENB-T View ENB-T Company Page Financial Highlights ENB Q1/23 REsults & analysis Enbridge moves around 30% of the crude oil produced in North America (3.1 Mb/d) and nearly 20% of natural gas consumed in the US. The company has a market cap of $108B. Enbridge sees itself as
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Q1 2023 Ensign Energy Services Quarterly report Ticker symbol: ESI-T View ESI-T Company Page Financial Highlights ESI Q1/23 REsults & analysis Ensign is a large international driller with operations in the US, Canada and Internationally. Its contract drilling fleet has 114 active rigs in Canada, 86 in the US and 32 rigs Internationally. It also
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Q1 2023 Essential Energy Services Quarterly report Ticker symbol: ESN-T View ESN-T Company Page Financial Highlights ESN Q1/23 REsults & analysis Essential is a well-run energy service company, focused on coil-tubing & pumping services and the sale and rental of downhole tools. They have a working capital surplus of $49M or $0.37 per share. Under
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Q1 2023 Gran Tierra Energy Quarterly report Ticker symbol: GTE-T View GTE-T Company Page Financial Highlights GTE Q1/23 REsults & analysis Gran Tierra works in Colombia and Ecuador with a focus on oil production. Production in Q1/23 rose 8% to 31,611 b/d from 29,362 b/d in Q1/22 but was down from 32,595 b/d in Q4/22.
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Q1 2023 Keyera Quarterly report Ticker symbol: KEY-T View KEY-T Company Page Financial Highlights KEY Q1/23 REsults & analysis Keyera processes, transports and markets natural gas and liquids across Alberta. It has three business lines: Gathering and Processing, Liquids Infrastructure and a volatile performing Marketing operation. Overall revenues grew 6% in Q1/23. Revenues and net
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Q1 2023 NuVista Energy Quarterly report Ticker symbol: NVA-T View NVA-T Company Page Financial Highlights NVA Q1/23 REsults & analysis NuVista is focused on the scalable and repeatable liquids rich Montney formation in two core areas (Wapiti and Pipestone). Condensate and liquids make up a high percent of production and revenues. In Q1/23, liquids were
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Q1 2023 Obsidian Energy Quarterly report Ticker symbol: OBE-T View OBE-T Company Page Financial Highlights OBE Q1/23 REsults & analysis Obsidian is an intermediate sized oil producer with three core areas (Cardium, Viking and Peace River all in Alberta). In Q1/23, Obsidian saw production growth of 13% to 33,153 boe/d in the quarter up from
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