Q3 2023 Trican Well Service Quarterly report Ticker symbol: TCW-T View TCW-T Company Page Financial Highlights TCW Q3/23 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 Q3/23 revenue mix 74% came from fracking, 18% from cementing and 8% from […]
Black Gold: Q3 2023 – Trican Well Service Read More »
Q3 2023 Valeura Energy Quarterly report Ticker symbol: VLE-T View VLE-T Company Page Financial Highlights VLE Q3/23 REsults & analysis In 2022, Valeura made a move to Thailand and made several acquisitions of mature offshore oil fields. In Q3/23 they produced 19,961 b/d, down from 22,097 b/d in Q2/23 as one of their fields Wassana
Black Gold: Q3 2023 – Valeura Energy Read More »
Q3 2023 Yangarra Resources Quarterly report Ticker symbol: YGR-T View YGR-T Company Page Financial Highlights YGR Q3/23 REsults & analysis Yangarra works in the greater Cardium area of Central Alberta. Production in Q3/23 rose 3% from 11,750 boe/d in Q3/22 to 12,109 boe/d. Revenues fell due to the decline from the robust war prices last
Black Gold: Q3 2023 – Yangarra Resources Read More »
WTI Crude Oil Falls US$4/b Or 5% On Wednesday Morning To US$73.85/b On OPEC Disarray And Large Build In US Inventories. Global Economic, Political & Military Update The stock and bond markets continue to have positive momentum heading into the US Thanksgiving holiday season. On the stock side the AI sector continues to be the
Eye on Energy: November 22 Read More »
US Crude And Gasoline Consumption Fall Materially In Latest EIA Report. Expect More Near Term WTI Weakness. Global Economic, Political & Military Update The stock and bond markets rejoiced and prices rose over the last two weeks as muted inflation data gave investors confidence that the end of Fed Funds increases was here. Some bond
Eye on Energy: November 15 Read More »
Report Navigation Welcoming Comments 1. Stock Market overview Market Decline Underway. 2. Energy Market Update Middle East War. 3. Company Updates Canacol Energy (CNE-T). New Action Alert BUY – Southern Energy (SOU-V). 4. Quarterly Reports Review of 7 Companies’ Q3/23 Results. 5. Company Lists Covered Companies & Valuation Analysis. Company Links. 6. Action Alert Lists
Schachter Energy Report: November 9, 2023 Read More »
Previous Index Next Stock Market Overview Market Decline Underway. The current market correction should see the averages fall to below the lows of October 2022. Will that happen during Q4/23 or later is uncertain, but we see lots of reasons for the decline to reach below those levels. Market declines happen in waves of strong
SER: November 9, 2023 – 1. Stock Market Overview Read More »
Previous Index Next Energy Market Update Middle East War. The Saudi holdback of crude supplies lifted crude prices up to US$95.03/b in late September from US$77.59/b in late August (Chart #5). Since then, high crude prices retreated to US$82/b but rose after the savage attack by Hamas against civilian and military targets in southern Israel. Iran’s
SER: November 9, 2023 – 2. Energy Market Update Read More »
Previous Index Next Company Updates Key Updates on Two Covered Companies Update Canacol Energy Ltd. (CNE-T) Canacol announced in mid-October that they were ending their ‘take or pay’ contract with EPM (see the press release below). CNE was scheduled to commence deliveries in December 2024 and add 50% to their production initially to the south
SER: November 9, 2023 – 3. Company Updates Read More »
Previous Index Next Quarterly reports This section covers 7 companies on our coverage list reporting their Q3/23 results. Gran Tierra Energy (GTE-T) Precision Drilling (PD-T) STEP Energy Services (STEP-T) Topaz Energy (TPZ-T) Tourmaline Oil (TOU-T) Vermilion Energy (VET-T) Whitecap Resources (WCP-T) For those wanting more knowledge of companies they own, they can get access to
SER: November 9, 2023 – 4. Quarterly Reports Index Read More »
