WTI Declines US$2/b To US$78/b Due To Worsening China Economic Problems And Further US Bank Downgrades. 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 […]
Eye on Energy: August 23 Read More »
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Black Gold Webinar: August 17, 2023 Read More »
Report Navigation Welcoming Comments 1. Stock Market Overview Narrow Market Rise Should End Soon. 2. Company Updates Updates: PIPE and HWO. Terminating Coverage: TVE. 3. Quarterly Reports Review of 20 Companies’ Q2/23 Results. 4. Company Lists Covered Companies & Valuation Analysis. Company Links. 5. Action Alert Lists Action Alert Performance Reports, & Action Sell Lists.
Schachter Energy Report: August 17, 2023 Read More »
Previous Index Next Stock Market Overview Narrow Market Rise Should End Soon. Reasons for expecting a stock market correction of some magnitude over the next few months are: Disappointing earnings and/or forward guidance as Q2/23 results have come out.The Fed (FOMC) raises interest rates to tighten credit conditions. More commercial real estate problems for banks
SER: August 17, 2023 – 1. Stock Market Overview Read More »
Previous Index Next Company Updates Key Updates on Three Covered Companies Under Review Pipestone Energy (PIPE-T) Pipestone has been on our Action BUY List since December 20, 2018, when we added it to the list at $1.95 per share. The stock closed on August 10th at $2.49, so a gain but not a great one.
SER: August 17, 2023 – 2. Company Updates Read More »
Previous Index Next Quarterly reports This section covers 20 companies on our coverage list reporting their Q2/23 results. Crescent Point Energy (CPG-T) CWC Energy Services (CWC-V) Enbridge (ENB-T) Ensign Energy Services (ESI-T) Essential Energy Services (ESN-T) Gran Tierra Energy (GTE-T) Obsidian Energy (OBE-T) Paramount Resources (POU-T) Pembina Pipeline (PPL-T) Pine Cliff Energy (PNE-T) Precision Drilling
SER: August 17, 2023 – 3. Quarterly Reports Index Read More »
Previous Index Next Coverage list Energy & Energy service companies • price as of August 10, 2023 *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: August 17, 2023 – 4. 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: August 17, 2023 – 5. Action Alert Lists Read More »
Previous Index Next Josef’s Notes Recent action or company discussion We currently hold nine positions and have added to some of our holdings during periods of market weakness.We expect to add to currently owned positions over time, to BUY other ideas on our current Action BUY List and add new positions after we send out
SER: August 17, 2023 – 6. Ownership Disclosure List Read More »
Q2 2023 Crescent Point Energy Quarterly report Ticker symbol: CPG-T View CPG-T Company Page Financial Highlights CPG Q2/23 REsults & analysis Crescent Point is continuing its acquisition strategy in 2023 with a purchase of Montney lands adding 38,000 boe/d at a cost of $1.7B. Between its Kaybob/Duvernay and its addition to its Montney holdings, CPG
Black Gold: Q2 2023 – Crescent Point Energy Read More »
