Previous Index Next Energy Market Update WTI Crude Plunges As US Consumption Declines. Crude oil has had a great run on the Saudi extension of cuts to the end of 2023, but the run up of US$28/b from last June had gotten excessive. We noted last month that WTI crude was overbought (Chart #4). We noted […]
SER: October 13, 2023 – 2. Energy Market Update Read More »
Previous Index Next Coverage list Energy & Energy service companies • price as of October 5, 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: October 13, 2023 – 3. 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: October 13, 2023 – 4. Action Alert Lists Read More »
Previous Index Next Josef’s Notes Recent action or company discussion We now hold seven positions as we harvested two of our holdings that are being taken over. We sold out fully our positions in CWC Energy Services and that of Pipestone Energy. We took some profits in Trican after its very strong performance in the
SER: October 13, 2023 – 5. Ownership Disclosure List Read More »
US Production Reaches 13.2 Mb/d And Commercial Inventories Rise 10.2 Mb On The Week. WTI Crude Prices Vulnerable To Below US$80/b. Global Economic, Political & Military Update The eyes of the world are focused on the Middle East after the massive terrorist attack and invasion by Hamas in southern Israel. This surprise attack by air,
Eye on Energy: October 12 Read More »
Stock Market Plunge Drags WTI Down Nearly US$10/b Over The Last Week. More Decline Likely For Markets And Crude Into End Of October. Global Economic, Political & Military Update The US Stock market is in a material correction with the Dow down over 2,700 points since the early August high of 35,700, now at 32,940,
Eye on Energy: October 4 Read More »
Stock Market Correction Likely To Reverse Recent Crude Rally. High Beta Investments Getting Hit The Hardest. Global Economic, Political & Military Update The US Stock market is in a material correction with the Dow down over 2,200 points since the early August high of 35,700, now at 33,449. The NASDAQ is down over 1,400 points
Eye on Energy: September 27 Read More »
Report Navigation Welcoming Comments 1. Stock Market Overview Market at Tipping Point. 2. Energy Market Update Crude Overpriced. 3. Company Updates Essential Energy Services, and Touchstone Exploration. 4. Company Lists Covered Companies & Valuation Analysis. Company Links. 5. Action Alert Lists Action Alert Performance Reports, & Action Sell Lists. 6. Disclosure List SERSI & Family/Staff
Schachter Energy Report: September 21, 2023 Read More »
Previous Index Next Stock Market Overview market at Tipping Point. The major US market averages are at the tipping point from a bull phase to a corrective market decline phase. Overall, we should see (from market top to the bottom liquidation phase) a 20% decline. The more speculative NASDAQ may fall over 25% (Chart #1).
SER: September 21, 2023 – 1. Stock Market Overview Read More »
Previous Index Next Energy Market Update Crude Overpriced. US crude production last week was at 12.9 Mb/d, up 800 Kb/d from the prior year. Putting this in context, production is up from the Covid period of 9.7 Mb/d and the peak in early 2020 of 13.2 Mb/d (Chart #7). The shale revolution is the key
SER: September 21, 2023 – 2. Energy Market Update Read More »
