July 13, 2023
…For DEN (N/R) Executives. A quick peak at the change of control provisions per the most recent proxy (Denbury 2023 Proxy Statement; see page 57, or 64 in the pdf) reveals the following payouts: 1)…
July 13, 2023
We ran a quick bottoms up analysis (Three-Stream for 1) Oil; 2) Nat Gas; and 3) NGLs) based on consensus production forecasts for publicly traded domestic Independent E&P companies. Our analysis comes on the heels…
July 12, 2023
The Schneider Capital Group is excited to host the Third ‘Legends of Energy Dinner’ event in Houston, TX on Thursday, August 17th, featuring Latham & Watkins’ Tim Fenn. We look forward to an interactive discussion…
July 11, 2023
Please send me an e-mail ASAP for the zoom link if you’d like to join Details: Tuesday July 11th | 11AM ET NPWR started trading on the NYSE on June 9th, so we believe this will be…
July 11, 2023
Can you name the movie from the title quote Our Take: LNG pushes to the fore once again with the most recent transaction in the space: Warren Buffett’s Berkshire Hathaway purchases D’s (N/R) remaining 50% stake…
July 10, 2023
***Please join us tomorrow for an exclusive virtual fireside chat with senior management of Net Power (NPWR). You can find the NPWR ‘w/w SOL change; ‘w/w Borrow change;’ and ‘absolute SOL utilization’ in the Renewables…
July 8, 2023
We cheekily poke fun at one of our old sales counterparts who was always quick to tell folks ‘well, you can’t eat ‘relative…’ when it comes to stock returns, implying that only absolute returns matter. …
July 7, 2023
We received a lot of inquiries on this so we are sharing our base case analysis (50/50 of FCF to share repurchases and debt reduction) and some iterations thereof. Details below. This is on the…
July 6, 2023
…An Interactive Discussion w/ Danny Rice (CEO) and Akash Patel (CFO) of NetPower (NYSE: NPWR) Details: Tuesday, July 11th | 11AM ET Format: Virtual Registration: Click this link to submit interest NPWR started trading on the NYSE on…
July 6, 2023
We published our initial thoughts on XOM’s Q2’23 earnings considerations update yesterday: XOM 8-K Implies Nat Gas & Refining Margin Headwinds for Q2; +ve Chemicals. Based on some ongoing dialogues we believe: Buy-Side was ahead…
July 5, 2023
Link to document: XOM 8-K July 5th Q2’23 Earnings Details: Release at 6:30AM ET on Friday, July 28th 2023 on www.exxonmobil.com XOM 8-K out discussing some Q2’23 earnings considerations – all else equal. The biggest…
July 3, 2023
***Please let us know if you have questions on the data. We show 1) w/w changes (%) in active utilization; 2) w/w changes in ‘borrow;’ and 3) Absolute current shares on loan utilization (%)*** For…
July 1, 2023
With Q2 officially drawing to an end yesterday, we took a quick look at Energy & Utility sector returns required to hit previous 52-week share price highs. There is a lot of wood to chop….
June 30, 2023
In case they get a hole in one! Yes, we liked that one as well… in any case… we are attaching links to a few of our recent most read notes. As always, happy to…
June 30, 2023
Happy Friday – ***Excel Available Upon Request*** We spent the last few days sifting through the S-4 in more detail and constructing a detailed sensitivity/ cash flow analysis around various moving pieces. We had been…