Surge Energy: Works Magic With $70 Oil, Q2 Beat & 2030 Scenario Projections
Surge Energy's Q2 results exceeded expectations, with strong production, reduced costs, and a 7% dividend yield covered at $58 WTI. Cost reductions, especially in transportation and capex, have improved my fair value estimates, but ongoing monitoring is needed for sustainability. The company offers double-digit free cash flow yields at current oil prices, with significant upside if WTI rises above $70, but risk increases below $58.
W&T Offshore (WTI) Expected to Beat Earnings Estimates: Should You Buy?
W&T (WTI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats On Tariff Worries
Oil traders are nervous ahead of the August 1 deadline.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Stabilizes As Markets See No Risks To Russian Oil Supply
Oil markets are swinging between gains and losses at the start of the week.
Natural Gas and Oil Forecast: WTI Faces Pressure Near $67, Traders Eye $65.56 Zone
Crude oil holds steady as traders weigh EU sanctions and trade talks. Brent eyes $70.60 while WTI consolidates near $67 with key support at $65.56.
WTI Oil Price Nearing USD70 Per Barrel Mark: Boon for ConocoPhillips?
WTI nears $70 a barrel, creating a favorable backdrop for ConocoPhillips' U.S. shale operations and global assets.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Drones Attack Oil Fields In Iraq
Rising tensions in the Middle East provide support to oil markets.
Oil News: WTI Holds 200-Day Support as Crude Demand Data Disappoints
WTI crude oil holds the 200-day MA, but soft demand and resistance at $67.44 cap upside. Read this oil outlook and analysis of key technical drivers.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Pulls Back As Gasoline Inventories Rise
Oil markets are losing ground amid demand worries.
Crude Inventories Drop By 3.9 Million Barrels; WTI Oil Tests Session Lows
Gasoline inventories increased by 3.4 million barrels, exceeding analyst expectations.
W&T Offshore, Inc. (WTI) Q1 2023 Earnings Call Transcript
W&T Offshore, Inc. (NYSE:WTI ) Q1 2023 Earnings Conference Call May 10, 2023 10:00 AM ET Company Participants Al Petrie - Investor Relations Coordinator Tracy Krohn - Chairman and Chief Executive Officer Conference Call Participants John White - Roth MKM Derek Woodfield - Stifel Jeff Robertson - Jeff Robertson Operator Ladies and gentlemen, thank you for standing by, and welcome to the W&T Offshore First Quarter 2023 Conference Call. [Operator Instructions].
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Some Ground Despite Rising Inventories
Oil traders focus on the optimistic demand outlook.
