The Energy Report

Source: Streetwise Reports 07/24/2019 The aim and developments of the program are recapped in a CIBC report. In a July 22 research note, analyst Robert Catellier reported that CIBC increased its target price on AltaGas Ltd. (ALA:TSX) to CA$21 per share from CA$20 due to “a stronger result on the distributed energy asset sale and […]

Source: Streetwise Reports 07/23/2019 A Raymond James report looks at 2019, 2020 spending and production expectations for and by this company. In a July 18 research note, John Freeman reported that Raymond James decreased its target price but maintained its Outperform rating on SM Energy Co. (SM:NYSE) in response to a recent operational update. The

Source: Peter Epstein for Streetwise Reports 07/18/2019 Peter Epstein of Epstein Research delves into the reasons why he believes this development—and other developments in the lithium market—strengthen the investment thesis. Earlier this year, Cypress Development Corp. (CYP:TSX.V; CYDVF:OTCQB; C1Z1:FSE) delivered a preliminary economic assessment (PEA) on its 100%-held Clayton Valley clay-hosted lithium project in Nevada

Source: Maurice Jackson for Streetwise Reports 07/12/2019 In this interview with Maurice Jackson of Proven and Probable, the head of this junior miner in the Athabasca Basin discusses recent developments in the uranium market and the projects his company is focused on the region. Maurice Jackson: Joining us for a conversation is Jordan Trimble, the

Source: Streetwise Reports 07/10/2019 McDermott International has been awarded a US$3 billion contract for Saudi Aramco. The company will partner with China Offshore Oil Engineering Company to increase production by 300,000 barrels per day. McDermott International Inc. (MDR:NYSE) announced that it has been awarded a contract in excess of US$3 billion for Package 1 of

Source: Peter Epstein for Streetwise Reports 07/09/2019 Peter Epstein of Epstein Research explains why he believes this company stands out from many of the lithium explorers in Argentina. Portofino Resources Inc. (POR:TSX.V; POT:FSE) is a high-risk lithium junior with three brine projects in Catamarca province, Argentina. I say “high risk,” but that should go without

Source: Streetwise Reports 07/06/2019 The reasons for the positive outlook are given in a Raymond James report. In a July 3 research note, analyst Praveen Narra reported that Raymond James maintained its Strong Buy rating but reduced its target price on Newpark Resources Inc. (NR:NYSE) to $12 per share from $13 (current share price about

Source: Streetwise Reports 07/05/2019 The reasons for the positive outlook are presented in a Pareto Securities report. In a July 2 research note, analyst Tom Erik Kristiansen reported that Pareto Securities raised its year-end 2020 production estimate but lowered its target price on Panoro Energy ASA (PEN:OSE; 1PZ:FRA) to NOK 22 per share from NOK

Source: Streetwise Reports 06/29/2019 The deal and its benefits to the energy firm are addressed in a ROTH Capital Partners report. In a June 27 research note, ROTH Capital Partners analyst John White reported that W&T Offshore Inc.’s (WTI:NYSE) proposed acquisition of assets from ExxonMobil for $200 million is “very positive.” Those assets include oil

Source: Maurice Jackson for Streetwise Reports 06/25/2019 Maurice Jackson of Proven and Probable and Rick Rule of Sprott USA engage in a wide-ranging discussion covering Pareto’s law, the importance of courage and conviction in investment, copper, mentors and the upcoming Sprott Natural Resource Symposium. Maurice Jackson: Joining us for conversation is legendary investor Rick Rule