Diversified Energy Share Discussion Threads

[drk1] 11/7/2024 16:17

This has to be one or more of our shorters closing or reducing into the acquisiton news - burn away boys, burn away! ;-)

[cassini] 11/7/2024 16:10

I think this action is due to US CPI data which implies rate cuts to Mr. Market.

Gold has reacted well too.

[kaos3] 11/7/2024 15:33

F I R S T Q U A R T E R 2 0 2 4 - - M A Y 3 1 S T 2 0 2 4
Goehring & Rozencwajg
Natural Resource Market Commentary
GOEHRING
ROZENCWAJG
Natural Resource Investors1
We believe the North American natural gas market has reached a turning point. Significant
shifts now taking place carry profound investment implications for the next twelve months.
Our stance, which was cautious for almost a decade, turned bullish in the first quarter of
2020 when Henry Hub was at $1.43 per thousand cubic feet (mcf ). In our 1Q20 letter, we
wrote an essay titled “The Bull Market is Here,” stating: “If production were ever to falter,
a massive bull market would result. That moment has arrived.” By summer 2022, Henry Hub
gas surged more than six times, eventually reaching $9.68 per mcf as Russia’s invasion of
Ukraine spread fears of a global natural gas shortage. However, back-to-back warm winters
and an ill-timed fire at a US LNG export facility overwhelmed the nascent bull market and
gas retracted its entire move, selling off to within five cents of the June 2020 low. Although
it may seem like a strange time to write a bullish lead essay on natural gas, it was equally
strange to make a bullish call in the spring of 2020, immediately before gas rallied 553%.
SUBSCRIBE .... Good stuff

[loganair] 11/7/2024 15:31

I was surprised to see that my stock broker has taken 30% withholding tax from my recent DEC dividend, instead of 15% as I have an active W8ben.

Iweb have just informed me that for 3 stocks, DEC, Somero and Spectaire, that they are unable to reclaim 1/2 of the 30% withholding tax therefore I still have to pay the 30% withholding tax on my DEC dividends even though I have an active W8ben.


Has any poster on this thread with an active W8ben, their broker reduced tax on their DEC dividends from 30% to 15% or are all still paying the full 30% withholding tax?

[1knocker] 11/7/2024 13:29

Gas prices are on their back, total US production falling, and new export facilities built. It should be a good time for DEC to acquire capacity. Well run companies set themselves up in the lean times.

[aleman] 11/7/2024 13:21

Potentially nice uptrend forming now that US volume seems to have taken over control and broken the 16-month downtrend.


free stock charts from uk.advfn.com

[tsmith2] 11/7/2024 12:36

are shorters about to see sharp move up?

[kaos3] 10/7/2024 16:30

in my stupid mind nothing has changed for the better -

just taking care of the decline replacement for this year.

next transaction, drilling could change situation for the better

imho

[aleman] 10/7/2024 16:26

5.2% of May production added for net $100m - and with new drilling potential. Infill and completions possibilities were mentioned with the last acquisition. Does this mean ALL acreage might now be open to new drilling? And does it suggest the company thinks it should be worth nearer $2bn than $500m?

It seems quiet here, considering the news. Maybe some have been selling up as Americans have been acquiring stock?

[johnhemming] 10/7/2024 13:33

In the end, however, if the company can continue to grow its cash profit whilst the shorters try keep the share price down the long term will work out.

[skinny] 10/7/2024 10:57

"accretive" is mentioned 10 times - always a good term in an RNS.

[oneillshaun] 10/7/2024 10:51

The last couple of deals have done very little for the share price and today this one is looking the same.

[johnhemming] 10/7/2024 07:19

If anything should worry the shorters this acquisition should. It may be that the shorters don't understand the difference between a hyperbolic decline and an exponential decline.

The vendors are happy to sell at PV20, but get some benefit from an increasing share price.

You never know, but the vendors may even buy some stock. (later in the year when the transaction completes, but at that point the share price is likely to be higher).

[bazboa] 10/7/2024 07:05

New acquisition

[blue square] 09/7/2024 21:00

I am hoping we wont visit the 10's
Again J P Morgan further reduced
their short by 0.20%

[tsmith2] 09/7/2024 12:42

Through 12 and we target 14

[garycook] 08/7/2024 01:19

kaos3, Good article. Quite reassuring when you see the losses by these Shorts on DEC atm.

[kaos3] 07/7/2024 19:59

hxxps://theoakbloke.substack.com/p/dec-sent-predictions

[blue square] 07/7/2024 07:51

Disappointing drop back in New York
$13.58, which should see us back to
around £10.60p on open.
I guess it was wishful thinking
we could consolidate around £11

[2wild] 05/7/2024 19:21

Wrong thread

[marksp2011] 05/7/2024 12:55

and another one

I can see from the data that if the oil price moves 1%, ABC Oil moves 3%. ABC oli is thus a leveraged play on the oil price. Rather than trading oil with $100k I can trade ABC oil with $33k and so save my capital for the same degree of exposure.

I am not betting on ABC per se, I am looking at the oil price.

[marksp2011] 05/7/2024 12:52

Leonobull

There is a startegy called pairs trading where you short one stock and go long on another depending on how they are correlated statistically.

I might be short BAT, long KO because of how they move relative to each other.

Second thing, I have a 1M long and was feeling a bit nervous, I might take 750k short to lower my risk

Third thing. Suppose there is a binary event coming eg...an announcement of results. I might take 500k long with a stop loss and 500k short with a stop loss. If there is a big move in either direction my bad trade is closed out and the good one keeps running

Fourth one. I take a short and then, wade into the cash market and make my short profitable. People like GS do that everyday.