I3 Energy Share Discussion Threads

[marmar80] 05/7/2024 14:55

Added a few.

[bobaxe1] 05/7/2024 14:39

Still thinking we will be above this oversold price in three months!//

[eringael] 05/7/2024 13:33

How dare you look 12 months ahead for potential share price growth!! the naysayers are solely focussed on next quarter and don't care for a reasonable investment timeframe of 2-3 years

[genises] 05/7/2024 08:44

Oil climbing $84
Hurricane moving towards Mexico

Approximately 15% of U.S. oil production and 5% of natural gas production occur offshore in the Gulf of Mexico. When a hurricane enters the Gulf, drilling rigs and platforms often start shutting down and evacuating personnel.

Additionally, nearly half of U.S. oil and gas refining capacity is situated along the Gulf Coast, so any shutdowns have a ripple effect on the broader economy. As increasing LNG capacity comes online, also predominantly along the Gulf Coast, that capacity will also be at risk.

Although Beryl is not forecast to hit the heart of refineries and ports along the upper Gulf Coast, even the threat of such an event has global ramifications.

Crude oil prices have risen in recent days, partially because of the risk of disruption to production, refining and shipping operations. With three of the more prominent forecasting agencies—OPEC, the International Energy Agency, and the Energy Information Administration—;all forecasting an oil supply deficit in the second half of this year, on top of geopolitical risks in the Middle East, potential supply reductions or delays from weather events will be closely watched.

[pretax2] 05/7/2024 08:20

The current gas price is low at about 73cdn$ but look at what is forecast to happen later this year and into next year where prices range from 250-375cnd$.
See chart 3 on the link.
The forecast increase is due to Canada having to ability to export its NG products abroad with the opening of pipelines and port facilities. Prices no longer hostage to a single customer (I.e. the US).

hxxps://www.gasalberta.com/gas-market/market-prices

This uplift in gas price will impact ‘gassy’ companies like i3 Energy, who have a shareprice close to a two year low and a 10%+ yield, very poditively.

The income and growth potential here is astonishing and the shareprice is a steal at sub 10p. Not a ramp when the potential is glaringly obvious.

[tonynorstrom1] 05/7/2024 08:20

The answer to that is that I3E is not losing 3m a month - crunch the numbers yourself. Secondly I3E would not have paid the dividend if it was. This is just more misinformation by Fanny to spook investors. What a despicable toe rag he is.

[marine boy] 05/7/2024 00:20

I wouldn't normally post this late but I'm watching the election results - 🥱

Meanwhile, it's convenient for the doomsayers to focus on AECO price alone while conveniently neglecting the WTI price, hedging, low debt, untapped credit facility,
potential accretive purchase, drilling to focus on H2 (emphasis on oil), impact of Trans Mountain Pipeline Expansion, potential interest from third party re offer etc - the list seems endless.

I'll just collect the divi for now & notice future AECO pricing is higher.

[genises] 04/7/2024 21:48

Marine Boy
Yep I am in the same frame of mind.
What can they buy upto 100million
Their a few hints where some and may be all of the money will come from.
The derampers are saying they are losing money 3 million a month
If we are losing that amount then what are some of the smaller producers losing.
Bargain hunting comes to mind

[aberdeenandy] 04/7/2024 20:10

MB

I believe the only thing that will move the share price is a real improvement in AECO price which could happen Oct/Nov time.

We may see a share price drift until then so please everyone just be patient.

[marine boy] 04/7/2024 19:38

Now that we have the Capital Reduction RNS & the Dividend RNS out of the way, there is one more to go & that is, in my opinion, a production increase of up to 5000 boepd by whatever means the BOD deems the most accretive.

That will be the RNS that moves the share price.

WTI back over $84.

[aberdeenandy] 04/7/2024 15:59

Tony

Let’s not keep arguing. I find it exhausting. x

[tonynorstrom1] 04/7/2024 15:15

I think Aberdeen Andy = Fanny

Despite your logic, word out on the street and your self professed sanity - you called the dividend wrong.

Secondly - I didnt say “bad financials” - just not as good as Q1 - these are your words that fellow posters now know cannot be trusted.

Thirdly - markets are generally forward looking meaning that they will generally look into the future and not the current quarter. There has been no large scale institutional selling todate and whilst I cannot say there will not be any in the future - I expect them to hangin there - collect the dividends and look forward to a better Q3/Q4.

So like I say - some small retail investors may bail, and cretins like you continue to trash talk / deramp - I expect the share price reaction to be muted - perhaps a small downward move which will quickly correct and move higher as we get into Q3 - Q4 ( in my opinion only - DYOR)

[aberdeenandy] 04/7/2024 14:52

Tony

We seem to coming together in the sense that due to the horrendous AECO price, we both predict the next financials will be bad. Where we seem to differ is the effect this will have on the share price. My call is that it will cause a fall of 2.5p. You unsurprisingly with your ‘investor relations’ ramping hat still firmly on, think it will have little to no effect.

I think most sane people here will know bad financials (even if expected) = lower share price. To think otherwise is to live in cloud cuckoo land.

[tonynorstrom1] 04/7/2024 14:45

I’ve already justified the fall you halfwit - your just incapable of understanding.

1) the highest close post the pivot to Canada was just below 32p and the share price was above 30p for a matter of days.

2) As I have previously said - when the share price was at the previous highs - Oil was around $110/bbl and AECO was over CAD 6.00 - if you run the numbers including FCF and EBITDA - this completely explains the fall - you just don’t understand it. You consistently paint the numbers in the worst possible light. The share price fall which has been devastating is largely down to prices and not Management performance.

3) you got the call on the dividend wrong and 7p also looks to be wrong - who’s the fraud. You, RTW and Andy - all deserve to be standing in the corner with you dunces hats on.

[fandagle] 04/7/2024 14:27

32p to a measly 9p! Nothing to boast about Tony! Get real and admit you’re a Fraud! You can’t justify that fall! Yet you keep Ramping! What dirty little man you are! Back to your cheap! Jive muck! Caravan!

[tonynorstrom1] 04/7/2024 13:51

You’ve already been proved horribly wrong with the dividend cut which you seemed to be quite sure about and you don’t even have the good grace to hold your hands up and admit you got it wrong. You are clearly a de ramper with a clear objective to peddle misinformation usually all negative for your own personal agenda.

I’ve told you previously to call me out immediately if you catch me ramping which you have consistently failed to do. My posts are factual like the call on the dividend - yet because it does not feed your negative narrative - you call it ramping - how can it be ramping - I got it right you got it wrong !!!

Q2 financials are likely to be poorer than Q1 due to AECO. However, I don’t think it will be overly negative for the share price since sophisticated investors and institutions (does not include you, Fanny or RTH) already will be able to forecast the numbers so should already be baked into the price. This excludes any unexpected news such as production curtailments or the like due to wild fires etc. In addition natural production declines will also impact revenue but like I said - institutions and sophisticated investors will already have factored this in. The only investors that will be caught by surprise is some small investors who are under researched and cretins such as you, Fanny and RTW.

If anyone is interested - I can push the button on my spread sheet and provide my forecast for Q2 NOI v the actual figure for Q1.

[aberdeenandy] 04/7/2024 13:23

Tony

It would be interesting to have your thoughts on the next financials. I doubt you will because you know they’ll be bad and it won’t fit your Investor Relations Ramping narrative.

Prove me wrong. Let’s hear it.

[tonynorstrom1] 04/7/2024 12:59

Fellow posters beware - Fanny, Round the Bend and Worried Sick Andy all got the call on the dividend horribly wrong despite having the opportunity to email the company to allay their fears - they chose not to and instead to post misinformation - why?

Now the’re going to post their thoughts on Q2 results - is anyone going to pay attention given their rock bottom credibility.

[genises] 04/7/2024 12:52

Trade 50 is mine.

[aberdeenandy] 04/7/2024 12:46

Fandagle

When are we expecting the next set of financials? They are going to be bad with AECO at rocket bottom. Do you agree?

[genises] 04/7/2024 12:41

Andy you don’t need to as you not a shareholder so run along for the fresh air as it’s stale at the moment

[genises] 04/7/2024 12:39

Fanny how did you get to 3 million a month figure.
You must have done your homework.
Chuck on your break down figures on here.
Won’t take you long as you would have it on paper

[aberdeenandy] 04/7/2024 12:36

The company has basically resorted to using a credit card to pay the rent.

Any rational shareholder should be worried sick at the state of affairs. I know I am. I’m going outside for some fresh air.