Thursday, January 12, 2023

And There You Have It -- Your List For 2023 -- Good Luck To All -- January 12, 2023

Alex Kimani: why oil's seven-month downturn may be about to reverse. I would not have posted this except it was written by Alex Kimani.

Rigzone: analysts flag short term oil price upside.

IBD: twenty-one stocks that some think may grow as much as 1,220% as new uptrend begins. EPS estimate: current year %:

  • Ambac Financial - 1,220%
  • Valero Energy - 888%
  • HF Sinclair - 876%
  • Murphy Oil - 354%
  • Occidental Petroleum - 285%
  • Phillips 66 - 242% -- to buy DCP Midstream
  • Hess - 238%
  • DCP Midstream - 173% -- to be bought by Phillips 66
  • Pinduoduo - 161%
  • Titan International - 161%
  • Eni - 160%
  • Exxon Mobil - 158%
  • Cactus - 149%
  • BP - 133%
  • Canadian Solar - 130%
  • Northern Oil & Gas - 117%
  • Diamondback Energy - 116%
  • Shell - 111%
  • TotalEnergies - 110%
  • Genmab - 103%
  • Graphic Packaging - 100%

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.   

As a reminder, this was posted yesterday:

Oil: eleven best American oil stocks to buy now. From InsiderMonkey a couple of days ago. Link here. HES, VLO, HAL, PXD, MRO, DVN, COP, CVX, CHK, OXY, XOM.  

Many of these names appear on both lists. 

It's also notable which energy companies don't appear on either list.

************************
Soccer

Our middle granddaughter Olivia, a junior, is a captain for her high school girl's soccer team, the only junior to have been named a captain. The three captain "slots" are generally reserved for seniors.

As a sophomore, last year, she and her team took second place at state championship tournament for Division 5A. Largest schools in Texas are 6A; then the 5A schools. Her school girls soccer team is always in contention, but they lost a lot of their best players last year -- graduation -- and are not expected to do as well this year.

The team is participating in the state's season opening tournament held in Austin, TX. It began today, Thursday, and will conclude on Sunday. 

Tonight was their first game.

Our granddaughter's text after the game:

"TO THE WIRE!!!! 2 - 1.

"It was 1 - 0 until the last seven minutes when they tied it up. We scored again in the last ninety seconds. 

 "We won against the #3 ranked team.

"We're ranked #13. 

"Personally, I appreciate a lower ranking so wee can under-promise and over-deliver. As was the case this game."

RIP -- I Missed This One -- December 29, 2022

Ian Tyson, age 89.

The BR CCU Wells, Corral Creek

The wells:

  • 16912, 226, BR, CCU Burner 41-26H, Corral Creek, t8/13; cum 414K 11/22;
  • 22967, 2,242, BR, CCU Burner 21-26MBH, Corral Creek, t8/13; cum 221K 11/22;
  • 22968, 2,129, BR, CCU Burner 21-26TFH, Corral Creek, t7/13; cum 336K 11/22;
  • 26679, 1,776, BR, CCU Burner 41-26TFH, Corral Creek, t3/14; cum 266K 11/22;
  • 26680, 2,665, BR, CCU Burner 41-26MBH, Corral Creek, t4/14; cum 346K 11/22;
  • 31402, 1,824, BR, CCU Burner 31-26TFH, Corral Creek, t12/15; cum 321K 11/22;
  • 31906, 1,670, BR, CCU Burner 1-1-26MBH, Corral Creek, t12/16; cum 472K 11/22;
  • 32464, PNC, BR, CCU Burner 1-1-26TFH, Corral Creek,
  • 36324, 198, BR, CCU Burner 1A TFH, Corral Creek, t8/19; cum 324K 11/22;

Not Tone-Deaf -- For What It's Worth -- The Apple Page -- January 12, 2023

Link here.

COP, Venezuela, And Not On My Bingo Card -- January 12, 2023

This certainly was not on my bingo card today. LOL.

Before getting started, review this post to make sure you know the players.

Link to The WSJ here.

From the linked article:

ConocoPhillips, which abandoned Venezuela after its assets were nationalized in 2007, is now open to a deal to sell the country’s oil in the U.S. as a way to recover the close to $10 billion it is owed by Venezuela. 

In what are preliminary talks between ConocoPhillips and national oil company PetrĂ³leos de Venezuela SA, the two sides are looking at a proposal that could allow the Houston-based company to load, transport and sell Venezuela’s oil in the U.S. on behalf of PdVSA, as the state oil company is known.

This would give ConocoPhillips a chance to recover the money it lost in the country and help the U.S. meet its energy needs. 

The arrangement would help Venezuela end the commercial isolation that was caused by U.S. sanctions leveled against the oil industry in 2019, and further open the U.S. market to its crude. The U.S. had historically been Venezuela’s largest oil market until the sanctions, with several big Gulf Coast refineries designed to run its heavy crude

But a sharp yearslong fall in Venezuelan production curbed supply. Then sanctions, imposed by the U.S. in response to human rights violations and democratic backsliding, broke off trade.