Granite Ridge Resources, Inc. (NYSE:GRNT) Q1 2024 Earnings Conference Call May 10, 2024 11:00 AM ET Company Participants Wes Harris – IR RepresentativeLuke Brandenberg – President & CEOTyler Farquharson – CFO Conference Call Participants Phillips Johnston – Capital OneMichael Scialla – StephensJeff Robertson – Water Tower ResearchMichael Scialla – Stephens Operator Good morning and welcome…
Ramaco Resources, Inc. (NASDAQ:METC) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants Jeremy Sussman – EVP & Chief Financial OfficerRandall Atkins – Founder, Chairman, Chief Executive OfficerChristopher Blanchard – EVP & Chief Operating OfficerDavid Dyer – VP of Marketing and Analysis Conference Call Participants Lucas Pipes – B. RileyNathan Martin…
SilverBow Resources, Inc. (NYSE:SBOW) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Jeff Magids – Vice President of Finance and Investor RelationsSean Woolverton – Chief Executive Officer Conference Call Participants Tim Rezvan – KeyBanc Capital MarketsCharles Meade – Johnson RiceLeo Mariani – ROTH MKMKevin MacCurdy – Pickering Energy PartnersPaul Diamond…
Comstock Resources, Inc. (NYSE:CRK) Q1 2024 Earnings Conference Call May 2, 2024 12:00 PM ET Company Participants Jay Allison – Chairman and Chief Executive OfficerRoland Burns – President and Chief Financial OfficerDan Harrison – Chief Operating OfficerRon Mills – VP of Finance and Investor Relations Conference Call Participants Derrick Whitfield – StifelBertrand Donnes – TruistJacob…
bjdlzx Management of Yangarra Resources Ltd. (OTCPK:YGRAF) has stated that there is a goal to get the bank debt down to C$80 million. This is a Canadian company that reports in Canadian dollars unless otherwise noted. The bank debt did indeed decline in the just-reported first quarter, as net debt declined about C$9.5 million. This…
wolv Thesis CNX Resources Corporation (NYSE:CNX) has a unique strategy, one that emphasizes free cash flow, or FCF. The natural gas producer then allocates much of that FCF to share buybacks and reducing its debt. It’s been a successful strategy, one that has produced Energy sector-leading returns on equity, total capital, and assets, as well…
Photon-Photos/iStock via Getty Images The Q1 Earnings Season for the Gold Miners Index (GDX) began last week and the market has embraced the margin recovery with strong reactions out of two of the top three gold producers. Meanwhile, the Australian producers are busy reporting their calendar year Q1 (fiscal Q3 2024) results and the most…
Chris Stein Introduction Whitecap Resources (TSX:WCP:CA)(OTCPK:SPGYF) just released its 1Q2024 results. As expected, the results were excellent, plus the management raised the production guidance without increasing the Capex, which was great news for investors. In this article, I am going to touch on the quarterly earnings briefly. I am then going to build a future…
Jacobs Stock Photography Ltd Antero Resources (NYSE:AR) was one of the few Marcellus producers to be able to transport its production to stronger markets. This has long led the company to get some of the best prices for its production. As a result of this industry-leading strategy, management is increasing its guidance on some premiums…
LeoPatrizi PNM Resources, Inc. (NYSE:PNM) is an energy holding company whose two regulated utilities collectively provide electricity to over 800,000 homes and businesses in New Mexico and Texas. PNM Resources has two regulated utility segments, PNM, a vertically integrated electric utility in New Mexico with distribution, transmission and generation assets, and TNMP, an electric transmission…
zhengzaishuru Article Thesis Canadian Natural Resources (NYSE:CNQ) is a leading Canadian oil sands company that has an excellent track record and strong management. Thanks to superior cash generation, Canadian Natural Resources has recently achieved its net debt target, which will allow the company to return even more cash to its owners. While the share price…
Kittisak Kaewchalun /iStock via Getty Images Back in December, I wrote an article on REX American Resources Corporation (NYSE:REX), suggesting to sell it after its run in Q3 and that Q4 won’t be as good. While the stock did pull back a bit after Q3 and Q4 wasn’t quite as good as Q3, it was…
ImagineGolf Introduction In my dividend growth portfolio, I own three energy stocks: Texas Pacific Land Corporation (TPL): This is a landowner in the Texas Permian. It benefits from oil and gas royalties, water royalties, and from every activity related to drilling, pipelines, and renewables on its land. It’s sensitive to oil prices like an oil…
zhengzaishuru Granite Ridge Resources (NYSE:GRNT) appears capable of delivering a modest amount of free cash flow in 2024 before dividends. If it maintains its quarterly dividend at $0.11 per share, its net debt is projected to increase by $41 million during the year. This appears manageable for now, although Granite Ridge’s dividend is at risk…
SIphotography Resources Connection, Inc. (NASDAQ:RGP) appears well prepared to grow in the growing global digital transformation market thanks to both inorganic growth and consulting activities. Considering recent better-than-expected earnings, EPS growth expected in 2024 and 2025, and dividend growth, RGP is one of the companies that I have under my radar. There are clear risks…
Nilam Resources, Inc., a precious metal mining company with principal assets in Peru, has announced it is entering into a Letter of Intent (LOI) with Xyberdata Ltd. to acquire 24,800 bitcoin. This agreement involves acquiring 100% of the common stock of a special purpose entity named MindWave, to be established in Mauritius, which will hold the BTC along…
bjdlzx I initially started coverage of Range Resources (NYSE:RRC) back in February of 2023 with a “Hold” rating, saying that low natural gas prices were likely to hamper the company the rest of the year. Gas prices have been pretty weak, but RRC’s stock has managed to gain over 40% since my write-up. Let’s catch…
bjdlzx Paramount Resources Ltd. (OTCPK:PRMRF) management recently adjusted guidance to account for weather, a divestiture, and a shut-in of dry gas production until natural gas prices improve. But this cash flow machine still has growth plans in place. That shut-in natural gas production will be back at some point in the future. In the meantime,…
Hispanolistic Equity flows have improved in recent weeks. Despite cash continuing to pour into money market funds over the past year-plus, investors are seemingly willing to step out onto the risk curve, putting more liquidity to work into stocks and high-grade fixed-income. That bodes well for asset management firms, but not all of these companies…
Canadian Natural Resources Limited (NYSE:CNQ) Q4 2023 Results Conference Call February 29, 2024 11:00 AM ET Company Participants Lance Casson – Investor Relations Tim McKay – Vice Chairman Scott Stauth – Chief Operating Officer, Oil Sands Robin Zabek – Chief Operating Officer, E&P Mark Stainthorpe – Chief Financial Officer Conference Call Participants Doug Leggate –…
Editor’s note: Seeking Alpha is proud to welcome Andrew Mach as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » imaginima Investment Thesis ARC Resources (OTCPK:AETUF, TSX:ARX:CA) recently released…
bjdlzx California Resources (NYSE:CRC) announced a merger with Aera Energy. This merger was possible because California Resources kept the debt low. Therefore, acquiring a higher debt company like Aera was not going to be a traumatic experience for shareholders. Combining the two companies should produce some cost savings through a larger company rather than two…
EOG Resources, Inc. (NYSE:EOG) Q4 2023 Earnings Conference Call February 23, 2024 10:00 AM ET Company Participants Pearce Hammond – Vice President, Investor Relations Ezra Yacob – Chairman and Chief Executive Officer Ann Janssen – Executive Vice President and Chief Financial Officer Lloyd Helms – President Jeffrey Leitzell – Executive Vice President and Chief Operating…
Sandfire Resources Ltd (OTCPK:SFRRF) Q2 2024 Earnings Conference Call February 22, 2024 9:00 PM ET Company Participants Brendan Harris – CEO, Managing Director, Executive Director Megan Jansen – Chief Financial Officer Jason Grace – COO Conference Call Participants Rahul Anand – Morgan Stanley Mitch Ryan – Jefferies Levi Spry – UBS Ben Lyons – Jarden…
Derek Hudson/Hulton Archive via Getty Images Alpha Metallurgical Resources, Inc. (NYSE:AMR) produces high-quality metallurgical coal. This company has been trucking for the last few years. When coal prices were down, everyone expected coal to be down and out forever. However, the world has continued to consume coal and especially metallurgical coal, which is used in…
RGC Resources, Inc. (NASDAQ:RGCO) Q1 2024 Earnings Conference Call February 7, 2024 9:00 AM ET Company Participants Tommy Oliver – SVP of Regulatory and External Affairs Tim Mulvaney – Treasurer and CFO Paul Nester – President and CEO Conference Call Participants Michael Gaugler – Janney Montgomery Scott Tommy Oliver Good morning, and thank you for…
Gold Road Resources Limited (OTCPK:ELKMF) Q4 2023 Results Conference Call January 28, 2024 7:30 PM ET Company Participants Duncan Hughes – General Manager, Corporate Development, Investor Relations Duncan Gibbs – Managing Director, Chief Executive Officer John Mullumby – Chief Financial Officer Conference Call Participants Alex Barkley – RBC Andrew Bowler – Macquarie Levi Spry –…
peshkov The Adams Natural Resources Fund (NYSE:PEO) invests across energy and materials sector stocks as an actively managed closed-end fund. The attraction here is a strong record, with PEO outperforming sector benchmarks including several indexed ETFs over the past five years. We also like the compelling 6% yield through a quarterly distribution. Emerging from a…
NovaGold Resources Inc. (NYSE:NG) Q4 2023 Earnings Conference Call January 25, 2024 11:00 AM ET Company Participants Melanie Hennessey – Vice President-Corporate Communications Greg Lang – President and Chief Executive Officer David Ottewell – Vice President and Chief Financial Officer Thomas Kaplan – Chairman Conference Call Participants Lucas Pipes – B. Riley Securities Don DeMarco…
Regis Resources Limited. (RGRNF) Q2 2024 Earnings Conference Call January 24, 2024 7:00 PM ET Company Participants Jim Beyer – Managing Director and CEO Anthony Rechichi – CFO Michael Holmes – Chief Operating Officer, Conference Call Participants Alexander Papaioanou – Citi Andrew Bowler – Macquarie Alex Barkley – RBC David Coates – Bell Potter Securities…
Andrzej Rostek Introduction Although I mainly focus on dividend (growth) investing, I regularly cover other investment opportunities, including companies in areas of significant economic importance. After all, macroeconomic developments are a big part of my research. One of my favorite sectors to cover is energy, which includes coal. In the first coal-focused article this year,…
Monty Rakusen Overview Alpha Metallurgical Resources (NYSE:AMR) is the largest metallurgical (“MET”) coal producer in the United States. The company is expected to produce about 16M tons of MET coal in 2024 and roughly another 1M tons of thermal coal as a byproduct. The last thermal coal mine was closed last year, so AMR is…
LockieCurrie A “Hold” Rating For Perpetua Resources Corp. This analysis recommends a “Hold” rating on the stock of Perpetua Resources Corp. (NASDAQ:PPTA) (TSX:PPTA:CA) compared to the previous rating of “Buy”. Perpetua Resources’ stock was rated “Buy” in the previous article due to the increased potential for profitable gold production in Idaho and the positive gold…
mysticenergy Introduction and Investment Thesis Canadian Natural Resources (NYSE:CNQ) is the largest oil and gas producer in Canada. The stock has returned an impressive ~18% in 2023, despite oil prices experiencing downward pressure, contrasting with other Canadian oil peers who suffered declines in the year. While the company has a strong history of dividend increases…
DanielIngelhart/iStock via Getty Images Investment Thesis Mach Natural Resources (NYSE:MNR) is an oil and natural gas firm that develops, acquires, and produces oil, NGL reserves, and natural gas. It has recently reported its quarterly results and experienced resistance in its growth, mainly due to macroeconomic pressures. However, I believe the company can boost its profitability…
selamiozalp All financial numbers in this article are in Canadian dollars unless noted otherwise. (A Lengthy) Introduction If there’s one thing we have discussed a lot this year, it’s energy. Energy is a cornerstone of my long-term investment thesis, as I believe that we are in a new era where subdued long-term supply growth meets…
g_jee Introduction: I’ve been thinking about writing this for a little while, but truth be told I haven’t had the time. Subsequently, this will be somewhat brief and I encourage the reader to do more due diligence than usual relative to my previous articles. Having said that, I will argue that this is actually a…
onurdongel Antero Resources Corporation (NYSE:AR) long ago got rid of the hedges when it became obvious that the rig count was declining. The oil and gas journal today put out another article on the declining rig count which has continued. But the market has focused upon the increasing production because wells drilled will likely be…
Iurii Garmash Franklin Resources (NYSE:BEN) is a cheap stock by most traditional metrics. BEN trades at just 12.4x forward earnings and currently yields 4.2%. However, I do not generally view a cheap valuation alone as a sufficient reason to buy a stock. Instead, I prefer to see additional upside catalysts combined with an attractive valuation….
Orbon Alija Alpha Metallurgical Resources, Inc. (NYSE:AMR) produces mainly high-quality metallurgical coal. After hitting an all-time high in 2023, global coal demand is projected to decline, according to the International Energy Agency’s (IEA) annual coal market report. The IEA has never forecasted a decline before. The divergence between the share prices of coal producers (at…
imaginima Introduction The Houston-based EOG Resources, Inc. (EOG) announced its third quarter results on November 2, 2023, while Occidental Petroleum Corporation (OXY) released their Q3 on November 7, 2023. Note: I am a long-term EOG and OXY shareholder and have followed EOG and OXY on Seeking Alpha since 2016. As someone who invests in oil,…
Photon-Photos/iStock via Getty Images Just over six months ago, I wrote on NovaGold Resources Inc. (NYSE:NG), noting that the stock’s relative valuation remained unattractive with it trading at a premium to developers (and even some producers) that controlled their own destiny, were takeover targets, and many that were already in construction/production. Since then, NovaGold has…
zhengzaishuru Antero Resources (NYSE:AR) generated slightly negative free cash flow (before changes in working capital) in Q3 2023. I didn’t consider that to be a problem at the time of its Q3 2023 earnings report since Antero’s capital efficiency was improving and the 2024 natural gas strip was around $3.50. This put Antero in a…
TexBr Introduction Parex Resources (TSX:PXT:CA) (OTCPK:PARXF) was one of my favorite oil investments during the COVID crisis in 2020 when oil prices were exceptionally low. I argued the company’s extremely healthy cash balance would protect the company’s existence and allowed it to wait for better times. That indeed happened and although Parex has to be…
Maksim Safaniuk/iStock via Getty Images Introduction One of my favorite topics this year has been oil and gas investments, as I have consistently added to companies that I expect to protect my portfolio against inflation and deliver consistent juicy (special) dividends. Furthermore, I have made some changes, as one of my all-time favorite holdings, Pioneer…
REX American Resources Corporation (NYSE:REX) Q3 2023 Results Conference Call November 30, 2023 11:00 AM ET Company Participants Stuart Rose – Executive Chairman of the Board Zafar Rizvi – CEO Doug Bruggeman – CFO Conference Call Participants David Locke – Old Mammoth Investments Chris Sakai – Singular Research Operator Greetings, and welcome to the REX…
bjdlzx Paramount Resources (OTCPK:PRMRF) (TSX:POU:CA) long ago sold most of its dry gas production and then used the proceeds to purchase Apache Canada. This was a division of Apache (APA). In the roughly six years since that purchase, long-time readers know that this company has gotten that purchase price back several times over as I…
deepblue4you Portfolio Manager Shawn Reynolds and Deputy Portfolio Manager Charlie Cameron discuss global resources, including macro headwinds, commodities’ performance, and why we have a positive outlook about the space moving forward. Transcript Natural Resources Update and Outlook, Q3 2023 Shawn Reynolds: Hi, it’s Shawn Reynolds here along with my colleague Charlie Cameron, and we’re here…
DusanBartolovic Mining doesn’t work that way Ramaco Resources (NASDAQ:METC) (METCB) is well in the news right now. They’ve discovered rare earths in their coal mine. How exciting. Well, except for a number of things. Quite a few things in fact. This piece is not about metallurgical coal, the coal mine or the market for that….
Granite Ridge Resources, Inc. (NYSE:GRNT) Q3 2023 Earnings Conference Call November 10, 2023 11:00 AM ET Company Participants Wes Harris – IR Representative Luke Brandenberg – Chief Executive Officer Tyler Farquharson – Chief Financial Officer Conference Call Participants Michael Ciello – Stephens Inc. John Abbott – Bank of America Jeff Robertson – Water Tower Research…