Trying to out guess OPEC is like trying to pick a lottery number winner. Until OPEC can squeeze every small oil company out of business, they will continue the gouging. I personally do not think we are their yet.
I am still not even sure if ERF or ANY of the other oil producing countries can outlast OPEC's price setting manipulations through 2016 OR beyond. Either way, I think 2016 will be a very interesting year for oil/gas as a whole.
It also seems quite strange that ERF's PPS structure has DROPPED to the level it is currently at today. It appears to me that the bulk of the MONEY has moved to another source of income. As they stated last year, 2016 appeared as a " drop dead " date for the HEDGES they currently had. At the time those were quite lucrative as I recall.....in the $95+!!!
Does anyone know the shareholder count from 2013, 2014 and current numbers?? Obviously we have lost quite a few investors.
I have been trying to find the numbers on the amount of oil pumped vs. what is being STORED for " future use " by some of the OPEC group. Keeping an eye on that will or should tell one just WHEN the lid is going to be taken off of the can of worms!!! Selling that stockpile of " cheap oil " at 100% or more is where the REAL MONEY IS!
MY opinions are just that.......40+ years of trading experience and take it for what it is worth.
Recent ERF News
- Eurofins EAG Laboratories Expands Battery Testing Services Supporting Client Acceleration of Battery Innovation • Business Wire • 05/13/2024 04:00:00 PM
- Eurofins Scientific SE: Purchases of Own Shares From 6th of May 2024 to the 10th of May 2024 • Business Wire • 05/13/2024 03:45:00 PM
- The Eurofins Network Expands Battery Testing Services, Supporting Client Acceleration of Battery Innovation • Business Wire • 05/13/2024 05:15:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/08/2024 09:21:11 PM
- Enerplus Announces its Quarterly Cash Dividend for June 2024 • PR Newswire (Canada) • 05/08/2024 09:15:00 PM
- Enerplus Announces First Quarter 2024 Results • PR Newswire (Canada) • 05/08/2024 09:15:00 PM
- Eurofins Scientific SE: Purchases of Own Shares From the 29th of April 2024 to the 3rd of May 2024 • Business Wire • 05/06/2024 03:45:00 PM
- Eurofins Scientific SE: Purchases of Own Shares From the 25th to the 26th of April 2024 • Business Wire • 04/29/2024 03:45:00 PM
- Enerplus to Report First Quarter 2024 Results May 8 • PR Newswire (Canada) • 04/26/2024 10:00:00 AM
- Eurofins Achieves Organic Growth of 6.8% in Q1 2024, Ahead of Its Objectives • Business Wire • 04/24/2024 05:15:00 AM
- Chord Energy and Enerplus Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction Update • PR Newswire (Canada) • 04/08/2024 10:00:00 AM
- Chord Energy and Enerplus Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction Update • PR Newswire (US) • 04/08/2024 10:00:00 AM
- Eurofins Scientific SE: Disclosure of Total Number of Voting Rights and Number of Shares in the Capital at 31 March 2024 • Business Wire • 04/05/2024 03:32:00 PM
- The Eurofins Network Expands Its Offering in Renal and Transplant Testing in the United States With the Acquisition of Ascend Clinical LLC • Business Wire • 04/03/2024 05:15:00 AM
- Eurofins: Purchases of Own Shares from the 18th to the 22th of March 2024 • Business Wire • 03/25/2024 04:45:00 PM
- Eurofins: Convening Notice of the Shareholders to the Annual Ordinary General Meeting and an Extraordinary General Meeting of the Company Valid as an Information Notice for the Bondholders • Business Wire • 03/25/2024 06:15:00 AM
- Eurofins: AVIS DE CONVOCATION DES ACTIONNAIRES A L’ASSEMBLEE GENERALE ORDINAIRE ANNUELLE ET A UNE ASSEMBLEE GENERALE EXTRAORDINAIRE DE LA SOCIETE VALANT AVIS D’INFORMATION DES OBLIGATAIRES • Business Wire • 03/25/2024 06:15:00 AM
- Eurofins: Purchases of Own Shares From the 11th to the 15th of March 2024 • Business Wire • 03/18/2024 04:45:00 PM
- Eurofins Scientific SE: Disclosure of Total Number of Voting Rights and Number of Shares in the Capital at 29 February 2024 • Business Wire • 03/12/2024 10:57:00 AM
- Eurofins: Purchases of Own Shares From the 5th to the 8th of March 2024 • Business Wire • 03/11/2024 04:45:00 PM
- Eurofins Discovery Introduces Innovative DiscoveryAI SAFIRE: A New AI-Driven Platform for Drug Discovery Trained Using Proprietary Datasets • Business Wire • 02/29/2024 06:00:00 PM
- Eurofins E&E and ETS-Lindgren Complete Half-Million-Dollar Expansion to Silicon Valley EMC Testing Facility • Business Wire • 02/29/2024 05:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/29/2024 02:16:41 PM
- Eurofins Discovery Introduces Innovative DiscoveryAI SAFIRE: A New AI-Driven Platform for Drug Discovery Trained Using Proprietary Datasets • Business Wire • 02/29/2024 06:15:00 AM
- Eurofins Delivers Strong Margin Improvement and Cash Generation in H2 2023 and Annual Results in Line With Its 2023 Objectives. Remains Confident to Achieve Its 2027 Objectives. • Business Wire • 02/27/2024 06:15:00 AM
FEATURED Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero • May 14, 2024 7:00 AM
VAYK Added New Manager for Expansion into $64 Billion Domestic Short-term Rental Market • VAYK • May 14, 2024 9:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM