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: 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
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/23/2024 10:26:58 PM
- Enerplus Announces an 8% Increase to its Quarterly Cash Dividend for March 2024 • PR Newswire (Canada) • 02/21/2024 10:45:00 PM
- Enerplus Announces Fourth Quarter and Full Year 2023 Financial and Operating Results • PR Newswire (Canada) • 02/21/2024 10:38:00 PM
- Enerplus Announces 2023 Year End Reserves Results • PR Newswire (Canada) • 02/21/2024 10:31:00 PM
- Eurofins MET Labs Recognized for Instrumental Support in Intuitive Machines’ IM-1 Lunar Mission • Business Wire • 02/20/2024 02:00:00 PM
- Eurofins: Purchases of Own Shares from the 12th to the 14th of February 2024 • Business Wire • 02/19/2024 04:45:00 PM
- Eurofins Scientific SE: Purchases of Own Shares from the 5th to the 9th of February 2024 • Business Wire • 02/12/2024 04:45:00 PM
- Eurofins Scientific SE: Disclosure of Total Number of Voting Rights and Number of Shares in the Capital at 31 January 2024 • Business Wire • 02/07/2024 05:18:00 PM
- Eurofins: Purchases of Own Shares From the 29th of January to the 2nd of February 2024 • Business Wire • 02/05/2024 04:45:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/02/2024 06:51:26 PM
- Eurofins Environment Testing in Sacramento, CA in Partnership with EPA Region 10 and EPA’s Office of Water Published Draft Method 1634, an Analytical Procedure to Test for 6PPD-Quinone in Surface and Stormwater • Business Wire • 02/02/2024 02:30:00 PM
- Eurofins: Purchases of Own Shares From the 22th of January to the 26th of January 2024 • Business Wire • 01/29/2024 04:45:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/25/2024 10:20:13 PM
- Enerplus Provides Fourth Quarter & Operational Update; Full-Year Results & Reserves to be Released February 22 • PR Newswire (Canada) • 01/25/2024 10:05:00 PM
- Eurofins: Purchases of Own Shares From the 15th of January to the 19 of January 2024 • Business Wire • 01/22/2024 04:45:00 PM
- Eurofins CDMO Alphora Inc. Announces the Completion of a New Pilot Scale Biologics Development Facility • Business Wire • 01/17/2024 03:00:00 PM
- Eurofins: Purchases of Own Shares From the 12th of January 2024 • Business Wire • 01/15/2024 04:45:00 PM
FEATURED Elevai Labs Launches E-commerce Portal to Support Rapid Growth as Stem Cell Exosome Disruptor in the $19.7 Billion Global Physician Dispensed Cosmeceutical Market • Mar 18, 2024 8:51 AM
FEATURED Prospera Energy Inc. Announces a 508% increase in the 2023 Proven Developed Producing (PDP) Reserve Valuation • Mar 18, 2024 8:09 AM
Greenlite Ventures Enters into Strategic Alliance with Woodway USA • GRNL • Mar 15, 2024 4:00 PM
HealthLynked Welcomes David Rosal as New Chief Financial Officer • HLYK • Mar 13, 2024 8:00 AM
ECGI Holdings, Inc. Announces Continued Efforts in Financial Optimization • ECGI • Mar 13, 2024 8:00 AM
PSYC Begins Business Overhaul Process with Consolidation of 10 Previously Issued Convertible Debentures • PSYC • Mar 13, 2024 7:13 AM