The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
Key Buy in the Sector
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MARK FLETCHER, CITI
(05/28/2010)
"Shell has announced a material increase in its U.S. shale gas position—Shell has added around 1.3 million acres of North American tight gas acreage in 2010 and added >2.7 billion boe of resources, materially increasing its previous 3.7 billion boe position. East Resources is a major low cost addition—Shell announced today that it is paying $4.7 billion to acquire East resources, a private company with a resource base of around 14tcf. This equates to a price of around $4,500/acre for the overall position or $7,200/acre for the Marcellus acreage ignoring the value of any other properties. In terms of resources Shell is paying around $0.34/mcf which looks attractive against recent transactions. . .Shell remains a key buy in the sector. Our thesis on Shell remains that the group is now past the peak in its recent investment cycle and that as capital comes into service annual free cashflow should increase by around $26 billion 2013 on 2009." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >