slowasturtle
Posted - 1 day ago
$SDPI no movement.
davooo
Posted - 1 day ago
$SDPI From OilPrice: According StanChart and their model, the fastest rate of stock draws in the first half of 2024 should happen in May and June, essentially meaning that we are now entering a key period for oil fundamentals that will determine whether the market will tighten further or disappoint. StanChart says the key metric to watch is global oil demand, which they have predicted will hit an all-time high of 103.1 mb/d in May and rise further to 103.8 mb/d in June. The analysts have forecast y/y demand growth at 1.62 mb/d in May and 1.74 mb/d in June. 🥱
davooo
Posted - 1 day ago
$SDPI From OilPrice: The oil and gas outlook appears more bullish on a global scale. According to commodity analysts at Standard Chartered, oil supply and demand balances show a significant tightening in the current year, a sharp contrast to large surplus conditions of early 2023. StanChart’s model shows a cumulative global stock draw of 189 million barrels (mb) in H1-2024 compared to a build of 218 mb recorded over last year’s corresponding period which overhung the market and flattened forward price curves.
StanChart’s model shows a cumulative global stock draw of 189 million barrels (mb) in H1-2024 compared to a build of 218 mb recorded over last year’s corresponding period which overhung the market and flattened forward price curves.🙏
ButterCapital
Posted - 04/30/24
$SDPI aint too bad🐂
Dtrctd13
Posted - 04/30/24
$SDPI $SEUSF wow just wow
Bigeyes2
Posted - 04/29/24
$SDPI cup and handle
TomMac64
Posted - 04/29/24
$SDPI This is a beast !
rrey21
Posted - 04/29/24
$SDPI Keep it going. Let's go $DTI! Need you at $25.
davooo
Posted - 04/26/24
$SDPI From OilPrice; Oil prices are set to post a gain this week as a combination of inventory declines, a slowdown in U.S. manufacturing, and escalating tensions in the Middle East boost bullish sentiment.
Investor sentiment and behavior, particularly from hedge funds and other money managers, significantly influenced the oil market trends. Over the past week, there was a notable shift in positions, as evidenced by movements in futures and options contracts. Fund managers increased their net long positions in Brent crude, indicating a bullish outlook on potential supply disruptions due to Middle Eastern tensions. However, the sentiment was not uniformly bullish across all petroleum markets. 🍞
davooo
Posted - 04/25/24
$SDPI From OilPrice: Positive notes for the bulls coming from StanChart, as they forecast that global oil demand will pick up strongly in May and June, exceeding 103 mb/d for the first time in May (at 103.15 mb/d), increasing further in June to 103.82 mb/d. The commodity experts have predicted global inventory draws of 1.53 mb/d in May and 1.69 mb/d in June, tightening physical spreads significantly. StanChart also says that OPEC is unlikely to increase output in the near-term thanks to the stall in the oil price rally despite having room for at least 1 mb/d of extra OPEC output in Q3 without increasing inventories. 😉
illini82
Posted - 04/24/24
$HSON $RLBY $STRR you missed one, $SDPI; he was buying up shares under a $1
davooo
Posted - 04/20/24
$SDPI From OilPrice: “During the quarter, we continued to benefit from our favorable exposure to the international markets, with remarkable year-on-year growth of 29% in the Middle East & Asia, in addition to growth of 18% in Europe & Africa,” Le Peuch added.
Following an “exciting start to the year”, SLB expects growth momentum to continue, the executive noted.
“The oil and gas industry continues to benefit from strong market fundamentals driven by a growing demand outlook. This is resulting in a significant baseload of activity, particularly in the international and offshore markets, closely aligned with the strengths of our business,” Le Peuch said.
😂
ChiefOG
Posted - 04/19/24
$SDPI green here again
davooo
Posted - 04/19/24
$SDPI The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, for an increase of 2.
The total rig count fell by 2 to 619 this week, compared to 753 rigs this same time last year.
The number of oil rigs rose by 5 this week. Oil rigs now stand at 511--down by 80 compared to this time last year. The number of gas rigs fell by 3 this week to 106, a loss of 53 active gas rigs from this time last year. Miscellaneous rigs stayed the same at 2.
💐
TomMac64
Posted - 04/19/24
$SDPI
davooo
Posted - 04/18/24
$SDPI The EIA is the most bullish on long-term oil demand, and has predicted a demand peak will come in 2050 while the OPEC Secretariat sees it coming five years earlier. Meanwhile, Standard Chartered has predicted global oil demand will hit 110.2 mb/d in 2030 and increase further to 113.5 mb/d in 2035. However, the commodity experts have not projected a demand peak beyond the end of their modeling horizon in 2035. According to StanChart, a structural long-term peak is very unlikely within 10 years 🏃
rrey21
Posted - 04/17/24
$SDPI What a tease 🤬
slowasturtle
Posted - 04/17/24
$SDPI Can someone please please enlighten me about the buy out. The offering is $1. How is this going to work?
slowasturtle
Posted - 04/17/24
$SDPI I thought I was the only one holding the stock, since I did not see any comments until now....Phewwww
RETAlerts
Posted - 04/17/24
$SDPI at 1.304 is starting to show some signs of a stronger breakout, we can see a couple of zones ahead that need to be broken, now up 10% since our first mention. (15 minute delay)
Neo25
Posted - 04/17/24
$SDPI ...congrats to all that held.
VrtcIl
Posted - 04/17/24
$SDPI still gaining momentum towards 2$. The strong trend is supported by consistent greater highs and greater lows, with notable volume signaling increased buying interest. Price: 1.3 Float: 11.3M Short Float: 0.4 % 💰 Dollar Volume: 6.8K ℹ️ USA | Oil & Gas Equipment & Services
rrey21
Posted - 04/17/24
$SDPI Finally back in green. 47k shares at 1.26. Let's fucking go!
slowasturtle
Posted - 04/17/24
$SDPI what is happening here?
davooo
Posted - 04/17/24
$SDPI From OilPrice: Despite the IEA’s continued efforts to draw attention to the dire state of the energy industry and the need to make an imminent shift away from fossil fuels in favour of green alternatives, governments and private companies have continued to fund oil, gas and coal projects. Some are doing this because they view fossil fuels as necessary for energy security and others are doing it for the high revenues that oil and gas bring to the table. 🐰
davooo
Posted - 04/13/24
$SDPI From OilPrice: The U.S. expects to hit more record highs The U.S. expects to hit more record highs for crude production in 2024 and 2025, according to the U.S. Energy Information Administration (EIA). By the end of the year, U.S. oil production is expected to increase by 290,000 bpd to 13.21 million bpd. The government expects to continue to produce near-record levels of oil and gas up to 2050, which will produce a massive amount of greenhouse gas emissions. This strategy appears to be at odds with Biden’s ambitious climate pledges and could put Paris Agreement targets at risk on a global level. for crude production in 2024 and 2025, according to the U.S. Energy Information Administration (EIA). By the end of the year, U.S. oil production is expected to increase by 290,000 bpd to 13.21 million bpd. The government expects to continue to produce near-record levels of oil and gas up to 2050.☝️
davooo
Posted - 04/12/24
$SDPI From OilPrice: "THIS SUCKS"
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday, falling by 3. U.S. drillers saw a total loss of rigs this year of 5.
The total rig count fell by 3 to 617 this week, compared to 751 rigs this same time last year.
☝️
slowasturtle
Posted - 04/12/24
$SDPI no new news but the stock in inching.
davooo
Posted - 04/08/24
$SDPI From OilPrice: Another interesting development: even the bears now recognize the energy sector’s momentum. To wit, Morgan Stanley remains pessimistic about the U.S. stock market overall; however, MS has upgraded energy stocks to overweight from neutral, noting that energy companies have lagged the performance of oil, and the sector remains favorably valued. With a PE ratio of 13.4, the U.S. energy sector is the cheapest of the 11 market sectors.
However, the most important catalyst working in favor of the energy sector is robust market fundamentals. Commodity analysts at Standard Chartered have reported that fundamentals in the oil markets remain strong and can support Brent prices in the $90s. According to StanChart, there’s ample room for OPEC to increase output in Q3 without either causing inventories to rise or prices to weaken.
❤️
