Managing Partner, VRS (Valuation & Research Specialists)

VRS (Valuation & Research Specialists)

Managing Partner

Valuation & Research Specialists (VRS) is a boutique financial advisor with more than 17 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Greece.

Since 2002, VRS has completed more than 200 engagements in the areas of business valuation and financial analysis for more than 100 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

Boutique Financial Advisor

Commodities

<ul><li>According to Graph 1, during the period September 10th, 2024 – October 14th, 2024, the price of crude oil futures followed an upward momentum amid fluctuations.</li><li>The first sub-period started on September 10th , in this space, there was a notable increase in the price of the commodity until September 20th when the trend reversed, leading to a slight downward movement.</li><li>After the short drop of the price, an upward momentum started, lasting for the whole of the remaining period, with the commodity reaching the price of 77.14 on its highest point. </li></ul>

According to Graph 1, during the period September 10th, 2024 – October 14th, 2024, the price of crude oil futures followed an upward momentum amid fluctuations.The first sub-period started on September 10th , in this space, there was a notable increase in the price of the commodity until September 20th when the trend reversed, leading to a slight downward movement.After the short drop of the price, an upward momentum started, lasting for the whole of the remaining period, with the commodity reaching the price of 77.14 on its highest point. 

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

<ul>
<li>For the week ending 25/Oct, US crude inventories fell by 0.5m barrels, against expectations of a 1.5m barrel increase. Gasoline stocks also bucked forecasts of a build. </li>
<li>US natural gas inventories rose 78 Bcf for the week ending 25/Oct, marginally lower than analyst expectations of a 79 Bcf buildup. Inventories are 4.8% above the 5-year seasonal average.</li>
<li>Shell and Chevron exceeded both revenue and EPS estimates, while Exxon and BP topped EPS but missed on revenue. TotalEnergies beat revenue expectations but fell short on EPS.</li>
</ul>


For the week ending 25/Oct, US crude inventories fell by 0.5m barrels, against expectations of a 1.5m barrel increase. Gasoline stocks also bucked forecasts of a build. 
US natural gas inventories rose 78 Bcf for the week ending 25/Oct, marginally lower than analyst expectations of a 79 Bcf buildup. Inventories are 4.8% above the 5-year seasonal average.
Shell and Chevron exceeded both revenue and EPS estimates, while Exxon and BP topped EPS but missed on revenue. TotalEnergies beat revenue expectations but fell short on EPS.


[ETP 2024/44] WTI Rallies on Healthier Demand Outlook; Henry Hub Stumbles Under Weather Woes

<ul>
<li>WTI futures rose 4.5% for the week ending 25/Oct, as escalating Middle East tensions and Chinese stimulus measures more than offset the larger-than-expected build in US crude inventories.</li>
<li>WTI options Put/Call volume ratio increased to 0.80 from 0.52 last week (18/Oct), as call volume dropped by 38.2% WoW and put volume fell by 3.6%.  </li>
<li>WTI OI PCR remained unchanged at 0.74 (25/Oct) compared to last week. Call OI grew by 3.3% WoW, while put OI rose by 4.0%.</li>
</ul>


WTI futures rose 4.5% for the week ending 25/Oct, as escalating Middle East tensions and Chinese stimulus measures more than offset the larger-than-expected build in US crude inventories.
WTI options Put/Call volume ratio increased to 0.80 from 0.52 last week (18/Oct), as call volume dropped by 38.2% WoW and put volume fell by 3.6%.  
WTI OI PCR remained unchanged at 0.74 (25/Oct) compared to last week. Call OI grew by 3.3% WoW, while put OI rose by 4.0%.


[US Crude Oil Options Weekly 2024/43] WTI Rose on Renewed Middle East Tensions and Chinese Stimulus

<ul>
<li>The US oil and gas rig count remained unchanged at 585 for the week ending on 25/Oct, after falling by one the week prior.</li>
<li>In October, US rig count fell by two, with oil rigs falling by four and gas rigs rising by two, following a four-rig gain (oil +1, gas +3) in September.</li>
<li>For the week ending 25/Oct, US energy producers added one rig each in New Mexico, Oklahoma, and Ohio, while cutting two rigs in Louisiana and one in Pennsylvania.</li>
</ul>


The US oil and gas rig count remained unchanged at 585 for the week ending on 25/Oct, after falling by one the week prior.
In October, US rig count fell by two, with oil rigs falling by four and gas rigs rising by two, following a four-rig gain (oil +1, gas +3) in September.
For the week ending 25/Oct, US energy producers added one rig each in New Mexico, Oklahoma, and Ohio, while cutting two rigs in Louisiana and one in Pennsylvania.


US Rig Count Holds Steady as Gas Rig Rise Offsets Oil Drop

<ul>
<li>For the week ending 18/Oct, US crude inventories increased by 5.5m barrels, exceeding expectations of a 0.8m barrel build. Gasoline stocks defied expectations of decline while distillate inventories fell lesser-than-expected.  </li>
<li>US natural gas inventories rose 80 Bcf for the week ending 18/Oct, higher than analyst expectations of an 61 Bcf buildup. Inventories are 4.6% above the 5-year seasonal average.</li>
<li>Schlumberger missed revenue estimates by 1.2% but beat EPS forecasts by 0.6%, prompting analysts to cut target prices. Meanwhile, Saudi Aramco's CEO anticipates improved Chinese oil demand post-stimulus.</li>
</ul>


For the week ending 18/Oct, US crude inventories increased by 5.5m barrels, exceeding expectations of a 0.8m barrel build. Gasoline stocks defied expectations of decline while distillate inventories fell lesser-than-expected.  
US natural gas inventories rose 80 Bcf for the week ending 18/Oct, higher than analyst expectations of an 61 Bcf buildup. Inventories are 4.6% above the 5-year seasonal average.
Schlumberger missed revenue estimates by 1.2% but beat EPS forecasts by 0.6%, prompting analysts to cut target prices. Meanwhile, Saudi Aramco's CEO anticipates improved Chinese oil demand post-stimulus.


[ETP 2024/43] WTI Rebounds as Middle East Conflict Escalates; Henry Hub Rises on Improving Demand

United States

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Crude Oil (CL1 COM COMDTY)

Crude Oil WTI Futures - October 14, 2024

According to Graph 1, during the period September 10th, 2024 – October 14th, 2024, the price of crude oil futures followed an upward momentum amid...

VRS (Valuation & Research Specialists)

[ETP 2024/44] WTI Rallies on Healthier Demand Outlook; Henry Hub Stumbles Under Weather Woes

US crude and gasoline inventories defy expectations, while natural gas storage sees above normal increase. Shell & Chevron outperform revenue and...

Mint Finance

[US Crude Oil Options Weekly 2024/43] WTI Rose on Renewed Middle East Tensions and Chinese Stimulus

WTI ended the week higher amid escalating Middle East tensions and additional stimulus measures from China to support its slowing economy. The...

Mint Finance

US Rig Count Holds Steady as Gas Rig Rise Offsets Oil Drop

For the week ending 25/Oct, the US rig count remained unchanged at 585. Oil rigs fell by 2, while gas rigs rose by 2. US oil and gas reduced 2 oil...

Mint Finance

[ETP 2024/43] WTI Rebounds as Middle East Conflict Escalates; Henry Hub Rises on Improving Demand

US crude inventories surged, natural gas inventories rose, Schlumberger missed revenue but beat EPS, Saudi Aramco CEO optimistic about Chinese oil...

Mint Finance

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Crude Oil WTI Futures - October 14, 2024

According to Graph 1, during the period September 10th, 2024 – October 14th, 2024, the price of crude oil futures followed an upward momentum amid...

VRS (Valuation & Research Specialists)

[ETP 2024/44] WTI Rallies on Healthier Demand Outlook; Henry Hub Stumbles Under Weather Woes

​US crude and gasoline inventories defy expectations, while natural gas storage sees above normal increase. Shell & Chevron outperform revenue and...

Mint Finance

[US Crude Oil Options Weekly 2024/43] WTI Rose on Renewed Middle East Tensions and Chinese Stimulus

WTI ended the week higher amid escalating Middle East tensions and additional stimulus measures from China to support its slowing economy. The...

Mint Finance

US Rig Count Holds Steady as Gas Rig Rise Offsets Oil Drop

For the week ending 25/Oct, the US rig count remained unchanged at 585. Oil rigs fell by 2, while gas rigs rose by 2. US oil and gas reduced 2 oil...

Mint Finance

[ETP 2024/43] WTI Rebounds as Middle East Conflict Escalates; Henry Hub Rises on Improving Demand

​US crude inventories surged, natural gas inventories rose, Schlumberger missed revenue but beat EPS, Saudi Aramco CEO optimistic about Chinese oil...

Mint Finance

US crude and gasoline inventories defy expectations, while natural gas storage sees above normal increase. Shell & Chevron outperform revenue and...

US crude inventories surged, natural gas inventories rose, Schlumberger missed revenue but beat EPS, Saudi Aramco CEO optimistic about Chinese oil...