In today’s briefing:
- Fund Managers Are Long Commodities Again
- Sintana Energy Inc. (TSX-V: SEI)
- Select Water Solutions, Inc. – Free Cash Flow Funds Accretive Growth
Fund Managers Are Long Commodities Again
- Fund Managers Are Long Commodities Again Be careful if you’re heavily long commodities at the moment.
- The Bank of America survey usually always works as a great contra sentiment indicator.
- If fund managers are heavily long commodities – prices tend to top out.
Sintana Energy Inc. (TSX-V: SEI)
- Multiple tests over multiple zones in multiple horizons were run at the Mopane-1X exploration well.
- The flows achieved during the well test reached the maximum allowed limits of 14 mboe/d.
- The flow rate was constrained by the size of the available surface facilities.
Select Water Solutions, Inc. – Free Cash Flow Funds Accretive Growth
- Select Water Solutions provides a suite of solutions to meet the full life cycle water needs of customers in nearly every major producing region in the US.
- In 2023, the Permian region contributed 48% of total revenue.
- Select’s business is segmented in three reportable segments: Water Infrastructure, Water Services, and Chemical Technologies.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
