Share this page!

Josh Young Profile picture
Twitter logo
Mar 6 • 6 tweets • 2 min read
Pantheon stock crashing. Again. $panr
I wrote this in December:
Pantheon Resources: Land Sale Implies Shares May Be Substantially Overvalued
seekingalpha.com/article/456235…
And I wrote this in January:

Pantheon Resources Crashes On Well Result And Cash Burn, But There Is More Downside Potential seekingalpha.com/article/456736…
Some background on my interest in Pantheon, which I have no position in and am not recommending. $panr #charlatan
Another day, another precipitous decline in $panr stock. ✅

Not involved, no recommendation.
Apparently they're STILL disparaging me. I wonder which anonymous accounts touting $panr and attacking me are which "strategic entity" holders 🧐

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Josh Young

Josh Young Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Josh_Young_1

Josh Young Profile picture
Mar 5
Forget Peak Oil Demand: A Thirst for Barrels Puts $100 in View
finance.yahoo.com/news/forget-pe…
"By the second half of the year, analysts say, the market will face a shortage — a scenario that will loom over the industry leaders meeting this week in Houston for CERAWeek by S&P Global, a major annual energy conference."

A shortage of oil? 🤔 bisoninterests.com/content/f/opec…
“My view, short hand, is maybe people are underestimating demand and overestimating US production,” Saad Rahim, chief economist at trader Trafigura Group, said on the sidelines of the International Energy Week conference in London last week.

I agree.
Read 4 tweets
Josh Young Profile picture
Mar 3
Saudi Arabia and U.A.E. Clash Over Oil, Yemen as Rift Grows @wsj wsj.com/articles/saudi…
There's talk of UAE leaving OPEC+. They're one of the few countries with spare oil production capacity. Oil prices are falling on the news, down 2.5% currently.
I'm skeptical. These same @wsj authors have written about this before and it was formally denied. But it is worth watching.
Read 6 tweets
Josh Young Profile picture
Mar 3
Imagine taking about the owners of the company you manage like this:
It’s kind of like going to an ice cream store,” Benioff told Barron’s Andy Serwer. “They’re all different flavors. And they all have different kinds of characteristics. They have different levels of expertise.”
Benioff belittles some of his investors including @VivekGRamaswamy. Ironic considering Vivek's message that Benioff treat the company like a business and not a "platform for social change" barrons.com/articles/sales…
You see this sort of inappropriate behavior by managers and companies around the peaks of cycles. There could be a long way to go down for tech stocks $qqq, particularly for Benioff and $crm. No position in the stock, but I do use a great CRM that's not Salesforce!
Read 5 tweets
Josh Young Profile picture
Mar 1
Journey Energy Inc. Announces $15 Million "Bought Deal" Public Offering of Flow-Through Common Shares

Sounds bad, right? The stock is down, must be bad? Checks notes: "at a price ... of $6.62 per Flow-Through Share" - vs current $5.50. I'll take it. ✅ ca.finance.yahoo.com/news/journey-e…
More thoughts. I own the stock, no recommendation.
Unpopular today, but winning over time. I bought a little more $joy.to today. No recommendation, do not rely.
bisoninterests.substack.com/p/alex-verge-i…
Read 5 tweets
Josh Young Profile picture
Feb 28
Baytex to Acquire Eagle Ford Operator Ranger Oil seekingalpha.com/pr/19145063-ba…
Transaction highlights:

I think step-up in direct returns, accretion on key metrics, and the improvement in the asset level free cash flow break-even are the most important positives of this $bte acquisition of $rngr. I don't own either stock, no recommendation.
Transaction negatives:

1) Dilution of the most economic oil inventory in North America in the core of the Clearwater.

2) private equity overhang with short lockup

3) $$$ for $rocc shareholders but minimal dividend for $bte.to shareholders
Read 9 tweets
Josh Young Profile picture
Feb 28
Baytex Energy nears $2.5B deal to buy Ranger Oil @Reuters
seekingalpha.com/news/3941527-b…
As I was saying recently, small cap oil and gas companies are the most compelling to me here. Canadian midcaps have large followings these days ...
I was bullish Canadian oil and gas stocks when they were very out of favor. Now I'm even more focused on company specifics. Small cap seems to be where it's at, not the specific Canadian geography / trading jurisdiction.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Send Email!

:(