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Jared Scharf, CEO, Desert Gold Ventures Inc.

Jared Scharf
CEO | Desert Gold Ventures Inc.
4770 72nd St,, V4K 3N3 Delta (CAN)

jared.scharf@desertgold.ca

Desert Gold Ventures CEO Jared Scharf on West Africa and its potential


Stephan Dorfmeister, Finance Department, Deep Nature Project GmbH

Stephan Dorfmeister
Finance Department | Deep Nature Project GmbH
Untere Hauptstraße 168, 7122 Gols (AT)

office@deep-nature.at

+43 681 10139055

Like Aurora Cannabis and Canopy Growth, Deep Nature Project GmbH focuses on value chain


Alison Coutts, Executive Chairman, Memphasys Ltd.

Alison Coutts
Executive Chairman | Memphasys Ltd.
30 Richmond Road, 2140 Homebush West (AUS)

alison.coutts@memphasys.com

+61 2 8415 7300

Memphasys Executive Chairman Alison Coutts on in vitro fertilisation (IVF)


19. June 2020 | 07:42 CET

BP, Saturn Oil & Gas, Shell - China's oil imports at new record high

  • Oil

The Corona Pandemic has turned the world upside down in many areas in recent months. The energy sector has not been able to escape the changes. First the demand for crude oil collapsed and then production was cut back. In the meantime, restrictions around the globe are being eased again and there are still opportunities to position oneself to benefit from the post-Corona upswing. The habits of the population in big cities have changed. Public transport is being avoided due to the risk of infection and instead cars are being moved more. In China, an average of 11.34 million barrels of crude oil were imported per day in May 2020. This record value exceeds the previous record from November 2019 by around 160,000 barrels per day.

time to read: 1 minutes by Mario Hose


 

Good Canadian oil

In a modern society, the origin of crude oil will become increasingly important. In Canada, human rights are respected and the environment is protected. The young Canadian oil producer Saturn Oil & Gas also attaches importance to compliance with ESG guidelines. The company completed the year 2019 profitably and was already able to announce a profit for the first quarter of 2020.

A new management team took the helm in 2017 and realigned the company. Since then, over 30 horizontal wells have been drilled in the Viking Formation in western Saskatchewan. The Company recently announced that it is currently focusing on acquisitions. In March 2020, Jim Payne, CEO of the cleantech company dynaCERT, joined the Board of Directors of Saturn Oil & Gas. Another step towards environmental protection and sustainability. It can be observed that Payne, as an insider, continues to expand his position at Saturn through share purchases. Those who bought the company's shares three years ago are currently looking at a price gain of 36%.

Global player with tradition

The oil producer BP is one of the world's heavyweights and has a market value of EUR 75.7 billion. The company pays dividends to its shareholders and was recently rated as a ''buy'' by the analysts of Goldman Sachs and UBS. However, the share price has fallen by 33% over the past 36 months. The experts' assessment is probably not inconvenient.

Dividend cut after 75 years

At the beginning of 2020, Shell was still pursuing a share buyback programme. However, in connection with the fall in the price of crude oil, the purchase of own shares was suspended in order to preserve the company's liquidity reserves. Shell currently has a market value of EUR 117.9 billion. In the past three years, the shares have lost over 36% of their value. Moreover, the reduction in dividends after 75 years is unlikely to have caused much enthusiasm.


Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold shares in the aforementioned companies and that there may therefore be a conflict of interest. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

03. June 2020 | 10:02 CET

BP, Saturn Oil & Gas, Shell - Revenue and profit increase significantly

  • Oil

The oil price continues to gain momentum and is still trading around 40% below the January 2020 level, and now the right stocks are in the spotlight. In addition to the well-known major oil producers such as BP and Shell, there are also successful producers who are not yet so well known, but who certainly have potential. Last night the young Canadian oil producer Saturn Oil & Gas published the results of the past fiscal year. Due to the Corona Pandemic, the company had postponed the release, which is currently nothing special and is officially made possible by an extended deadline.

Read

19. May 2020 | 15:56 CET

BP, Chevron, ENI, Saturn Oil & Gas, Shell, Total - what investors need to know now

  • Oil

About a month ago, market participants around the world learned that the end of a price slide does not have to end at zero on the expiry date of WTI contracts. Anyone who thought that a barrel of American WTI at USD 0.01, which is 159 litres of crude oil, would be a special bargain on the expiration date and took the chance was taught an expensive lesson. The expiration date of 20 April 2020 will go down in history with an initial negative settlement price of USD -37.63. The USA is known to be the land of opportunity and this seems to be another chapter.

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11. May 2020 | 08:42 CET

BP, Crescent Point, Saturn Oil & Gas, Shell - the 300% chance of the billionaire?

  • Oil

When renowned financial institutions and billionaires have an opinion, it is often heard in the market, especially when it does not correspond to the current mainstream. The more established the name or the bigger the bank account, the more weight this opinion carries with investors. In recent weeks, the oil price has become a plaything for politicians. The decline in demand for crude oil in connection with the restrictions imposed to contain the spread of the corona pandemic, coupled with inconsistencies within the OPEC+ cartel, have even pushed the futures for WTI oil into negative territory on its expiration date in April. This is an unprecedented situation, which is also a foundation for the creation of new wealth. Billionaire Naguib Sawiris and JP Morgen agree on the price trend and expect high potential.

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