Close menu




November 27th, 2023 | 07:10 CET

ExxonMobil, Prospera Energy, Deutsche Rohstoff AG - New opportunities in the supercycle

  • Mining
  • Oil
  • renewableenergies
  • Energy
Photo credits: pixabay.com

After a sharp rise of around 30% to an annual high of USD 95.50 for the US West Texas Intermediate, black gold entered a correction and has since lost about 20% in value. Even events like the Hamas attack on Israel and OPEC+ production cuts were unable to halt the current decline. From a technical chart perspective, this appears to be a normal correction. In the long term, oil is expected to reach new highs with the next upward movement. JP Morgan, for instance, issued an updated price target of USD 120 per barrel as recently as September.

time to read: 4 minutes | Author: Stefan Feulner
ISIN: EXXON MOBIL CORP. | US30231G1022 , PROSPERA ENERGY INC. | CA74360U1021 , DT.ROHSTOFF AG NA O.N. | DE000A0XYG76

Table of contents:


    ExxonMobil focuses on electromobility

    Although profits from black gold continue to flow, the US oil company is looking for alternatives in green technologies. ExxonMobil sees itself as one of the suppliers of electromobility in the future. The Company is entering uncharted territory with the acquisition of drilling rights for a lithium deposit. According to Exxon, the 48.5-hectare site in the south of the US state of Arkansas is believed to contain large lithium deposits; in a press release, the management even speaks of "one of the most productive lithium resources of its kind in North America."

    Exxon's long-term plan is to become a leading producer of lithium in order to contribute to energy security and play a key role in the energy transition in the United States. The first lithium production is planned for 2027. By 2030, ExxonMobil aims to be responsible for well over 1 million battery-powered vehicles with its lithium production. According to the US company, talks are already underway with customers such as electric car manufacturers and battery producers.

    Due to the current correction in the oil market, Exxon shares lost around 15% from their high for the year to USD 104.57. A total of 26 analysts on "Refinitiv" currently see an average price target of USD 128.

    Prospera Energy - Significant momentum

    The oil producer Prospera Energy, listed on the TSX Venture, the US OTC Market and the Frankfurt Stock Exchange, is still relatively unknown and has a market capitalization of CAD 35.85 million. The focus of oil production is on properties such as Cuthbert, Luseland and Heart Hills in Saskatchewan and Red Earth and Pouce Coupe in Alberta, Canada. The potential is almost inexhaustible, with an estimated half a million barrels of oil equivalent (BOE) still in the ground.

    Production currently stands at 1,100 BOE per day but is set to increase exponentially through optimization. Samuel David, who has been CEO since the summer, has already achieved significant success with his optimization plan. Production costs per barrel have fallen from USD 38.00 to as low as USD 30.00. In addition, following the successful completion of the first phase of the restructuring plan, the net present value of the properties was increased to CAD 72 million.

    In mid-November, Prospera Energy resumed the second phase of development of the horizontal infill drilling program with the sixth horizontal well. The first 5 horizontal wells drilled were above the estimated curve, and production in the first 60 days has exceeded expectations. In addition, the conversion of the vertical wells to horizontal infill wells will continue through the winter until the onset of spring thaw weather next year. The dedicated horizontal wells will enable the Company to maintain its momentum and benefit from the continued positive oil price environment.

    In the long term, Prospera plans to implement comprehensive reservoir management in phase three of the restructured development program to optimize production and reduce production decline to ensure consistent production levels. In addition, the acquisition strategy is to be further expanded in order to expand within its core area and to diversify its products. The long-term goal is to produce 50% light oil, 40% heavy oil and 10% gas.

    Deutsche Rohstoff AG - Strong outperformance

    Despite the corrections in the oil sector, with both the North Sea Brent and the US West Texas Intermediate crude oil losing around 20% in value since the beginning of October, the Deutsche Rohstoff AG share has reached a new all-time high of EUR 35.35. Nevertheless, the Mannheim-based company is still clearly one of the more affordable stocks in a peer group comparison. After the estimates for both 2023 and the following year were raised, the price/earnings ratio is below three.

    A positive effect on further development was felt at the specially organized Capital Market Day, at which both CEO Jan-Philipp Weitz and CFO Henning Döring were available to answer questions. The focus was primarily on current business development and the potential of the sites in Wyoming. Since the beginning of 2022, the focus of operating activities has shifted from the already developed areas in Colorado to Wyoming, which is due to the acquisition of around 70,000 acres of leased land and the partnership in the joint venture with Oxy.

    In the past 14 months, 28 new wells have been brought online, 23 of which are in the Niobrara Formation and five in the Turner Formation. 21 of these wells were drilled as part of the joint venture with Oxy. These wells exceeded expectations, averaging approximately 500,000 barrels of oil per well over their lifetime.

    The positive results of these wells were also reflected in the record figures, with sales of EUR 136.6 million and EBITDA of EUR 101.6 million for the last nine months. In addition, the possibility of over 100 further potential wells provides a solid basis for future development in the coming years.


    Despite the correction in the oil markets, the Deutsche Rohstoff AG share reached a new all-time high. Meanwhile, Exxon is focusing on opening a lithium production facility. Prospera Energy is continuing its optimization measures and has made considerable progress.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author



    Related comments:

    Commented by André Will-Laudien on October 17th, 2025 | 07:10 CEST

    E-mobility and hydrogen take off – BYD, Nio, Graphano Energy, and Plug Power in focus!

    • Mining
    • graphite
    • Electromobility
    • Hydrogen
    • Fuelcells
    • renewableenergies

    The German government is resolutely driving forward the transition to e-mobility by 2035 - a clear signal at a time when climate targets and energy dependence are the subject of intense debate. The market for electric vehicles is benefiting from innovations in battery technologies and a growing charging infrastructure. Advances in solid-state batteries, silicon anodes, and new cathode materials are significantly increasing range, performance, and safety. Faster charging times and longer service life are making the switch increasingly attractive for consumers. At the same time, recycling processes and the circular economy are gaining in importance to conserve resources and promote sustainability. With government support and growing competition, enormous opportunities are emerging for manufacturers and investors. But while electromobility is booming, hydrogen is also increasingly becoming the focus of the energy transition as a complementary technology. Investors are free to decide where to invest for the best returns.

    Read

    Commented by Armin Schulz on October 17th, 2025 | 07:05 CEST

    Three stocks, one trend: Jump on the momentum bandwagon with Almonty Industries, AMD, and ASML

    • Mining
    • Tungsten
    • hightech
    • AI
    • semiconductor
    • chips

    The stock market often rewards those who recognize a trend before it becomes mainstream. This is not about short-term speculation, but about identifying companies with strong fundamental tailwinds that can drive prices higher over the long term. This momentum is fueled by structural factors: global technology shifts, geopolitical realignments, and the reorganization of critical supply chains. There is a reason why the saying goes: Go with the flow! Almonty Industries, AMD, and ASML each embody these powerful forces and currently have strong momentum on their side. Let's take a closer look.

    Read

    Commented by André Will-Laudien on October 16th, 2025 | 07:35 CEST

    Gold continues to soar to USD 4,200, critical metals in a panic storm! MP Materials, AJN Resources and Standard Lithium

    • Mining
    • Lithium
    • CriticalMetals
    • Tariffs
    • Commodities
    • Gold

    The US government has declared a state of emergency regarding critical metals. Due to disrupted trade policies with China, Beijing is threatening to halt the supply of key metals and rare earths completely. Will the tariff threats from the Trump administration help? It is doubtful, as China clearly holds the upper hand. Western industrial powers have long understood the stakes. Building domestic mining operations takes time and money, but it is urgently necessary. Investors can benefit from the panic scenarios of recent weeks because commodity markets have been lying in wait for years and are now being hit by an immeasurable flood of money. Where should investors position themselves now?

    Read