Dan Steffens – Oil and Natural Gas Update; Price Forecasts, Portfolio Strategies, Hemisphere Energy and Civitas Resources Overviews

December 13, 2023

Dan Steffens, President of the Energy Prospectus Group joins me to provide his price forecasts for oil and natural gas. After both have fallen significantly over the past 1-2 months we discuss the macro drivers behind these moves. On the oil front we recap recent OPEC policy statements and the growth in US production.


We also drive down into the stocks with Dan sharing how he manages his energy portfolio in times of lower or declining energy prices. It’s all about focusing on high dividends that are sustainable. Two companies Dan highlights as having strong growth pipelines are Hemisphere Energy and Civitas Resources. 


Click here to visit the Energy Prospectus Group website to follow along with Dan’s market outlooks.

    Dec 13, 2023 13:58 PM

    Now is the time where Santacruz silver will start to get re-rated higher. A lot of investors on this site have been holders of this stock for a long time. I’m sure Cory and Ex have reached out to them many times for an interview, but they have probably been too busy to respond. Maybe it will happen at some point, but I feel confident that Santacruz’s share price will finally get the traction I have been so patiently waiting for. DT

    Dec 13, 2023 13:16 PM

    Always look forward to hearing from Dan Steffens – one of your best guests. Starting to pick up some oversold tax-loss names.

    Dec 13, 2023 13:18 PM

    XOP (MS-4) and XLE (MS-5) have bottomed strongly.
    PMs may have turned. NatGas tomorrow?

      Dec 14, 2023 14:43 AM

      PMs have turned. NatGas too?

        Dec 14, 2023 14:25 PM


    Dec 13, 2023 13:25 PM

    NG held support today and is daily oversold but I’m not sure it’s close to an important low.

    Dec 13, 2023 13:35 PM

    XOP looks slightly bullish vs gold here but that will change with tomorrow’s close.

    Dec 13, 2023 13:38 PM

    Here’s a PSA. If I owned URNM I’d sell 100% of it tomorrow morning.

    Dec 14, 2023 14:23 AM

    weekly /NG…Gird up…the promising price point is near the swing of 1.44 low june 2020…RETEST…..February 2024…..Then all hell breaks loose in BOIL land..glta

      Dec 14, 2023 14:01 AM

      by and by…the talking heads i follow believe next year is an epic correction year…..will war and rumors of (the blame game) ignite the /NG market….the chart says it is very possible…to me anyways…glta