Auctus Advisors
Stephane Foucaud runs institutional equity research at Auctus Advisors. He co-founded the UK business of FirstEnergy Capital (now part of Stifel Nicolaus Europe) in 2009. Foucaud was a managing director for Equity Capital Markets responsible for European institutional research. Under his tenure, he was consistently highly ranked in the annual Extel survey and was selected as the #1 stock picker in the Energy sector by Thomson Reuters (previously Starmine) in its 2017 analyst awards. Before GMP FirstEnergy, he was a senior oil and gas analyst at Société Générale in London. Foucaud also worked for Schlumberger for seven years in various technical, operational management and corporate strategy roles globally. He holds a Master of Science in Engineering from the National School of Electrical and Mechanical Engineering of Nancy, France; a Master of Science in Exploration Production from the French Petroleum Institute and a Master of Business Administration from INSEAD in France.
Southern Energy Corp. (SOU:TSX.V; SOUTF:OTCQX; SOUC:AIM) recently released first quarter 2025 production of 2,135 barrels of oil equivalent per day. Read on to see how this aligned with Auctus Advisors' exectations.
Taking advantage of the rising U.S. natural gas price, the Canadian company plans to complete three already-drilled wells and drill two new wells this year, noted an Auctus Advisors report.
Production, up slightly in Q2/23, is expected to grow further in H2/23, noted an Auctus Advisors report.