1. DT Midstream has shown impressive growth, leading to solid total returns; 2. Shares have declined and entered bear territory, down 23% from its 52-week high; 3. DTM's valuation is not stretched compared to peers like Enbridge and Hess Midstream, given its strong growth prospects.

1. Permian Resources faced low price realizations in 2024 due to negative Waha prices; 2. The company's free cash flow could see a significant boost with modest increases in natural gas prices; 3. New pipeline projects in 2025 and 2026 should alleviate capacity issues and improve price realizations.

1. Antero Resources mitigates the natural gas price downturn by securing premium prices. 2. Drilling and completion costs have also materially declined. 3. Exporting through Marcus Hook aids in obtaining premium liquids pricing.

1. Range Resources is undervalued with strong free cash flow and a solid balance sheet. 2. The company operates in the Marcellus Basin with low breakeven prices, providing a significant cost advantage. 3. At $4 Henry Hub, the company could generate free cash flow equal to 13% of its market cap, offering potential for aggressive buybacks.

1. International Petroleum is expanding its thermal oil production through the Blackrod Project, expected to peak at 30,000 BOED in 2028. 2. The company has a conservative net debt position and benefits from natural gas production as prices recover. 3. The Blackrod Project, with an estimated cost of $850 million, is nearing completion with first oil expected in 2026.