It has only been two weeks since the OPEC/non-OPEC meeting and the deal they reached is already outdated.  If you blinked you would have missed it. What has happened is very bullish for oil prices. In case you did miss it…..the agreement that OPEC/non-OPEC came to on June 23rd was...
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I want to tell you about one of the most under-followed subsector in energy: US royalty trusts. This is a very timely introduction and update, because many of them will be announcing their next distribution either Friday July 6, or early in the week of Monday July 9.  I think...
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Early last year, one 10 minute phone call made me $200,000. And the person on the other end of the line was solely instrumental for making me that significant profit. I knew I could rely on my good friend for outside the box thinking.  He had experience in doing what...
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EDITORS NOTE:  I read A LOT of material each morning, and each week–and I’ve been doing this newsletter long enough now to know The Smart Money in the sector.  East Daley is one of those groups.  They focuse on midstream news (pipelines etc), and even though it’s institutional level detail...
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In US oil, high production growth = high valuation.  And the Permian formation in SW Texas has been growing faster than any other basin—which is why Permian stocks were investors’ favourite for the last two years. In the Permian mania, stocks would trade at huge cash flow multiples—making a lot...
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