Last week we discussed why water is one of the industry’s biggest threats... AND one of investors’ biggest opportunities.
To illustrate the problem, consider that well over 90% of the U.S. onshore produced water generated by the oil and gas industry is disposed into an Underground Injection well (UIC)/salt water...
There is a multi-billion dollar water industry forming before investors' eyes in the oil patch.
It's a huge opportunity for some great capital gains — but changing regulations, and a very attentive mainstream audience questioning business practises which have been in effect for decades, will will make it choppy water...
So much thought and energy is put into getting oil and gas out of the ground, that it can be easy for a lay person to forget about the infrastructure needed to transport these resources to places where they can be sold.
I asked Cory Mitchell to explain two scenarios that could play out in the global energy markets, and what it means for energy investors. Here's Part 1 of his story.
- Keith
The Macro Dilemma
by Cory Mitchell, CMT
Energy investors need to be aware there are two massive macro forces in our...
Energy market analytics company BENTEK Energy said that the Environmental Protection Agency's Cross-State Air Pollution Rule would likely benefit the natural gas industry at the expense of the coal industry.
Canada-based Dundee Securities reiterated its BUY rating for Vero Energy (VRO:TSX) but reduced the company's target share price to C$7.50 from C$8.50.
Toronto-based Cormark Securities reaffirmed its Top Pick recommendation for Pure Energy Services (PSV:TSX) and increased its target price for the company's stock to $14.00 from $13.00.
Canada's National Bank Financial recently told its clients that energy service companies trading near their net tangible book value (NTBV) with low financial leverage are the firms to seek out.
