A Six Percent And Growing Royalty On Surging Permian Production At this point I’m sure you are familiar with charts like the one below. This chart shows where production in the Permian Basin is going over the next four or five years. This is the chart from one analyst.  I can show...
Great Investors Share One Trait – They Wait For The Fat Pitch (Exactly Like This One) If you want to be a really good investor, you need to be able to do one thing really well: Sit on your hands and do nothing. It sounds easy, but it is the hardest thing...
What’s the most un-sustainable part of the global energy complex? Maybe you would say co-ordinated OPEC production cuts. Or perhaps you would bring up high growth rates of shale producers. If you talked about the lack of free cash flow among shale producers you would be getting warm… But for me, when I...
Investors don’t need to hire Sherlock Holmes to help them see what it did to the balance sheet of Cenovus (CVE-NYSE/TSX) after spending $17.7 billion to buy most of Conoco-Phillips (COP-NYSE) Canadian assets this week. It’s a whopper of a deal. In total what is being acquired adds 298,000 BOE/day of...
I found the Holy Grail of Energy Stocks. No more volatility.  No more ups and downs.  No more trading. Just a secure, certain dividend stream that I think will grow every year--for the next 14 years. In fact, it might even get increased a couple times a year. How do I know this? ...
Investors are trained by analysts and management to talk about oil prices when looking at energy stocks. But that’s a misnomer; a mistake even—especially in the United States, where the hydrocarbon geology is deeper and gassier than Canada.  And natural gas is worth a lot less than oil. Investors sadly pay...
THREE THEMES TO CHANGE YOUR ENERGY VIEWS Why Oil and Natural Gas Should Both Be Stronger To 2020 What happens to oil prices if OPEC does not co-ordinate a cut in oil production?  What happens to natural gas prices if Old Man Winter doesn't show up again this year? Energy strategist Dan...
Peabody Coal (BTUUQ-NYSE) is a CRAZY, HIGH-RISK trade.  This stock was up 600% this week at one point on Friday.  But it could literally be worth almost zeroon Wednesday morning, after they report their quarterly. But it could also be on the way to $43, as I'll explain. Peabody Coal’s stock is already...