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...
This isn’t a situation where there is a question of if; in fact there isn’t even a question of when.
The BIG TRADE of 2015 is happening now.
Right now there is a group of companies that are generating huge windfall-like cash flows every day—due to low WTI oil prices in the US. The longer oil prices stay low the more...
The 49th parallel isn't just a border between Canada and the United States. It also represents an important line for the amount of debt investors are willing to tolerate in their energy producers.
Investors and CEOs have both learned the hard way. Canadian producers with more than 2X debt to...
New accounting rules in Canada are looser than before, making it harder for investors in oil and gas to understand their investments, and also more of a pain for Canadian companies to raise money in the United States.
That's the conclusion I've come to after interviewing industry executives and national...
By: Bill Powers
Valuing public companies is a black art.
Analysts use many metrics, and when delivering a final price target on a stock, use the average of several methods—cash flow multiple, Net Asset Value and the esoteric “management premium”.
But I want to suggest to investors that right now, one of...
OGIB BULLETIN # 143 DECEMBER 3 2013PACIFIC ETHANOL – PEIX-NASD
COMPANY ANALYSIS - Part two
Below is Part II of my full OGIB Subscriber Report on Pacific Ethanol (PEIX-NASD). Part 1 was published Saturday, which you can read HERE. My goal is to help Free Alert Readers understand the level of research I put...
Fosterville South Exploration Ltd. (FSX:TSXV) is the newly listed junior that owns the ground
Due south
on the same fault
with the same geochemical and geological signatures
as the highest grade, lowest cost mine in the world today – Kirkland Lake Gold’s (KL:NYSE/TSX) Fosterville Gold Mine in south-central Australia.It’s a huge land package — totalling...
The Coming Energy Infrastructure Overcapacity Glut
October 1, 2015
By: Bill Powers
When free money is thrown at any part of the energy industry for a long enough length of time, the natural boom bust cycle can be taken to extremes and massive distortions can develop.
Due to unprecedented access to all forms...