Free-Alert readers often ask me for an example of a full company report that I prepare for my subscribers onOGIB portfolio stocks. So here is one that I did late last year on a stock that turned out to be my biggest win so far of 2014--Pacific Ethanol, symbol PEIX-NASD.Retail investors didn't understand ethanol in early 2013 when...
American oil production is set for a fast pullback, says Chris Theal, founder and CEO of Canadian energy fund Kootenay Capital.
And that has two important implications
America is now the swing producer in the global oil market.
If the bottom in oil prices wasn’t set Nov. 5, it’s very, very close.
“We...
Many small exploration and production (E&P) companies could still be worthless even if oil prices rise next year according to RBC Capital Markets. RBC’s recent energy note—Surviving The Downdraft--looked at the prospects for 29 US and Canadian small cap stocks.
They are what I call The Zombie Stocks—The Walking Dead. ...
What is “optionality”?
In investing, it’s having a lot of upside with very little downside. I would also call that an asymmetrical trade.
At $45-$50 per barrel oil, most producers no optionality. They can’t grow—or if they can, it’s only by a small amount, like 5-10%.
But I found The Company—with enormous...
Editor's Note: Today's OGIB is my interview with fund manager Chris Theal...
The Big Investing Themes for Kootenay Capital fund manager Chris Theal right now is oil field service companies (OFS), and heavy oil producers.
Driving these two themes are:
1. Liquid Natural Gas (LNG) in North America
2. The huge growth in...
By Scott McLeod
Contributing Editor
(Note: Click here for Part I of this article)
The Company That's Shaping Up To Be the Next Big Player in the Oil Sands
STP’s Properties (before the North Peace acquisition)
Financials
- $65M cash in the bank,
- $55M undrawn credit line
- Debt: ZERO (NOTE that STP had $50M...