The Kirkland Lake Gold (KL:NYSE/TSX) success story is exactly why intelligent speculators like you and I love the junior resource sector.In most sectors a really great stock doubles over a couple of years. In the mining sector, a great stock is a 10-bagger over a couple years. ...
Uber’s losses keep growing… and this tiny company is sucking up all that cash
Uber lost $5.2 billion last quarter — and the CEO says they may NEVER make money.
Uber’s main competitor, Lyft, is also losing money. In fact, NONE of the major rideshare brands—in Asia, Europe or the Americas—make...
One of the strangest junior energy stories listed in Canada may become one of the best in late 2019.
Newport Explorations (NWX-TSXv) holds a 2.5% gross overriding royalty on several oil and gas permits in Australia, that are operated by Beach Energy and Santos Ltd.; both are major Aussie oil...
Oil moved up sharply at the end of last week--so maybe now the media will start paying attention to a fact it has so far ignored--the fact is that U.S. oil demand has SOARED in 2015.
The sheer magnitude of the American oil demand increase by itself has to have...
One of the most beaten-down names in the entire oil services sector is Paragon Offshore (PGN-NYSE). A spinoff from the deepwater-focused Noble Corp (NE-NYSE), this “standard spec” offshore driller ended its first day of regular trading at $11 on August 4, 2014.
The stock has continued on an almost uninterrupted...
US energy stocks outperformed Canadian ones last year—but in the last few months, E&P equities in the Great White North have soared. Why? The low Canadian dollar has a lot to do with it, adding an extra 6-10% to the Canadian oil price—which of course is ALL profit.
The second...
Just how cheap have Canadian natural gas stocks gotten? Let me give you an idea. Painted Pony (PONY-TSX) just sold 4% of their landholdings in the liquid-rich Montney play on the Alberta/BC border for 50% of their market cap.
Everyone thinks energy stocks are doing really poorly. But look at the charts of these energy companies—they’re at 52 week highs:
They’re kind of similar aren’t they? That’s because they belong to the same energy sub-sector.
There are three main sub-sectors in energy:
Upstream – the oil and gas producers and service...