By Bill Powers
Winter started late, destroying demand for natural gas in America.
Natural gas storage touched record levels at the end of the refill season.
NYMEX Henry Hub futures briefly traded below $2 per MMBTU and have staged only a modest rebound with the onset of colder weather.
Dozens of North American...
Meet the Energy CEO's—for FREE—in Toronto on Saturday, March 5
One of the most difficult jobs of the year is selecting the companies to present at the Subscriber Investment Summit (SIS). It’s because we want the best companies possible there.
Companies like Canamax, which was bought out for a near double...
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. ...
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...
Murphy’s Law Is Alive And Well In The Canadian Energy Patch
Despite oil being up today, it's ugly for E&P companies across the globe. But I think Canadian producers have been hit with Murphy's Law worse than anyone.
After a decent Q2--because of the low Canadian dollar and forest fires reducing...
Low prices, high discounts and high condensate prices are conspiring to make this The Week From Hell for Canadian heavy oil producers. Heavy oil prices are now at the bottom of the barrel.
And not to sound like a traitor, but there is a very simple way for investors to...
My personal portfolio is always 100% oil and gas—except for this one stock.
When I heard how revenue is soaring at this company—in a multi-billion dollar industry that is one of the fastest growing in all of North America—I rushed to visit management.
They confirmed what I had been hearing—that they...
I’m going to run through a few seemingly unrelated facts here fairly quickly, but the message is: the North American energy market is so opaque right now—because fundamentals are changing so fast—that my #1 2015 credo—SMALL POSITIONS—still holds true. And be prepared to change your mind in a hurry.
This...