The latest table pounding buy for the oil sector was issued last week.
It came from the most unlikely (and highly credentialed) source.
The single greatest fund manager in history said in a Barron's interview last week:
“Oil, energy services, and natural gas can provide triples……”
He named no other sector, this is...
Yes it’s true. Ensign Energy Services ESI-TSX has an official dividend of 24 cents per year—6 cents paid quarterly. And the stock trades for 24 cents. Ensign is a Canadian-listed drilling company, but is one of the most international stories, with oil and gas rigs around the world. Only about...
by +Keith Schaefer
Last week I looked at breaking developments that suggest the Duvernay shale may be the most profitable play in Canadian history.
Consider just two points on the play—hot off the press at a tight-knit gathering of Duvernay insiders put on by TD Securities in Toronto a few weeks ago:
Well...
Gold hit a 7.5 year high of US$1742.60/oz on June Comex futures on April 7.
Gold has definitely been one of the best performing asset classes during the COVID-19 financial scare. With QE Infiniti now in place to replenish the world economy, I see a strong future for gold.
Gold stocks, however,...
Logistics are a bigger piece of the energy pie than ever before—especially rail. Most energy investors are familiar now with the huge rise in crude-by-rail; getting Canadian and Bakken crude to the east and west coast refineries in the United States.
It saved the profit margins for many oil producers,...
Everyone knows that Iraq is an important oil producing country. But Iraq is more than just important, it is critical.
Iraq is so important that in October of 2012 the International Energy Agency (IEA) released a report called “World Energy Special Outlook On Iraq”.
In that report the IEA concluded that in 2035 oil prices would be...
Is the energy sector under-reporting oil demand? Some recent research suggests that's possible—potentially by a lot—as in 1.2 million barrels of oil per day (bopd).
For oil bulls, that's not enough right now to sway oil prices. But it could mean the market is tighter than everyone thinks.
And that wouldn’t...
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. Kirkland Lake...