Hilcorp Energy Corp. recently agreed to a deal with Chevron subsidiary Union Oil Co. of California (Unocal) to acquire its Alaska Cook Inlet oil and gas assets.
August is often one of the best months to buy natural gas stocks; gas prices and the commodities stocks overall are at a low. There is often (but not last year!) a run up in gas prices in the fall – and stocks follow – as...
Western Canadian gas exports to the United States could be completely displaced into Northern California by
1. Abundant, low cost US natural gas production, and
2. By several new gas pipelines in the US...
Says a new market study by Bentek, a US energy analysis company.
Overall, Canadian gas exports to the US...
Tanker stocks around the globe were crushed on Thursday as the TeeKay group--with six US listed equities and bonds--reduced their dividend to shore up their balance sheet.
That was my oppotunity--and for OGIB subscribers. I've been following another tanker group--Golar (GLNG-NASD) and Golar Partners (GMLP-NASD) for years. I knew the companies, I had...
INTERVIEW WITH PAINTED PONY (PPY-TSX; PDPYF-PINK)
CEO PAT WARD
Shares of natural gas producer Painted Pony have gone from $3-$9 this year--despite Canadian natgas prices trading as low as 65 cents/mcf this year! They are one of the lowest cost producers, and I think will show the largest percentage increase in...
Part 2: The Permian Basin - Cline Shale Resource Play
In Part 1, I explained how the Permian Basin in Texas was exploding with industry and investor interest—because of all the new tight oil plays being discovered and developed.
And that has me excited about the prospects for one Canadian junior—though...
If Natgas Production is Falling, Why Aren’t Natgas Stocks Rising?
Has U.S. shale gas production finally stopped growing? According to the EIA’s August Monthly Drilling Productivity Reports (DPR) the answer is yes—even the monster Marcellus play in Pennslvania is rolling over in production--and that should be bullish for natgas stocks...
Research firm Macquarie Equities Research lowered its recommendation for junior oil and gas company Cequence Energy (CQE:TSX) to NEUTRAL from OUTPERFORM and increased its target share price to C$4.50.