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Oil is up.  Consensus has changed from a supply glut to a more balanced market by the end of this year—but the Market is in full swing pricing that in now. Energy producers across the board have had a good run in the last month, and it could continue—both Brent and...
By Bill PowersOne of the little spoken truths of the shale gas industry over the past three years has been that most of America’s gas fields are now experiencing production declines with one large exception: the Marcellus Shale in Pennsylvania.And that narrow reliance on one play gets even more...
Here's a bar bet you energy investors can use:  Hey, how much if any is the world under-supplied oil right now? The answer, says one highly respected voice, would surprise you: They say the global oil market is currently undersupplied by 2 million barrels per day.  That's a very bullish...
Two catalysts just ratcheted up investor interest in west coast LNG—Liquefied Natural Gas. One was the re-election of the centre-right Liberal party in British Columbia in May.  The second catalyst came in mid-June, when Malaysia’s Petronas announced it wants to spend $16 billion—as fast as government approvals will allow—to ship...
The Saudis want control of the oil market back, and they are lowering prices to weed out the high cost producers. But I found a western producer with even lower costs per barrel than the Saudis. That’s right—someone who beat them at their own game.  Just like the Saudis, this company...
Half the oil price but 4x the free cash flow! Sounds like a pitch from Barnum & Bailey's circus, doesn't it--Step right up folks and see it with  your own eyes! I'm going to show this magic trick--starting with the chart below.  In 2017 at $50 oil, Vermilion Energy (VET-TSX/NYSE)...
Yes Virginia there is a Santa Claus.  Private equity fund Edge Natural Resources LLC is taking Canamax Energy private--at 67 cents, or a hair shy of a double over Thursday’s share price. It has been my largest position for a junior for two years, and gives me--and the subscribers who bought it...
Can the Bakken produce one million barrels a day of oil? If so, it would join an elite group of oil fields able to produce at that rate. Only six other fields, including Saudi Arabia's famed Ghawar field, have ever topped 1 million barrels per day--they are Burgan (Kuwait), Cantarell...