The Offshore Oil Business Is Crippled And It May Never Recover
How badly do oil producers want to transition out of the deepwater and focus on shale? And guess what that means for the global oil price?
Exxon Mobil (NYSE:XOM) just paid Seadrill (NYSE:SDRL) $125 million in cash to get out of its commitment to...
THREE THEMES TO CHANGE YOUR ENERGY VIEWS
Why Oil and Natural Gas Should Both Be Stronger To 2020
What happens to oil prices if OPEC does not co-ordinate a cut in oil production? What happens to natural gas prices if Old Man Winter doesn't show up again this year?
Energy strategist Dan...
This might not seem like a very good time to bring a company public.But a small corner of the initial public offering (IPO) market is actually booming right now--and the biggest renewable energy company since Tesla (TSLA-NASD) is now involved. They're called Special Purpose Acquisition Companies (SPACs).You may not...
When I saw this energy company, I couldn’t believe it. Here is a company with:
no long term debt
$30 million cash
growing EBITDA (cash flow)
When I rushed out to buy the stock, it was paying me a double digit yield.
That’s right—over 10%--on a payout ratio of under 60%.
And trading at just...
What’s the biggest lesson retail investors need to learn to increase profits in these markets?
It’s knowing how and when to trade volatility.
The professionals say trading volatility really is the only way to make money in a flat to down market, which the energy sector (especially the juniors!) has gone through since...
Dear OGIB Reader,
Today's story comes from guest writer Cory Mitchell, who gives us an in-depth look at Bankers Petroleum -- one of the most widely followed international junior oil companies in the world.
- Keith
Bankers Petroleum Stock (BNK - TSX) Disappoints – Is it still a Buy?
By Cory Mitchell, CMT
Bankers...
Something Doesn’t Add Up In North Dakota’s November Production Report
If you want to find buried treasure, you have to dig.
And even then you may find the treasure chest is empty.
That’s what happened to me this last two weeks as I realized one bit of oil data made NO sense...
Japan spent US$75.4 billion on LNG last year, paying an average price of US$16.60 per million BTU—while gas prices in the United States averaged just US$2.75. No Japanese politician, economist, or grocer thinks that makes sense. So Asia is trying to lower prices for Liquefied Natural Gas (LNG) as...
