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...
Energy has been left out of the bull market so far.Yes, oil and oil stocks have recovered from the depths of the crisis, but are still down on the year.  The price is firmly above zero now – which is saying something, I guess.But will we ever...
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...
Is it time for investors to load up on oil shares--or time to sell?  The answer is--it depends what metric you're looking at.  On a cash flow basis, they're expensive.  But based on Net Asset Valuations (NAV), they're cheap.  How can oil stocks be both expensive and cheap?  I'll...
Why "Time Is on Their Side" in 2011 PART 1 OF A 2 PART SERIES... What mergers and acquisitions will happen in the Cardium oil play in 2011? In the last half of 2009 and the first half of 2010 the Cardium was the hottest play in Canada.  Valuations moved up quickly...
Is there any common ground in the debate over hydraulic fracturing?  It’s a divisive issue, especially in the U.S., where 90%-plus of all global fracking is done now, pitting neighbor against neighbor. Two weeks ago I wrote about a success story -- How a U.S. Oil Refinery Got Saved -- in which...
Dear OGIB Reader, The leading Canadian junior oil companies are doing whatever they can to create value for their shareholders. Three of the top junior oil companies in Canada are turning away from high growth and into dividend plays this morning. These are all well-respected, leading junior management teams. One was...
The recent bounce in oil prices has opened the "equity window" for energy companies to raise capital.  It's the first time this window has opened since October.  But should investors be buying? In the last three weeks, three Canadian energy companies raised equity capital; two juniors in Rock Energy (RE-TSX)...