Oil and gas are moving in opposite directions right now - oil up and gas down. Oil stocks are tepidly advancing, not quite convinced the move in the oil price is sustainable. Natural gas stocks -those not already crushed - I fear are getting ready for a further 20-30%...
The energy sector is such a typical American-Canadian contrast. It's like the Americans love to shoot guns, and the Canadians love to dodge bullets.
In the USA, the Shale Revolution has turned the American energy industry upside down with huge new supplies of natural gas and light oil.
They have reversed...
This isn’t a situation where there is a question of if; in fact there isn’t even a question of when.
The BIG TRADE of 2015 is happening now.
Right now there is a group of companies that are generating huge windfall-like cash flows every day—due to low WTI oil prices in the US. The longer oil prices stay low the more...
The breakeven price for oil and gas companies in 2008 was US$87.24 per barrel of oil equivalent (boe), BMO Nesbitt Burns said in their annual Global Cost Study released July 21.
The three year average for the industry's breakeven price is US$73.60. They estimate the 2009 breakeven price will fall...
Sector Diversification: Target Oil Sands
Just about everybody on Earth ought to know by now about the oil sands are a vast and virtually limitless supply that's going to backstop North American energy security for a century or more.
But for all the hype and hoopla, surprisingly few investors...
Why Exxon Mobil Is Important for Retail Investors
Exxon's trading symbol is XOM:NYSE. At various times it has been the largest (non-sovereign) company in the world, depending on its share price. And it certainly one of the most profitable - in the quarter ending Dec 31/08 (Q4, for short), Exxon...
When I first started the newsletter in January, one of my best stockbroker friends asked me - where do you think the price of oil is going to be at Christmas 2009? I said US$65 or $75. Wow that's high, he said, compared to all other analysts.
But research analysts...
The heavy oil price in Canada has been surprisingly strong this year, and that led me to purchase some Rock Energy (RE-TSX) on Friday. It is one of the few (I've only found 2) juniors with exposure to heavy oil. The stock is cheap on several metrics compared to...