Oil Prices

oil prices, oil companies

 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%...
By Richard Reinhard and Keith Schaefer Currency movements affect the prices of oil and gas stocks as much as commodity prices. And I think there is an increasing likelihood a mix of slightly rising oil prices and a steady to lower Canadian dollar could result in a big jump in...
(To see Part 1 just scroll down after this article). So how do bankers and energy producers deal with the large amount of debt that is on the balance sheet of almost ALL junior and intermediate producers on the Toronto Stock Exchange (TSX). Both groups are realizing they could be in...
Some junior oil and natural gas companies with large debts are starting to have their financial problems go public.  See these examples: On February 17, Canadian Superior (SNG-TSX) just had their $47 million loan called by the Western Canadian Bank. Canadian Superior along with partners including British Gas has made...
 Investors should take away two angles from this story.  One is that the supply in Liquid Natural Gas (LNG-I will explain what this is in a minute) is increasing dramatically around the world, and it's likely that it's all coming here, to North America - because NA is one...
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...