Oil stocks traded REALLY well yesterday. You could just say ‘DUH!’ but there’s more to it than that.
Through the day, weakness—what little of it there was—was bought. Stocks opened higher and kept running. Most closed at or near their highs.
The Biggest Gains were reserved for those stocks that had...
Will Occidental Petroleum’s $2 Billion Permian Be Any Better Than The Company’s Disaster In The Bakken?
Occidental Petroleum (OXY-NYSE) just paid the highest price per acre in Permian Basin history at $50,000 per acre to get into that play—and that’s after backing out production.
Shareholders had better hope that turns out...
Apache’s new High Alpine discovery on the SW edges of the Permian Basin is one of the three most important inflection points in the North American energy market in the last decade.
(The other two are the rise of the oily Bakken play in North Dakota and the gassy Marcellus...
The hottest oil play in the western world is the Delaware sub-basin of the Permian in SW Texas. Producers are seeing huge increases in flow rates as they figure out proper fracking techniques. Rates are doubling from 1500-3,000 boepd! And payout times for wells are now as low as...
I can’t decide it Cobalt International (CIE:NYSE) is one announcement way from being a five-bagger or one news release away from being a disaster.
If a person knew which way this was going to go--there are some Big Fast Easy Capital Gains to be made. But I just don't know...
Imagine if you will a street on which there are three identical houses.
I’m not talking about similar houses.
Not houses that look kind of the same.
I’m talking about identical houses.
Built the same year, in the same condition, with the same design and square footage. Even the colors are the same.
If...
The media said there was no winner at the June OPEC meeting held early this past week.
But there was—a big winner in fact.
OPEC producers didn’t win because they didn’t get a production-cap deal that would instantly give them a higher oil price.
Even the Saudis are now issuing multi-billion dollar...
It has been two years since I was earnestly combing through junior oil producers to find the best investment. But now that oil prices have moved up from $26-$46/barrel since mid-February, there are—believe it or not—a (very) few junior producers who can grow production within cash flow at these...