One of the most beaten-down names in the entire oil services sector is Paragon Offshore (PGN-NYSE). A spinoff from the deepwater-focused Noble Corp (NE-NYSE), this “standard spec” offshore driller ended its first day of regular trading at $11 on August 4, 2014.
The stock has continued on an almost uninterrupted...
Dear OGIB Reader,
Over the next few weeks, oil and gas companies are going through a special sort of reporting period… and it’s going to have some important ramifications for stock prices — especially for junior gas producers.
Here’s why:
At the end of each calendar year, every single junior energy producer...
For the first time since 1949, the United States is poised to become a net exporter of petroleum products, according to the Petroleum Supply Monthly report for November put out by the U.S. Energy Information Administration.
Through the first nine months of 2011, the U.S. exported 753.4 million barrels of...
This chart is bullish for oil. It shows the number of non-commercial net long crude oil positions in the NYMEX (New York Mercantile Exchange) is moving down – these are the people we all call "The Speculators". Getting these (politically unpopular) people out of the oil market is what...
What would the world pay for a product or technology that could, at a very, very small cost, increase the amount of recoverable oil in the entire earth by 10%? What about 20%?
My next portfolio purchase for Oil and Gas Investments Bulletin is a company which just might be able to do...
In Part 1 of my series on tax pools, I explained how the new dividend-paying junior producers will use up their tax shelters by drilling less—crimping cash flow much sooner than expected.
In this article, I create a “tax pool universe” to help investors discover:
1. which companies have big tax...
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...
When it gets really cold at home we like to dream of far-off and warmer places we can go to look for oil and gas.
In that regard, Peru is emerging as a real hot spot for Canadian junior exploration companies.
In fact, almost all of South America is hot (literally...