Canadian brokerage firm GMP Securities downgraded Trilogy Energy Corp (TET-TSX; TETZF-PINK) from a BUY to a HOLD today, but did not reduce its target price of $27.50 per share. The stock closed at $27.25 on Tuesday, and GMP said the downgrade was because the stock has already hit its...
Part 2: The Technical Outlook -- and Conclusion -- for Bankers Petroleum Stock
While the fundamental aspects of the company provide some measure of safety and understanding of future price potential, the technical aspects of the actual stock price provide additional insight for potential price targets and also when to...
Dear OGIB Reader,
Recently I sat down with Michael Campbell, host of the MoneyTalks radio show, AM980 Canada, to discuss the oil market… along with a few oil stocks in the Oil & Gas Investments Bulletin portfolio.
Here's the transcript of our conversation. Enjoy.
- Keith
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Michael: Very pleased to welcome back to...
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...
A couple quick thoughts on today's Big Oil News – the IEA releasing 60 million barrels from Strategic Reserves around the world to help lower global oil prices – before I get into who will benefit from this (and there's a surprise here).
In terms of fundamentals, this really is...
Last week, Encana Corp. (TSX-ECA) came out and revealed itself as the huge mystery buyer of Duvernay rights in Alberta, spending $300 million on land acquisition in the first quarter alone.
It’s a big number considering there are only two published drill holes into the Duvernay – and neither one...
Analysis on Petrolia, Corridor Resources, and Shoal Point Energy
Dear OGIB Reader,
When I say “Atlantic Canada,” I bet that shale oil is not the first thing that comes to mind.
But as the global shale revolution continues in the energy patch, prospective shale targets – once written off as a waste of...
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...
