Investing in oil and gas stocks is actually quite simple, even if you don’t know anything about the energy industry. (My friends in Calgary would say I am living proof of that.)
From my experience in speaking with management teams and reading research reports, I’ve put together a basic information...
I have been actively buying and selling in the portfolio last week, and informing subscribers of new investment ideas has kept me away from the blog more than usual. But a chart I follow caught my attention this weekend and I think it could help investors determine the next...
Ambrose Evans Pritchard is the international business editor for The Telegraph newspaper in London, England. His recent article on China and gold echo my own thoughts on China and oil. In fact, if you substitute the word oil for gold here, you will see why the price of oil...
Daylight Energy Trust (DAY.UN-TSX) bought Highpine Oil and Gas (HPX-TSX) on Sunday, August 23rd for $7/share in stock and cash.
Daylight, like most Canadian trusts, is natural gas weighted and has debt. When your production is 72% natural gas, as Daylight was, you cannot afford to have 72% of your...
Today I bought an oil and gas stock that fits my criteria perfectly - debt free, proven management, and with a recent new oil discovery, enough undeveloped land they could increase production 3-4x over the coming 2-3 years without having to raise money or go into their untapped line...
Petrobank Energy and Resources (PBG-TSX; $35.97) announced yesterday it was creating a 37,000 bopd Bakken-focused oil producer by merging its Canadian Business Unit (CBU) with TriStar Oil and Gas (TOG-TSX; $11.51) to create a new company, Petrobakken.
The cash and stock transaction gives TriStar a value of $14.75 cash, a...
By Brian Hoffman, CA, CPA
Oil prices have made a big move up since March with the recent move to almost US$73 per barrel retracing over a third of the drop from the US$147 peak last summer to the low of almost $US30 earlier this year.
Retracements during market rallies generally...
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...