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...
It’s often tempting to cut and run following a big dump in the stock market, but it’s also a good time to take a breather and reset some priorities to take advantage of the next market cycle. The good news is that if you’re still reading, it...
Editor's Note:  Today's OGIB is my interview with fund manager Chris Theal... The Big Investing Themes for Kootenay Capital fund manager Chris Theal right now is oil field service companies (OFS), and heavy oil producers. Driving these two themes are: 1. Liquid Natural Gas (LNG) in North America 2. The huge growth in...
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...
by Donald DonyThe major decline in oil prices over the past five months has placed many securities into a freefall. The commodity-rich SPX/TSX, for example, has fallen 10.00% since September, putting into a bear market (Chart 1). Chart 1The TSX Energy sector has declined even further, cratering almost 40% bringing...
Argentina is the “Comeback Kid” story of 2014. After getting vilified for nationalizing one large ownership block in the prolific Vaca Muerta shale play in 2012, Big Oil is coming back in a Big Way—and dragging up the share price of the fast growing juniors in the play. Most investors...
By: Bill Powers Valuing public companies is a black art. Analysts use many metrics, and when delivering a final price target on a stock, use the average of several methods—cash flow multiple, Net Asset Value and the esoteric “management premium”. But I want to suggest to investors that right now, one of...
By guest contributor Jen Alic Jen Alic is a geopolitical analyst and consultant based in Sarajevo, Bosnia-Herzegovina, and the former editor-in-chief of the Zurich-based ISN Security Watch. -------------------------------- Albania’s Albpetrol Goes to Highest Bidder in Geopolitical End Game Shareholders in Canadian-owned Bankers Petroleum (BNK-TSX) have profited from two huge runs in the stock since they...