One year ago, I wrote this story, asking—could the Bakken ever hit 1 million barrels of oil per day (bopd) production? Well, now the Market is asking—when (not if) will it hit 2 million? A massive, 76-page report from Goldman Sachs from late September suggests 2023—that’s another TEN YEARS of growth—with the biggest growth year...
Clayton Williams Energy, Inc. (CWEI:NASDAQ) recently announced that it planned to increase its number of rigs in the Wolfbone formations.
In recent months no other shale gas formation in the United States has drawn as much attention as the Marcellus.
Macquarie Equities Research maintained its OUTPERFORM rating for WesternZagros Resources (WZR:TSX) and left its target share price of C$1.45 unchanged. This target price is based on a multiple of 1x RENAV.
When I saw this energy company, I couldn’t believe it.  Here is a company with: no long term debt $30 million cash growing EBITDA (cash flow) When I rushed out to buy the stock, it was paying me a double digit yield. That’s right—over 10%--on a payout ratio of under 60%. And trading at just...
Investment bank Cannacord Genuity recently upgraded oil and gas company Trinidad Drilling (TDG:TSX) to a BUY rating and maintained its target share price of C$11.25.
I'm always looking to invest my money in oddball places in energy; subs-sectors that are outside the mainstream.  That would include areas like ethanol, which I've done quite well at, and technology stocks--where I have sometimes lost a lot of money. Other examples include small oil and gas trusts, small...
Here's a bar bet you energy investors can use:  Hey, how much if any is the world under-supplied oil right now? The answer, says one highly respected voice, would surprise you: They say the global oil market is currently undersupplied by 2 million barrels per day.  That's a very bullish...