Last week I looked at the phenomenal success of a new breed of offshore explorers who are using unconventional drilling (read: horizontal drilling and fracking) to unlock billions of barrels of bypassed oil in places like the shallow-water U.S. Gulf of Mexico. Offshore producers are now getting returns as good...

Elephant hunting for huge international oil plays usually means going into (very) politically risky areas. That’s what makes junior Petromanas (PMI-TSXv) stand out from the crowd. They’re chasing a potential 500-800 million barrel target in Europe—Albania to be exact. Lots of energy investors are familiar with Bankers Petroleum and their...

  One question investors should be asking about new dividend-focused E&P companies in the Canadian oil patch is: How will they pay their taxes? Deferring income tax payments is a major part of the business strategy for most junior E&Ps—one that investors don’t realize. Investors have become so used to junior producers (almost) never...

Oil producers in Alberta have embraced the holy rail, shipping out by train car an estimated 120,000 barrels of oil per day (bopd) to refiners on the east coast and the U.S. Gulf. Despite rail costs doubling pipeline tariffs, producers were able to get such a better price railing it...

Investors are trained by analysts and management to talk about oil prices when looking at energy stocks. But that’s a misnomer; a mistake even—especially in the United States, where the hydrocarbon geology is deeper and gassier than Canada.  And natural gas is worth a lot less than oil. Investors sadly pay...

Look at this chart!  This kind of visual makes an oil and gas CEO proud when addressing his Board of Directors or shareholders. Source: Southwestern Energy Corporate Presentation But despite this beautiful production growth chart--this company has COST investors BUCKETS of money over the past two years. I’ll explain to you what happened--and how you as an investor...

If you are looking for a reason to get bullish on future oil prices look no further. The chart below is one of the most bullish charts in the energy patch today. This chart tells us two critical things. First, it tells us that the horizontal oil boom is due almost...

It’s hard to believe how North America’s oil and gas industry—a conservative bastion—has been turned upside down in such a short period of time. And it’s all because of the Shale Revolution. Look at pipelines. They cost billions, take years to plan, get approvals, sign up committed customers with take-or-pay...