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...
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...
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...
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...
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...
Is The Bakken oil play dead in this low price environment?
Continental Resources (CLR:NYSE) and EOG Resources (EOG:NYSE) were two of The Bakken pioneers. These companies were early movers in the play and amassed big, core land positions--and today have significant production.
The Bakken is what initially put these companies on...
