The hottest oil play in the western world is the Delaware sub-basin of the Permian in SW Texas. Producers are seeing huge increases in flow rates as they figure out proper fracking techniques. Rates are doubling from 1500-3,000 boepd! And payout times for wells are now as low as...
Sometimes you write a story. Sometimes a story writes itself.
In the next three sentences I’m going to give you everything you need to know.
One…
With more oil and gas producers in financial distress than aren’t, this has to be an historic opportunity to be buying oil and gas assets (especially...
I asked my good friend Dave Blais, who trades gold and silver stocks full time, to provide an update on what he sees happening in the gold market, in follow up to the last piece he penned for OGIB readers several weeks ago.
The frustrating under-performance...
So what do we retail investors do now?
Gut wrenching volatility in the markets due to gut-less politicians has left investors dazed – do we still buy the dips or this 2008 all over again?
I was a buyer on Thursday and Friday of my favourite oil producers and energy services...
Imagine if you will a street on which there are three identical houses.
I’m not talking about similar houses.
Not houses that look kind of the same.
I’m talking about identical houses.
Built the same year, in the same condition, with the same design and square footage. Even the colors are the same.
If...
To me, the Market (Dow/S&P 500) is a bit of a binary trade right now. It’s pretty clear to me that the Market is determined to retest its late August lows. If it bounces, I think I can safely buy stocks and likely add to my biggest position again...
EDITORS NOTE: On November 15 2012, one of the hottest Canadian energy stocks called Poseidon Concepts announced horrible quarterly results that cut the stock from $13.25 that day to open at $6. I sold it right away that next day as there is never just one cockroach. It would...
Part 2: The Technical Outlook -- and Conclusion -- for Bankers Petroleum Stock
While the fundamental aspects of the company provide some measure of safety and understanding of future price potential, the technical aspects of the actual stock price provide additional insight for potential price targets and also when to...