RICK RULE INTERVIEW PART II
Keith: Rick, in the first part of our interview we talked about the state of the energy market now, and what some of the opportunities are.
But let’s talk details for a second—you’re aiming to come in somewhat as a lender of last resort in a...
Is it time for investors to load up on oil shares--or time to sell? The answer is--it depends what metric you're looking at. On a cash flow basis, they're expensive. But based on Net Asset Valuations (NAV), they're cheap. How can oil stocks be both expensive and cheap? I'll...
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...
The recent bounce in oil prices has opened the "equity window" for energy companies to raise capital. It's the first time this window has opened since October. But should investors be buying?
In the last three weeks, three Canadian energy companies raised equity capital; two juniors in Rock Energy (RE-TSX)...
What do you do if a respected friend gives you a stock tip?
Stock tips should be avoided at all costs—nothing replaces old fashioned research.
And with oil stocks, 10-15 minutes of research can tell you almost all you need to know—if you’re looking for the right data points.
In my six years...
Why are producers spending ANY money right now? I’ll tell you why—you can’t shrink yourself to greatness. But there is one very good reason to stop spending completely—Mergers and Acquisitions.
Now, nobody knows how long sub-$50 oil will last (and always remember that producers get $5-$10 less than WTI). Morgan...
There’s just one stock that interests me at this time of year.
This is The Most Wonderfully Inefficient Time of the Year for the stock market. It’s tax-loss-selling season.
But I’m not running out buying any big basket of energy stocks. The selling may be overdone, but it can stay overdone for a...
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...
