Talk about a business failure!
Since 1888 the Texas Pacific Land Trust (TPL-NYSE) has been trying to wrap-up operations and go out of business.
That is 129 years of not accomplishing what seems like a simple goal.
It's shameful really ;-).
If it is any consolation (and I’m sure it is), one thing...
Tell me—what do Tesla, Apple, and Samsung have in common?
They are global tech leaders
Their stocks have done incredibly well in the last 5 years
They all use cobalt
And as a group, they are about to cause one of the Great Commodity Squeezes of all time—in cobalt. In fact, it’s already...
Next year the International Energy Agency (IEA) expects global daily oil demand to exceed 100 million barrels per day.
That is 700 million barrels per week, roughly 3 billion barrels per month and 36.5 billion barrels over the course of a year.
At $60 per barrel that is a $2.2 trillion...
Misunderstood stocks give investors the greatest gains.
Nobody understood ethanol when I bought Green Plains Renewable Energy in 2013 at $8.50. The drought of 2012 had sent corn prices soaring, and sent ethanol stocks into the ground.
Everyone hated them. Investors had been burned—like 3rd degree to their entire wallet.
But there were...
Nobody believes in oil stocks. Look, I get it.
It has been three years since oil crashed.
The price of oil just never goes up.
We have had so many oil price rallies that didn’t amount to a hill of beans that we have all lost count.
Everyone has accepted that being bullish...
WTI pricing is a fairy tale for US E&Ps.
What I mean by that is...no producer gets to realize WTI prices in selling their oil, and that shows up in their quarterly reporting. Investors can't just average out the WTI price for a quarter and think that the company in...
EDITORS NOTE: Two years ago I co-founded SMALLCAP DISCOVERIES with editor Paul Andreola--and he has built a great franchise there, with several multi-baggers while I stay focused on energy. I'm excited to introduce a third letter--this one focused on cryptocurrency (bitcoin, ethereum etc), led by my colleague Ross Pilot--it's...
What’s the most important factor for the oil price in 2018?
Would you believe me if I told you it was the US natural gas price?
As a minimum, the US natural gas price is one of, if not the most under-appreciated factor in the price of WTI—for one simple reason:
There...
