Investors don’t need to hire Sherlock Holmes to help them see what it did to the balance sheet of Cenovus (CVE-NYSE/TSX) after spending $17.7 billion to buy most of Conoco-Phillips (COP-NYSE) Canadian assets this week.
It’s a whopper of a deal.
In total what is being acquired adds 298,000 BOE/day of...
Psychological fears of an oil glut are have caused oil prices to drop from $55-$48. But there is some fundamental economic factors that suggest this price drop will be short lived.
So far in 2017, U.S. crude oil inventories have increased 49.38 million barrels to 528.39 million barrels as the...
Editors Note: I've been following Tom McClellan for years. He has an uncanny ability to find intriguing economic relationships--ones you would never expect--through charting. His recent article on oil was so direct, so simple I asked him to share it with you today. I've been a subscriber for a...
Falcon Oil and Gas is in a “Catch-22” situation in Australia. In fact, you could argue that natural gas consumers down the entire east side of the country is in the same “Catch-22”.
A “Catch-22”—the name of the famous 1961 book by Joseph Heller—is “a dilemma or difficult circumstance from...
Half the oil price but 4x the free cash flow! Sounds like a pitch from Barnum & Bailey's circus, doesn't it--Step right up folks and see it with your own eyes!
I'm going to show this magic trick--starting with the chart below. In 2017 at $50 oil, Vermilion Energy (VET-TSX/NYSE)...
I found the Holy Grail of Energy Stocks.
No more volatility. No more ups and downs. No more trading.
Just a secure, certain dividend stream that I think will grow every year--for the next 14 years.
In fact, it might even get increased a couple times a year.
How do I know this? ...
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...
Poseidon Concepts executive Kostelecky Is Criminally Charged
Editors Note: Calgary's Poseidon Concepts was a market darling in 2011-2012, rising from $2.65 - $16 on the Toronto Stock Exchange. The company proclaimed it was so profitable making and selling frac water tanks, it started a dividend. But doubts in the Market...
