A Texas court case this Friday, February 26 will set a precedent that will either see all US pipeline and “midstream” stocks have a monster rally—or get crushed (even more!).
That’s when Crestwood Partners (CEQP-NYSE) will defend its fee structure in transporting the natural gas of defunct Quicksilver (formerly KWK-NYSE)...
What did Chevron accomplish in 2015 by outspending cash flow by $19 billion?
Increase production a paltry 2%. Barely replace reserves--107% of production.
That is what Chevron managed to achieve in 2015 by spending $31 billion while generating just $19 billion of cash flow. And that is actually incredibly bullish, despite...
My experience is that in the stock market, wealth is built in steps.
My portfolio is flat for 12-18 months, and then a Big Win comes. Flat again, then Big Win. Repeat.
(The hard part of investing is keeping that money, during the flat times.)
Big Wins actually come along regularly; every...
By Bill Powers
Which natural gas producers will make it through this winter of low prices? I’ll tell you one that I think will survive….but first I’ll tell you one today that probably will not.
Natural gas prices on the NYMEX dipped below $2/mmBTU in December 2015 for just the second...
There are very few business models that work in the energy patch right now—especially upstream, where the producers are. The industry produces too much oil globally and too much natural gas in North America—that oversupply has driven prices into the ground.
Even in the downstream markets—where the refineries are—they have...
Something Doesn’t Add Up In North Dakota’s November Production Report
If you want to find buried treasure, you have to dig.
And even then you may find the treasure chest is empty.
That’s what happened to me this last two weeks as I realized one bit of oil data made NO sense...
Commodity’ is now a four letter word.
Metal prices have collapsed. Oil is plummeting. Natural gas and coal are struggling, and iron ore is on death’s door.
But right now, there is one commodity that everyone agrees will rise in price this year.
The Big Banks are piling into the idea. Analyst...
You know the kind of stocks I like?
1) Stocks that have lots of upside, and almost no downside.
2) Stocks with high profit margins
3) Stocks that increase their dividend
4) Stocks that are riding the Global Wave of an Unstoppable Force.
I’ve found the stock that fits all these criteria. In fact this company is doing...
