In 2017 the global oil industry recorded a dreadful level of new discoveries.
You read that correctly. I said dreadful.
Global energy consultant Rystad Energy of Norway just reported that in 2017, producers made enough discoveries to replace just 11% of what was produced during the year.
That means that for every...
Original Thinkers--that's whom you want to read. Here in Part 2 of Tocqueville Asset Management's Rob Mullin's article, he outlines why small-cap oil stocks could play catch up very quickly now.
by Robert Mullin, Tocqueville Asset Management
Despite extreme pessimism regarding the production cuts of a year ago, both OPEC and non-OPEC have...
Dear OGIB Reader,
Recently I sat down with Michael Campbell, host of the MoneyTalks radio show, AM980 Canada, to discuss the oil market… along with a few oil stocks in the Oil & Gas Investments Bulletin portfolio.
Here's the transcript of our conversation. Enjoy.
- Keith
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Michael: Very pleased to welcome back to...
Many small exploration and production (E&P) companies could still be worthless even if oil prices rise next year according to RBC Capital Markets. RBC’s recent energy note—Surviving The Downdraft--looked at the prospects for 29 US and Canadian small cap stocks.
They are what I call The Zombie Stocks—The Walking Dead. ...
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...
What’s the most un-sustainable part of the global energy complex?
Maybe you would say co-ordinated OPEC production cuts.
Or perhaps you would bring up high growth rates of shale producers.
If you talked about the lack of free cash flow among shale producers you would be getting warm…
But for me, when I...
CEO Tom MacNeill likes to throw that line out to investors as he explains the opportunity at 49 North Resources Inc. (FNR-TSX). 49 North is a specialized venture capital company that is quickly morphing into a fast growing oil producer – with a twist. It’s focused solely on Saskatchewan.
The...
They are the industry killers.
When Dr. Andy Robinson and Robert Mintak set out to build a lithium producer together, they wanted a world-scale project, and they wanted it fast. That meant no chemical risk, no permit risk, they wanted to be in production ASAP to take advantage of the...