The last few months have seen a flurry of E&Ps announcing changes to their business strategy, moving from a growth-through-drilling focus toward an income-and-dividend model. These companies realize things are changing in the oil patch. Commodity price forecasts are down and investor euphoria over billion-barrel resource plays is fading. The stocks...
Can the Bakken produce one million barrels a day of oil? If so, it would join an elite group of oil fields able to produce at that rate. Only six other fields, including Saudi Arabia's famed Ghawar field, have ever topped 1 million barrels per day--they are Burgan (Kuwait), Cantarell...
Activity in the huge Bakken field is going home. Home is Montana, where the Bakken was originally discovered. Drilling equipment and crews are moving back across the border from North Dakota—where the Bakken Boom has been the Biggest—boosting Montana’s rig count to 22 from just eight at this time last year....
I’m all about empowering retail investors.  I write my blog and my subscriber paid copy to help them gain back an edge against the institutional money that gets better information faster in the markets.  I mean, how many retail investors have a paid analyst at their call? That’s why I’m...
What was the best investment niche in the U.S. energy sector the first half of this year? Master Limited Partnerships, or MLPs. Consider one key benchmark, the Alerian MLP Index (AMZ). Since December 31, 2007, the index has returned 66.6% for investors, with about 32% of that from capital gains. Compare...
by Jen Alic Welcome to East Africa—home of a potential 28 billion barrels of recoverable oil, 440 trillion cubic feet of gas and 14 billion barrels of natural gas liquids. Recent success by Africa Oil (AOI-TSX; AQIFF-PINK)—the stock went from $2-$11 in just two months in the spring of 2012 on...
Dear OGIB Reader, The leading Canadian junior oil companies are doing whatever they can to create value for their shareholders. Three of the top junior oil companies in Canada are turning away from high growth and into dividend plays this morning. These are all well-respected, leading junior management teams. One was...
It's been a big year for LNG – Liquefied Natural Gas.  The possibility for west coast exports of LNG in Canada started off very hopeful in 2012, with both Shell and Apache making bullish statements. But what's happened is an unexpected twist – it looks like the "little guy" is...