Hilcorp Energy Corp. recently agreed to a deal with Chevron subsidiary Union Oil Co. of California (Unocal) to acquire its Alaska Cook Inlet oil and gas assets.
Part 2: The Technical Outlook -- and Conclusion -- for Bankers Petroleum Stock
While the fundamental aspects of the company provide some measure of safety and understanding of future price potential, the technical aspects of the actual stock price provide additional insight for potential price targets and also when to...
The world's largest mining company, BHP Billiton Ltd., recently purchased Houston-based Petrohawk Energy Corp. for $12.1 billion.
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
---------------------------------------
Michael: Very pleased to welcome back to...
This chart is bullish for oil. It shows the number of non-commercial net long crude oil positions in the NYMEX (New York Mercantile Exchange) is moving down – these are the people we all call "The Speculators". Getting these (politically unpopular) people out of the oil market is what...
With an oil pipeline to the west coast, Canada's oil sands could be the big swing producer in the global energy market, says Ralph Glass, Director Energy Valuation and Operations of AJM Deloitte, an oil and gas technical consulting firm in Alberta.
But without a pipeline Canadian oil production could...
A couple quick thoughts on today's Big Oil News – the IEA releasing 60 million barrels from Strategic Reserves around the world to help lower global oil prices – before I get into who will benefit from this (and there's a surprise here).
In terms of fundamentals, this really is...
Timing is everything in the market and being able to spot trends is critical for locking in attractive returns.
Natural gas producers have taken a beating over the past three years but there are encouraging signs that natural gas might be ready for a break to the upside.
Despite a seasonably...
