Australia-based research firm Macquarie Equities Research reaffirmed its OUTPERFORM rating for Strategic Oil and Gas (SOG:TSX) and maintained its target share price of C$2.50.
Canopy Rivers (RIV:TSXv; CNPOF:OTC) is the marijuana stock that has what billions of dollars of institutional money are desperately searching for… That is – RAPIDLY GROWING FREE CASH FLOW!!! Predictable and growing cash flow is what the institutions want. They have been searching for marijuana stocks with real business fundamentals and traditional valuations. By...
The Coming Energy Infrastructure Overcapacity Glut October 1, 2015 By: Bill Powers When free money is thrown at any part of the energy industry for a long enough length of time, the natural boom bust cycle can be taken to extremes and massive distortions can develop. Due to unprecedented access to all forms...
Canada-based Dundee Securities reiterated its BUY rating for Vero Energy (VRO:TSX) but reduced the company's target share price to C$7.50 from C$8.50.
International oil plays have produced some big wins in the junior energy markets in 2012. This year alone, companies like Mart Resources (MMT-TSXv) and Africa Oil (AOI-TSX) were huge wins for risk-tolerant investors (Africa Oil—a 10-bagger). I’m trying to stretch my political risk comfort zone by flying into Kurdistan—in northeast...
2016 Themes When I look back on 2016, what were the Big Themes?  For me, the #1 theme was the same as 2015--Nobody Knows where the oil price was going.  We all guessed how much US production would drop (Market was about right), how tight credit would be (much looser...
The United States Geological Survey (USGS) announced Tuesday, August 23, that the Marcellus shale formation contains significantly more natural gas than had been predicted by the most recent assessment which happened almost ten years ago.
Recently released Q3 results indicate that Canadian natural gas producer Progress Energy Resources (PRQ:TSX) generated cash flow per share (CFPS) of C$0.22 and produced an average of 42,937 barrels of oil equivalent per day.