A recent U.S. Energy Information Administration (EIA) report predicts that heating oil prices in the Northeast will increase to record levels this winter.
Consol Energy Inc. (CNX:TSX) announced Thursday that it will sell Noble Energy (NBL:TSX) a stake of its ownership in the Marcellus shale holdings for $3.4 billion.
Tanker stocks around the globe were crushed on Thursday as the TeeKay group--with six US listed equities and bonds--reduced their dividend to shore up their balance sheet.
That was my oppotunity--and for OGIB subscribers. I've been following another tanker group--Golar (GLNG-NASD) and Golar Partners (GMLP-NASD) for years. I knew the companies, I had...
Investment dealer Raymond James updated its rating of gas producer EnCana Corporation to OUTPERFORM based on the potential of a higher return for its stock.
Pennsylvania Governor Tom Corbett intends to both stimulate the state’s economy and preserve the state's environment, he announced in implementing several suggestions advocated by the Marcellus Shale Advisory Commission.
Psychological fears of an oil glut are have caused oil prices to drop from $55-$48. But there is some fundamental economic factors that suggest this price drop will be short lived.
So far in 2017, U.S. crude oil inventories have increased 49.38 million barrels to 528.39 million barrels as the...
Trading mistakes. Looking back on 2015, I made the same ones! (Visual—bang head against wall repeatedly). I’m going to tell you what I did wrong and what I did right in 2015, and where I see The Big Money being made in energy in 2016.
The key to investing of...
By Scott McLeod
Contributing Editor
(Note: Click here for Part I of this article)
The Company That's Shaping Up To Be the Next Big Player in the Oil Sands
STP’s Properties (before the North Peace acquisition)
Financials
- $65M cash in the bank,
- $55M undrawn credit line
- Debt: ZERO (NOTE that STP had $50M...
