Has This Small Cap Oil Company Unlocked Exploration Risk?

There is no sure-fire method to eliminate risk in searching for oil. 21st century technology has yet to provide a perfect solution however, it is rapidly expanding the way in which companies identify oil and gas reserves.  In light of the global surge in shale fracking or unconventional exploration these technological advancements are also addressing …

Economist says Texas oil drillers may have unlocked crude supply lasting “decades into the future”

Texas has lost at least 60,000 upstream oil and gas jobs, plus as many as 250,000 supply chain and retail jobs indirectly, as a result of the oil crash, according to an analyst with one of the top industry trade groups in the state. Karr Ingham, a petroleum economist who compiles the semi-annual Texas Petro Index …

Chinese stocks enter bear market – Jan. 15, 2016

Chinese stocks have fallen into bear market territory. The Shanghai Composite ended the week the way it started, dropping as worries persisted about China’s cooling economy and sinking currency. It closed down 3.6% Friday, more than 20% below its recent high in December, the threshold for a bear market. Other Asian indexes also slipped, despite …

The Most Irrational Oil Fear

Summary Along with slowing demand fears and a persistent glut, there’s plenty of fear to go around concerning oil.One category that is being way overblown, however, relates to fears that oil storage is nearing full capacity.While oil inventories are hovering near all-time highs, the fact of the matter is that tanks aren’t even close to …

Crude Oil – Magnificent Short Squeeze To Come Sooner Than You Think

Summary WTI crude oil prices peaked at $105 per barrel in June 2014 and fell to a low of $37.65 on Dec. 7, 2015 (down more than 64% of its price). Overproduction, high inventories, Saudi Arabia’s battle with U.S, shale oil producers and with Iran, and OPEC’s failure as an institution are the main causes. …

E&P Stocks: The ‘Bottom Of The Barrel’ Club

Summary Since mid-2014, E&P stocks have suffered extreme punishment in the market. Many companies’ prices make them penny stocks, and many more have debt levels which make their equity contribution minimal. The author identifies a group of 33 E&P stocks which the market appears to believe are the “Bottom of the Barrel.” Market capitalizations, debt …