Oil Investing News

Brent Crude Slides to Three-Week Low

Vivien Diniz — Thu, 23 May 2013 16:41:20 +0000

Bloomberg reported that the Brent crude prices have slipped for the third day this week, touching its lowest price in three weeks. WTI for July delivery was down $1.61 to $92.67 a barrel.

The Hottest North American Shale Plays: Josh Young

theenergyreport — Fri, 17 May 2013 00:07:40 +0000

Not all the shale plays are created equal, and one in particular is bucking the trend with robust economics and company share prices that show it. But is it too late to buy in? Fund Manager Josh Young doesn't think so, and he sat down with The Energy Report to discuss the hottest (and coldest) North American shale plays. Read on to find out where he's finding bargains that could pay off handsomely.

Oil Prices Below $93 On Weak Economic Data

Vivien Diniz — Wed, 15 May 2013 17:13:54 +0000

The Washington Post reported that oil prices fell below $93 on the back of disappointing economic reports from Europe and the U.S.

Daren Oddenino: How to Spot Oil and Gas Takeout Targets

Vivien Diniz — Tue, 14 May 2013 23:25:13 +0000

Let's make one thing clear: There is no magic formula to determine which company will be the next big buyout story. But if there were a formula, it would include variables like asset value, management skill level, risk profile and location, location, location. Today, C. K. Cooper & Co. Analyst Daren Oddenino joins The Energy Report to discuss M&A trends and help us solve for X. One caveat—a company that tempts an international player might leave domestic majors cold.

IEA: North American Oil Spells Big Changes Ahead for Oil Markets

Vivien Diniz — Tue, 14 May 2013 18:35:56 +0000

The global oil landscape is rapidly changing, with "shockwaves" from supply growth in the US due to shale gas, light tight oil as well as the Canadian oil sands extending to "virtually all recess of the global market," according to the International Energy Agency.

Commercial Solutions Announces Q2 2013 Financial Results

Gretchen Cruz — Tue, 14 May 2013 16:35:40 +0000

Commercial Solutions Inc. (TSX:CSA) announced its second quarter financial results for the three-month and six-month periods ended March 31, 2013, and reported revenues of $27.8 million.

CBM Asia Updates Non-Brokered Private Placement and London AIM Listing Study

Pia Rivera — Fri, 10 May 2013 14:56:28 +0000

CBM Asia Development Corp. (TSXV:TCF,US:CBMD,FWB:IY2) reported that the non-brokered private placement announced on March 6, 2013 and April 1, 2013 is moving forward.

Keith Schaefer Names the Last-Standing Shale Plays

theenergyreport — Thu, 09 May 2013 23:00:28 +0000

Shale oil has been North America's great experiment, says Oil & Gas Investments Bulletin Editor Keith Schaefer. But in this interview with The Energy Report, he questions the experiment's success and predicts steep declines ahead, with just a few formations left to supply the market. The question is what shale play will last the longest? Read on to find out how—and when—to get positioned for the end of the shale revolution.

USGS Doubles Estimates at Bakken and Three Forks Shale

Vivien Diniz — Tue, 07 May 2013 11:00:06 +0000

The USGS doubled the estimates at the Bakken and Three Forks Shale formations, an increase that some believe is limited by the technology available.

James McIlree: Three Companies Could Transform Power Production

theenergyreport — Thu, 02 May 2013 19:38:34 +0000

James McIlree: Three Companies Could Transform Power Production - The Energy Report (5/2/13) Energy tech companies have a business model that's closer to Apple Inc. than Apache Corp. In other words, it's all about the new product. The products Dominick & Dominick Analyst James McIlree is excited about offer major benefits like improved geological mapping for oil and gas explorers, or electric grid safety for energy utilities. In an interview with The Energy Report, McIlree talks about his favorite companies in the energy tech space and how understanding product cycles can help investors time their buys.