Streetwise Oil & Gas - Exploration & Production Articles
Second Cuban Offshore Oil Well Also a Bust
Source: Bloomberg Businessweek, Peter Orsi (8/6/12)
"A second deep-water exploratory well in the Gulf of Mexico has proved a bust, Cuba's state oil company announced Monday, dealing another blow to the island's dreams of petroleum riches."
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The One Ratio Every Energy Investor Should Use
Source: Kent Moors, Oil & Energy Investor (8/5/12)
"Energy Returned on Energy Invested (EROEI) is becoming a substantial element in the availability and cost of energy."
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Oil & Gas Industry Shows Department of Interior's Contributions to Economy
Source: Julia Bell, IPA AAccess Direct (8/5/12)
"The Obama administration released a report on the Department of Interiors' contributions to the economy in 2011, during which it added $385B to the U.S. economy and supported more than 2M jobs."
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Catalysts Give Energy Stocks a Jolt: Jocelyn August
Source: George S. Mack of The Energy Report (8/2/12)
Small- and mid-cap energy stocks respond to big news in big ways. Senior Analyst Jocelyn August of Sagient Research keeps track of events and related share price movements that can shed light on how stocks will perform when new triggers are pulled. In this exclusive interview with The Energy Report, August discusses some of her favorite and not-so-favorite names that could make profits (or losses) for attentive investors.
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Where to Look in This Volatile Oil Market: Tim Murray
Source: Zig Lambo of The Energy Report (8/2/12)
It hasn't been a very exciting year for most energy stocks, but therein lies the opportunity for selective buyers with a longer-term view. In this exclusive interview with The Energy Report, Tim Murray, oil and gas analyst at Desjardins Securities, explains why he prefers small-cap producers in this market environment and discusses a few favorites he expects will outperform.
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China's Energy Frontier Expands to Disputed Waters
Source: Reuters, Randy Fabi and Chen Aizhu (8/1/12)
"First came the diplomatic offensive, then the flexing of military muscle. Now, China is moving ahead with its first major tender of oil and gas blocks in disputed parts of its waters."
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As the US Corn Crop Withers, Ethanol Markets Soar and then Slip
Source: John Kingston, Platts (7/30/12)
"These are the times that ethanol opponents warned against. This past week has been the one where ethanol burst into the news, and where markets gyrated sharply."
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India's Blackout Underscores Need for Energy Investment
Source: Bloomberg Businessweek, Bruce Einhorn and Kartikay Mehrotra (7/30/12)
"In India, it's a fact of life: The power goes out. A lot. With the country's power plants and electricity grid unable to keep up with demand in the world's second-largest country, blackouts are everyday occurrences."
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The Federal Reserve, Gold, Oil, & the Dollar's Demise
Source: Chris Vermeulen, The Gold and Oil Guy (7/29/12)
"Over the longer term, a weak dollar is positive for precious metals and other hard assets."
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Play US Energy Independence with Income-Generating MLPs: Stephen Maresca
Source: George S. Mack of The Energy Report (7/26/12)
Fossil fuels have to be transported and stored. This is the classic midstream industry that resides between the producers and the marketers and that generally makes money regardless of the price of oil, natural gas or natural gas liquids (NGLs). Now, with the boom in production coming from unconventional oil and gas shales and the enhanced technologies that produce fuels in areas where it was once impossible, the demand for midstream oil and gas infrastructure is growing. In this exclusive interview with The Energy Report, Morgan Stanley Managing Director and Master Limited Partnership (MLP) Analyst Stephen Marsesca makes his case for a handful of MLP and common stocks that will generate increasing cash flow and dividend payouts.
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The Hidden Cost of Peak Oil
Source: Don Miller, Money Morning (7/25/12)
"Nobody's talking about the high cost of getting the new oil out of the ground. But very soon, high extraction costs will kick crude oil prices into high gear."
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A New Trend Stirring In Natural Gas. . .
Source: Matt Insley, Natural Resource Hunter (7/25/12)
"Natural gas prices are up over 50% in the past few months; it shows a new trend emerging in natural gas usage."
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Small-Cap Energy Stocks Have Hit Bottom: Steve Palmer
Source: Peter Byrne of The Energy Report (7/24/12)
Don't panic, because things can't get much worse. Instead, hold your cards and scout out buying opportunities. This is the strategy Steve Palmer employs at AlphaNorth Asset Management, a small-cap powerhouse with a track record of solid returns. In this exclusive interview with The Energy Report, Palmer gives a quick-and-dirty assessment of resource markets and explains why he now favors energy stocks over precious metals in the current environment.
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China Seeks North American Energy Reserves, Know-How
Source: Associated Press, Elaine Kurtenbach (7/24/12)
"China's appetite for overseas energy assets remains as strong as ever despite its current economic slowdown. Weaker oil prices and a resolve to capture technologies China needs to unlock its own sizable but hard to extract reserves are powerful incentives for its energy companies to snap up foreign producers."
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The Trajectory Shows Oil Prices Will Rise
Source: Kent Moors, Oil & Energy Investor (7/21/12)
"We are now witnessing a return to a 'normal' oil market. But that doesn't mean a lack of volatility or a narrow range of trading."
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Will Oil Prices be the Next Manipulation Scandal?
Source: Ben Gersten, Money Morning (7/20/12)
"Now that the Libor manipulation scandal has been revealed, it looks like oil prices could be the focus of the next search for misreporting."
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You Don't Want to Miss This Opportunity
Source: Frank Holmes, Money Morning (7/19/12)
"Looking at the results of metals and natural resources during the first half of 2012, only four commodities on our periodic table pulled off a positive return. Wheat grew the most, rising 13%, followed by single-digit rises from corn, gold and copper."
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Why Gas Prices Are Heading Higher
Source: Kent Moors, Money Morning (7/18/12)
"On the way down, gasoline price declines were exceeding the reduction in oil prices. Now, we have the opposite trend."
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Continuing Commodities Super Cycle Not All About China Any More
Source: Geoff Candy, Mineweb (7/18/12)
"Analysts feel the commodities super cycle is not behind us, but global population growth will see the center move from China to other areas of the developing world."
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Why the World Is Coming for America's Oil
Source: Forbes, Christopher Helman (7/18/12)
"Soaring oil output from the Bakken Shale fields, coupled with increased deepwater output primarily from the Gulf of Mexico, has pushed up U.S. domestic oil production by 12% since 2008."
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Buy 'Discount Darling' Oil Stocks This Summer: Ray Kwan
Source: Zig Lambo of The Energy Report (7/17/12)
Not every beaten-down oil stock is necessarily a bargain. Picking the true gems requires in-depth analysis of the type that Ray Kwan, professional engineer and oil and gas analyst, does at Macquarie Capital Markets. In this exclusive interview with The Energy Report, he explains what to look for and talks about several of his "discount darlings" and why he thinks they offer investors a good shot at above-average returns.
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Floating LNG: The New Revolution in Offshore Natural Gas
Source: Keith Schaefer, Oil & Gas Investment (7/17/12)
"A full 10% of the world's LNG is expected to be sourced offshore by the end of this decade, with costs potentially as much as 40% lower than onshore projects."
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Is Natural Gas Ready to Pop?
Source: Chris Vermeulen, The Gold And Oil Guy (7/17/12)
"Over the last two weeks, there been significant support above $18 and significant volume for natural gas."
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Coal Vs. Nat Gas: Fossil Fuels Compete for Generation
Source: Scientific American, Melissa Lott (7/15/12)
"Generation costs for plants fueled by natural gas fell dramatically in the past two decades, prompting a continuing trend of substituting coal with natural gas-fired generation."
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Oil Marches Forward on Volatility and Geopolitical Tensions
Source: Kent Moors, Oil & Energy Investor (7/13/12)
"Regardless of the increasing domestic sourcing in the U.S., the wider market will still determine the price. And the combination of volatility and geopolitics is setting a higher floor for crude oil."
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