Wealth Creation Through Natural Resources
Since peaking in early June West Texas Intermediate (WTI) Crude Oil has been in . There are some interesting observations to be made about the current setup in crude oil and energy stocks: WTI Crude Oil (Daily) Since peaking … Continued
The market has done what it does best and that is to adjust to supply & demand and settle into a new equilibrium price range: The global crude oil market is moving back into deficit after spending the last couple … Continued
In a recent interview Tesla Founder & CEO Elon Musk provided the following nugget regarding the battery-powered vehicles industry’s dependence upon graphite as a crucial input regardless of the fact that its batteries are widely known as lithium-ion batteries: “The … Continued
Crude oil has nearly doubled from its February low and has carved out a fairly robust uptrend during the first half of 2016, recently finding support near its rising 50-day simple moving average: WTI Crude Oil (Daily) The uptrend … Continued
A Surprising Turnaround in Frac Sand Demand Frac sand (proppants) have seen a surprise turnaround in demand projections during the first half of 2016. Many investors and industry observers left this segment of the oil market for dead at … Continued
With WTI crude oil prices rallying above $51/barrel today the oil price has moved back into the shale ‘sweet spot’ zone: If you look close enough at the above chart you will notice that the rig count has bottomed … Continued
Jericho Oil Corp (JCO.V) recently released its “Management Discussion and Analysis (MD&A)” For Q1 2016 and there are some encouraging details in the report: In Q1 2016, despite an average spot Oklahoma Sweet Crude oil price of just ~$30 … Continued
Rig count way down, production down, efficiency way up:
Something we have been noticing for the last week is the significant divergence between energy stocks and crude oil. Technician and fund manager J.C. Parets is all over it today with his premium “Chart of the Week” post. Here is … Continued
When an insider who already owns nearly 40% of a company chooses to buy another C$500,000 of stock it is a strong sign of conviction and an indication that there could be a great deal of value at the levels … Continued