Tag: oil industry

6 Energy Stocks Spilling Lower

6 Energy Stocks Spilling Lower

With oil prices treading water, these energy stocks are suffering U.S. equities are treading water on Wednesday as the latest earnings season continues and investors digest an increasing flow of results. Transportation stocks, which I discussed yesterday, are dropping in response to mixed guidance from CSX (NYSE:CSX), but that looks like a buying opportunity ahead of a likely […]

Continue Reading

3 Reasons To Be Bullish Exxon Stock, Even After The Rally

| January 22, 2019 | 0 Comments
3 Reasons To Be Bullish Exxon Stock, Even After The Rally

Exxon stock still looks really attractive Last year was definitely rough for Exxon Mobil (NYSE:XOM), with the shares down about 24% from the high Exxon stock was the sixth worst performer in the Dow. But the drop in XOM was more than just about the market swoon. The oil industry has had to deal with some tough […]

Continue Reading

From Shale Oil To Shale Fail

| November 1, 2018 | 0 Comments
From Shale Oil To Shale Fail

I’m tempted to say the following to the writers of two recent pieces outlining the continuing negative free cash flow of companies fracking for oil in America: “Tell me something I don’t already know.” But apparently their message (which has been true for years) needs to be repeated. This is because investors can’t seem to […]

Continue Reading

Is Climate Change A Real “Crisis”?

| October 9, 2018 | 0 Comments
Is Climate Change A Real “Crisis”?

The United States government has now officially embraced climate change as a catastrophe in the making. Only it contends that the catastrophe is now inevitable no matter what humans do…and so, we should do nothing at all since whatever we do won’t matter much. That, at least, was the justification offered for freezing fuel-efficiency standards […]

Continue Reading

Energy Stocks Adopting New Technologies

| October 4, 2018 | 0 Comments
Energy Stocks Adopting New Technologies

Even as technology invades other areas of industry, there has been one notable laggard in adopting new technologies – the energy industry. Even the mining industry is using robots to automate many of the functions at mines, but autonomous robots are still a rarity in the oil and gas industry (more on that later). So […]

Continue Reading

Ride Ecopetrol Through The Crude Oil Turbulence

Ride Ecopetrol Through The Crude Oil Turbulence

Leverage emerging market growth with growing oil demand. Ecopetrol (NYSE:EC) is the largest oil producer in Colombia. That may not seem like a big deal, but Colombia is the fourth-largest oil producer in Latin America behind Brazil, Mexico and Venezuela. At this point, Venezuela is a basket case, so there’s no opportunity for investing there. And […]

Continue Reading

Why We’re Headed Toward Oil Independence

Why We’re Headed Toward Oil Independence

Almost two years ago, the Saudis acknowledged they had a problem. The price of oil was too low. The oil-rich country had fought a surge in supply from American frackers by opening the taps, and the move pushed oil prices to their lowest level in decades. Even though the Saudis and other OPEC members still […]

Continue Reading

Big Oil Bets Big On Big Data To Increase Revenues And Cut Costs

| April 24, 2018 | 0 Comments
Big Oil Bets Big On Big Data To Increase Revenues And Cut Costs

President Trump is not the only one using the words “mission accomplished”. On April 13, the International Energy Agency (IEA) said that OPEC could use those words in its battle to reduce the global glut of oil that had been a problem since 2015. The IEA said oil stockpiles had dropped dramatically over the past […]

Continue Reading

How To Profit From Demand Destruction Of Oil

| February 27, 2018 | 0 Comments
How To Profit From Demand Destruction Of Oil

In the latest annual energy outlook from BP PLC (NYSE: BP), it was the first time the company forecast oil demand would eventually peak and then steadily decline. BP put the date for peak oil demand in the late 2030s. And the cause is one I’ve told you about quite often in my articles – the […]

Continue Reading

3 Energy Stocks To Buy For The Rest Of 2018

| January 11, 2018 | 0 Comments
3 Energy Stocks To Buy For The Rest Of 2018

XOP, XOM and SLB are all begging to be bought into weakness The first week of 2018 provided gains galore for stock bulls. One of the emerging themes worthy of your attention is the potential for a commodity comeback, particularly in energy stocks. In contrast to virtually every other sector, oil stocks only just recently […]

Continue Reading