oil Archive
26 Jul 2012
US Silica could be a 5 bagger in the next 3 years
Over the past few years we have profiled a number of development, exploration, drillers as well as oil & gas companies in the Bakken region. Some of these have been prolific gainers for investors such as Brigham
8 Oct 2011
Weekly Roundup – Continental Still Upbeat
Oil bounced off its short term low last week and is currently a bit below $83. European debt issues are still in the forefront, but the most investors backed off the panic selling we saw a week
14 May 2011
Brigham Exploration and Continental Resources looking attractive here
It’s been a tough 2 weeks for oil with a flurry of news causing massive volatility and ultimately sending Bakken stocks down about 5-10% since the beginning of May. A number of factors including supply/demand concerns, margin
18 Nov 2009
Active Drilling Rig Count – Nov 18th
As of November 18th, the active rig drill count is at 64 which is 24 more than we saw during the summer months but far fewer than the 100 plus we saw in 2008. Familiar names such
27 Feb 2009
Bakken strategy
It seems that oil has bottomed and in some strange way may actually turn out to be a flight to quality amidst the financial turmoil that has overwhelmed the markets. We see that XLE has massive support
3 Feb 2009
Time has passed but nothing has changed
About a month has passed and not much has changed with our Bakken plays. Oil is still around the $40 per barrel mark and any increase seems to be tempered by the doldrums of the dow which
8 Nov 2008
Bottom is forming
The market has taken a somewhat predictable yet still very volatile pattern over the last few weeks. We see resistance when the dow approachs the 9200-9500 range and we have seen three retracements to the 8500 range.
14 Aug 2008
Is it over yet?
Are we still looking for the bottom in oil? Trading has been very choppy over the last 10 trading days for our bakken plays. At this point, we are still waiting for this elusive bottom and only
24 Jul 2008
Glass half full?
The pain continues today for many oil stocks as there is still fear that oil prices will continue to drop from its current level of $125 per barrel. If we can sustain 1 or 2 weeks of
21 Jul 2008
A tiny Bakken play that could be a 10 bagger (or a 0 bagger) in 3 years
I came across a tiny Bakken play Western Standard Energy Corp (WSEG.OB) that has a $27 million dollar market cap. This is truly the smallest publicly traded Bakken play that I have come across thus far. Western
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