Buy Price: $11.50 or better Sell Price: TradersPro Sell Signal Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company’s oil and natural gas properties are located primarily in North Dakota, Montana, Colorado, and Pennsylvania; and Alberta, British Columbia, and […]
Read MorePart of taking a smart, value-based approach to investing in the stock market involves keeping track of information on industry and economic trends that are likely to have broad residual impacts on market activity. One of the sectors that I think has a broad carryover effect on multiple other sectors in the economy is Energy, […]
Read MoreSince the beginning of 2021, the energy sector has rebounded strongly from the pandemic-driven pressures that had kept prices – particularly in crude oil – depressed throughout 2020. From a November 2020 low point at around $34, for example, West Texas Intermediate (WTI) crude more than doubled to an October peak at around $85. The […]
Read MoreStart saving those pennies as driving your car may cost way more in 2022, predicts gas price tracking firm GasBuddy. In a new study released on Wednesday, GasBuddy forecasts the nationwide average price for gas will be $3.41 in 2022. The current price nationwide averages about $3.29. GasBuddy thinks prices could near $4 a gallon […]
Read MoreThe renewed vigor in oil prices of late is only just the beginning, contends veteran industry analyst Phillip Streible of Blue Line Futures. Streible thinks oil prices are at risk of hitting $60 in the near-term due to an Omicron-related demand slowdown. But that will likely prove to be a buying opportunity in front of […]
Read MoreEnerplus Corporation (ERF) Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company’s oil and natural gas properties are located primarily in North Dakota, Montana, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. Synaptics Incorporated (SYNA) Synaptics Incorporated develops […]
Read MoreWhile oil markets are concerned about the immediate hit to demand from the Omicron COVID surge and a looming oversupply, officials at oil-producing countries and industry executives have been warning for months of a supply shortage in coming years unless investment in new projects rises materially. Last year and this year, investment in new oil […]
Read MoreOne of the big themes this year of the “reopening” trade has come from a generally expected increase in consumer activity in activities that were almost completely restricted in 2020 such as travel to take vacations. That generally implies consumer demand for airlines, hotel bookings, and resorts should also increase, which is typically good news […]
Read MorePhoto Illustration by Sam Kelly; Dreamstime (2) The average energy stock is on track to gain more than 50% this year, a stunning result for a sector that has lagged far behind the market for most of the past decade. Prospects are looking good for 2022, too, particularly in oil. International crude prices have risen […]
Read MoreOil pumpjacks stand in the Inglewood Oil Field on Nov. 23, 2021 in Los Angeles. Mario Tama/Getty Images About the author: Clark Williams-Derry is an analyst with the Institute for Energy Economics and Financial Analysis. The price of oil has become a lot like the weather: If you don’t like it now, wait a minute. […]
Read MoreA new Florida-based startup hopes it has devised a solution to the decades-old puzzle of how to transport natural gas from Turkmenistan’s enormous reserves across the Caspian to Azerbaijan and, potentially, onward to Europe. The company, Trans Caspian Resources (TCR) was founded in April and is co-headed by a former U.S. ambassador to Turkmenistan, Alan […]
Read MoreAn international shipping company and leader in the seaborne transportation of refined oil products and chemicals. Their fleet of product tankers is fully chartered under medium- to long-term time and bareboat charters. CPLP $16.0600 0.1200 % 0.7500 Capital Product Part Sector : Transportation Industry : Transportation – Ship Signal Short Term Trend Long Term Trend […]
Read MoreThe deeply impoverished South American country of Suriname, which has been sharply impacted by the COVID-19 pandemic, is hoping to replicate the hydrocarbon success being enjoyed by neighboring Guyana. While Suriname’s economy shrank by 16% during 2020 because of the fallout from the pandemic, Guyana’s gross domestic product soared by a massive 43.5% and the […]
Read MoreClimate activists protest against the Cambo oil field during last month’s Cop26 summit in Glasgow A major North Sea oil project which it was claimed would help secure UK energy supplies has been plunged into crisis after Shell pulled out citing doubts about its viability, amid a lack of political support in Westminster and Holyrood. […]
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