Category: Oil and Gas
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Is it time to go long Natural Gas?
From a technical analysis perspective, it appears as if natural gas has bottomed. Is it now time to go long natural gas? I am approaching this from a trading/medium term perspective. From a long term/investing perspective I do believe natural gas has a promising future. Liquified natural gas (LNG) has been making recent headlines given…
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Source Rock Royalties (SRR.V): Canada’s only publicly listed junior pure oil & gas royalty play
My readers know that I love royalty and streaming companies. I really do believe it is one of the best business models ever created. Streaming companies give cash to mining companies in exchange for a share of the mine’s future metal sales. Equity Guru writer Lukas Kane summarizes it nicely: It’s like lending someone $10,000…
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Here’s why natural gas is going to be critical!
I was going to title this article “why millennials should pay attention to natural gas”. But it doesn’t matter what your age is. Moves in the natural gas markets will (and are already!) affecting you. If you are a regular reader of Equity Guru then none of this comes as a surprise. Not only have…
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Southern Energy (SOU.V) sells natural gas at a premium to NYMEX, as prices soar
Southern Energy (SOU.V) is a $63 million company strategically positioned to benefit from surging natural gas prices. Southern is developing conventional natural gas and light oil resources in the southeast Gulf States of Mississippi, Louisiana, and East Texas. “US Natural Gas futures are trading around the $8.80/MMBtu mark, not far from a 14-year peak of…
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Oil price to resume uptrend on EU embargo on Russian oil. $185 a barrel oil?
Rising oil prices have been the talk on the street. Both Wall and Main street. Investors and traders are betting on higher prices due to geopolitics, while main street is worried higher fuel costs will eat into their monthly income as the inflation and rising interest rates hit the middle class. I am here to…
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Southern Energy (SOU.V) drills three horizontal wells in Mississippi as natural gas prices go ballistic
In 2021, as trillions of dollars of dumb money flowed into virtual currencies, meme stocks, SPACs and Nonfungible Tokens (NFTs) – profitable legacy industries like Oil & Gas have been kicked to the curb. Southern Energy (SOU.V) is a $31 million energy producer with natural gas and light oil assets in Mississippi and Alabama featuring…
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InPlay Oil (IPO.T): On BNN Bloomberg TV, portfolio manager admits to “waiting for a pullback that just hasn’t materialized”
InPlay Oil (IPO.T) is building a light oil production portfolio in Alberta. IPO operates “long-lived, low-decline properties” with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities. Six weeks ago, InPlay announced that it has acquired 100% of Prairie Storm Resources (PSEC.V). The acquisition of Prairie Storm enhances its…
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X-Terra Resources (XTT.V) working to build value in Quebec gold-silver project
Back in 2019, the Fraser Institute ranked the province of Quebec as the 4th best mining jurisdiction on the planet. The James Bay region, known for gold, base metals and diamond deposits is Quebec’s jewel. X-Terra Resources (XTT.V) is one of the junior explorers capitalizing on the region’s earthbound riches. The company’s flagship Troilus East…
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InPlay Oil (IPO.T) torquing at just the right time as oil prices trend upwards
I’ll be honest, I haven’t had a lot of conversations with people about what a great investment oil and gas is over the last three years. For the most part, Canada’s favourite resource has been denigrated, ignored, beaten, and damned for a while now, but a funny thing happened when the world reopened post-Covid restrictions.…