Category: Oil and Gas
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EarthRenew (ERTH.C) books 1st organic fertilizer sale to Alberta wellsite reclamation company
ERTH sold 25 tonnes of its organic fertilizer product to NorthWind Land Resources, a land reclamation company.
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Desert Mountain Energy (DME.V) wanted some money, the markets went all ‘No, take more! Take it all!’
Not so long ago, one of our sales guys called Desert Mountain Energy (DME.V) and said, ‘yo desert bros, we like helium, you got helium, let’s work together.’ DME politely face-palmed. ‘We don’t really have a lot of money,’ they said. ‘We’re transitioning.’ Then their stock ran from $0.70 to $1.70. Now they’ve got dollars.…
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I asked Twitter what tickers I should be writing about: Twitter had 35 ideas… here’s 6 of them
Ever get the feeling, looking at your watchlist, that you’re seeing the same thing over and over? That maybe there’s interesting stuff out there you just haven’t heard about yet? I put a simple question to Twitter today: “Give me a ticker symbol you think I should be writing about (limit one per person), three…
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Oil prices take a dive, and Equity Guru tells you what it all means
As if 2020 has not been weird and unusual already, today the world experienced another unprecedented wacky event: negative oil prices. If anyone reading this is about to rush to the nearest gas station to get paid to fill up their tank, think again. I already tried that and it didn’t work. A more in-depth…
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Fortunes won and lost in Oil’s recent volatility
NYMEX (WTI) Light Sweet Crude Oil is the world’s most liquid and actively traded crude oil futures contract. If you think you know oil, and you fancy yourself a nimble trader (and are looking for some pick-your-jaw-off-the-floor price action), the “Texas light sweet” WTI contract—ticker symbol CL—is the most efficient way to trade this madhouse…
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Drone attacks, price gaps, and Jericho Oil (JCO.V)
Pre-dawn drone attacks on two major Saudi Arabian oil facilities over the weekend sent shock waves across the planet. These weaponized drones hit their mark with savage accuracy, lighting up the gated processing community of Abqaiq, ratcheting up tensions in a region already considered volatile. “One official said there were 19 points of impact on…
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Permex Petroleum (OIL.CN): a deeply undervalued Permian Basin focused oil and gas opportunity
In a recent Equity.Guru offering, we asked: “Shouldn’t our reliance on fossil fuels be tapering off by now?” For some, the logical answer is “yes”, but it’s not that simple. We answered this query the following way: Fossil fuels are finite. Hydrocarbons take hundreds of millions of years to form, and once drained from their…
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Redemption tale: International Frontier Resources (IFR.V) told you they’d kick back
They’re crappy at blowing their own horn over at International Frontier Resources (IFR.V), so I’m going to do it for them. Here’s what I wrote back on July 24, in a story that IFR CEO Steve Hanson told me quietly, “Hurt.” A 50% drop in stock value is a tough day for any resource company…
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International Frontier Resources (IFR.V) slammed after drill hits sinkhole, but the climb back has begun
A 50% drop in stock value is a tough day for any resource company executive, but when that executive owns more stock in that company than anyone else, it’s a particularly forceful boot to the nards. Steve Hanson, President and CEO at International Frontier Resources (IFR.V), had been doing the work, drilling out a Mexican…