Tag: InPlay Oil
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JP Morgan lead analyst pegs $150 price target for Brent Crude, are we in an oil markets supercycle?
Oil markets are making headlines, but if you have been a reader of Equity Guru, then you were given the heads up back in late July 2023. My outlook and technical analysis play by play was given in subsequent articles and chart attack videos. Our first target has been hit, and prices are pulling back…
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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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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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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.…