As a long-term shareholder in ConocoPhillips (NYSE:COP), I wanted to compare them will a leading domestic shale producer – EOG Resources (NYSE:EOG). As you surely are aware, COP had been one of the “Big 3” international integrated oil companies prior to the spin-off of Phillips 66 (NYSE:PSX), a move that unleashed tremendous shareholder value. But now COP is an upstream only company....More>>>
March 9, 2017: The S&P 500 closed barely higher on the day up 0.08% and 1.89 points at 2,364.87. Separately the DJIA closed higher 0.01% on the day at 20,858.19, up approximately 2.46 points. Overall this was brought about by another strong performance by the healthcare sector, namely drug manufacturers. Although we saw crude oil make a massive drop on Wednesday, which continued Thursday, it....More>>>
Buckeye Partners, L.P. (NYSE: BPL): A Brief Introduction
“Buckeye Partners, L.P. is a publicly-traded master limited partnership that provides mid-stream energy logistics services. Buckeye owns and operates one of the nation’s largest independent petroleum products common carrier pipeline networks providing refiners, wholesalers, marketers, airlines, railroads and other commercial....More>>>
With oil prices having more than doubled from their early 2016 low, to over $65 per barrel, traders are waking up this morning to the possibility that the long-dormant oil sector may be coming back with a vengeance.
Today’s prices allow drillers to hedge for $60 per barrel oil for over one year, meaning they now have a platform for new investment. Production recently passed its 2014....More>>>
Stocks fought off weakness to end marginally higher on Tuesday as energy shares rebounded in concert with oil prices. But market sentiment remained cautious ahead of a meeting later this week between President Donald Trump and his Chinese counterpart Xi Jinping.
Investors also are awaiting Fridays jobs report.
The S&P 500 index
(All dollar amounts are in Canadian dollars unless otherwise noted.)
THCX data by YCharts
Hydropothecary (OTC:HYYDF; THCX.V) is a Canadian cannabis producer based in Gatineau, Quebec. Notably, the company received the largest recreational cannabis order from the province of Quebec, representing about 35% market share in Canada’s second most populous province.
Media headlines about Canadian Pacific Railway (NYSE:CP) (TSE:CP) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Canadian Pacific Railway....More>>>
U.S. equities mostly finished lower on Thursday while the Dow Jones Industrial Average inched higher — by four tenths of a point — to a new record high. For the average investor, all the focus will be on the Dow’s seventh consecutive gain. Below the surface, however, ominous signs continue to grow with the market flashing another “Hindenburg Omen” signal in the....More>>>
April 25, 2018: Markets opened slightly lower Wednesday and it did not appear that anything would turn that around. But turn they did in the early afternoon despite the 10-year Treasury yield topping 3% and stronger dollar. Maybe is was a couple of good earnings reports plus a few biggies after today’s close — like, Facebook and Ford, for example.
Equity indexes traded very near....More>>>
As a Canadian, I am proud of what our business leaders have done in the past several years. Canada Goose (GOOS) is one of many success stories, albeit one that has had some controversy at times. Despite that, the company remains one of the more interesting growth stories coming out of the great white north. The apparel industry has had a difficult year, but GOOS has a different approach to many....More>>>
I’ve created a simulation of past and future oil production in the Bakken in the form of a virtual oil field.
(image source:Illinois DNR)
In this simulation, I created a number of virtual oil wells for each week, over time, based on Baker Hughes Rig Count data.Top Oil Stocks To Own Right Now: Range Resources Corporation(RRC)
Oil prices steadied on Thursday, on the heels of a 2% plunge that came after data showed U.S. oil production hit a new weekly record.
The stabilization in crude prices came as a sense of calm appeared to be returning to global equity markets. The resignation of top White House economic adviser Gary Cohn late Tuesday fueled concerns about a trade war and spiked a selloff for perceived riskier....More>>>
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There are many different types of investors and just as many different strategies that they follow to achieve....More>>>
Expedia (NASDAQ: EXPE) and Daseke (NASDAQ:DSKE) are both retail/wholesale companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, analyst recommendations, institutional ownership, dividends, valuation and profitability.
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Expedia pays an annual dividend of....More>>>
Oil prices were falling back Thursday off three-year highs hit in the prior trading session amid political tensions in the Middle East, but analysts are generally optimistic about stocks in the space, meaning Thursday’s dip could represent a buying opportunity.
Both West Texas Intermediate crude and global benchmark Brent crude prices were down slightly Thursday to $66.57....More>>>