Investors often use P/E ratio and other valuation metrics to pick undervalued stocks with solid upside potential. However, one can also use another interesting ratio. Earnings yield, expressed in percentage, is calculated as (Annual Earnings per Share/Market Price) x 100. While comparing stocks, if other factors are similar, investors can look out for stocks with […]
Read MoreLONDON (Reuters) – Qatar has delayed choosing Western partners for the world’s largest liquefied natural gas (LNG) project by several months after surprising the industry with a big expansion plan despite a collapse in global gas prices, four sources said. State-run Qatar Petroleum (QP) declined to comment on the reported delay, which comes as the […]
Read MoreAigen Investment Management LP purchased a new position in Ecopetrol SA (NYSE:EC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,509 shares of the oil and gas company’s stock, valued at approximately $130,000. A number of other institutional […]
Read MoreWhitebark Energy Ltd (ASX:WBE) is producing at a gross rate of 1,220 barrels of oil per day (bopd) and 3.5 million cubic feet of gas per day (mmcfd) at the Wizard Lake Oilfield in Canada. Over the coming weeks work will continue to determine the most appropriate long term production rates from the three contributing […]
Read MoreCanadian Dollar, Crude Oil, Euro, Yen, Australian Dollar – Asia Pacific Market Open Canadian Dollar Gains Alongside Crude Oil Prices, Euro Weakens The Canadian Dollar outperformed against its major counterparts on Friday, extending the rally that prolonged throughout the week. Its rise occurred amid a pickup in crude oil prices, a key source of revenue […]
Read More[email protected] * Decision postponed to H2 from Q1, four sources say * Follows QP decision to expand the project even further * Asian LNG prices collapse to all-time low * Booming U.S. gas output, reduced Chinese demand add pressure LONDON, Feb 17 (Reuters) – Qatar has delayed choosing Western partners for the world’s largest liquefied […]
Read MoreBankrupt company run by Robyn Lore, who faced $17,000 in fines over the UCP ‘kamikaze’ scheme, left behind $6.9 million in deemed liabilities A bankrupt oil company run by one of the central figures in the UCP “kamikaze” scheme appears to have left behind more than a dozen orphaned oil wells and millions of dollars […]
Read MoreArticle – Oilprice.com China has a monopoly on one of the most strategic metals on the planet, and Washington is anxious to change that. Global dominance at this point in the game means control of the rare earths elements that form the backbone of existing technology and the … China has a monopoly on one […]
Read MoreMany analysts have forecast that strong US Gulf Coast demand will help boost rail shipments of Canadian crude oil to records this year. But recent pricing dynamics and new regulations following the second derailment of a Canadian crude train in two months highlight the risks facing the most optimistic projections. Alberta Premier Jason Kenney estimated […]
Read MoreIt seems that oil markets have decided that the coronavirus worst-case scenario that sent prices below the $50 mark is increasingly unlikely, with WTI now moving back up towards $52. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) Friday, February 14th, 2020 […]
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