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“Simple” Oil Field Services Business Seems a Compelling Value Stock.
Enterprise Group (E, TSX) 40 cents | Market Cap $19 million Enterprise (E, TSX) is an Oilfields services company with an established uptrend – low risk and about to hit a new multi-year high. Smart immediate buy at current levels. Enterprise offers specialized equipment rentals and specialized services to the Oil and Gas industry. Its subsidiaries are located throughout Western…
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Rumors of a “Largest Ever” Oil Find Offshore Namibia.
$2.59 per share | Market Cap $1.2 billion The rumor mill is working overtime, but we love it because Africa Oil (AOI, TSX) has been 1 of our anchor Oil stock recommendations going back to when it was trading below $1 a share. Will this turn into a “sell the news” situation? AOI gapped higher by 50 cents yesterday morning, seemingly due to articles…
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Utah’s Uintah Basin and the $1.4 Billion Railroad Being Built to Access its Vast Resources.
From my research, Utah is the only “new” Oil state that seems to be speaking out and starting up new production. “As a Western public lands state, we certainly have an interest in seeing these resources developed, but this is about far more than benefiting Western communities. It is strikingly inconsistent for U.S. policy to…
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Abenakis of Wolinak Cozy Up With Questerre Energy to Develop Utica Shale (Despite Anti-Energy Policy in Quebec).
34 cents | Market Cap $146 million Questerre (QEC, TSX) is a stock to keep an eye on during the coming week for an attractive entry point on a short-term correction that appears to be underway. Support should be strong in the upper 20’s, key resistance in late 2020 and early 2021. Do you find it weird how Quebec is considered…
