Oil #1: We Buy Oil by NPR Oil is everywhere, and in nearly everything: Our phones, our clothes, our food, and our medicine. It has driven industrial progress and technology. It has shaped our civilization, powered its rise. Despite all […]
Tag: oil companies
Bronte Capital Amalthea Fund Letter: Valeant is not a normal short; Walking dead oil companies
Bronte Capital Amalthea Fund letter to investors for the month ended February 29, 2016. Bronte Capital Amalthea Fund had a good month in a stressful market. Our performance is usually good in a weakly downward market and it was during […]
The $2 Trillion Gift From Oil Companies To Consumers
The $2 Trillion Gift From Oil Companies To Consumers One of the biggest mysteries of the last quarter is why the economy seems so weak. Sure, Chinese economic growth stinks, and Europe continues struggling with its own problems, but none […]
Oil’s Financial Depletion: What’s Ahead For Energy Firms?
Oil’s Financial Depletion: What’s Ahead For Energy Firms? by Knowledge@Wharton In a boom-and-bust business like oil, a company must be nimble to survive. Companies that grew quickly thanks to the shale boom are trying to weather the dramatic slide in […]
Climate Change: The Value Investor’s Perspective
Climate Change: The Value Investor’s Perspective by Balint Anton Francisc The current attitude towards renewable energy sources should be a deja vu: almost a century ago, John D. Rockefeller ruled the oil industry with his Standard Oil’s empire. He made […]
Saudi Clout Means No Relief For Oil Companies: UMD Energy Economist
Saudi Clout Means No Relief for Oil Companies: UMD Energy Economist COLLEGE PARK, Md. - The price of crude oil dipped below $40 for the first time since 2009 this week, a sign of the relentless pressure on oil companies […]
The House Approves Bill To End Ban On Oil Exports
The House of Representatives approved a bill that would end the ban on oil exports, which is expected to ignite another showdown with President Barack Obama. The House voted 261-159 in favor of lifting the ban, which was first enacted […]
US Economy Badly Disappoints Analysts’ Expectations
US Economy Badly Disappoints Analysts’ Expectations by Gary D. Halbert FORECASTS & TRENDS E-LETTER by Gary D. Halbert March 24, 2015 IN THIS ISSUE: US Economy Disappoints Analysts’ Expectations Badly CitiGroup’s Economic Surprise Index Ranks US Lowest US Most Disappointing […]
The Great American Oil Boom [INFOGRAPHIC]
As oil companies have gravitated to the area, their staff have begun to make up an increasingly high percentage of the population. In fact, male oil workers are responsible for making North Dakota the state with the second largest male […]
Civeo (CVEO) Tanks On 2015 Operating Guidance
The shares of Civeo Corporation (CVEO) closed 8.27% per share, up by 2.61% on Monday, but the stock price of the company plummeted 25% to $6.20 per share after-hours. Civeo Corporation declined after-hours following its announcement about its initial operating […]