BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Chicago Bridge & Iron: Back up the truck]]>http://www.bloggingstocks.com/2009/10/28/chicago-bridge-and-iron-back-up-the-truck/http://www.bloggingstocks.com/2009/10/28/chicago-bridge-and-iron-back-up-the-truck/http://www.bloggingstocks.com/2009/10/28/chicago-bridge-and-iron-back-up-the-truck/#commentsFiled under:

In April, the call was that Chicago Bridge & Iron (NYSE: CBI) was undervalued at $7.31. If you bought CBI in April, you're up 178%. Not bad.

Moreover, it goes without saying that I'm reiterating my Buy rating for CBI, first recommended on April 6, 2009.

Continue reading Chicago Bridge & Iron: Back up the truck

Chicago Bridge & Iron: Back up the truck originally appeared on BloggingStocks on Wed, 28 Oct 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Canadian oil sandsCanadianOilSandsCBIChicago Bridge and Ironmiddle eastMiddleEastoil sandsOilSandsWed, 28 Oct 2009 17:30:00 EST<![CDATA[Marathon picks up big stake in Canadian oil sands]]>http://www.bloggingstocks.com/2007/07/31/marathon-picks-up-big-stake-in-canadian-oil-sands/http://www.bloggingstocks.com/2007/07/31/marathon-picks-up-big-stake-in-canadian-oil-sands/http://www.bloggingstocks.com/2007/07/31/marathon-picks-up-big-stake-in-canadian-oil-sands/#commentsFiled under: , , , , , ,

There was a big acquisition announced today [subscription required] in the world of oil and gas, as Marathon Oil Corp (NYSE: MRO) is picking up Canada's Western Oil Sands Inc. for $5.56 billion, plus assumed debt of $650 million.

The deal is going to give Marathon Oil a huge presence in one of the world's largest crude oil reservoirs, the Athabasca Oil Sands Project. The deal, which is scheduled to finalize during the fourth quarter of this year, is going to give Marathon control over 300,000 gross acres of oil sands.

There are lots of hopes riding on the future of oil coming out of the Canadian oil sands. While the cost of getting that oil out of the ground is much higher than the cost of normal oil exploration, there are several reasons why it is being viewed as very profitable. The primary reason is the close proximity that the area has to America, which is, after all, the world's largest consumer. Being the closest supplier to the world's largest consumer of oil puts companies in Canada in a very enviable position.

Continue reading Marathon picks up big stake in Canadian oil sands

Marathon picks up big stake in Canadian oil sands originally appeared on BloggingStocks on Tue, 31 Jul 2007 14:10:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>canadaCanadian oil sandsCanadianOilSandsinthenewsMarathon Oil CorpMarathonOilCorpmergersmroNYSE: MRONyse:Mrooil explorationOilExplorationWestern Oil SandsWesternOilSandsTue, 31 Jul 2007 14:10:00 EST<![CDATA[Top Picks 2007: Out-of-favor favorites in energy and metals]]>http://www.bloggingstocks.com/2007/01/11/top-picks-2007-out-of-favor-favorites-in-energy-and-metals/http://www.bloggingstocks.com/2007/01/11/top-picks-2007-out-of-favor-favorites-in-energy-and-metals/http://www.bloggingstocks.com/2007/01/11/top-picks-2007-out-of-favor-favorites-in-energy-and-metals/#commentsFiled under: ,

In my recent posts, I have been reviewing the most popular sectors for the coming year, according the the newsletter advisors who participated in the Top Picks from 2007 report. In my last post, I highlighted stocks in healthcare, tech, and telecom. Today, I want to review the resource sectors -- energy and metals -- that remain very popular among advisors, despite being out-of-favor in recent trading.

First, let's look at the metals, where gold remains a popular choice. Sy Harding chose ASA Bermuda, a closed-end gold fund, Curtis Hesler selected Yamana, and Martin Weiss opted for Kinross.

Pamela Aden selected the bullion tracking exchange-traded fund, the streetTracks Gold Trust; Mark Leibovit also chose streettracks Gold. Meanwhile, Mary Anne Aden chose the iShares Silver Trust.

Outside of the precious metals, Tom Bishop chose copper play, Taseko Mines, while Neil Macneale selected steel stocks.

Equally as volatile as metals -- and currently out-of-favor -- has been energy. The energy sector has been high on the list of Top Picks for the past 4 years. This year, however, there is a noticeable shift.

Continue reading Top Picks 2007: Out-of-favor favorites in energy and metals

Top Picks 2007: Out-of-favor favorites in energy and metals originally appeared on BloggingStocks on Thu, 11 Jan 2007 12:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ASA BermudaAsaBermudaCanadian Oil SandsCanadianOilSandsenergyEnergy MetalsEnergyMetalsgoldInternational Coal GroupInternationalCoalGroupiShares Silver TrustIsharesSilverTrustKinrossPenn West Energy TrustPennWestEnergyTrustPrecision DrillingPrecisionDrillingRentechstreetTracks Gold TrustStreettracksGoldTrustTaseko MinesTasekoMinesValero EnergyValeroEnergyYamanaThu, 11 Jan 2007 12:05:00 EST