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[Oil and Natural Gas: The Anomaly Continues]]>http://www.bloggingstocks.com/2011/03/01/oil-and-natural-gas-the-anomaly-continues/http://www.bloggingstocks.com/2011/03/01/oil-and-natural-gas-the-anomaly-continues/http://www.bloggingstocks.com/2011/03/01/oil-and-natural-gas-the-anomaly-continues/#commentsFiled under: , ,

If, as an investor, you're surprised by the ongoing anomaly in the oil/natural gas relationship, you're not the only one.

The background: Oil historically trades at about 8 times the price of natural gas. Currently it's trading at 25.8 times natural gas. About three months ago, the ratio was 20.

In late Tuesday afternoon trading, oil (West Texas Intermediate) was up $3.60 to $100.578 per barrel, while natural gas was down 16 cents to $3.88 per million British thermal units (MMBtu).

Continue reading Oil and Natural Gas: The Anomaly Continues

Oil and Natural Gas: The Anomaly Continues originally appeared on BloggingStocks on Tue, 01 Mar 2011 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>natural gasnatural gas pricesoil pricesTue, 01 Mar 2011 18:00:00 EST<![CDATA[Natural Gas Use Likely to Double]]>http://www.bloggingstocks.com/2010/07/02/natural-gas-use-to-double/http://www.bloggingstocks.com/2010/07/02/natural-gas-use-to-double/http://www.bloggingstocks.com/2010/07/02/natural-gas-use-to-double/#commentsFiled under: , , ,

natural gasA new study conducted by the Massachusetts Institute of Technology states that natural gas usage will double in the next several decades, from the present 20% to 40%.

Why natural gas? First off, we have plenty of it. Globally, we have a century and half of recoverable natural gas. In the Unites States, the amount of recoverable gas is equal to 92 times consumption.

Continue reading Natural Gas Use Likely to Double

Natural Gas Use Likely to Double originally appeared on BloggingStocks on Fri, 02 Jul 2010 09:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>carbon emissionsfeaturedfrackinginthenewsMITnatural gasnatural gas pricesnatural gas use to doubleFri, 02 Jul 2010 09:20:00 EST<![CDATA[Energy Department Admits Numbers on Natural Gas Production Are Wrong]]>http://www.bloggingstocks.com/2010/04/05/energy-department-admits-numbers-on-natural-gas-production-are-w/http://www.bloggingstocks.com/2010/04/05/energy-department-admits-numbers-on-natural-gas-production-are-w/http://www.bloggingstocks.com/2010/04/05/energy-department-admits-numbers-on-natural-gas-production-are-w/#commentsFiled under: , , , ,

The Energy Department said that its statistics on natural gas production are wrong.

The Energy Information Administration, the statistical arm of the Energy Department, regularly issues its 914 report which is used by the industry and analysis as guide for everything from making capital investments to predicting future natural gas prices and stock recommendations.

Continue reading Energy Department Admits Numbers on Natural Gas Production Are Wrong

Energy Department Admits Numbers on Natural Gas Production Are Wrong originally appeared on BloggingStocks on Mon, 05 Apr 2010 09:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>eiainthenewsnatural gas pricesNaturalGasPricesMon, 05 Apr 2010 09:30:00 EST<![CDATA[Large Price Gap Between Oil and Natural Gas Persists]]>http://www.bloggingstocks.com/2010/02/19/large-price-gap-between-oil-and-natural-gas-persists/http://www.bloggingstocks.com/2010/02/19/large-price-gap-between-oil-and-natural-gas-persists/http://www.bloggingstocks.com/2010/02/19/large-price-gap-between-oil-and-natural-gas-persists/#commentsFiled under: ,

Something's got to give regarding oil and natural gas prices: the gap between the two is too large -- oil is currently 15.7 times the price of natural gas, when the historical average is about 8.4 over the past decade.

Oil traded Friday afternoon up 62 cents to $79.68 per barrel, while natural gas is down 11 cents to $5.06 per million BTUs (MMBtu).

Continue reading Large Price Gap Between Oil and Natural Gas Persists

Large Price Gap Between Oil and Natural Gas Persists originally appeared on BloggingStocks on Fri, 19 Feb 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsnatural gasnatural gas pricesoil pricesFri, 19 Feb 2010 17:00:00 EST<![CDATA[Oil and natural gas: The tango continues]]>http://www.bloggingstocks.com/2009/10/20/oil-and-natural-gas-the-tango-continues/http://www.bloggingstocks.com/2009/10/20/oil-and-natural-gas-the-tango-continues/http://www.bloggingstocks.com/2009/10/20/oil-and-natural-gas-the-tango-continues/#commentsFiled under: ,

Something's got to give regarding the price disparity between oil and natural gas.

Natural gas, although off its lows for the year, is still cheap at about $4.85 per million Btus (MMBtu), largely due to record stock piles, as a result of the U.S. recession and probable increased reserves in the years ahead, stemming from shale gas.

Continue reading Oil and natural gas: The tango continues

Oil and natural gas: The tango continues originally appeared on BloggingStocks on Tue, 20 Oct 2009 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>natural gas pricesoil pricesshale gasTue, 20 Oct 2009 13:00:00 EST<![CDATA[While oil flies high at $72, natural gas hits a 7-year low]]>http://www.bloggingstocks.com/2009/08/20/while-oil-flies-high-at-72-natural-gas-hits-a-7-year-low/http://www.bloggingstocks.com/2009/08/20/while-oil-flies-high-at-72-natural-gas-hits-a-7-year-low/http://www.bloggingstocks.com/2009/08/20/while-oil-flies-high-at-72-natural-gas-hits-a-7-year-low/#commentsFiled under: ,

Go figure the energy markets. Oil, which despite the U.S.'s worst recession in more than a generation, never really approached its 150-year real average of $25-30, is trading around $72 per barrel.

Meanwhile, a prime competitor, natural gas, hit a 7-year low Thursday, falling through the psychologically-significant $3 per million BTUs (MMBtu) level on rising supplies and low demand from industry and power plants.

Continue reading While oil flies high at $72, natural gas hits a 7-year low

While oil flies high at $72, natural gas hits a 7-year low originally appeared on BloggingStocks on Thu, 20 Aug 2009 17:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>natural gasnatural gas pricesoil pricesThu, 20 Aug 2009 17:50:00 EST<![CDATA[Traders anticipate a bull move in natural gas]]>http://www.bloggingstocks.com/2009/08/20/traders-anticipate-a-bull-move-in-natural-gas/http://www.bloggingstocks.com/2009/08/20/traders-anticipate-a-bull-move-in-natural-gas/http://www.bloggingstocks.com/2009/08/20/traders-anticipate-a-bull-move-in-natural-gas/#commentsFiled under: , ,

Last year when crude oil prices rose to $147.00 per barrel, many homeowners and businesses converted from oil to natural gas.

On Wednesday, U.S. gas futures fell to $3.049 per mBtu, the lowest in seven years, as the market remains oversupplied.

Now enters a large unknown hedge fund that spent millions buying $10.00 January and February call options. The options give buyers the right to purchase natural gas at $10.00 per million BTUs.

Continue reading Traders anticipate a bull move in natural gas

Traders anticipate a bull move in natural gas originally appeared on BloggingStocks on Thu, 20 Aug 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>futuresinthenewsnatural gas pricesoil pricesThu, 20 Aug 2009 12:30:00 EST<![CDATA[In France, nuclear power has never gone out of style]]>http://www.bloggingstocks.com/2008/08/23/in-france-nuclear-power-has-never-gone-out-of-style/http://www.bloggingstocks.com/2008/08/23/in-france-nuclear-power-has-never-gone-out-of-style/http://www.bloggingstocks.com/2008/08/23/in-france-nuclear-power-has-never-gone-out-of-style/#commentsFiled under: ,

The United States is a nation whose electric power generation system and grid is becoming increasing inadequate, even as the nation grapples with another energy problem -- the $4 per gallon gasoline era.

Moreover, an economic slowdown and a relatively mild summer have to-date reduced the typical electric load electric power generation plants would face, but that respite will end when the U.S. economy starts to expand at a healthy rate again. And when it does, electric power demand will increase.

What's one model the United States could follow to generate more electricity while the same time reducing coal-based pollution and climate change? France.

That's right: France. Nuclear power is experiencing a mild comeback in the United States, with 34 new reactor applications on file at the U.S.'s Nuclear Regulatory Agency. In France, it never left. Further, had the United States followed the French model, the U.S. would be vastly more energy self-sufficient today.

France: liberty, fraternity, equality, fission

Nuclear power never went out of style in France, and for this reason France is decades ahead of the United States -- and much of the world, for that matter -- regarding energy self-sufficiency, The New York Times reported. An astounding 77% of France's electricity comes from its 58 nuclear power plants, and it is a net-exporter of electricity to Europe. The United States has 104 nuclear power plants, which account for only 19.4% of its generated electricity, according to U.S. Department of Energy data, The Times reported.

Continue reading In France, nuclear power has never gone out of style

In France, nuclear power has never gone out of style originally appeared on BloggingStocks on Sat, 23 Aug 2008 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>climate changeCO2coalelectricityEUEuropean UnionFranceinthenewsnatural gas pricesnuclear plantsnuclear poweroil pricesoil shockSat, 23 Aug 2008 16:40:00 EST<![CDATA[China, India see nuclear energy as essential to electricity plan]]>http://www.bloggingstocks.com/2008/06/24/china-india-see-nuclear-energy-as-essential-to-electricity-plan/http://www.bloggingstocks.com/2008/06/24/china-india-see-nuclear-energy-as-essential-to-electricity-plan/http://www.bloggingstocks.com/2008/06/24/china-india-see-nuclear-energy-as-essential-to-electricity-plan/#commentsFiled under: , , , , , ,

That the developing and developed world will need considerably more electricity in the decades ahead would not surprise most investors / readers.

That both economic zones can achieve this goal while adding a minimal amount of soot to the atmosphere, however, would.

And the technology that will undoubtedly serve as a key energy-generation component in emerging markets' 21st century power grid? You guessed it: nuclear power -- the power generation form that has lagged in the United States for more than 20 years, due to environmental regulations.

China, India push forward with plant plans

China and India are two emerging market nations that recognize that nuclear power is an essential part of meeting future electricity demand. Nuclear power will account for more than 5% of China's power output by 2020, Bloomberg News reported Monday. Meanwhile, India will start three nuclear reactors this year.

Economist Glen Langan said that while nuclear power is not, strictly speaking, a renewable energy, it has to be considered as part of the next-generation energy mix [along with wind and solar power] to meet the U.S.'s growing demand for electricity.

Continue reading China, India see nuclear energy as essential to electricity plan

China, India see nuclear energy as essential to electricity plan originally appeared on BloggingStocks on Tue, 24 Jun 2008 12:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>climate changecoalCOGEMACOGEMA La Hagueelectricityemerging marketsEmergingMarketsfeaturedFrancenatural gas pricesnuclear poweroil pricespower generationsolar energyTricastinwind powerTue, 24 Jun 2008 12:50:00 EST<![CDATA[Occidental Petroleum: Turn the oil shock to your advantage]]>http://www.bloggingstocks.com/2008/05/06/occidental-petroleum-turn-the-oil-shock-to-your-advantage/http://www.bloggingstocks.com/2008/05/06/occidental-petroleum-turn-the-oil-shock-to-your-advantage/http://www.bloggingstocks.com/2008/05/06/occidental-petroleum-turn-the-oil-shock-to-your-advantage/#commentsFiled under: , ,

The record run of oil, already up a gaudy 400% since 2000, continues, with prices breaking through $122 per barrel on Tuesday, May 6, 2008.

Meanwhile, gasoline prices, up about 20% in the past six months alone, and about 100% in the past four years, show few signs of moderating in the months ahead.

It's the era of high oil/energy prices, and until a readily-available, affordable energy substitute is found and/or oil prices decline, the oil / oil services sector will be in demand, which bodes well for Occidental Petroleum Corporation (NYSE: OXY).

Continue reading Occidental Petroleum: Turn the oil shock to your advantage

Occidental Petroleum: Turn the oil shock to your advantage originally appeared on BloggingStocks on Tue, 06 May 2008 18:24:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>gasolinegasoline pricesnatural gasnatural gas pricesOccidental Petroleumoiloil pricesoil sectoroil shockoil stocksOXYTue, 06 May 2008 18:24:00 EST<![CDATA[Oil closes at $102.59, a new record high]]>http://www.bloggingstocks.com/2008/02/28/oil-closes-at-102-59-a-new-record-high/http://www.bloggingstocks.com/2008/02/28/oil-closes-at-102-59-a-new-record-high/http://www.bloggingstocks.com/2008/02/28/oil-closes-at-102-59-a-new-record-high/#commentsFiled under: , , ,

Oil closed Thursday up $2.95 to $102.59 per barrel -- another record-high print close -- after a combination of geopolitical, production, and trading factors sent investors piling into crude oil futures as an investment/inflation hedge, Bloomberg News reported Thursday.

Earlier in the day oil hit an intra-session high of $102.70 -- within 10 cents of the all-time high, in inflation-adjusted terms, of $102.80 per barrel set in April 1980.

The other major energy commodities also rose. Heating oil surged about 6 cents to $2.83 per gallon, unleaded gasoline climbed about 2 cent to $2.49, and natural gas rocketed 39 cents to $9.45 per million BTUs.

Continue reading Oil closes at $102.59, a new record high

Oil closes at $102.59, a new record high originally appeared on BloggingStocks on Thu, 28 Feb 2008 16:35:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>emerging marketsgasolinegasoline priceshedge fundsinflationinventoriesinvestment fundsIraqnatural gasnatural gas pricesNigeriaoiloil pricesOPECTurkeyThu, 28 Feb 2008 16:35:00 EST<![CDATA[Devon at this price level is nearly divine]]>http://www.bloggingstocks.com/2008/01/25/devon-at-this-price-level-is-nearly-divine/http://www.bloggingstocks.com/2008/01/25/devon-at-this-price-level-is-nearly-divine/http://www.bloggingstocks.com/2008/01/25/devon-at-this-price-level-is-nearly-divine/#commentsFiled under: , ,


Devon Energy (NYSE: DVN) is an oil/natural gas exploration company, with operations in the U.S., Canada, and abroad.

Readers of this space know that one argument forwarded here is that in the era of elevated energy prices, oil/natural gas companies are likely to remain promising plays for the foreseeable future, baring the discovery of a cheap, widely-available, alternative energy. And among oil/natural gas companies, Devon Energy is worth an evaluation.

Analysts like DVN's sizable proved oil/gas reserves of 2.34 billion barrels of oil equivalent. Production volume should increase 4-5% in 2007 and 7-11% in 2008. Analysts also like Devon's strategy decision to sell international assets with lower growth prospects. Meanwhile, the company's overall costs remain reasonable.

Continue reading Devon at this price level is nearly divine

Devon at this price level is nearly divine originally appeared on BloggingStocks on Fri, 25 Jan 2008 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Devon EnergyDevonEnergyDVNnatural gasnatural gas pricesNaturalGasNaturalGasPricesoiloil pricesoil stocksOilPricesOilStocksFri, 25 Jan 2008 13:30:00 EST<![CDATA[Oil falls below $90 as inventories rise, yet IEA maintains demand estimate]]>http://www.bloggingstocks.com/2008/01/16/oil-falls-below-90-as-inventories-rise-iea-maintains-demand-es/http://www.bloggingstocks.com/2008/01/16/oil-falls-below-90-as-inventories-rise-iea-maintains-demand-es/http://www.bloggingstocks.com/2008/01/16/oil-falls-below-90-as-inventories-rise-iea-maintains-demand-es/#commentsFiled under: , ,

Oil plummeted $2.38 to $89.52 in early trading Wednesday after the U.S. Energy Information Agency announced that weekly crude oil inventories rose 4.3 million barrels to 287.1 million barrels, well above the 1.25 million barrel increase consensus estimate.

Heating oil fell 4 cents to $2.49, unleaded gasoline fell about 5 cents to $2.26, and natural gas fell about 4 cents to $8.15 per million BTUs.

However, despite the prospect of a U.S. recession that could lower oil demand, the International Energy Agency maintained its 2008 global oil demand forecast at 87.8 million barrels per day, a 2.3% increase from 2007, the organization announced Wednesday in a statement.

Still, the IEA qualified its 2008 oil demand projection by saying the estimate would be adjusted downward if evidence indicated the U.S. economy continues to slow.

Continue reading Oil falls below $90 as inventories rise, yet IEA maintains demand estimate

Oil falls below $90 as inventories rise, yet IEA maintains demand estimate originally appeared on BloggingStocks on Wed, 16 Jan 2008 13:06:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>emerging marketsgasolinegasoline pricesglobal oil demandglobal oil supplyheating oilHeatingOilPricesInternational Energy Agencyinthenewsnatural gasnatural gas pricesNaturalGasNaturalGasPricesOECDoiloil pricesrecessionU.S. economyU.S. Energy Information AgencyWed, 16 Jan 2008 13:06:00 EST<![CDATA[Ultra Petroleum (UPL) is well-positioned in a preferred energy form]]>http://www.bloggingstocks.com/2008/01/14/ultra-petroleum-is-well-positioned-in-a-preferred-energy-form/http://www.bloggingstocks.com/2008/01/14/ultra-petroleum-is-well-positioned-in-a-preferred-energy-form/http://www.bloggingstocks.com/2008/01/14/ultra-petroleum-is-well-positioned-in-a-preferred-energy-form/#commentsFiled under: , ,

Readers of this space know that one argument forwarded here is that in the era of elevated energy prices, oil and natural gas companies are likely to remain promising plays for the foreseeable future, barring the discovery of a cheap, widely available, alternative energy. And among oil/natural gas companies, Ultra Petroleum is worth an evaluation.

Ultra Petroleum (AMEX: UPL) is in independent oil/natural gas company with core properties in the Green River Basin of southwest Wyoming

Analysts like UPL's proven reserves of 2.4 trillion cubic feet of natural gas equivalent, modest cost structure, adequate-to-good pricing power and likely production increases. The latter stems from the start of operations at the Rocky Express Pipeline in 2008, among other efforts. Further, look for UPL to attract increased attention from investors as the value and benefits of natural gas rise amid continued high oil prices. The Reuters F2007/F2008 EPS consensus estimates for UPL are $1.29/$2.37.

Continue reading Ultra Petroleum (UPL) is well-positioned in a preferred energy form

Ultra Petroleum (UPL) is well-positioned in a preferred energy form originally appeared on BloggingStocks on Mon, 14 Jan 2008 17:23:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>energy sectornatural gasnatural gas explorationnatural gas pricesoiloil pricesUltra PetroleumUPLMon, 14 Jan 2008 17:23:00 EST<![CDATA[Lower temperatures may push oil higher]]>http://www.bloggingstocks.com/2007/11/26/lower-temps-may-push-oil-higher/http://www.bloggingstocks.com/2007/11/26/lower-temps-may-push-oil-higher/http://www.bloggingstocks.com/2007/11/26/lower-temps-may-push-oil-higher/#commentsFiled under: , , , , ,

Oil pressured $99 per barrel before easing back in Monday morning trading, as traders anticipated another bullish week for oil prices with the winter season approaching.

Jim Dietz, an independent energy trader, told BloggingStocks that weather will begin to play a larger factor in the oil markets.

"Up until now it's been emerging market demand, gasoline use, geopolitical concerns, and the falling dollar that's been supporting oil's price. Now that colder temperatures are here, the winter season will begin to act as a support for prices," Dietz said. "Not that the other factors have disappeared, it's just that we'll watch heating oil's price. Heating oil supplies are O.K. right now, but if heating oil climbs, it will force the price of crude oil higher."

In the U.S., heating oil and crude oil demand peaks during the December-February period, the Northern Hemisphere winter.

Heating oil rose about 1 cent to $2.71 per gallon, unleaded gasoline gained about 1 cent to $2.47 per gallon, and natural gas climbed $0.245 to $7.946 per million but in Monday morning trading.

Continue reading Lower temperatures may push oil higher

Lower temperatures may push oil higher originally appeared on BloggingStocks on Mon, 26 Nov 2007 10:13:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>commoditiesfeaturedgasolinegasoline pricesheating oilheating oil pricesnatural gasnatural gas pricesoiloil pricesMon, 26 Nov 2007 10:13:00 EST<![CDATA[Oil flat after hitting record $99.29 a barrel]]>http://www.bloggingstocks.com/2007/11/21/oil-flat-after-hitting-record-99-29-bbl/http://www.bloggingstocks.com/2007/11/21/oil-flat-after-hitting-record-99-29-bbl/http://www.bloggingstocks.com/2007/11/21/oil-flat-after-hitting-record-99-29-bbl/#commentsFiled under: , , , , , ,

Crude oil was virtually unchanged at $98.02 Wednesday at midday, as traders took a wait-and-see approach following a 1.07-million-barrel drop in weekly crude inventories for the week ending November 16 .

Analysts had expected an 800,000-barrel inventory gain, hence Wednesday's draw down struck some traders as an anomaly, perhaps attributable to thinner trading conditions ahead of the [U.S.] Thanksgiving Day holiday.

Earlier, crude oil had reached a record $99.29 per barrel in electronic trading.

Heating oil gained about 2 cents to $2.70 and unleaded gasoline rose about 1 cent to $2.45. Natural gas dropped 0.007 to $7.470 per million BTUs.

Oil Analysis: Fundamental and technical indicators continue to favor an oil price move toward and beyond $100 per barrel, although Wednesday's thin trading conditions will make it harder to clear the $100 hurdle today, than in a normal trading volume session. Further, traders underscored that no factors have appeared that suggest the oil-higher trend is set to end.

Oil flat after hitting record $99.29 a barrel originally appeared on BloggingStocks on Wed, 21 Nov 2007 14:50:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>energygasolinegasoline pricesheating oilheating oil pricesimportsinthenewsnatural gasnatural gas pricesNYMEXoiloil inventoriesoil pricesoil productionOPECtrade deficitU.S. Energy Information AdministrationU.s.EnergyInformationAdministrationWed, 21 Nov 2007 14:50:00 EST<![CDATA[Investing in Oklahoma: Arena Resources (ARD), Chesapeake Energy (CHK), ONEOK (OKE) and others]]>http://www.bloggingstocks.com/2007/09/14/investing-in-oklahoma-arena-resources-ard-chesapeake-energy/http://www.bloggingstocks.com/2007/09/14/investing-in-oklahoma-arena-resources-ard-chesapeake-energy/http://www.bloggingstocks.com/2007/09/14/investing-in-oklahoma-arena-resources-ard-chesapeake-energy/#commentsFiled under: , , ,

Oklahoma celebrates its centennial in November -- Happy Birthday, Oklahoma!

Today, Oklahoma is known as one of the most business-friendly states, due in part to low tax rates. Oklahoma's economy is based largely on the energy, aviation, and food processing sectors. From 2000 to 2006, Oklahoma's gross domestic product increased 50 percent. The GDP per capita grew almost 10 percent between 2005 and 2006, one of the highest rates in the nation.

Fortune magazine's 2007 list of the fastest growing companies in the U.S. included six from Oklahoma. At number three on the list was Tulsa-based Arena Resources Inc. (NYSE: ARD), a seven-year old oil and gas firm with a three-year annual growth rate of 165 percent. Back in August, Arena announced strong second quarter 2007 financial and operating results. Arena is also a major holding in the Bruce Fund, which recently made the 2007 Forbes Honor Roll.

Tulsa-based oil and gas driller Helmerich & Payne Inc. (NYSE: HP) had a three-year annual growth rate of 37 percent, which beat the S&P 500. In August, H&P announced strong second quarter 2007 results, as well as two new contracts. The Motley Fool sees expansion in other sectors as good news for drillers such as H&P.

Continue reading Investing in Oklahoma: Arena Resources (ARD), Chesapeake Energy (CHK), ONEOK (OKE) and others

Investing in Oklahoma: Arena Resources (ARD), Chesapeake Energy (CHK), ONEOK (OKE) and others originally appeared on BloggingStocks on Fri, 14 Sep 2007 18:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ARDArena ResourcesBruce FundChesapeake EnergyCHKDevon Energyenergy sectorHelmerich and PayneHPLenny Dykstranatural gasnatural gas pricesOKEOklahomaOklahoma CityONEOKTulsaUnit Corp.UNTWilliams CompaniesWilliams PipelineFri, 14 Sep 2007 18:15:00 EST<![CDATA[Top 20 advisors: Chris Mayer sees low risk with ROSE]]>http://www.bloggingstocks.com/2007/06/26/top-20-advisors-chris-mayer-sees-low-risk-with-rose/http://www.bloggingstocks.com/2007/06/26/top-20-advisors-chris-mayer-sees-low-risk-with-rose/http://www.bloggingstocks.com/2007/06/26/top-20-advisors-chris-mayer-sees-low-risk-with-rose/#commentsFiled under: ,

Last December, over 100 stocks were featured in our Top Picks for 2007 report. Now, at mid-year, we turn to the 20 advisors whose picks showed the strongest gains to get an update on their previous picks, as well as a new favorite stock for the second half of the year.

Chris Mayer, editor of Capital & Crisis, chose Rosetta Resources Inc. (NASDAQ: ROSE) as his top pick for 2007. The stock rose 32%, as of June 1, 2007. Here is Chris's original recommendation for Rosetta and his new favorite stock for the rest of 2007.

Updating Rosetta, the advisor now says, "I continue to like ROSE, which should increase production greatly this year. The company is in good financial shape. It still has a relatively low-risk portfolio of drilling projects.

"I also feel good about the future of natural gas prices. In a world where we're draining the conventional natural gas wells at a fast rate, large fields of relatively untapped gas potential in the lower 48 are going to be worth a lot. Rosetta has that in its Rio Vista interests.

The company also keeps blowing away estimates. In the March quarter, earnings came in 33% better than analysts expected. In December, they beat the consensus by 24%. All of this and it still trades for a reasonable multiple -- only 14 times next year's (too low) estimate."

See all 20 stocks the advisors picked for the second half of 2007.

Top 20 advisors: Chris Mayer sees low risk with ROSE originally appeared on BloggingStocks on Tue, 26 Jun 2007 10:35:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Chris MayerChrisMayerfavorite stocksfinancial newsletter advisorsnatural gas pricesRio VistaRioVistaROSERosettaRosetta ResourcesRosettaResourcessteven halpernthestockadvisors.comTop Picks 2007top stock picksTopPicks2007TopStockPicksTue, 26 Jun 2007 10:35:00 EST