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[Canadian Natural Resources: Oil Sands Sector Winner]]>http://www.bloggingstocks.com/2011/04/05/canadian-natural-resources-oil-sands-sector-winner/http://www.bloggingstocks.com/2011/04/05/canadian-natural-resources-oil-sands-sector-winner/http://www.bloggingstocks.com/2011/04/05/canadian-natural-resources-oil-sands-sector-winner/#commentsFiled under: , ,

The stock of (CNQ) pushed substantially higher this winter, clearing major psychological resistance at $50, before pulling back in healthy-correction fashion.

Further, given the better than 50% gain, if you bought Canadian Natural Resources when first discussed here at the split-adjusted price of $31.80 on May 24, 2010, now may be a good time to consider taking some profits off the table with CNQ.

Continue reading Canadian Natural Resources: Oil Sands Sector Winner

Canadian Natural Resources: Oil Sands Sector Winner originally appeared on BloggingStocks on Tue, 05 Apr 2011 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CanadaCanadian Natural ResourcesCNQenergy stocksfeaturedoiloil sandsTue, 05 Apr 2011 09:30:00 EST<![CDATA[Devon Energy: A Stock That's Misbehaved]]>http://www.bloggingstocks.com/2010/09/17/devon-energy-a-stock-that-s-misbehaved/http://www.bloggingstocks.com/2010/09/17/devon-energy-a-stock-that-s-misbehaved/http://www.bloggingstocks.com/2010/09/17/devon-energy-a-stock-that-s-misbehaved/#commentsFiled under:

The shares of independent oil/natural gas company Devon Energy Corp (DVN), first discussed on May 27, 2009, at a price of $60.89, misbehaved this summer, and the downtrend is a concern.

The company is transforming itself in to a pure onshore exploration and production company and divesting offshore assets. Devon's oil sands/shale production will only partially offset natural gas production declines, stemming from a soft natural gas market. The company will also spend about $2 billion on shale plays in 2010, hence a sustained, high oil price is critical, given the higher production costs associated with oil sands extraction.

Continue reading Devon Energy: A Stock That's Misbehaved

Devon Energy: A Stock That's Misbehaved originally appeared on BloggingStocks on Fri, 17 Sep 2010 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Devon Energy CorpDVNoil sandsFri, 17 Sep 2010 13:30:00 EST<![CDATA[Deepwater Gulf Spill May Create New Era for Oil Sands]]>http://www.bloggingstocks.com/2010/07/20/deepwater-gulf-spill-may-create-new-era-for-oil-sands/http://www.bloggingstocks.com/2010/07/20/deepwater-gulf-spill-may-create-new-era-for-oil-sands/http://www.bloggingstocks.com/2010/07/20/deepwater-gulf-spill-may-create-new-era-for-oil-sands/#commentsFiled under: ,

Experienced investors know that investing conditions can sometimes shift quicker than the sands in the Sahara desert.

All key economic and sector fundamentals can line-up, and then...up pops the unexpected to objectively change conditions. Case in point: Oil sands.

Originally viewed as a viable source of increased oil reserves, sentiment on Canada's vast oil sands soured as it became clear that, in addition to the fossil fuel's above-average extraction/processing costs, the energy form also produced extensive land, water, and air pollution. Oil sands is cleaner than coal, but not as clean as most forms of natural gas and oil.

Continue reading Deepwater Gulf Spill May Create New Era for Oil Sands

Deepwater Gulf Spill May Create New Era for Oil Sands originally appeared on BloggingStocks on Tue, 20 Jul 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>DeepwaterGulf oil spilloiloil sandsTue, 20 Jul 2010 17:00:00 EST<![CDATA[Suncor Energy: Promising Oil Sands Play]]>http://www.bloggingstocks.com/2010/07/12/suncor-energy-oil-sands-play/http://www.bloggingstocks.com/2010/07/12/suncor-energy-oil-sands-play/http://www.bloggingstocks.com/2010/07/12/suncor-energy-oil-sands-play/#commentsFiled under:

Suncor logo I first wrote about Suncor Energy (SU) on February 5, 2009, at a price of $18.35. Shares of the Canada-based oil sands play have meandered for the past three months, but I still like the business model. Here's why.

Recent volatility is in part due to the uncertainty surrounding future oil exploration regulations, as a result of the massive Deepwater Horizon oil spill. Oil sands recovery does not represent as large a risk to the environment as drilling a mile (or more) beneath the ocean, but land-based oil exploration may face tougher regulations, moving forward, nonetheless.

Continue reading Suncor Energy: Promising Oil Sands Play

Suncor Energy: Promising Oil Sands Play originally appeared on BloggingStocks on Mon, 12 Jul 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>oil sandsSUSuncor EnergyMon, 12 Jul 2010 12:30:00 EST<![CDATA[Suncor Energy Remains in Uptrend]]>http://www.bloggingstocks.com/2010/01/08/suncor-energy-remains-in-uptrend/http://www.bloggingstocks.com/2010/01/08/suncor-energy-remains-in-uptrend/http://www.bloggingstocks.com/2010/01/08/suncor-energy-remains-in-uptrend/#commentsFiled under:

As oil's price rises, oil sands company Suncor Energy Inc.'s (SU) prospects brighten, which is a major reason I'm reiterating my buy rating for the company's shares, first recommended on February 25, 2009, at a price of $18.35. If you bought Suncor in February 2009, you're up more than 100%.

Canada-based Suncor's oil sands production jumped 24% in Q3 to 305,000 barrels per day (bpd), stemming from the Petro-Canada merger and improved performance. For the full-year 2009, SU's oil sands production should increase an impressive 30-35%.

Continue reading Suncor Energy Remains in Uptrend

Suncor Energy Remains in Uptrend originally appeared on BloggingStocks on Fri, 08 Jan 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>canadaoiloil sandspetro-canadaSUSuncor EnergyFri, 08 Jan 2010 17:00:00 EST<![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[Ray of light: Canada's oil sands pollute less than thought, study says]]>http://www.bloggingstocks.com/2009/07/24/ray-of-light-canadas-oil-sands-pollute-less-than-thought-stud/http://www.bloggingstocks.com/2009/07/24/ray-of-light-canadas-oil-sands-pollute-less-than-thought-stud/http://www.bloggingstocks.com/2009/07/24/ray-of-light-canadas-oil-sands-pollute-less-than-thought-stud/#commentsFiled under: , ,

In this market and economy, you take the good news where you can get it, and on Friday U.S. investors received one from up north. Namely: oil sands.

Tar-sands oil in Canada is cleaner than previously calculated, according to an Alberta government report.

Carbon-dioxide emissions from producing oil in Western Canada sand deposits are roughly 10% higher than competing U.S. crude imports, the Alberta Energy Research Institute announced, Bloomberg News reported. Earlier studies had found that greenhouse gases from oil sands were as much as 40% higher.

Continue reading Ray of light: Canada's oil sands pollute less than thought, study says

Ray of light: Canada's oil sands pollute less than thought, study says originally appeared on BloggingStocks on Fri, 24 Jul 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>oil pricesoil sandsFri, 24 Jul 2009 16:40:00 EST<![CDATA[Consider Suncor, because the future belongs to owners of oil sands ]]>http://www.bloggingstocks.com/2009/07/16/consider-suncor-because-the-future-belongs-to-owners-of-oil-san/http://www.bloggingstocks.com/2009/07/16/consider-suncor-because-the-future-belongs-to-owners-of-oil-san/http://www.bloggingstocks.com/2009/07/16/consider-suncor-because-the-future-belongs-to-owners-of-oil-san/#commentsFiled under:

I'm Reiterating my Buy rating for Suncor Enegy (NYSE: SU) first recommended on February 25, 2009 at a price of $18.35.

Suncor's oil sands production increased 12% in Q1 or by 27,800 barrels per day, roughly in-line with expectations. Moreover, oil sands is the driver here, with the focus being Canada's Athabasca oil sands region: oil sands require a larger investment and hence a higher price, but the substantial sands resources of Canada will play a larger role in energy as the world's older, conventional oil fields continue to decline.

Continue reading Consider Suncor, because the future belongs to owners of oil sands

Consider Suncor, because the future belongs to owners of oil sands originally appeared on BloggingStocks on Thu, 16 Jul 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>oiloil sandsOilSandsSUSuncor EnergyThu, 16 Jul 2009 17:00:00 EST<![CDATA[Suncor will be 'digging up' profits for a very long time ]]>http://www.bloggingstocks.com/2009/02/26/suncor-will-be-digging-up-profits-for-a-very-long-time/http://www.bloggingstocks.com/2009/02/26/suncor-will-be-digging-up-profits-for-a-very-long-time/http://www.bloggingstocks.com/2009/02/26/suncor-will-be-digging-up-profits-for-a-very-long-time/#commentsFiled under:

An oil play? In this market? You may ask, "How so?"

True, the price of oil collapsed 2008, due to the departure of many leveraged investors after the financial crisis started, and due to the U.S. and global recessions. Hence, given oil's likely sluggish 2009 path, you have to investigate thoroughly (due diligence) and invest carefully when you're considering an oil play.

That said, know this: oil 'taint' going to remain near $35-45 per barrel forever. When global GDP growth resumes (it's flat-lining now, or worse), oil will move back toward $60, and with the above in mind, Suncor Energy (NYSE: SU) is worth a review.

Continue reading Suncor will be 'digging up' profits for a very long time

Suncor will be 'digging up' profits for a very long time originally appeared on BloggingStocks on Thu, 26 Feb 2009 17:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>natural gasoiloil sandsrefiningSUSuncor EnergyThu, 26 Feb 2009 17:50:00 EST<![CDATA[Top Stock Picks '09: Bird Construction Income (BIRDF)]]>http://www.bloggingstocks.com/2009/01/04/top-stock-picks-09-bird-construction-income-birdf/http://www.bloggingstocks.com/2009/01/04/top-stock-picks-09-bird-construction-income-birdf/http://www.bloggingstocks.com/2009/01/04/top-stock-picks-09-bird-construction-income-birdf/#commentsFiled under: , , , ,

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

"Like the U.S., Canada is looking to big infrastructure plans," says Roger Conrad. In The Canadian Edge, he looks to Bird Construction Income Fund (OTC: BIRDF) as his top pick for 2009.

The Canadian income stock specialist explains, "The U.S. isn't the only country about to pour billions into infrastructure; Canada is also making a big move. And Bird Construction will be a prime beneficiary of this infrastructure spending.

"Bird has been a dominant player in building design and construction services for more than 85 years. Today, the company literally has its hands in every province, supporting projects for everything from oil sands mining to school construction.

"Third quarter 2008 revenue surged 31.5%, pushing nine-month growth to 48.3% as earnings per share more than doubled from 2007 levels.

"Meanwhile, order backlog -- the best predictor of future growth -- rose to better than $1.2 billion (Canadian), up from $821 million a year ago and $969 million at the beginning of 2008.

Continue reading Top Stock Picks '09: Bird Construction Income (BIRDF)

Top Stock Picks '09: Bird Construction Income (BIRDF) originally appeared on BloggingStocks on Sun, 04 Jan 2009 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BDT-UNbird construction income fundbirdfcanada infrastructurecanada stockscanadian edgecanadian stocksdividend stockshigh yield stocksincome stocksinfrastructure stocksoil sandsroger conradsteven halperntoronto stocksSun, 04 Jan 2009 13:00:00 EST<![CDATA[Saudi Arabia's al-Naimi sees permanent $60 oil floor price]]>http://www.bloggingstocks.com/2008/03/04/saudi-arabias-al-naimi-sees-permanent-60-oil-floor-price/http://www.bloggingstocks.com/2008/03/04/saudi-arabias-al-naimi-sees-permanent-60-oil-floor-price/http://www.bloggingstocks.com/2008/03/04/saudi-arabias-al-naimi-sees-permanent-60-oil-floor-price/#commentsFiled under: , , , , ,

Saudi Arabia's Oil Minister Ali al-Naimi said Monday oil prices are unlikely to fall below $60 per barrel, Bloomberg News reported Monday.

Ali al-Naimi, head of the nation with the world's largest oil reserves and highest oil exports, did not indicate whether OPEC was leaning toward maintaining current production quotas in the face of oil's most-recent price rise. Oil has increased about $15 in the past two weeks to more than $100 per barrel, as concerns about underperforming U.S. stocks due to the sluggish U.S. economy, and inflation fears, have prompted investors to pile into oil as an investment and as an inflation hedge. Oil closed Wednesday up 61 cents to $102.45 per barrel.

Last week, OPEC President and Algerian Oil Minister Chakib Khelil told reporters in Algiers that "we don't expect to put more oil in the market."

New oil floor: $60?

Al-Naimi told Bloomberg News yesterday that obtaining energy from harder-to-refine sources, such as tar sands and alternative fuels, costs about $60-70 per barrel "and, therefore, a line has been drawn below which the price cannot fall."

Continue reading Saudi Arabia's al-Naimi sees permanent $60 oil floor price

Saudi Arabia's al-Naimi sees permanent $60 oil floor price originally appeared on BloggingStocks on Tue, 04 Mar 2008 11:33:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>al-Naimialternative energyemerging marketsfeaturedGDPglobal economyoiloil pricesoil sandsOilPricesOPECSaudi ArabiaU.S. economyUnited StatesTue, 04 Mar 2008 11:33:00 EST<![CDATA[China digs a hole to Canada]]>http://www.bloggingstocks.com/2007/06/29/china-digs-a-hole-to-canada/http://www.bloggingstocks.com/2007/06/29/china-digs-a-hole-to-canada/http://www.bloggingstocks.com/2007/06/29/china-digs-a-hole-to-canada/#commentsFiled under: , , , , ,

China National Petroleum Corp, parent of PetroChina Comapny, Ltd. (NYSE: PTR) has gotten rights from the Canadian province of Alberta to drill for oil. But the company plans to do it the hard way.

One of the hopes for replacing dependence on current oil reserves is to drill into tar sands. The ground contains a substance that can be converted to oil, but the process of separating out the material that can be refined is very costly. Then again, so are oil prices. As the price for crude sits near $70 a barrel and China looks to the need for oil and gas to keep its economy moving, tar sands drilling may actually make economic sense.

According to Wikipedia: "Oil sands may represent as much as 2/3 of the world's total petroleum resource." If oil demand continues to rise, tapping this resource may become critical.

Right now, China has no way to get much more than its share of the world's oil production. The economies of Europe, Japan, and the U.S. need the fuel just as much as the big Asian country. But if China is willing to make the investment, it could start to change the game. The communist government does not have the public company P&L issues that big oil companies do. It can put down huge sums of money if it thinks tar sands could solve its problem in the decades ahead.

And that would give China an edge.

Douglas A. McIntyre is a partner at 24/7 Wall St.

China digs a hole to Canada originally appeared on BloggingStocks on Fri, 29 Jun 2007 10:55:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>canadachinaoil sandsOilSandspetrochinaptrtar sandsTarSandsFri, 29 Jun 2007 10:55:00 EST