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Texas deal shows shift of gas producers to oil investment

SandRidge Energy ’s ( NYSE: SD , Stock Forum ) recent agreement to acquire Arena Resources ( NYSE: ARD , Stock Forum ), a producer of conventional oil in West Texas, for $1.6 billion is the latest example of natural gas companies seeking to balance their...

These 10 U.S. States Are Best Prepared for a Deep Recession

This week Treasury Secretary Steven Mnuchin called out “mismanaged” states, suggesting that the federal government should not be responsible for bailing out states that had poorly managed budgets before the coronavirus pandemic brought business activ...

U.S. To "Drown The World" In Oil

The U.S. could "drown the world in oil" over the next decade, which, according to Global Witness, would "spell disaster" for the world’s attempts to address climate change. The U.S. is set to account for 61 percent of all new oil and gas production over the...

Guyana Goldstrike discovers mineralized outcrops along 1,100m trend

Guyana Goldstrike (TSX-V:GYA) has come across very prospective new ground at its Marudi Gold Project in Guyana, as it identifies targets for its 2019 drill program in the small country wedged between Venezuela, Brazil and Suriname. The junior gold explorer put out a...

Guyana Goldstrike aims to add ounces at gold-bearing iron formation

Wedged between two resource giants on the north coast of South America, Guyana has a low profile among its more well-known neighbors: Venezuela to the west and the dense rainforests of Brazil’s Amazon region to the south. The Caribbean nation bordering the ...

Canadian oil company taps unconventional oil and gas asset in Egypt

By Jason Smith Fracking opened up whole new oil and gas fields in the U.S., and now a Canadian company is applying the technology to assets in Egypt Flow tests on the first horizontal well drilled on TAG Oil’s BED-1 field showed encoura...

WPX Energy Raises Full-Year Oil Guidance by 4% and Initiates $400M Stock Repurchase Plan

Shares of WPX Energy are trading higher after it released second quarter earnings and raised full-year oil guidance by 4%. The firm also announced it is initiating a 24-month, $400 million share repurchase program. After the close of trading yesterday, W...

Oil Price and WPX Energy Shares Rebound as President Trump Tweets He Expects ...

Oil Price and WPX Energy Shares Rebound as President Trump Tweets He Expects Russia and Saudi Arabia to Reach Deal Shares of WPX Energy traded 25% higher after President Trump tweeted that he expected a deal between Russia and Saudi Arabia to scale back oil produ...

Buzz on the Bullboards: Tax Loss Season: Let’s Talk Health & Mining

Tax-loss season is already on the minds of investors. This is the time of year when some feel compelled to dump their losers – and lock-in losses. It has been a hot topic on the Bullboards, with HEXO Corp. ( TSX: HEXO , Forum ) at the forefront, as the cannabis produce...

John Kaiser Picks a Sleeper Gold Stock

In this backstage interview at the Metals Investor Forum (MIF) in Vancouver, John Kaiser of Kaiser Research picked a gold explorer with the largest drill program in Western Canada and probably the smallest market cap at the show. Taiga Gold Corp. (CSE: TGC) was un...
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