Ockham Research Staff @ November 5, 2008 # No Comment Yet
In all likelihood, we will see increased attention paid to alternative energy and the companies that make those energies. We hope that these programs are run wisely because often when a government becomes the sponsor of an economic initiative the consequences can be troublesome.
Ockham Research Staff @ October 31, 2008 # One Comment
Chesapeake Energy’s (CHK) stock price has been hammered over the past few months due to the bursting of the energy and commodities bubble. Also, some investors have voiced concern over CHK’s high debt level. However, we see this sell-off as a great buying opportunity for patient investors. CHK has hedged itself to offer some protection against the recent slide in natural gas prices and has assets significant enough (including rights in the Marcellus Shale field in Appalachia) to give it a book value in excess of its current market value. To Ockham, these considerations make CHK a stock worthy of the attention of long-term investors.
Ockham Research Staff @ October 20, 2008 # No Comment Yet
We revisit last week’s call to be bullish on oil stocks because crude was due for a rebound. So far, so good.
Ockham Research Staff @ October 20, 2008 # No Comment Yet
Excelon is offering $6.2 billion in a stock deal to buy NRG Energy, the second biggest energy producer in Texas. The companies combined would very likely aggressively pursue nuclear energy together as both company’s have expressed strong interest in that field. It seems like a good deal from our analysis, will the NRG shareholder’s agree?
Ockham Research Staff @ October 16, 2008 # One Comment
While everyone has been talking about the stock market’s recent slide, oil prices have actually dropped further and faster. In this article, we attempt to simply and rationally understand where the price of oil is heading in this highly reactionary market environment.
Ockham Research Staff @ October 8, 2008 # 3 Comments
Applied Materials is currently trading near its 10 year low and we think that the fundamentals remain strong. There is huge potential for growth in alternative energies, just ask Applied Materials themselves. They just completed a large solar power project that will power their California headquarters.
Ockham Research Staff @ September 30, 2008 # No Comment Yet
An overview of the changes to our newsletter and the announcement that coverage for all 100 equities covered on our Ockham Research web site will be avialable to the public for free. Please visit www.ockhamresearch.com to view these research reports.
Ockham Research Staff @ September 18, 2008 # 2 Comments
Nicor, Inc. (GAS) shares are a bit extended after a strong run-up over the past six months. As such, Ockham recommends selling these shares to look for more out of favor alternatives.
Ockham Research Staff @ September 10, 2008 # One Comment
Petrobras, long maligned in our ratings methodology, this week was upgraded to a buy. We think that the valuation has come back down to earth and the growth potential makes this a worthy candidate for those looking for more international exposure in their portfolios.
Ockham Research Staff @ August 26, 2008 # No Comment Yet
Anadarko Petroleum announced a massive $5 billion share buy back on Monday. The oil and gas exploration and production company’s shares are beginning to look compellingly valued at present as management continues to pare back debt and ramp up capital spending.