Well, We Told You
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.
Exelon Could Grab NRG for a Song
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?
Oil Stocks are Cheap, But Will It Last?
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.
Changing Course on Petrobras
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.
Grey Wolf Shareholders Should Hold Out for Better Offer!
Ockham Research Staff @ August 25, 2008 # No Comment Yet
Grey Wolf has been offered about $2 billion to merge with PDS but considering GW rejected a richer bid not long ago, we think this is unlikely to be approved. We agree with the shareholders that this undervalues the company and we recommend holding out for a better offer.
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Exxon Mobil Disappoints in First Quarter
Ockham Research Staff @ May 1, 2008 # No Comment Yet
Sky-rocketing oil prices have become a proverbial “hot-button” issue in this election year. The average cost of a barrel of oil was over $100 in the first quarter compared to just $58 in the first quarter of 2007. Consumers are frustrated by the prices at the pump, and businesses are feeling the pain too with […]
Relief at the Pump: Don’t Hold Your Breath
admin @ February 19, 2008 # 4 Comments
Oil futures surged 4.7% ahead today and crossed over $100 per barrel for the first time since a brief period on January 3rd. The markets main concern is based in speculation that OPEC will cut production when it meets next month. Those fears were fueled by comments by Iran’s Oil Minister, who […]