The Keystone XL Pipeline has been the center of debate for about a year now. No matter your stance on the issue, America is in need of this pipeline in order to maintain our current needs for oil and natural gas. Whether you like it or not, this is a true statement. Marin Katusa agrees with this point of view, and gives us the run down about the truths on American oil needs.

Oil production in North America is also rising, and if any small portion of the continent’s shale oil deposits can be put into production economically, then output will shoot skywards. Right now America’s total proven onshore oil reserves stand at roughly 15 million barrels. The oil that geologists believe lies within America’s shale deposits dwarfs that number: estimates for the Bakken, Eagle Ford, and Marcellus shales average 20 billionbarrelseach. Now, these barrels are not “proven,” which describes reserves expected to be economic. But the oil is there and, as Canada’s oil sands have so clearly shown, uneconomic deposits turn into black gold when the price of crude rises. Those oil sands are the other reason North America’s oil output is climbing: The oil sands are already pumping out 1.5 million barrels of crude oil per day (bpd), with production expected to double by 2020 and then rise to 3.7 million bpd by 2025.

All of this domestic oil and gas is a blessing. People may not love the idea of oil and gas wells in their beloved homeland, but the only other choice is to continue buying oil from Saudi Arabia, Nigeria, Venezuela, Iraq, Angola, Colombia, and Algeria. The list speaks for itself – all are countries with U.S. relations ranging from delicate to downright difficult and unstable.

Finally, whether or not one wants to believe that we need all this oil, the fact is that we do. North America is addicted to fossil fuels. That addiction needs to be treated, but the transition will take a long time, especially because none of the alternative energies developed to date stand the test of economics. Until those options improve and then expand, even environmentalists will need to heat their homes, buy food and goods transported on trucks and rail, use cars, buses, and planes to get around, and plug in their electronics. And don’t forget that oil is not just used to make fuel – oil is also a major ingredient in plastics, rubbers, fertilizers, paints, dyes, detergents, synthetic fibers like polyester and nylon, and makeup. We really do operate in a world that turns on oil and gas.

This is a great break down on the realities of the American oil situation. Pipelines are going to be our best bet to keep prices in line and make oil more accessible in North America. Pipelines need to happen in order to satisfy the American need.

Quotes taken from report by Marin Katusa, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Looking for some new stock options? Well there are a number of big oil companies that the fund managers love. Insider Monkey listed 10, but here are our favorites of the bunch.

Apache Corp (APA): Apache also made it to the top of several hedge fund managers portfolios. As of the end of September, Jean-Marie Eveillard’s First Eagle Investment Management and Ray Dalio’s Bridgewater Associates had significant positions in the company.

Devon Energy Corp (DVN): T. Boone Pickens’s BP Capital is even more bullish about Devon. His fund had nearly 7% of its portfolio invested in Devon at the end of the third quarter. David Dreman’sDreman Value Management, Jean-Marie Eveillard’s First Eagle Investment Management and George Soros’ Soros Fund Management are also fans of the stock.

EOG Resources (EOG): Ken Fisher’s Fisher Asset Management, T. Boone Pickens’s BP Capital and Jean-Marie Eveillard’s First Eagle Investment Management each owned strong positions in EOG at the end of the third quarter.

If the funds like these stocks, it wouldn’t be a bad move for you to like them too. They are big oil stocks so they may be a bit pricey, so do your research to make sure you are putting your money in place that works well for your portfolio. 

Quotes taken from report by Insider Monkey,  Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

There were a number of stocks in 2011 that really struggled. Despite the fact that they were hurting this year, does not mean that 2012 will be the same. Here are some stocks that are looking like they will pick up in 2012.  Lindsey Bell brings the good news for these stocks.

Alpha Natural Resources (ANR)

Company Profile: Alpha Natural Resources is an Appalachian coal supplier.

2011 Stock Performance: minus 59%

What Went Wrong: The acquisition of MasseyEnergy after its tragic mine accident in 2010 is taking longer than expected to integrate and costing more, causing investors to question the acquisition. Concerns over an economic slowdown in the U.S. and Europe also weigh on the stock.

Is It Worth Owning in 2012? Many analysts argue that the stock has been unfairly beaten down. As Massey Energy is consolidated, its profits will improve and the realization of savings ($150 million in 2012) will provide support for the stock. Plus, U.S. coal contract prices are up from last year, which will help profitability. I recommend buying this stock in 2012.

Things sure can change in a years time. This stock sure was down and out during the past year, but could be on the up and up next year. 2012 could bring good things for ANR and its stock holders.

Quotes taken from report by Lindsey Bell, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Often stocks will seem like a great deal from a first glance. Sometimes they are, other times it can be a bit more deceiving. So where does Halliburton fit into the picture? Le’ts investigate further. Anand Chokkavelu does a great job of breaking down the numbers to understand what is really going on here.

The current price multiples
First, we’ll look at most investors’ favorite metric: the P/E ratio. It divides the company’s share price by its earnings per share (EPS) — the lower, the better….

…

Halliburton has a P/E ratio of 12.1 and an EV/FCF ratio of 57.5 over the trailing 12 months. If we stretch and compare current valuations to the five-year averages for earnings and free cash flow, Halliburton has a P/E ratio of 13.6 and a five-year EV/FCF ratio of 34.2.

A positive one-year ratio under 10 for both metrics is ideal (at least in my opinion). For a five-year metric, under 20 is ideal.

The consistency of past earnings and cash flow
An ideal company will be consistently strong in its earnings and cash flow generation.

In the past five years, Halliburton’s net income margin has ranged from 8.6% to 23.8%. In that same time frame, unlevered free cash flow margin has ranged from 2.5% to 13.2%.

How much growth we can expect
Analysts tend to comically overstate their five-year growth estimates. If you accept them at face value, you willoverpay for stocks. But while you should definitely take the analysts’ prognostications with a grain of salt, they can still provide a useful starting point when compared to similar numbers from a company’s closest rivals.

Let’s start by seeing what this company’s done over the past five years. In that time period, Halliburton has put up past EPS growth rates of 3.5%. Meanwhile, Wall Street’s analysts expect future growth rates of 23.7%.

Overall, Halliburton’s growth and profit margins are what makes this stock a decent investment. That is what sets it apart from its competitors. This is a pretty solid stock, and could be worth your further research and investment.

Quotes taken from report by Anand Chokkavelu, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

As we all probably know, the European economy has been effecting our markets as well. Looks as though things are beginning to look up. This brighter outlook could potentially effect the oil futures here in the States. Andrea Tse explains how.

Stock gains were being held back by poor economic data in Europe’s largest economy and Asia’s economic powerhouse. Germany’s private sector contracted in November for the first time in more than two years, with Markit Economics reporting that its Purchasing Managers’ Index for the country dipped to 49.4 from 50.3 in November.

Meanwhile, China’s services sector in November slowed to its weakest pace in three months, according to the HSBC purchasing managers’ index. The index fell to 52.5, from 54.1 in October.

In corporate news, SAP(SAP_) plans to buy SuccessFactors(SFSF_), which provides cloud-based employee-management applications, for $3.37 billion. SAP, the German enterprise applications software giant, will pay $40 in cash for each share, a 52% premium to SuccessFactors’ closing price Friday of $26.25. SuccessFactors shares were rising 52.4% to $40 in premarket trading Monday. SAP fell 1.6% to $58.59.

Entergy (ETR_) sad Monday it plans to divest and merge its electric transmission business with ITC Holdings(ITC_). Entergy is to get $1.78 billion under the deal, which is expected to close in 2013.

 

 

Oil futures are a game we don’t play too often, but we thought this article would be of interest to you energy investors out there. Keep an eye on the European markets in order to help predict our oil futures. If you want closely enough, you may reap the benefits.

Quotes taken from report by Andrea Tse, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Shell and Noble Energy have recently decided put two new offshore oil rigs online. Looks like the Gulf of Mexico is back on the map in the oil world, and ready to start producing. When will these rigs be online? How much will they produce? Great questions, and Christopher Helman has the answers.

The Noble Bully I and Noble Bully II were built in Singapore at a cost on the order of $600 million each. These ships can drill ultradeep wells in 10,000 foot oceans. They feature a system of dynamic propeller thrusters that can hold the ship steady against harsh ocean conditions. The Bully I will be Shell’s sixth semi-submersible in the Gulf of Mexico. It will soon start drilling a prospect near Shell’s Mars-Ursa megafield. The Bully II will be deployed to Brazil next year. An unusual feature of the drillships is the lack of a standard derrick structure. Instead, they have something called a multi-purpose tower which gives workers more room to operate and houses automated pipe-handling equipment, reducing the need for handling pipe by hand. Shell says the tower mode reduces required workers by 40% and improves safety. Offshore experts out there — please chime in with some more thoughts on the pros and cons of these new rigs.

New rigs are always good sign for the companies involved. They seem to be spending their money wisely and working to increase their production. Once these rigs go online, these companies could see some nice jumps with the renewed interest from the rigs.

Quotes taken from report by Christopher Helman, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

There are always two sides to a story. Many analysts are hoping for high oil prices and are excited to see oil jump. However, there are those who feel differently. According to A. Gary Shilling feels that crude is going to drop.

Commodity prices are collapsing, as I predicted in myAug. 8 column. Copper is down 28% from its February top. Cotton has dropped 58% from its early March peak. Crude oil is down from its late April peak of $114 per barrel to $96, but it is still up 28% from its $76 October low.

Why? Beats me. The Arab Spring disruptions have fizzled, and Libyan oil production—zero in August—will likely reach 700,000 barrels a day at year’s end. In October OPEC cut its 2011 global demand forecast for the fourth consecutive month, this time by 180,000 barrels to 87.8 million per day.

Despite these dynamics the oil market is still worried about shortages, as first predicted by geoscientist M. King Hubbert in 1956. He examined the rise and fall of individual oilfield production and projected those patterns for the entire U.S. He then predicted a peak in output in 1970. Few believed him, but his forecast proved correct, and then shortages caused oil prices to surge in the 1970s.

 

Will history repeat itself? I suppose we will have to wait and see. However, despite the fact we can learn from the past, doesn’t always mean it will play out differently. 

Quotes taken from report by A. Gary Shilling, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Numbers say it all when you are looking into buying, what you think, is a affordable stock. There are few number crunching tests that NOV should pass before you put it into the “affordable” category. Luckily,  Anand Chokkavelu has done the hard work for us, and here is what the results were.

The current price multiples
First, we’ll look at most investors’ favorite metric: the P/E ratio. It divides the company’s share price by its earnings per share — the lower, the better.

Then, we’ll take things up a notch with a more advanced metric: enterprise value to unlevered free cash flow. This divides the company’s enterprise value (basically, its market cap plus its debt, minus its cash) by its unlevered free cash flow (its free cash flow, adding back the interest payments on its debt). Like the P/E, the lower this number is, the better.

Analysts argue about which is more important — earnings or cash flow. Who cares? A good buy ideally has low multiples on both.

National Oilwell Varco has a P/E ratio of 14.5 and an EV/FCF ratio of 12.2 over the trailing 12 months. If we stretch and compare current valuations to the five-year averages for earnings and free cash flow, National Oilwell Varco has a P/E ratio of 16.7 and a five-year EV/FCF ratio of 15.2.

The initial numbers makes NOV look like a real deal. Their numbers are constantly increasing which is always a good sign. No stock is perfect, so its important to dig deeper. However, this one does appear to be strong.

Quotes taken from report by  Anand Chokkavelu, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Energy funds are a big part of the energy markets. They can play a big role, and some big money takes part in energy funds. T. Boone Pickens has great knowledge of these funds, and in this instance we have some of his favorites. You may have your top 3 stocks, but Pickens has his top 3 funds. Ganxi Small Cap Movers has the details on T. Boone’s picks.

Oil & Gas Exploration & Production Group: BP slightly decreased their weighting in the group to 49.5% of its portfolio in Q3 from 54.1% in the prior quarter. Within the group, they increased their weighting in Devon Energy Corp. (DVN) and McMoran Exploration Co. (MMR). DVN operates in the U.S. and Canada, and it trades at a discount forward 9 P/E, and at 1.2 P/B and 4.8 P/CF, compared to averages of 19.8, 5.3 and 20.9 for its peers in the U.S. exploration and production group.

Oil Well Services & Equipment Group: BP significantly decreased their weighting in the group to 15.8% in Q3 from 23.2% in the prior quarter. Within the group, it increased its weighting in Switzerland-based international drilling equipment and services company Weatherford International (WFT), and they dropped their $24 million position in Swiss offshore contract drilling services provider Noble Corp. (NE).

Integrated Oil & Gas Group: BP Capital increased their weighting in the integrated oil & gas group to 20.0% in Q3 from 11.8% in the prior quarter. Specifically, BP Capital increased their weighting in British energy company BP Plc (BP) from 9.0% to 12.0%, and they added a new $7.5 million position in Exxon Mobil Corp. (XOM).

These funds are playing some big stocks. Big oil is in every funds portfolio, and each are able to make big moves because of it. Watch for these funds, they may effect your portfolio too.

Quotes taken from report by Ganxi Small Cap Movers, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Doubling stocks is like music to my ears. 2012 will be here soon, and from analysts point of view, it seems there are high hopes for better things in 2012. I sure hope they are right, I am ready for some good news. Rougemont predicts these stocks to double, and we hope to see this too.

Tesco Corporation (TESO) is trading at $11.54. Tesco provides drilling products and services to oil and gas companies. These shares have traded in a range between $10.01 to $23.39 in the last 52 weeks. The 50-day moving average is $13.58 and the 200-day moving average is $17.19. TESO is estimated to earn 59 cents per share in 2011 and $1.05 in 2012. The book value is $10.44 per share.

Forest Oil Corp. (FST) is trading at $13.30. Forest is a oil and gas company that holds interests in some high potential areas, including the Eagle Ford Shale, Louisiana, Alberta and others. These shares have a 52 week range of $8.88 and $40.23.

HollyFrontier Corporation (HFC) is trading around $21.74. HollyFrontier is a petroleum refining company, based in Texas. These shares have traded in a range between $17.22 to $38.90 in the last 52 weeks. The 50-day moving average is $29.38 and the 200-day moving average is $31.03. HFC is estimated to earn about $6.98 per share in 2011, and $4.93 for 2012.

Keep an eye on these stocks. Depending how the rest of 2011 pans out, it may be worth buying in before 2012 in preparation. Just watch those stocks, you will know what to do!

Quotes taken from report by Rougemont, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

There are two clearly defined sides when it comes to the Keystone Pipeline project. Due to the debates around the pipeline, the route has changed. How much has it changed and who will be effected? Dan Frosch explains where the change will take place, and why it has occurred. 

The proposed pipeline would run from Alberta’s oil sands to the Gulf of Mexico and was slated to pass through the Sand Hills, which includes the Ogallala Aquifer, a vital source of drinking water for the Great Plains.

TransCanada’s offer comes just days after a Nov. 10 announcement by the State Department that it would delay a final decision on the $7 billion project until it had considered other routes through Nebraska.

The Obama administration had been under increasing pressure from environmental groups, as well as citizens and lawmakers in Nebraska, to reroute the pipeline.

“I can confirm the route will be changed and Nebraskans will play an important role in determining the final route,” Alex Pourbaix, TransCanada’s president, Energy and Oil Pipelines, said in a statement Monday, adding that the company would support legislation in Nebraska that would shift the pipeline route.

Still, it is the State Department that will ultimately decide the fate of the huge project, and TransCanada’s offer of flexibility does not change the department’s plans to conduct a fresh environmental review of a new route, a process that will probably take 12 to 18 months and push the final decision into 2013.

 

Looks like Nebraska is putting a kink in the plans. Either way, the pipeline will be finished, whether it goes in its original route or not. The show must go on.

Quotes taken from report by Dan Frosch, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

With the sad state of the economy, and the European markets stuggling as well, no one expected oil to jump back up to $100. How did this happen? What do you need to know? Jon Ogg explains what happened, and how to play it appropriately.

The dollar is also up against the Euro, international funding issues remain tight, and the headlines are still more negative than positive.  So, ask yourself one question: Why is West Texas Intermediate Crude is back at $100.00 per barrel?

This morning we saw shortly after 9:00 AM that oil was up $.130 at $100.67 per barrel.  The United States Oil Fund (NYSE: USO) is trading up 0.65% at $38.68 this morning in conjunction.  iPath S&P GSCI Crude Oil TR Index ETN (NYSE: OIL) is up 0.65% at $25.50.

The move in oil services is lower, perhaps with the broader stock market, but the Oil Services HOLDRS (NYSE: OIH) is down 1.05% at $127.83.  SPDR S&P Oil & Gas Exploration & Production (NYSE: XOP) has not yet traded but is indicated slightly lower than the $55.78 close of Tuesday. The United States Brent Oil Fund (NYSE: BNO) is down 1.8% at $76.54.

 

 

Will $100 oil be here to stay? I am not being too hopeful about this, considering the volitility we have seen thus far this year. However, according to CNBC it could reach $110 or $115, but I have a feeling it won’t be going any higher than that! 

Quotes taken from report by Jon Ogg, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

We are big fans of oil service companies here at TKO, and we have found a new and interesting stock work exploring. Flotek Industries has hit our radar and we are interested. Why? Their stats seem pretty solid, and their third quarter was great.  Neha Chamaria helps us dig a little deeper to understand where this stock may go.

Great turnaround
Higher demand, improved product prices, higher drilling activity and rising oil and mineral prices were some factors pushed up Flotek’s revenue by a staggering 87.7% from the year-ago quarter to $75.1 million.

Drilling into promising areas
Flotek is set on expanding its product reach and operations. Regions like the Middle East and South America are catching up, and Flotek doesn’t want to miss the boat. It recently got a $1.1 million order for petrovalves from a national oil company in Venezuela.

The oilier, the better
Rising rig counts also added a spark to the present optimism. The total worldwide rig count rose 17.3% year-over-year as of Sept. 31, 2011. Baker’s latest data also shows how U.S. oil rigs have jumped the most in three years. The international rig count for October was also up both sequentially and year-over-year.

An upward trend of rig counts indicates higher spending by oil and gas companies on development and exploration. Naturally, this also means greater demand for products that facilitate activities like drilling, which is where companies like Flotek step in with their offerings.

 

FTK is using fracking and shale plays to up the aggressiveness of the companies drilling. Fracking has helped companies like this before, and it looks like it will do it again. If it continues to increase their production, this can be a great play to hold onto.

Quotes taken from report by Neha Chamaria, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Staying up on the latest drilling projects can be really important to understanding good companies to invest in. Knowing the new projects, and the companies working on them can help you to get in on stocks before they pop. Here are some of the latest approved drilling projects thanks to Darrell Delamaide.

The first tract that might become available is offshore Virginia, already designated for a lease sale in 2011 before the Obama administration stopped it last year. Other blocks would be available only in 2012 at the earliest, pending government studies. Actual exploration and drilling may be years away.

The president excluded the Atlantic Coast north of Delaware, much of offshore Florida, and the entire U.S. Pacific Coast. He also excluded Bristol Bay in Alaska, while opening two sectors north of Alaska that are thought to have large untapped reserves.

Sectors in the eastern Gulf of Mexico tract are believed to be the richest of the offshore fields included in the decision. The area may contain 3.5 billion barrels of oil and 17 trillion cubic feet of natural gas, according to some estimates. The western sector of the Gulf has already been developed with hundreds of offshore drilling platforms.

 

Offshore drilling seems to be the name of the game. There has been a lot of backlash against the idea of more offshore drilling following the Gulf spill. Looks like you better get ready for more offshore drilling, looks like that is where the approval is being given.

Quotes from report by Darrell Delamaide, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Peak oil and gas have been the topic of conversation for the past year. However, speculation around peak oil and gas is fizzling, and analysts are beginning to doubt it even being possible. We are bullish on peak oil and gas, as investors we all want to see it happen, but it is always good to analyze two sides of the story. According to Tim Worstall, peak oil and gas may not be possible due to shale drilling.

The Bakken Shale in North Dakota. This has propelled the State into the number three oil producing State in the nation. But now that we’ve found the technology to get oil from oil shales this does not mean that we’ve only found the Bakken Shale. This means that we want to scour the entire planet for other oil shales that can be exploited using the same technology.

The Marcellus Shale, the technologies developed to exploit that gas shale: this does not mean that we’ve only got the gas from the Marcellus Shale. It means that we’ve now got the whole Earth o explore again for shales that we can exploit using that same fracking technology. As Cuadrilla Resources has just found out in Lancashire. As most people don’t know as yet, British Gas had explored that very same shale some 20 years ago. They knew the shale was down there, there was just no way of extracting the gas at that point. Now there is and there are other fields in Poland, China and so on as well.

In fact, what seems to be becoming a consensus among some geologists is that shales are abundant (oil shales come from terrestrial plants, gas from marine) and what we’ve been thinking of for a century or two as oil or gas deposits are just those few places where geology has done the fracking and collection for us already. Now that we’ve developed fracking, to do what geology hasn’t done in the far more numerous shales, there just really isn’t any long term, long term meaning century or more, shortage of oil and or gas.

Clearly, there are two sides to the story. Depending on where your investments are, each side is worth considering. Continue to research each side, it could potentially open your eyes to different investment options or approaches.

Quotes taken from report by Tim Worstall, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

These stocks are some of the best out there. If you are in the know, these are the stocks to know about. These stocks have all the characteristics needed to make some capital for their investors. Thanks to Vatalyst, we and now you, are in the know.

Southwestern Energy Company (SWN) engages in the exploration, development, and production of natural gas and crude oil in the United States. The company operates through two segments, Exploration and Production, and Midstream Services. The stock is the top performer in my list with a net return of 14% since the start of this year with a peak of 29% touched in July 2011.

Anadarko Petroleum Corporation (APC) is one of the world’s largest independent oil and gas exploration and production companies. It markets natural gas, crude oil, condensate, and oil and natural gas liquids (NGLs), as well as owns and operates natural-gas gathering, processing, treating, and transportation systems.

Denbury Resources, Inc. (DNR) is a small-to-medium sized energy company engaged in extraction of oil and natural gas in the Gulf Coast. DNR’s recent financial history has been contrary to being “typical”, with wide swings in its topline during the last five years and more than doubling in 2010 over the previous year.

Quicksilver Resources Inc. (KWK) engages in the acquisition, exploration, development, production, and sale of natural gas, natural gas liquids, and oil onshore in North America. It focuses primarily on unconventional reservoirs in fractured shales, coal beds, and tight sands.

 

These are some stock stock options worth your time and consideration. The time you put in with research could really pay off in the long run if you end up investing. Here is your heads up, now run with it! 

Quotes taken from report by Vatalyst, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Pioneer Natural Resources saw major stock jumps recently. As we all know, there is always a good reason why stocks make big jumps. So why did PXD see the jumps this time around? Travis Hoium lets us in on the secret.

What: Shares of oil & gas explorer Pioneer Natural Resources (NYSE: PXD ) jumped 10% today after the company released earnings.

So what: Revenue during the third quarter jumped 40% to $610.5 million and adjusted earnings per share were $1.35, topping estimates of $0.87. During the fourth quarter, management expects to produce 136 to 141 thousand barrels of oil equivalent per day.

 

In the next year, management in working to expand their operations and production even further. This could be mean even more growth for this stock in 2012. Watch this stock, it could pop again, and may be worth holding long term.

Quotes taken from report by Travis Hoium, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Oil refiners saw a little dip in the markets due to decreased oil demand and supply. However, now that oil prices are beginning to see a bit of a turn around, refiners are starting to see business picking back up. There has been more positive news in the oil markets lately, and luckily these refiners are a part of that good news. Paul Ausick tells us which companies are seeing the benefits and how they are benefiting.

Refiner Tesoro Corp. (NYSE: TSO) reported third-quarter EPS last night of $2.39, some $0.41 above the consensus estimate. The largest US refiner, Valero Energy Corp. (NYSE: VLO), posted EPS for the third-quarter of $2.11, well above estimates of $1.80. Marathon Petroleum Corp. (NYSE: MPC) reported EPS for the quarter of $3.16, way above estimates of $2.44. Refining margins also boosted earnings for the major integrated oil giants BP plc (NYSE: BP), Exxon Mobil Corp. (NYSE: XOM), Chevron Corp. (NYSE: CVX), and ConocoPhillips Corp. (NYSE: COP).

Murphy Oil Co. (NYSE: MUR) reported EPS of $1.73, excluding discontinued operations, compared with a consensus estimate of $1.18. The company attributed the increase to higher prices for its crude production and higher refining margins. Exploration & production revenue rose about 40%, while refining & marketing revenue rose more than 52%.

Watch oil prices closely, they strongly effect the markets, including those refiners out there. The news has been good, lets hope it stays that way so these refiners can remain on top for a bit longer than the recent status quo.

Quotes taken from report by Paul Ausick, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Chevron’s third quarter earnings report came out recently, and boy, did they cash in! Their earnings were up, along with their dividends. Despite the tumultuous oil market, seems Chevron plays their cards correctly in order to come out on top. Reuters explains what exactly happened in this last quarter.

Shares of Chevron closed 0.6 percent higher at $109.64 on Friday, within sight of their record high of $110, hit on Thursday. Third-quarter sales rose 26 percent to $61.26 billion, while its oil and gas output fell to 2.6 million barrels of oil equivalent per day from 2.74 million a year ago.

Getting production to grow remains a nagging problem for all the big oil companies. Chevron expects an increase of 100,000 to 150,000 barrels per day in the fourth quarter, driven by production in Thailand and the Gulf of Mexico from projects that are either new, upgraded or repaired.

The profit growth was driven by oil prices. Benchmark Brent crude averaged $112 per barrel in the quarter, up from $77 last year.

Chevron also recorded a gain of about $500 million from the sale of its British refinery to Valero Energy.

This week, the company increased its dividend for the second time this year, by 3.8 percent. Pat Yarrington, the company’s chief financial officer, said this reflected confidence in its net cash position of $10.6 billion, though she acknowledged some investors would prefer more share buybacks and said the board would always consider that.

 

Keep up the good work Chevron! They are looking good for investors, not to mention themselves. It will be interesting to see what comes out next quarter. Hopefully they can keep the momentum going.

Quotes taken from report by Reuters, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

As always, some companies utilize some areas more than others. In this case, these select few companies are really using the Utica shale to make a name for themselves. They are creating a strong focus in this shale formation and creating strong exposure in the market place. Matthew Smith explains why these few companies are the select few. 

One company which is not receiving its due is EV Energy Partners, LP (EVEP) which we believe is the best play in the Utica for investors seeking both yield and massive capital gains. We think the company has one of best land positions in the play. In fact, when Chesapeake wanted to lock up land for its 1.25 million net acre position, it went to EVEP and locked up land that way. EV Energy Partners has over 600,000 net acres in the Utica and according to our data is the second largest position in the play. EVEP also enjoys the fact that much of its land is held by production (HBP), thus it can develop it at its own pace and not pile on debt to fund exploration.

Gulfport Energy (GPOR), which is not just a Utica play, but a company with mature assets (generating cash flow) and other shale and oil sands plays is another favorite which we suspect will rise further due to its Utica leverage. Gulfport has been on a run as of late, up over 50% since it fell below $20/share. GPOR is focusing on oil in the Utica, and the company is looking to expand its acreage above its current holdings and commitments. GPOR is focusing on the wet gas and oil windows for these additions, not the dry gas window. In early 2012 Gulfport will begin drilling its Utica holdings.

If you are liking the looks of the Utica Shale play, these are a couple stocks that could make you a player. They know what they are doing out there, and will probably be the most likely to use it to their advantage. We are bullish about shale plays, and the Utica Shale is really beginning to gain momentum.

Quotes taken from report by Matthew Smith, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Alaska oil has been a topic of conversation for years. The government has decided to leave it alone for a long time, but now there is added speculation and pressure to begin drilling there. As always, there is two sides to the issue, and with offshore drilling gaining momentum again, the topic is beginning to be discussed more seriously. William Yardley and Erik Olsen have the details of the current discussion. 

With the Obama administration having lifted a moratorium on offshore drilling in the Arctic and elsewhere, Shell Oil has received preliminary permits to drill exploratory wells off the coast of Alaska as soon as next summer. The government says that as many as 27 billion barrels of oil could be produced, more than has been produced by Alaska’s Prudhoe Bay oil fields since they were discovered in 1968. The State of Alaska projects that as many as 50,000 jobs could be created in the region in the coming decades. Fewer than 10,000 people live in the coastal regions of Arctic Alaska.

Yet Shell’s rigs would work in the same sea where people here have hunted migrating endangered bowhead whales for thousands of years and still do, trekking from this thin spit in the Chukchi Sea across the frozen ocean each spring and slipping into the water in sealskin boats, deliberately doing things traditionally even as they have embraced change in other ways. The whale was why people were able to survive here, and it is still the emotional anchor of the culture. People worry intensely that offshore drilling would hurt the bowhead population — and that a spill could destroy it.

“That’s our garden out there,” Susie Frankson, 65, said. “Don’t mess with our garden.”

The most vocal people here are those who oppose drilling. They worry over how much more pressure their ancient, already compromised culture can take. But plenty also think their continued survival will depend on trying to profit from oil.

Few people publicly say they support it, but many say it is inevitable. The region has yet to find a viable economic alternative to oil.

 

How likely is it the drilling will begin here? I’m not sure. However, the U.S. is eager for domestic oil production, and this is some people’s answers to the question. We will see what the Obama administration does with this one.

Quotes taken from report by William Yardley and Erik Olsen, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Peabody Energy has been all over the charts in the last couple months. This probably has some investors worried and confused. What causes this type of reaction, and why Peabody? Travis Hoium fills us in on what exactly happened to Peabody Energy and what cause this wild ride.

What: Shares of Peabody Energy (NYSE: BTU ) fell as much as 11% in early trading but have recovered most of those losses throughout the day.

So what: Peabody released earnings this morning and there really wasn’t a lot to complain about. Revenue rose 9% to $2.04 billion and adjusted earnings per share were $0.87, both beating estimates.

In other news, early in the day ArcelorMittal (NYSE: MT ) said it was pulling out of a joint bid with Peabody to purchase Macarthur Coal in Australia.

Now what: It appears the acquisition of Macarthur is moving forward as planned but this was definitely an unexpected announcement. A $5 billion acquisition is a lot for Peabody to swallow so we’ll have to see if any changes ensue.

Hopefully, these bits of information are helpful in understanding  what happened with this stock. With their latest acquisition still pending, things could remain interesting for a little while longer. Hang in there, because it could pay off.

Quotes taken from report by Travis Hoium, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Understanding the big picture of the oil industry can be crucial to your successful investment. There are many elements within the oil industry, and with our volatile markets, learning how each is connected is important. Recently there have been lower than average inventories, what does this mean to refiners and oil prices? Jon Ogg explains the other elements of the industry that will be seeing effects.

Gasoline inventories fell by 3.324 million barrels to 206.271 million barrels, worse than the drop of 1.7 million expected by Dow JOnes.  Distillates fell by 4.266 million barrels to 149.739 million barrels, also worse than the 1.7 million draw expected by Dow Jones.

The other issue to consider is a lower refining capacity.  Refineries in the last week were shown to be at 83.1%.  While some slowing is routine, this is down from 84.2% a week earlier and worse than the 83.8% expected by Dow Jones.

Valero Energy Corporation (NYSE: VLO), the king of independent refineries, is now up 1.3% at $23.70 and is challenging 5-day highs.  Oil Services HOLDRs (NYSE: OIH) is up 0.7% at $121.95, also challenging 5-day highs.

As you can see, there are many connections within the industry. Refiners are going to slow down due to the lower inventories. If you are invested in refiners, like VLO, watch your stocks closely. They too may be seeing some slowing markets.

Quotes taken from report by Jon Ogg, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Not only has China been seeking energy options from the United States, they are now looking to Canada to help support their growing energy needs. Canada is one of the largest oil exporters, and the largest oil supplier for the U.S. How will this effect our oil supply and Canada’s export business? Ian Austen explains how all of this has unfolded.

While the rise of China as a major market for Canada’s oil is far from assured, there are growing signs of interest from Beijing. Over the past three years, several Chinese state-owned oil companies have opened offices in the corporate hub of the Canadian energy industry — Calgary, Alberta — and have invested about $10 billion in the country’s oil industry.

“Until recently, energy was seen in continental terms. Now the bloom is off the rose of a just-continental policy,” said Paul Evans, the director of the Institute of Asian Research at the University of British Columbia in Vancouver, who grew up in an Alberta oil patch where his American-born father was in the business.

“Canadians are divided, but they generally see China as an opportunity. The concept of seeing energy in a global context rather than a continental one can be sold,” Mr. Evans said.

Many factors, particularly political ones, could ultimately upset any shift of oil exports away from the United States to China; but economics is probably not among them.

 

China is working hard to seek out energy producing partners. Now with Canada in the picture for the Chinese, the U.S. will begin to get involved at a whole other level considering we are now competing for Canadian oil with China. This will be an evolving relationship, and should be an interesting story to unfold.

Quotes taken from report by Ian Austen, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Oil demand has been a highly discussed topic over the past year. Oil demand has greatly effected the markets, and always will. During 2011, oil demand was unusually low, why was this? Was it due to the recession or oil prices? Paul Ausick explains how 2011 was effected by oil demand, and why. 

Crude oil prices rose about 3% yesterday primarily on the news that the France and Germany would do something to shore up their banks. Equities also rose by about the same amount, with the S&P 500 up about 3.5%. That euphoria about the global economy is not shared by the Organization of Petroleum Exporting Countries (OPEC), which has trimmed its forecast for oil demand by 180,000 barrels/day in its latest Oil Market Report.

Demand for crude is expected to reach 87.8 million barrels/day in 2011, an increase of 900,000 barrels/day over the 2010 level. For 2012, demand for OPEC crude is expected to be steady at 29.9 million barrels/day, a drop of 100,000 barrels/day since last month’s report.

As for prices, Brent crude closed yesterday at about $109/barrel, while WTI closed at about $85/barrel. Both are down about -0.5% early this morning. The OPEC reference basket is priced at about $105/barrel this morning. The cartel would not like the reference basket price to fall below $100/barrel.

 

Oil demand has seen its ups and downs this year. According to OPEC, 2012 may even see lower demands than 2011. If oil continues down this path, prices will definitely be effected, along with the oil market. 2012 should bring an interesting string of events for the oil industry.

Quotes taken from report by Paul Ausick, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.