follow us like us subscribe contact us
Loading, please wait

An Energy Company that Continues to Excite Me

By Dan Dicker | Fri, 08 March 2013 17:30 | 0

There’s no doubt that the energy sector has been a virtual minefield this year. With the Dow Jones Industrial Average hitting fresh highs, you would think just about any energy company would be doing well, but some are performing spectacularly while others are in a deep funk.

I’ve done a lot to tell you how I try to separate the wheat from the chaff, the great potential runners like Anadarko and EOG resources and avoiding the slowpokes like Devon energy, BP and SandRidge. 

One name that continues to excite me was Noble Energy (NBL).  I was talking to a fellow trader yesterday about Noble and specifically cited its mostly ignored but, I believe, game-changing investment in the Leviathan offshore project in the Mediterranean Sea off of the Israeli coast. This morning, Noble released a report showing just how spectacularly this project is moving along. With the recent moderation in Noble shares over the past several days bringing the price below $110, I am reiterating my recommendation. Now would be a great time to either begin or increase your exposure to Noble.

Leviathan has been much ignored because it is almost entirely natural gas and will affect only the markets surrounding the Eastern Mediterranean; Turkey, Italy and Greece. But here's the thing: Europe isn’t the US and Natural gas is good in these markets, spectacularly so: Italy and Greece are two of the more expensive local markets in Europe with prices almost three times…

To read the rest of this article Start a FREE subscription to our premium publication

Oil & Energy Insider - 30 day Free trial

30 day Free trial
A FREE Subscription Includes:
  • Investment advice normally reserved for hedge fund clients.
  • Market & sector research not available anywhere else.
  • Strategic advice from corporate & military intelligence analysts.
  • 9 Weekly Investment / intelligence reports.
  • Full access to all previous reports.
  • 30 days free trial.
Get FREE access to our research for 30 days

An essential resource for all investors in the energy sector whether you're a trader, fund manager or individual investor - this inside look at the energy markets is unlike any other report or service currently available.

About the author

More recent articles by Dan Dicker

Fri 17 October 2014
How Cool Heads Can Prevail In This Panic
Fri 10 October 2014
Oil Panic Favors The Bold
Fri 03 October 2014
Weather The Oil Storm For Real Rewards
Fri 26 September 2014
Weather Forecast Looks Bright For LNG But I’m Skeptical
Thu 18 September 2014
Three Trends Energy Investors Should be Following