• 5 minutes Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 11 minutes Saudi Fund Wants to Take Tesla Private?
  • 17 minutes Starvation, horror in Venezuela
  • 5 hours WTI @ 67.50, charts show $62.50 next
  • 3 hours Newspaper Editorials Across U.S. Rebuke Trump For Attacks On Press
  • 4 hours Mike Shellman's musings on "Cartoon of the Week"
  • 9 hours Venezuela set to raise gasoline prices to international levels.
  • 14 hours WTI @ 69.33 headed for $70s - $80s end of August
  • 1 min Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 3 hours Batteries Could Be a Small Dotcom-Style Bubble
  • 16 hours Renewable Energy Could "Effectively Be Free" by 2030
  • 9 hours Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 15 hours Corporations Are Buying More Renewables Than Ever
  • 4 hours Don't Expect Too Much: Despite a Soaring Economy, America's Annual Pay Increase Isn't Budging
  • 20 hours Again Google: Brazil May Probe Google Over Its Cell Phone System
  • 5 hours France Will Close All Coal Fired Power Stations By 2021
Alt Text

Why Saudi Oil Production Suddenly Dropped

Oil prices jumped on Monday…

Alt Text

Saudi Crackdown On Canada Could Backfire

The Saudi/Canadian spat that started…

Alt Text

Gulf Coast Refineries Process Record Volume Of Crude

U.S. refiners are churning out…

Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Trending Discussions

What These Five Companies Can Tell Us About The Oil Space

I'd like to follow up today on several stocks that I know interest you and have interested me in the past. My readers know the stocks I currently recommend, but wonder about those that I've touched on in the past but have abandoned. Let's look at Anadarko Petroleum (APC), Devon Energy (DVN), Linn Energy (LINE), Whiting Petroleum (WLL) and Oasis Petroleum (OAS).

Anadarko has arguably the most interesting and strategically diverse assets of any U.S. independent. With a strong presence in the Wolfcamp Permian and Wattenberg, shale production is well covered with quality acreage. This goes along with first rate prospects in the Gulf of Mexico (GoM) and a very deep commitment to LNG in Mozambique. Together, these assets cover the best of U.S. oil and gas production potential that I am seeing. But some issues have left Anadarko slightly behind as I have tried to cull the best potential investments in the E+P space.

For one, I would have liked for Anadarko to be far more aggressive in sequestering and non-completion of wells in this discount environment, and their Capex cut, while large at 30 percent, didn't measure up to the austerity budgeting I thought was needed for this cycle. But in looking more closely at their portfolio, you become convinced that their assets in the Wattenberg and GoM are going to be last, even in a rising crude environment, to pay shareholders back. It's not that I don't like Anadarko – I actually love them – it's just that I want…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News