• 4 minutes England Running Out of Water?
  • 7 minutes Trump to Make Allies Pay More to Host US Bases
  • 10 minutes U.S. Shale Output may Start Dropping Next Year
  • 14 minutes Washington Eyes Crackdown On OPEC
  • 27 mins The Political Debacle: Brexit delayed
  • 11 hours Oil-sands recovery by solvents has started on a trial basis; first loads now shipped.
  • 2 hours Tidal Power Closer to Commercialisation
  • 11 mins New Rebate For EVs in Canada
  • 16 mins No Mercy: EU Fines Google $1.7 billion For Abusing Online Ads Market
  • 6 hours US-backed coup in Venezuela not so smooth
  • 4 hours Solar to Become World's Largest Power Source by 2050
  • 5 hours Read: OPEC THREATENED TO KILL US SHALE
  • 3 hours Will Trump Cave Again
  • 15 hours Biomass, Ethanol No Longer Green
  • 14 hours Malaysia Oil & Gas Updates
  • 10 hours Oil stocks are heating up again! What's on your Watchlist?
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

Tread Lightly In December’s Energy Markets

Oil rig

Lots of energy activity recently would look like opportunities anytime else during the year. But I warned you all in my last column about the trials of December investing – tax-loss selling, hedge fund managers looking to lock in profits, volatility without reason – and despite some weird action in some stocks that defy explanation, I’d still exercise caution instead of enthusiasm.

One example is Centennial Resources (CDEV), a long-term favorite, dropping from $21 to $19 on nothing that I can see – except a likely desire to book a big energy winner where there have been so few in 2017. If it were any other time of the year, I’d say this is a great opportunity to grab more. But in December, I always advise small moves and caution. (for myself, too). Don’t destroy the good work we’ve done in the last 4 months with a panicked move in the last 2 weeks of the year. You can take a little profit – sure. You can add a little to a position on a down tick. But no, don’t make a big move, either in putting massive capital to work, or taking enormous capital out. Not in December.

Tellurian (TELL) was another idea I floated several columns back – an alternative to look at besides Cheniere (LNG) to take advantage of LNG – one of the only natural gas opportunities I see in the next year. Obviously, I had no idea they were about to launch a secondary this week, which drops their share price, but also raises some…




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