The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
Growing Oil Spare Capacity Could Put Lid on Oil Price for Next Few Years
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KIM PAGE, Wellington West Capital Markets
(04/20/2009)
"Non-OPEC Supply According to the IEA, declining oil sector investment in non-OPEC nations could trim non-OPEC supply capacity by 360 kbopd over the next 18 months. Comment - The IEA expects non-OPEC supply to slide to 50.3 mmbopd this year. OPEC Algerian Energy Minister Chakib Khelil indicated he is in favor of making a further cut in OPEC oil supplies at the cartel's next output policy meeting on May 28. Comment - Khelil believes OPEC would be taking a 'big risk' if they do not readjust supply. U.S. Rig Count Baker Hughes reported that the number of active rigs in operation declined by 30 last week to 975, which represents the lowest count since April 2003. Comment - Of the active rigs, 205 and 760 are exploring for oil and gas, respectively, with 10 deemed to be miscellaneous." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >