Sector Expert: Bill Newman

Mackie Research Capital

Image: Bill Newman

Bill Newman is vice president of international and domestic oil and gas research with Mackie Research Capital Corp. He has been an energy analyst for 21 years. He holds a bachelor's degree in commerce from the University of Calgary, and has a CFA designation.

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Companies Commented On

  • Altura Energy Inc.
  • Condor Petroleum Inc.
  • Madalena Energy Inc.
  • Pan Orient Energy Corp.
  • Point Loma Resources Ltd.
  • Prairie Provident Resources Inc.


Recent Interviews

Five Companies Positioned for Healthy Returns as Energy Markets Recover (2/9/17)
Oil pump

Volatility in the oil and gas markets continues, with prices plunging yet again in the recent chaos surrounding Greece's default negotiations and other global political uncertainties. But a rebound is inevitable, and Mackie Research's Bill Newman has his eye on companies that have managed to grow, step by step, even in hard times. In this interview with The Energy Report, Newman identifies companies with individual stories that will, in the end, defy the trend.

Baby Steps: Mackie's Bill Newman Finds Oil & Gas Plays that Produce No Matter What (7/14/15)
pumpjack580

Volatility in the oil and gas markets continues, with prices plunging yet again in the recent chaos surrounding Greece's default negotiations and other global political and economic uncertainties. But a rebound is inevitable, and Mackie Research's Bill Newman has his eye on companies that have managed to grow, step-by-step, even in hard times. In this interview with The Energy Report, Newman identifies companies with individual stories that will, in the end, defy the trend.

Bill Newman: Get Over Your Fear and Go for Black Gold in Argentina (5/8/14)

It's been a long time since the Repsol fiasco in Argentina, and the oil-rich nation has been making steady efforts to encourage foreign investment in its energy sector. Bill Newman, vice president of international oil and gas with Mackie Research Capital, insists investors should focus less on political risk and more on the world-class Vaca Muerta shale play. In this interview with The Energy Report, Newman names oil and gas majors and junior explorers making progress, and recommends a few names that are taking advantage of Argentina's production incentives.

Recent Quotes

"POE's AYU-1 exploration well is expected to spud in late April."

— Bill Newman, Mackie Research Capital (3/24/17)
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"POE'S high-impact well will spud in Q1/17."

— Bill Newman, Mackie Research Capital (11/17/16)
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"POE is in a strong financial position and has high-impact exploration potential in Indonesia."

— Bill Newman, Mackie Research Capital (11/2/16)
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"The lift in POE's value is a result of higher expected peak production rates."

— Bill Newman, Mackie Research Capital (9/26/16)
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"We maintain our Buy recommendation on POE's strong financial position and high-impact exploration potential in Indonesia."

— Bill Newman, Mackie Research Capital (8/17/16)
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"We maintain our BUY recommendation for POE based on its strong financial position."

— Bill Newman, Mackie Research Capital (5/19/16)
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"POE's drilling on East Jabung represents substantial resource upside."

— Bill Newman, Mackie Research Capital (4/26/16)
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"POE has high exploration potential in Indonesia."

— Bill Newman, Mackie Research Capital (3/23/16)
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"POE announced excellent final production test results from Sawn Lake."

— Bill Newman, Mackie Research Capital (2/23/16)
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"We maintain our Buy recommendation for POE, which could continue to make distributions to shareholders upon the monetization of assets in Thailand and Indonesia."

— Bill Newman, Mackie Research Capital (2/5/16)
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"We think POE's return of capital will be viewed positively by shareholders."

— Bill Newman, Mackie Research Capital (11/30/15)
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"POE's Q3/15 Thailand production was slightly higher than our forecast."

— Bill Newman, Mackie Research Capital (11/19/15)
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"POE's strong finances and high exploration potential support our Buy recommendation."

— Bill Newman, Mackie Research Capital (10/20/15)
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"POE's test results from the Akeh-1 exploration/appraisal well are expected within 2ľ3 weeks."

— Bill Newman, Mackie Research Capital (10/16/15)
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"POE plans to test three intervals that may be hydrocarbon bearing."

— Bill Newman, Mackie Research Capital (9/25/15)
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"MVN reported Q2/15 production in-line with our forecast."

— Bill Newman, Mackie Research Capital (8/27/15)
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"POE maintains a strong balance sheet with no debt and positive working capital of $87M."

— Bill Newman, Mackie Research Capital (8/12/15)
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"POE's 250 MMbbl Anggun prospect is a company maker play if successful."

— Bill Newman, Mackie Research Capital (8/4/15)
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"If MVN can repeat its success with the Loma Montosa, we see a lot of potential production additions in 2016."

The Energy Report Interview with Bill Newman (7/14/15)
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"The real upside in POE's story in the near term is exploration drilling in Indonesia."

The Energy Report Interview with Bill Newman (7/14/15)
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"For the remainder of 2015, POE plans to spend ~$6M on drilling."

— Bill Newman, Mackie Research Capital (7/2/15)
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"MVN's Loma Montosa and Sierras Blancas wells are exceeding expectations."

— Bill Newman, Mackie Research Capital (5/29/15)
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"We estimate POE's net positive working capital increased to ~$91.7M."

— Bill Newman, Mackie Research Capital (5/25/15)
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