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  • Watch For The Drop $CHK

    When a big company has to reorganize its usually not good for the current shareholders. But if you time it right it could be a great long term play for your portfolio.

    (click to enlarge)

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    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: CHK, Oil and Gas
    Dec 24 3:37 PM | Link | Comment!
  • Companies Going Big In Bakken $XOM, $CLR, $KOG, $STO, $EOX

    When you hear the name Bakken you think of huge companies making lots of money. The amount of wells and new companies has increase dramatically in the last few years as everyone rushes to stake their claim. These are some of the most active companies in this play

    The Bakken formation is a large unconventional resource that underlies most of the western portion of North Dakota and Eastern Montana. This oil shale formation is located in what is called the Williston Basin. This formation is a rich deposit that the U.S. Geological Survey calls the largest continuous oil accumulation it has ever evaluated. There are currently over 6,617 oil wells in North Dakota, and that number is anticipated to increase as more oil is extracted.

    The Bakken Formation consists of three levels: Upper shale, Lower Shale, and the Middle Member, which is a dolemetic sandy layer. The Middle Member of the Bakken is flooded with oil and gas at high pressures.

    Montana oil production dates back to the 1950s. By the year 2000, the entire state of Montana produced 18 million barrels of oil. Four years later, this figure doubled to 36 million barrels due almost entirely to the application of horizontal drilling in the Bakken, most particularly in the Elm Coulee Field in Richland County Montana.

    XOM Exxon Mobil Corp

    Read Full Article Here:

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: XOM, CLR, KOG, Oil and Gas
    Dec 08 11:07 PM | Link | Comment!
  • Billionaire Hedge Fund Manager Reveals Latest Picks $CVX $XOM

    When one of the greatest hedge fund managers of all times makes a change in his portfolio its worth taking notice. With a focus on dividends its no surprise why he chose the way he did. If you are looking for a change in direction for your investments your not the only one.

    Billionaire Stanley Druckenmiller is one of the most renowned hedge fund managers of all time. His macro hedge fund, Duquesne Capital, which was shut down in 2010, was one of the most successful in the hedge fund industry, returning on average 30% per year, net of fees. At the time of closing, Duquesne Capital managed $12 billion in assets. Druckenmiller initially gained his reputation as a manager at George Soros' Quantum Fund, where he had earned more than $1 billion in a day on a short position that benefited from a forced devaluation of the U.K. pound. Today, with net worth of $2.7 billion, Druckenmiller runs a family office that manages some of his wealth.

    The latest picks in Druckenmiller's portfolio have been revealed in his fund's most recent 13F filing with the Securities and Exchange Commission. He initiated new positions in U.S. energy giants, Exxon Mobil Corporation (NYSE:XOM) and Chevron Corporation (NYSE:CVX), which, respectively, now represent his first and fourth largest holdings. Here is a closer look at Druckenmiller's five new picks that are paying attractive dividends.

    Exxon Mobil Corporation is the single largest position in Druckenmiller's third-quarter portfolio, worth more than $123 million at the end of the quarter. Exxon Mobil is the world's largest integrated oil and natural gas company, with a market capitalization of $396 billion. The company is also the biggest dividend payer in the world. The energy behemoth pays a dividend yield of 2.6% on a payout ratio of 24%. Its competitors Chevron, ConocoPhillips (NYSE:COP), and BP Plc (NYSE:BP) pay dividend yields of 3.5%, 4.8%, and 5.4%, respectively. Over the past five years, Exxon Mobil's EPS and dividends grew at average annual rates of 5.0% and 9.7%, respectively. The company's 5-year CAGR is forecast at 6.3%. The company is likely to benefit from higher oil output and prices, as it boosts oil exploration and production from shale formations in North America. It is also going to benefit from a rebound in natural gas prices, given that, due to recent acquisitions, Exxon Mobil is more leveraged than its biggest competitors toward natural gas. The company is also more reliant on low-margin refining revenues than its competitors. The company has a very solid financial position and provides a total return on equity of 27%. Exxon Mobil has a forward P/E of 11.1, trading at a premium to its respective industry (with a forward P/E of 8.9, on average) and 8.6 for its rival Chevron. The stock is up 11.8% over the past 12 months. Billionaire Ken Fisher is also bullish about Exxon Mobil.

    XOM Exxon Mobil Corp

    Read Full Article Here:

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: CVX, XOM, Oil and Gas
    Dec 08 11:04 PM | Link | Comment!
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