Bakken Oil

Bakken oil refers to the oil lying in the Bakken formation, which is an area of rock taking up some 200,000 square miles in many states, including North Dakota and Montana, and in Canada. New rock fracturing technology allows for the extraction of Bakken oil to much controversy among environmentalists. Bakken oil is widely regarded as being a major contributor to U.S. energy independence.


The spot price of oil has pulled back to the $100.00-per-barrel mark, but oil stocks are holding up extremely well and the price strength is almost across the board, from related services to the big integrated producers. Earnings expectations for…

The strength in this market is with oil, as both the spot price and oil stocks are holding up very well. While the broader market has been experiencing a well-deserved price retrenchment, both large- and small-cap oil stocks have been…

The S&P 500 index really hasn’t done much since the beginning of the year but churn…but then again, why shouldn’t it? For stocks, 2013 was an exceptional year. If we get another positive year on top of dividends, then it’s…

Earnings are beginning to roll in and quite a few companies are missing Wall Street consensus. This doesn’t mean, however, that there isn’t growth out there; only that estimates have so far been a little optimistic. CarMax, Inc. (KMX) is…

With the stock market jittery due to geopolitical events, its underlying strength is highlighted by the relative outperformance of the NASDAQ Composite, the Dow Jones Transportation Average, and the Russell 2000. If these indices are doing relatively better than the…

The lull between earnings seasons will soon be here and with the absence of corporate results, trading action can get choppy. It’s still important to follow transportation stocks and the NASDAQ Composite. Transportation stocks have a tendency to lead the…

There continues to be excellent activity in domestic oil and gas stocks, especially in the small- and micro-cap categories. Bakken oil stocks are pushing the valuation envelope even further, as many companies are hitting new highs with stronger production and…

With all the things going on in the world, it’s a good time to be in the oil business. Bakken oil stocks are almost all high-valuation; but the marketplace knows this, and it’s getting what it’s paying for—there’s big growth…

Financial metrics are improving significantly for oil stocks, and the commodity’s prices are a combination of speculative fervor mixed with geopolitical events. At $110.00 a barrel for West Texas Intermediate (WTI) crude, drill bit profitability has improved significantly. I’ve always…

Precious metals stocks have been slammed by the weakness in spot prices for gold and silver. The strongest sector for resource speculation remains oil. Oil prices are firmly holding above $100.00 a barrel; profitability among junior producers is solid. In…

Calling North Dakota “big sky country” would be an understatement. The clouds hang low and there is a density to them that sparks quick contemplation of the floodgates they can unleash. There is a raw beauty to the prairies, with…

The spot price of oil is worth keeping a sharp eye on. With West Texas Intermediate (WTI) oil having jumped past $105.00 a barrel, oil stocks are moving again. Geopolitical tensions certainly have added a bit of a premium to…

There are a lot of reasons why the spot price of oil is back over $100.00 a barrel, and the fact that it is up there is very good for oil stocks. The price of natural gas continues to be…