Oil and Gas

I flag this with no idea what is behind this but David Lenigas runs Leni Gas & Oil (LSE:LGO) which like Range Resources (LSE:RRL) has extensive interests in Trinidad. Both were mant to present at some shindig but Mr Lenigas tweeted a few hours ago: David Lenigas ‏@DavidLenigas Range Resources has pulled out of presenting […]

Brazilian Research   I get sent all kinds of research and documents from all over Brazil.  I recently received this which was produced by BTG Pactual which you might find interesting: Stick with the quality names, even if they aren’t a bargain. Switch to cheap/out-of-favor plays or stick with good/expensive ones? The dilemma most investors […]

The price on the Xcite Energy (LSE:XEL) is ready to go upwards this year. The price has survived some turbulence and would eventually shake off the effects. The hawk is ready to go on a journey, and a strong wind blows in its direction. The hawk says: “Time to go!” The EMA 21 and the […]

I know oil producer XciteEnergy (LSE:XEL) seems to have a lot of diehard admirers on the Bulletin Boards. I can see the attraction and think it is probably cheap, if speculative at 101p. But it is not a stock I’d travel to the Moon and back for. But for those who care I just bring […]

The share price of Providence Resources has risen by 39.00 pence since the beginning of this month.  That’s a a growth of 6.0% since the first of the year, as it closed today at 658.00.  One year ago today the price was 279.00 establishing a 12 month gain of 379.00, an increase of 135%. Expect […]

Range Resources (LSE:RRL): Probable Falling Wedge Buy Formation While I am aware that on both a technical and a fundamental basis shares of Range Resources have presented more false dawns than an Arctic spring, it does look as though we are in the most encouraging position technically for quite some time. While this is no […]

Magnolia Petroleum (LSE:MAGP): 2011 Uptrend Line Given that Magnolia Petroleum is one of the most followed speculative situations on the UK stock market, I am aware that I have to choose my words carefully. The big plus points currently are the way that at 2.8p the shares have come back to test not only the […]

Coal mining company CCX  (BOV:CCXC3) CCX (BOV:CCXC3) the coal company of Eike Batista has asked Bradesco, Itaú BBA and BBI Brazil Plural to prepare a report to assess a possible takeover bid and the de listing of the company.  Batista has however chosen to abstain from voting on the matter. A meeting is scheduled for […]

Greka Drilling (LSE:GDL): U Shaped Reversal While it is of course the case that after a 20% bounce today one would / could regard shares of Greka Drilling as being on the overcooked side, to consider that we have seen the best of what is on offer here in terms of the upside might more […]

When the markets are plunging you tend to read quite a bit about Evil Knievil in the press. Every graduate trainee journalist wants to know what the UK’s best known short seller has to say. When markets are rising as they are now, he tends to fade from view somewhat. Of course you can get […]