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The Bottom Might Be In For Oil ETFs
Thursday, February 18, 2016 - 10:03am | 488Read More...The heavily traded and much maligned United States Oil Fund LP (ETF) (NYSE: USO), which tracks West Texas Intermediate futures, is up 8.6 percent over the past five days, while U.S. benchmark crude for March delivery is higher by 9.4 percent over the same period. Under any circumstances, those are...
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Emerging Markets Promotion Still Murky For Saudi Arabia ETF
Tuesday, February 16, 2016 - 9:24am | 571Read More...The iShares MSCI Saudi Arabia Capped ETF (NYSE: KSA) debuted in September, undoubtedly in auspicious timing for the first U.S.-listed exchange-traded fund tracking equities in the largest member of the Organization of Petroleum Exporting Countries (OPEC). While the iShares MSCI Saudi Arabia Capped...
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Mike Khouw's Schlumberger Limited. Trade
Sunday, February 14, 2016 - 7:21pm | 198Read More...On CNBC's "Options Action," Mike Khouw spoke about an options strategy that he would use to get a long exposure in the energy space after a sharp move higher. He said that crude oil inventory is still incredibly high and he thinks that it won't trade significantly higher until the inventory...
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Someone's Gobbling Up MLP ETFs
Thursday, February 11, 2016 - 9:49am | 560Read More...Over the past 90 days, 20 (or 80 percent) of the 25 worst performing exchange-traded products are ETFs or exchange-traded notes (ETNs) related to oil and natural gas. And of those 20 offenders, including the worst performer, nine of those products are dedicated master limited partnership ETFs or...
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How Contango Could Affect A Popular Oil ETF
Thursday, February 11, 2016 - 9:11am | 478Read More...To say the United States Oil Fund LP (ETF) (NYSE: USO), which tracks West Texas Intermediate crude oil futures, is a flawed product is accurate and fair. Over the past three years, USO is down 77.1 percent, but the exchange-traded product remains a favorite, on both sides of the oil trade, of...
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Credit Suisse Downgrades Plains GP Holdings, Says It's Even More Conservative Than Guidance
Wednesday, February 10, 2016 - 1:27pm | 444Read More...Credit Suisse, coming across completely flabbergasted, commented on Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings LP (NYSE: PAGP), "[We] never thought we would be more conservative than guidance. But we are." In a note out Wednesday, the research firm rated...
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The Shale Revolution Is Over
Monday, February 8, 2016 - 2:20pm | 388Read More...In a new report, A.B. Bernstein analyst Bob Brackett looked at the boom and bust of the U.S. shale revolution. Starting in 2006, U.S. gas supply grew 28 BCFD (44 percent), including explosive growth in Arkansas (341 percent), West Virginia (449 percent) and Pennsylvania (2,579 percent). In...
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A Rocky Year Ahead For Oil Firms
Saturday, February 6, 2016 - 2:54pm | 396Read More...This year, investors have begun to consider returning to the oil market after depressed crude prices took shares of big name energy companies lower over the past year. However, with prices unlikely to move significantly higher over the next year, oil firms are faced with difficult decisions that...
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Nigeria Tries To Deal With Slumping Oil, But ETF Risks Remain
Friday, February 5, 2016 - 9:24am | 496Read More...The Global X MSCI Nigeria ETF (Global X Funds (NYSE: NGE)) has lost nearly a third of its value over the past year thanks in large part to the country's status as Africa's largest oil producer and a member of the Organization of Petroleum Exporting Countries (OPEC). Nigeria As An Oil...
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Oil Has Upside Of $44, Downside Of $28 For 2016 According To New Data
Tuesday, January 26, 2016 - 2:47pm | 264Read More...In the face of persistent pricing weakness, Credit Suisse is the latest firm to lower its crude oil pricing forecast for 2016 and beyond. Credit Suisse is now calling for average WTI crude prices of $30/bbl in Q1 of 2016, $38/bbl for 2016 as a whole and $54/bbl for 2017. The Bulls And The Bears...
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The Worst Stock Ideas Of December
Thursday, December 31, 2015 - 11:28am | 455Read More...Perhaps it’s fitting that the final monthly list of the five worst performing S&P 500 stocks of 2015 is populated entirely by oil and gas stocks. After collapsing in mid-2014, oil prices declined another 32 percent in 2015, falling to below $40/bbl as OPEC continues to flood the global...
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Talking Oil With Cale Smith: Geopolitical Influences In The Middle East, China And What's Ahead
Thursday, December 17, 2015 - 5:02pm | 5955Read More...BENZINGA: We're on today with Cale Smith down in Islamorada, down in the keys. He's the manager of the Islamorada Investment Management. Cale, we've met a few times, talked several times, and you've just done something very unique. You've gone all in on oil, haven't you? Cale Smith: Yeah, we have,...
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What To Expect From Oil In 2016
Thursday, December 17, 2015 - 4:01pm | 1513Read More...2015 has been a difficult year for oil investors and companies, as crude prices plummeted and supplies far outweighed demand. Several different factors have weighed on oil over the past year, all of which have kept the market from rebounding. The global economy has been a major contributor to...
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Using Leveraged Energy ETFs As Rising Rates Plays
Friday, December 11, 2015 - 10:36am | 775Read More...Turn on CNBC or read news on financial website or blog and chances are you'll see something about how dismal oil prices and energy equities are performing. The Energy Select Sector SPDR (ETF) (NYSE: XLE) confirms as much with a 19 percent year-to-date decline – by far the worst showing...
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Maybe It's Time To Buy The Tumbling Oil ETF
Wednesday, December 2, 2015 - 3:42pm | 549Read More...The United States Oil Fund LP (ETF) (NYSE: USO), which tracks front month West Texas Intermediate futures, has plunged nearly 39 percent year-to-date. That massive decline comes on the heels of USO's 2014 loss of 42.4 percent. Yet, somehow, someway, USO keeps attracting assets. To be precise,...















