• Twitter
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Roger S. Conrad

Investing Topics: Oil Investing

Staying Focused

In the previous issue of Energy & Income Advisor, we reviewed the performance of our Focus List in the second quarter and the first half of 2013 and made a few changes, swapping out shares of marine-seismic provider Petroleum Geo-Services (Oslo: PGS, OTC: PGSVY) and small-cap contract driller Pacific Drilling (NYSE: PACD). Our high-grading of the Focus List continues.

Midwest Refinery Turnarounds Widen WTI-WCS Spread

Although the spread between the price of West Texas Intermediate (WTI) crude oil and Western Canada Select (WCS) has narrowed considerably in 2013, a rash of maintenance-related refinery turnarounds in the second Petroleum Administration for Defense District (PADD 2) have caused this price differential to increase in recent weeks.

Niobrara Shale Comes into Its Own

The oil and gas industry has blown hot and cold toward the Niobrara Shale over the past several years, with a lack of takeaway capacity, uneven well results and elevated production costs offsetting the promise of an oil-weighted resource base. The huge successes achieved in the Bakken Shale and Eagle Ford Shale also overshadowed developments in Colorado. But upstream operators have stayed the course and honed their production techniques to the point that the play is starting to shift from the exploratory stage to full-scale development.

Subscribe today to receive a sample issue of EIA
  • Live Chat with

    Elliott and Roger on Jun. 29, 2022

  • Portfolios & Ratings

    • Model Portfolios

      Balanced portfolios of energy stocks for aggressive and conservative investors.

    • Producers and Drillers

      Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.

    • MLPs and Midstream

      Our assessment of every energy-related master limited partnership.

    • International Coverage

      Roger Conrad’s coverage of more than 70 dividend-paying energy names.


    • Elliott H. Gue

      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor

    • Roger S. Conrad

      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor