Investment Summary – Det norske is a Norwegian exploration & production company that has tremendous long-term growth prospects. I will not be surprised if the stock jumps five-folds in five years. Listed in the US OTC exchange with ticker DETNF, but investors can buy the stock on Oslo Børs where it’s listed with ticker DETNOR. Returns In Last 12 Months…
Analysis Summary – Pioneer Natural Resources (NYSE: PXD) is fully financed for 2016 and 2017 and the company is likely to maintain investment grade rating through this period. Pioneer Natural Resources is the best stock for investors considering exposure to the Permian Basin and this article discusses the company’s liquidity position for 2016 and 2017 and its implications on the…
Article View - Newmont Mining (NYSE:NEM) has surged by 49% for YTD16 and I expect the stock to continue trending higher along with potential increase in dividends in FY16. Primary Basis Of View – Gold continues to trend higher and I expect sentiments for the precious metal to remain bullish through 2016. Why Newmont Mining – Company with strong fundamentals,…
Thursday, 03 March 2016 00:00

Bullish On Parsley Energy For Long-Term

Point Of Discussion – Amazingly, Parsley Energy (NYSE: PE) has delivered 32% returns in the last 12 months when oil & gas exploration stocks have slumped. This article provides an analysis on the company’s fundamentals and outlook. Buying Oil & Exploration Stocks – There is no doubt that the oil & gas sector remains depressed and is likely to remain…
Point Of Discussion – Still bearish on the offshore drilling industry, but if I had to choose among offshore drillers, Diamond Offshore (NYSE: DO), Noble Corporation and Rowan Companies are the stocks worth considering. On February 29, 2016, Moody’s concluded rating review for six offshore drillers with sharp downgrades for all drillers. Among the downgrades, Diamond Offshore was also downgraded…
On February 29, 2016, Moody’s downgraded Seadrill Partners (NYSE: SDLP) by three notches to Caa2 from B2. Further, Moody’s has maintained a negative outlook. This is second rating downgrade by Moody’s in less than six months for Seadrill Partners. On October 20, 2015, the MLP was downgraded from Ba3 to B2. As offshore market condition remains challenging, there are several…
Monday, 29 February 2016 00:00

Bullish On GasLog Even After 63% Upside

GasLog (NYSE: GLOG), which is engaged in the management of vessels in the liquefied natural gas market globally, has surged by 63% in just over one month. The stock was trading at $5.78 on January 20, 2016 and currently trades at $9.43. This article will discuss the factors to be bullish on GasLog even after the recent rally. While the…
Continuing with my analysis on offshore drilling stocks, I will focus on Transocean (NYSE: RIG), which has declined by 49% in the last one year. Based on the company’s order backlog and investment guidance for 2016 and 2017, this article provides the company’s liquidity analysis through 2017. The reason to focus on Transocean is the fact that the company has…
Thursday, 25 February 2016 00:00

Seadrill’s Cash Movement Analysis For 2016

Seadrill (NYSE: SDRL) today reported 4Q15 results and the company beat analyst estimates on the profitability front, driven by aggressive cost cutting. While I maintain a bearish outlook on Seadrill, I expect the stock to rally in the near-term from oversold levels. Seadrill has done well in 2015 from a deleveraging perspective and the company’s total debt in 4Q15 was…
In the recent past, I have focused on the offshore drilling sector with analysis on some good stocks in the sector and analysis on stocks that can be avoided through 2016. While I don’t expect a liquidation scenario for any major offshore drilling company, it would be interesting to look at the loan-to-value metric for offshore drillers. The LTV will…
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