In The News

Thursday, 01/21/2016

January 21, 2016 - Real Money

Cramer: Nobody Knows Anything When It Comes to the Price of Oil

By: Jim Cramer

Just for laughs I went back to read articles about oil written this time last year, when oil was in the high $40s.

The talk back then was almost all about the shape of the letter. Were we going to have a "V" recovery, which would put oil on a course back to $100, where it was before the crash began in June 2014. Or would it be a more of a meandering back, via a "U", where it might not be any higher than $70 a year later...

Wednesday, 01/20/2016

January 18, 2016 – The Street

MLPs See Take-or-Pay Contracts at Risk Amid Low Energy Prices

By Carleton English

As oil and gas prices continue to be low in 2016 -- and oil prices continue to test new lows -- what is the outlook for energy-related master limited partnerships and their investors?

With the Alerian MLP Index (AMZ) down 15% so far in 2016, it is underperforming the S&P 500, which is down 8.4%. Put simply, the outlook so far for MLP investors seems to be a continuation of 2015, when the Alerian MLP fell 38%.

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Tuesday, 01/19/2016

January 19, 2016 – The Wall Street Journal

After the Carnage, Shale Will Rise Again

By: Mark Mills

How low can oil prices go? When pundits start competing to predict where the barrel will hit bottom, you know that a rebound is inevitable. It’s the inverse of what happens before a high-price bubble bursts. Only a few years ago forecasters were suggesting that oil might hit $300 a barrel.

The unpleasant reality is that petroleum prices are cyclical. Starting with the 1973-74 Arab oil embargo, they have been through six extremes....

Monday, 01/18/2016

January 18, 2016 – Kallanish Energy

Numerous O&G companies shuffling toward death

Oil and gas producers have cut personnel, slashed capital budgets, laid down rigs, and begun to ration paper clips (well, not yet, but it could happen).

But commodity prices continue to fall and demand is only inching up, leaving numerous companies – over and above the 42 firms that sought bankruptcy court protection during 2015 (according to law firm Haynes & Boone) – that continue shuffling toward death.

Read the full article here:...

Monday, 01/18/2016

January 16, 2016 – Value Walk

New Business Books For A New Year

By: Tricia Drevets

Can reading business books help you become better at what you do? The answer depends on you, your goals, and, of course, the quality of the book.

Good business lessons can come from many sources — a mentor, a colleague, a good novel, current event failures and successes, to name a few. While many business books fall more into the motivational category than the educational category, these books can be useful in stimulating your own lines of...

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