Talisman Energy and High Plains Gas -- Promising Growth Strategies
22 Novembre 2011 - 2:16PM
Marketwired
Oil and gas explorers have turned to more profitable business
segments in recent quarters. With natural gas prices stagnating
this year, explorers have focused on the more lucrative oil and
liquids markets to keep profits strong. Natural gas prices could be
due for a turnaround in the near future, however, as demand is
expected to surge. The Paragon Report examines investing
opportunities in the Oil & Gas Sector and provides equity
research on Talisman Energy, Inc. (NYSE: TLM) (TSX: TLM) and High
Plains Gas, Inc. (OTCBB: HPGS). Access to the full company reports
can be found at:
www.paragonreport.com/TLM
www.paragonreport.com/HPGS
The US Energy Information Administration (EIA) has observed
markedly higher levels of volatility in the pricing of WTI crude
since early August. This coincides with similar volatility in
global stock markets in the wake of the US and European debt
crises, and highlights the extent of the correlation that has
developed between financial and oil markets. The price of oil ended
last week lower than it began, despite a surge of trading that
temporarily pushed crude above $100 at midweek for the first time
since July.
Gas prices, meanwhile, have remained low for most of 2011. As a
result, several high profile oil and gas explorers are increasing
production of more lucrative oil and liquids as oil trades at its
highest level relative to gas. US oil production will reach 5.92
million barrels a day in 2012, up 4 percent from 2011 and the
highest amount since 1998, according to the US Energy Department.
Meanwhile Gas output is forecast to grow a mere two percent to
66.87 billion cubic feet a day in 2012, slower than the 6.1 percent
increase this year.
The Paragon Report provide investors with an excellent first
step in their due diligence by providing daily trading ideas, and
consolidating the public information available on them. For more
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free at www.paragonreport.com and get exclusive access to our
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While in the doldrums at the moment, gas demand is expected to
surge higher in the long term. The retirement of coal-fired plants
due to toughening environmental standards in the US would increase
the share of total electric power generation fueled by natural gas
by 6 percentage points, according to Fitch Ratings.
High Plains Gas, Inc. is a natural gas and petroleum
exploration, development and production company, engaged in
locating and developing hydrocarbon resources, primarily distressed
and/or orphaned oil and gas projects throughout the Rocky Mountain
region. Earlier this month the company announced the completed
acquisition of BGM, which consisted of the complete purchase of all
property and equipment, accounts receivable, as well as current and
future projects.
Talisman Energy Inc. is a global, diversified, upstream oil and
gas company, headquartered in Canada. Talisman's three main
operating areas are North America, the North Sea and Southeast
Asia. In North America, the company continues to focus on the
development of high-quality shale plays in the Eagle Ford,
Marcellus and Montney, as well as liquids-rich opportunities within
the Canadian conventional portfolio.
The Paragon Report has not been compensated by any of the
above-mentioned publicly traded companies. Paragon Report is
compensated by other third party organizations for advertising
services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
disclaimer at http://www.paragonreport.com/disclaimer
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