Canada’s oil landscape looks encouraging for 2021 as Whitecap Resources Inc. acquires two oil and gas companies in addition to merger mania between other energy companies, with anticipated growth through the coming year as demand for energy steadily increases. In November, Whitecap Resources announced a plan to acquire rival company TORC Oil & Gas through […]
For first-time sellers and experienced investors, gas stations can be purchased, improved, and sold for tremendous profit margins. There are more and more cars on the road every year. That is the reason why gas stations are a staple of the American road system. It is providing food and fuel to travelers on roads both […]
The energy sector has been one of the hardest hit by the Covid-19 pandemic, mostly due to widespread lockdowns and the resultant collapse in fuel demand. However, one corner of the energy market has actually been thriving: Clean energy. The sector’s favorite benchmark, iShares Global Clean Energy ETF (ICLN), has returned 124% YTD vs. 24% […]
In American cities large and small, convenience stores are an essential part of the consumer ecosystem. With the right location, a convenience store can be a highly profitable business whether as the landlord or general manager. With that said, favorable real estate and existing customer flow can make convenient stores an incredibly hot commodity. Are […]
ConocoPhillips has made a large oil discovery in the Norwegian Sea close to a producing oilfield. This is what the U.S. oil and gas company said on Tuesday. Preliminary estimates point to the field containing between 75 million barrels and 200 million barrels of recoverable oil equivalent. ConocoPhillips said, adding that additional appraisal would determine […]
Structural underinvestment in oil and gas will put upward pressure on oil prices. Goldman Sachs’ commodities chief Jeffrey Currie told CNBC this week and gave comments on commodity markets. All markets except wheat, Currie noted, are in a deficit, and this is certainly bullish for prices. But what he calls structural underinvestment also has its […]
The sky’s the limit when you have land. With the proper zoning, construction team, and dream, anything can be accomplished when you pick the right property. With this in mind, the land is a hot commodity all across the country. Are you planning to develop the land? Attractive lots are sure to pique the interest […]
Oil prices rose early on Monday after the U.S. FDA approved the Pfizer-BioNTech vaccine for emergency use and shipments of batches of vaccine vials began this weekend, with first vaccinations expected as early as on Monday. As of 9:04 a.m. ET today, WTI Crude prices had gained 1.67 percent at $47.34, and Brent Crude was […]
Every time Berkshire Hathaway founder and CEO Warren Buffett buys or sells a stock, the investing world tends to sit up and take notice. That’s mainly because the Oracle of Omaha has a better investing track record than your average hedge fund, managing to outperform the S&P 500 in 37 of the past 55 years, […]
Commercial buildings come in all shapes and sizes. Have you seen towering downtown offices? How about fast-food restaurants? Commercial buildings can take up the majority of any town’s business center. In most cases, commercial buildings are leased to paying tenants. However, when things go awry (or a global pandemic hits), many building owners find themself […]
