Oil and Gas

Gulf Keystone stock (LSE:GKP) is currently forming a base. Price is bearish in the long-term and neutral in the short-term, and it is now forming a strong base. Why would price go from here? Price is currently consolidating; being directionless. The ADX period 14 is below the level 30, meaning the momentum in the market […]

Gulf Keystone shares (LSE:GKP) are a trap for pig-headed buyers, who would continue to suffer as they hold onto their investment, which is bound to become worthless over time. Only sellers can make something meaningful out of this market. Price is below the EMA 21 and the Williams’ % Range period 20 is in the […]

Global Energy Development stock (LSE:GED) has started going upwards, and this has led to a bullish signal in the chart, which would hold out for the next several months. From March till the end of July 2016, price was coming down, but things have changed right now. Price is above the EMA 21 and the […]

88 Energy (LSE:88E) announced keenly-read interim results on Monday morning. While it’s hard to put a value on the shares at the company’s current stage of development, there are clear milestones ahead for future changes in valuation. For anyone unfamiliar with the business: it has a 77.5% working interest in Project Icewine, on the North […]

Thursday saw a positive announcement from Tullow Oil, first oil flowing from the TEN field offshore Ghana in which it has a 47% stake. The FPSO (Floating Production, Storage and Offloading) unit attached to the project will now hopefully ramp up towards 80,000 bopd. At the half-year results published in July, the company argued that […]

Premier Oil’s (LSE:PMO) half-yearly report, published today, contains some crucial information which investors need to consider in light of the company’s ongoing debt negotiations. Those who have not previously studied the company might be surprised to find that half-year profits of $167 million can translate to a market cap of just £400 million. Earnings per […]

Sound Energy shares (LSE:SOU) have made massive gains, and more of them are yet to come. This is a kind of market in which investors make lots of money. The chart shows that the market was in a tight equilibrium phase from February to the end of June 2016. As from the beginning of July, […]

Gulf Keystone stock (LSE:GKP) is a doomed and hopeless market, which is expected to continue trending downwards and downwards, after it goes out of the current equilibrium phase. Price has been caught in a tight equilibrium phase, which has started since April 2016. This has resulted in a strong base, which would eventually lead to […]

Petroneft stock (LSE:PTR) is not very attractive at the present, but a closer look at the market reveals something interesting. Although price has been quite choppy in the last few months, bulls are now showing willingness to push price upwards. The ADX period 14 is at the level 20, meaning that there is little momentum […]

The current situation on Pantheon Resources stock (LSE:PANR) is dicey, because price is bearish in the short term and bullish in the long term. Where would price go next? 4 EMAs are used in the chart and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown in […]