Energy: Powerful Production
On August 5, Southwest Gas Corp reported second quarter earnings of $0.21 per share vs. $0.22 per share last year. Excluding COLI, earnings were $0.16 per share versus $0.18 per share.
In Russia, Making Big Bets Where Few Investors Dare
Citing John Templeton, who took a huge stake in Japan during dark times, portfolio manager David Iben seeks reward in "maximum pessimism" investing.
Riding the U.S. Energy Boom
The U.S. energy outlook continues to improve; the International Energy Agency recently forecast that the U.S. would surpass Saudi Arabia as the world's top oil producer by 2016.
We witnessed some key themes emerging during the second-quarter earnings season, including the following: Improved drilling times, wider spread implementation of pad drilling, and prior infrastructure investments are leading to marked improvement in efficiency gains.
Energy: Ramping Up