Kirk Spano

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  • Is Apple Still a Punch Card Stock?

    By Kirk Spano - July 30, 2013 | Tickers: AMZN, AAPL, BKS

    For years, Apple (NASDAQ: AAPL) was the perfect company for a large-enough-to-be-diversified, but small-enough-to-be-manageable stock portfolio. But the tech giant's once high-flying shares have recently started sinking. If all your holdings had to fit on a 20-company punch card, would Apple still deserve one of those precious spots? 

    Growing, but how fast?

    For over a decade, Apple saw fantastic growth rates, regularly exceeding 30%. iTunes, iPod, the iPhone and more »

  • Fertilize Your Portfolio With These Stocks

    By Kirk Spano - March 6, 2013 | Tickers: IPI, POT, MOS

    Satisfying long-term growth in food demand will require more use of fertilizer over time. These two companies operate at opposite ends of the market cap spectrum but both offer big long term upsides. 

  • Build Your Own Bakken ETF update

    By Kirk Spano - December 26, 2012 | Tickers: KOG, NOG, TPLM

    Kodiak Oil and Gas and Triangle Petroleum may represent the hare and the tortoise of the Bakken.

  • Whiting's Big Bakken Upside

    By Kirk Spano - December 20, 2012 | Tickers: CVX, CLR, WLL

    Whiting Petroeum may be discounted by 50% as investors appear to be only valuing the company's Bakken assets and overlooking the rest of the company.

  • One Bakken Stock to Rule Them All

    By Kirk Spano - December 10, 2012 | Tickers: CLR, XOM, KOG, OAS

    In the Bakken and Three Forks shale formations of the Williston Basin, the oil boom taking shape is of historical proportions.  Finding exploration and production companies that are successfully finding oil is not that difficult.  Finding companies with the expertise, acreage and scale to generate fat bottom lines is more challenging.

  • Sanchez's Eagle Ford Now and Bakken Later Plan

    By Kirk Spano - December 8, 2012 | Tickers: APA, EOG, PXD, SN

    "Now and Later's" were great candy back when we were kids.  Now and later is a great strategy for oil production profits too.  

  • Things Are Taking Shape for This Bakken Player

    By Kirk Spano - October 5, 2012 | Tickers: KOG, QEP, TPLM

    While everybody loves a big story, sometimes the best stories come in small packages.  One of these stories is starting to play out in the Williston Basin of North Dakota.  Small Bakken player Triangle Petroleum (NYSEMKT: TPLM) on Monday announced that it has entered into a joint venture with First Reserve to form a limited partnership called Caliber Midstream Partners which will build pipelines and infrastructure to transport oil and more »

  • Time to Jump the Gap

    By Kirk Spano - October 4, 2012 | Tickers: AEO, GPS, LTD

    Sometimes your best research is not what you think it might be.  The GAP could have some troubles coming.

  • Another Catalyst for Bakken Stocks

    By Kirk Spano - September 12, 2012 | Tickers: CLR, KOG, OAS, TSO, WLL

    In my recent article titled "Run is Done for Tesoro" I pointed out that the increase in price on Williston oil versus WTI was a downer for Tesoro (NYSE: TSO).  That same circumstance is a boon for the Williston E&P plays, however.

    The main driver to the increased Williston oil price has been the development of three types of infrastructure in the Williston region.  First off, more rail lines more »

  • Run is Done for Tesoro

    By Kirk Spano - September 12, 2012 | Tickers: BRK-B, ENB, TSO

    One of the hardest lessons for investors to learn is that sometimes a stock that is running up does not mean it is a buy.  No doubt, positive stock price momentum is often a signal that a company is just beginning to recognize its potential.  Other times, though, a good stock price run is just a rebound from an oversold period.  Tesoro Corp.'s (NYSE: TSO) recent run is probably more »

  • Tesoro's Run is Done

    By Kirk Spano - September 5, 2012 | Tickers: BRK-B, BRK-A, ENB, TSO

    One of the hardest lessons for investors to learn is that sometimes a stock that is running up does not mean it is a buy.  No doubt, positive stock price momentum is often a signal that a company is just beginning to recognize its potential.  Other times though, a good stock price run is just a rebound from an oversold period.  Tesoro Corporation's (NYSE: TSO) recent run is probably more »

  • This Kodiak is No Bear

    By Kirk Spano - August 30, 2012 | Tickers: KOG, MDU, TSO

    Among the most discussed Williston Basin stocks is Kodiak Oil and Gas (NYSE: KOG). Separating hype and hope from reality and reason is becoming more difficult by the day as more people become vested in their bets either for or against Williston stocks in general and Kodiak in particular. 

    The Williston Basin, which I discuss in my article Rockin' Bakken Party is Just Startin', is in fact THE most prolific more »

  • Chesapeake a Special Situation

    By Kirk Spano - August 21, 2012 | Tickers: CHK, COP

    When "Mr. Wall Street" Carl Icahn does something, people get curious.  His endeavor into Chesapeake Energy (NYSE: CHK) is no different.  In particular, people wondered what impact Icahn would have on a board of directors who seemed to let its CEO and now former Chairman Aubrey McClendon run roughshod. 

    In the not too distant past there were mutual fund managers, two of whom I know, who would not invest in more »

  • The Rockin' Bakken Party is Just Startin'

    By Kirk Spano - August 16, 2012 | Tickers: KOG, MHR, OAS, TPLM

    Among those who follow the energy industry, the Bakken Oil Shale might seem like old news. But for everybody else, it is still only on the periphery of their investing consciousness.  This is good for those who want to establish positions in some of the wonderful companies associated with the Williston Basin oil shale plays as many stocks are not pricing in relatively easy-to-predict future free cash flows. 

    In reality more »

  • Triangle Petroleum is Producing

    By Kirk Spano - August 15, 2012 | Tickers: KOG, NOG, TPLM

    The evolution of some companies is easier to follow than others.  Triangle Petroleum (NYSEMKT: TPLM) is one of the more difficult to follow if investor interest is any indication. 

    The simplified version of Triangle's development is that they are moving from being a non-operating oil and gas E&P company to being an operating one, that is, doing their own drilling now.  In the past they had contracted out more »

  • An Oasis in the Oil Patch

    By Kirk Spano - August 15, 2012 | Tickers: CLR, KOG, OAS

    Having spent considerable time in North Dakota and Texas the past two years I have been able to study the oil and gas industries very close up including visiting many drilling sites in the Williston Basin.  Among the smaller companies with wide open growth potential that is rarely mentioned in the press is Oasis Petroleum (NYSE: OAS).

  • Stack the Deck

    By Kirk Spano - April 27, 2012 | Tickers: LVS, MGM, WYNN

    Every gambler knows that the secret to survivin'
    Is knowin' what to throw away and knowing what to keep...

    It's rare that I get a chance to be on the same side of the table as the house when I go to a casino, in fact, it doesn't ever happen.  Today though, the next best thing might be available, good investments in casino operators.

  • Apache Re-Loaded for Growth

    By Kirk Spano - April 18, 2012 | Tickers: APA, BP, DVN | Editor's Choice

    Apache is ready to go on another growth spurt as it exploits recent acquisitions.

  • Investing is a Marathon

    By Kirk Spano - April 12, 2012 | Tickers: MRO, MPC | Editor's Choice

    While I know that everybody likes to look for the hard sprint, the quick portfolio fix, the fast buck, the exciting stock, the blond in the red dress and the great story, sometimes, slow and steady is beautiful.  It's time for a Marathon.

  • The Royal Dutch Treatment

    By Kirk Spano - April 11, 2012 | Tickers: XOM, PTR, RDS-A | Editor's Choice

    Royal Dutch Shell (NYSE: RDS.A) is one of the companies that is adjusting to an emerging new paradigm in energy...Shell is moving to secure its next big profit center- natural gas. 

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