Bill Powers on the Problems at Chesapeake Energy
Exxon’s Big Bet−Shale Oil
Jim welcomes back Bill Powers of the Powers Energy Investor newsletter. Bill and Jim discuss the short-term underperformance of the energy stocks, and the problems at Chesapeake Energy. Longer term, Bill is very bullish about shale gas and the companies involved in the sector. Bill also discusses the "pipeline wars" and why energy stocks represent a better play than the commodity for the long-term investor.
Bill previously published the Canadian Energy Viewpoint and US Energy Investor. Bill has studied all aspects of the energy sector with an eye towards uncovering outstanding investment opportunities. He completes both primary and secondary research to identify small to mid-sized exploration and production (E&P) firms with strong value propositions, experienced management, strong balance sheets and growing production. With alternative energy becoming an increasingly important part of the world’s energy supply, Bill also considers established and early stage alternative energy companies worldwide.