But if I knew how to manage my portfolio safer and smarter than most hedge fund managers, I could realistically grow my wealth.
Why Mexico’s policy and Russia’s sanctions matter to investors
On September 12, the U.S. imposed sanctions on Russian hydrocarbon producers—Gazprom, Gazprom Neft, LUKoil, Surgutneftegaz and Rosneft. Gazprom is the largest energy company in Russia.
According to Baker Hughes estimates, the U.S. rig count currently exceeds the total number of rigs in the rest of the world combined. Until August 2014, there was an average of 1,904 active rigs in the U.S.
Natural gas liquids (or NGLs) are hydrocarbons. They’re produced when “wet natural gas”—primarily methane and condensable heavier hydrocarbons—is processed in natural gas plants.
Since mid-2011, natural gas production increased even though the number of natural gas-targeted rigs has fallen. Dry natural gas production is set to increase to 69.7 billion cubic feet per day (or bcf/d) in 2014.
For the week ending September 26, 2014, the number of horizontal rigs increased by six to 1,347—compared to 1,341 last week. This is the highest horizontal rig count on record.
The number of offshore rigs was unmoved at 62 in last week’s rig count. Last week’s offshore rig count continued to stay close the four-year high attained on September 12, 2014.
The Permian Basin is located in western Texas and southern New Mexico. The name “Permian Basin” usually refers to a combination of the Delaware Basin and the Midland Basin.
The U.S. onshore, or land-based, rig count remained unchanged at 1,869—during the week ending September 26—compared to the previous week’s count. Land-based rigs include 11 inland water rigs.
Last week, the Baker Hughes oil rig count decreased by nine—from 1,601 to 1,592. This marked the first decrease in the past five weeks. Despite the decrease, oil rigs are still close to the record high.
Natural gas rigs decreased for most of 2014. At the beginning of the year, natural gas rigs totaled 372. Currently, there are 338 rigs. This represents a decrease of 34 rigs—or ~9%.
According to Baker Hughes, the U.S. total rig count was 1,931 during the week ending September 26. The rig count was a result of a decrease in vertical rigs. It was offset by an increase in horizontal drilling.
With each passing day, the prices for handsets such as Google’s (GOOGL) Android and Apple (AAPL) iOS devices are falling. This trend has played a key role in the popularity of games, especially among youth, benefiting the gaming industry.
Mergers and acquisitions aren’t uncommon. In fact, they play an integral role in the growth of the video gaming industry.
On September 26, 2014, Amazon (AMZN) finalized its acquisition of Twitch Interactive, Inc, a video game streaming website, for $970 million in cash.
Facebook, alongside Linkedin (LNKD) and Twitter (TWTR), is the leading player in the social network space. Though it has an enviable presence in the social media space, it lacks a presence in the mobile space.
Microsoft’s (MSFT) acquisition of Minecraft has created a lot of interest in the market. Minecraft, a video game developed by Swedish company Mojang and developer Markus Persson, launched in 2009.
Microsoft (MSFT), to attain success in the mobile space, has to generate the interest of the young population, developers, and apps in its mobile platforms, Windows Phone and Surface.
In September 2014, Microsoft (MSFT) announced its acquisition of Mojang, a Swedish company popular for its game Minecraft, for $2.5 billion.
TRP investors have been receiving a comfortable 15% annualized return on their investments since 2000. They’re receiving a 3.8% yielding dividend. It’s likely that some investors feel a one-time valuation bump isn’t as attractive as it sounds.
TransCanada Corp. (TRP) is being reviewed by several U.S. activist hedge funds. The review is about a possible breakup of its business segments—Natural Gas Pipelines, Oil Pipelines, and Energy.