$BKKN oil stock radar! An article from Seeking A
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Posted On: 03/07/2017 11:35:15 AM
$BKKN oil stock radar!
An article from Seeking Alpha definitely supports a rise in the price of $BKKN.
I see a rise in production equates to higher royalties for $BKKN.
Continental Resources is one of the three companies that drill on $BKKN's properties.
~We Win!
DAPL Will Reduce The Bakken Discount: A Boon For Whiting Petroleum - But Don't Get Too Excited
http://seekingalpha.com/article/4052636-dapl-...et-excited
Summary
The two legs of the "Bakken Pipeline System" are expected to enter commercial operation in Q2.
This will be a boon not only for the pipeline owners, but for Bakken producers like Whiting Petroleum and Continental Resources .
However, higher realized prices could spur more production. And more production means lower prices (eventually).
As a result, I continue to favor pipeline providers over crude oil producers.
An article from Seeking Alpha definitely supports a rise in the price of $BKKN.
I see a rise in production equates to higher royalties for $BKKN.
Continental Resources is one of the three companies that drill on $BKKN's properties.
~We Win!
DAPL Will Reduce The Bakken Discount: A Boon For Whiting Petroleum - But Don't Get Too Excited
http://seekingalpha.com/article/4052636-dapl-...et-excited
Summary
The two legs of the "Bakken Pipeline System" are expected to enter commercial operation in Q2.
This will be a boon not only for the pipeline owners, but for Bakken producers like Whiting Petroleum and Continental Resources .
However, higher realized prices could spur more production. And more production means lower prices (eventually).
As a result, I continue to favor pipeline providers over crude oil producers.
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