NAI Interactive is proud to present the Global Resource Investment Guide 2017. Since 2012, the global mining industry entered the cyclical adjustment period due to the gloomy global economy. Almost every major commodity in the world has been in severe bear market. However, the downturn of the commodities market sparked innovation as mining companies became much more efficient in their operations.
NAI has put together the Global Resource Investment Guide to help readers understand and recognize the investment opportunities in the current mining and resources market. The resource guide highlights topics such as the rebirth of the resources sector, investment strategies for mining and energy, top resource projects and materials around the globe, and more. Throughout the next couple of weeks, we will be publishing excerpts to introduce you to the contents of the Global Resource Investment Guide 2017.
Taken from the article: “Surviving the oil and gas storm”
Activity in the Canadian oil and gas market has been significantly lower than normal over the past two years. Oil prices, since reaching more than US$100 a barrel in 2014, have been plummeting and have crashed below US$27 a barrel in early 2016. At such low prices, many producers were having difficulty covering their operating costs, let alone setting aside funds to invest in future growth. The province of Alberta, home to the third largest crude oil resource in the world and extensive natural gas resources, was especially hard hit by the low energy prices.
Investors across the globe have been extremely cautious about investing in the energy sector. During times of such declining prices, many investors have avoided broad groups of equities, even though every company and every stock is different. Company fundamentals such as valuation and balance sheets were often ignored and stocks were chosen based only on predictions of macro trends…
* At a value of CAD$50, the guide will be available for free download for a limited time. The offer ends after September 8th, 2017.
