Shortly after the release of the end of the year’s financial results, the chairman of Ensign Energy Services, Selby Porter, excersized and then sold 136000 option for a reported profit of $ 4.5 million dollars.
As an investor in Ensign Energy Services or a potential investor in Ensign Energy Services, this is a very interesting question as the president believes that the company could improve financial results in the near future he will probably would not have liquidated its stake in the company.
Insider trading is a crucial measure of how an oil and gas stocks may perform in the future as insiders have knowledge of an oil and gas resources that we as investors are not privy to. In the oil and gas industry mergers and acquisitions play a major role in the markets perception of how an oil and gas reserves will run and insiders have knowledge of whether transactions are possible on the table. Insiders include Board of Director members, Chief Financial Officers, Chief Executive Officers, Vice-Presidents, Controllers, Chief Operating Officers and many other influential people within a company.
All oil and gas investors should monitor abuse of trades of oil and gas public companies. www.findst.com is an invaluable source for oil and gas investors because it helps the oil and gas investors monitor their
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Oil Investing – oil and gas is a profitable investment
Yes. Oil and gas can be a very profitable investment. Indeed, some of the largest companies in the world are oil and gas companies. All these areas investments in oil and gas are potentially profitable. However, as an investor you should try to analyze their varying degrees of risk and reward oil and gas it is a safe investment?
Oil and gas are the natural resources that are depleted by means of extraction. In other words, these are non-renewable energy resources and our tax code has allowed a depletion allowance of up to 15 to 20 percent *. In addition to the depletion allowance, we have the drilling of intangible drilling costs and material costs. There may be additional tax benefits, depending on what type of category a particular project falls into.
How to invest in oil and gas
- The big oil company stock
- Medium-sized oil and gas companies
- Funds
- Independent oil and gas companies
- Drilling Funds
- Commodities Trading
- Royalty Funds
- Lease acquisition funds
- Combined Funds
Investing in oil is not a financial effort that the newcomer to invest must cooperate. If you are afraid of losing your money, or if you can not afford to take risks, then this type of investment is not for you. There are risks in all investments, but investing in oil has great risks. But the enormous potential of monetary gain is the reason that many do take part in this financial activity.
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