Tag Archives: Energy

Most Cautiously Posted Charts – But TOO Interesting NOT to post – Worlds Biggest Oil Reserves all in One Chart AND Renewable’s Chase for Replacement

With a lot of followers/clients being Oil Experts due to long careers in the Oil Industry (For the record we find the industry wildly interesting!) we are welcoming the feedback as we make the following charts and stats available….

We did not make the chart, our friends at Howmuch.com and the World CIA Facebook (an interesting resource topic for another discussion) are the creators of this one:

Oil Reserves by Chart Size

Here are the actual statistics in legend format –

Rank Country Oil Reserves (Barrels)
#1 🇻🇪 Venezuela 300.9 billion
#2 🇸🇦 Saudi Arabia 266.5 billion
#3 🇨🇦 Canada 169.7 billion
#4 🇮🇷 Iran 158.4 billion
#5 🇮🇶 Iraq 142.5 billion
#6 🇰🇼 Kuwait 101.5 billion
#7 🇦🇪 United Arab Emirates 97.8 billion
#8 🇷🇺 Russia 80.0 billion
#9 🇱🇾 Libya 48.4 billion
#10 🇳🇬 Nigeria 37.1 billion
#11 🇺🇸 United States 36.5 billion
#12 🇰🇿 Kazakhstan 30.0 billion
#13 🇨🇳 China 25.6 billion
#14 🇶🇦 Qatar 25.2 billion
#15 🇧🇷 Brazil 12.7 billion

 

Interesting comments – read between the lines on long term Oil usage…

“There’s little doubt that renewable energy sources will play a strategic role in powering the global economy of the future.
But for now, crude oil is still the undisputed heavyweight champion of the energy world.
In 2018, we consumed more oil than any prior year in history – about 99.3 million barrels per day on a global basis. This number is projected to rise again in 2019 to 100.8 million barrels per day.”

This from an interesting chart, at Visual Capitalist

While headlines as recent as five years ago predicted the end of oil reserves from depletion, the belief now by the smart folks, is that we will move from Oil to renewable long before we run out of oil, making for very interesting company pivots in the future.

Could an insert your favorite energy company be the leader in some type of renewable energy resource?  Not beyond the realm of a reasonable doubt if their long term viability is dependent!

Things we are constantly thinking of for opportunities and loss avoidance!

Hat tip JP!

Have a Great “Energy Informed” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

The Importance of Energy Companies to the US Economy

Not so many quarters ago with oil booming and the price of oil going to $144/barrel many including ourselves may have missed the importance of Energy Companies on the US as well as global economy.

Here  we reiterated that we thought the trickle down effect may be much greater than many had once thought.

Another Great View from Visual Capitalist

Take a moment to let this chart digest…it truly is amazing.

If you have been following us long you know we love to mix different opinions especially when they point the same direction- this from Factset..

Without Energy, the S&P 500 earnings would be much less.

Before complaining about that fill up… remember these two items.

Have a Great “Energy Growth” day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com

 

Oil and Energy? Factset Estimates

No doubt energy has been left for dead.

Why hold energy investments as the world crashed around them?

There will be more pain…BUT

Three charts from Factset, an accumulator of estimates and reports:

Energy certainly has the lead in earnings surprises

4-29-16 Sector level surpises

Wow…..

Of course it is not all peaches and cream … THIS year’s estimates:

4-29-16 2016 Growth Estimates

Next Year’s Estimates …

4-29-16 2017 Growth Estimates

Wow….did we say wow !

What if they are only 50% correct ? Of course coded forecast !

Never go “All in or All out!”

Have a great day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com

 

Travels next week — Q4 2014 Newsletter Video Review

Most of next week I will be traveling to a water surrounded state for business. Tethered heavily with technology via planes and automobile as well as great coverage back home, we will not miss a beat.

The Newsletter is out – actually on its way to you now. If you do not have time to read the Newsletter or prefer my personal thoughts, take a look – well listen.

Click here for digital Newsletter!

Q 4 2014 Newsletter Video Review

 

 

Enjoy your Friday !

Have a Great Day!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225


 

Energy and Oil …. Friend or Foe?

This article, originally scheduled for the Q 3 Newsletter, accidentally hit the cutting room floor.  Here is an abbreviated version, with the full article to come in the Next Newsletter.

Energy our Lowered Price Friend

Airlines, heavy energy-consuming companies and summer vacationers are all cheering the lower price of oil, which tumbled dramatically in the fall of 2014. Lower energy prices act as a wage increase for most as in some way a lowered price of energy helps as a “consumer.”

As an Investor or worker in the Oil and Energy field, more of a Foe

As mentioned at the end of our Earnings Article in our Q3 Newsletter, energy has made up a great deal of the drop in earnings for the entire market as a whole. Just as vertical drilling and the various Shoal plays came on-line strong, the price as dropped like a rock.

This from FactSet: EPS estimates for 2015 — Energy is the far right diving down!

6-26-15 EPS Growth 2015 by Sector

Energy and Oil Related, Friend Again

So as a consumer we are happy, but greatly overshadowed if we invest, work or have any related dealings with the energy area.

Hold on, not all is lost—

FactSet 2016 Expectations

6-26-15 Factset EPS Growth 2016 by sector

Yep…that’s Energy expectations roaring back next year.

Never go “all in” or “all out” !

Have a great day!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

JK Street Cents Logo

 

December 2014 End of the Year Financial Planning Tip, Capital Market and Economic Review (Video)

Welcome to our monthly Economic, Capital Market, and Financial Planning tip of the month.

This months Financial Planning Tip of the month, may help you earn extra dollars this coming year!

For those new to our writings, we touch on the most pertinent Financial “stuff” along with a video of my mug that has even more specialized details of the latest month as well as this post.

Ok…let’s go!

VIDEO

You Tube Direct Link   or   Vimeo Direct Link

 

Another Financial Planning Tip: Spread retirement contributions Evenly

 

Spread Evenly Spread Even

Due to control of investment options (not great) and regular contributions (that’s your dollars) spread your contributions over the year and attempt to max your retirement plan out in December.

By doing this you will lower the worry of less control of your investments AND dollar cost average into your plan throughout the year.

Remember, if it’s a new plan or your contributions are making up the majority of the account, making it a beast (aggressive) may be best.

Oil drops like a lead balloon

This ETF called USO (US Oil) is a reasonable proxy for oil prices. Don’t you think it’s hard to believe the world’s oil prices can change that fast? Of course it is. You never know if they were over priced to begin with (for a LONG time) or if they are overshooting on the downside. Our bet, the latter. We are certainly aware asset classes can stay out of favor for some time.

DJP 12-31-14

Here is another good example of a basket of  commodities (Gold, Silver, Oil, Beef…etc) that we really like and include in portfolios for diversification.  Hmmm …. looks pretty silly holding these as they fall like a rock ?  Buy low!

DJP 12-31-14

Let’s go back to 1-1-14 and see what this same basket looked like. While not always easy to hold, rest assured they don’t always go in just a downward direction.  We trimmed these positions as they weights became too heavy for portfolio allocations. Sell High!

DJP 1-1-14 to Mid Year

 

Thanks for your time and Happy Start to 2015 !

 

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225