The Final Shakeout Phase of the 2014 Energy Bear Market is Now Underway – What Happens from There?

Many factors have an impact on the energy market and the market for hydrocarbons in particular. As well as addressing the current factors at the time of the DoodleTrain Luncheon the following items will be addressed and analyzed.

• Why were people forecasting WTI at US$55/b in their models in 2017 – why they were wrong.
• Balance sheet risk and survival concern for many leveraged companies.
• The final capitulation – pain for high debt companies, energy service, heavy oil and high cost producers
• The new energy bull market may last 4-7 years – why and when will it start?

As a 40-year veteran of the Canadian Investment Management Industry, Josef Schachter has experienced several exceptional and turbulent global economic and stock market cycles. With his primary focus on the Energy Sector, Josef is able to weave global political, economic and monetary issues with current energy data into a compelling story of what’s going on in the sector, what is to come, and why.

Over the past 15 years, Josef provided Oil and Gas research coverage to Maison Placements Canada for their institutional clients. He now consults, advises, and delivers presentations to various boards, companies and organizations, as well as producing the Schachter Energy Report for individual investors.