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.
About the Author(s)
Josef Schachter is most noted as a frequent guest on BNN and is regularly quoted in news publications and financial reporting agencies. He is also a regular on various radio shows including Michael Campbell’s “Money Talks” on the Corus Network and is a regular Guest Speaker at the annual World Outlook Financial Conference in Vancouver. The Business Edge Magazine awarded Josef their “Stock Picker of the Year” in 2003, 2004 and 2007. More recently, he has been acknowledged as the first analyst in Canada to predict the Oil Price Plunge of 2014.
Prior to establishing his firm in 1996, Josef was the Market Strategist for Richardson Greenshields, a Director of RGCL and a member of its Investment Policy Committee. He holds a Chartered Financial Analyst designation and is a past Chairman of the Canadian Council of Financial Analysts.
His research product can be found at his website www.SchachterEnergyReport.ca.