Income and Small Cap Weekly (successor to Energy Income)

Merged into Meter Reader on October 1, 2013

September 2013

September 27, 2013 (posted Oct 20); ISCW: WPX Energy (WPX) - San Juan Basin Innovator
September 20, 2013 (posted Oct 13); ISCW: Whiting Petroleum (WLL) - Activity Attracts Attention
September 13, 2013 (posted Oct 6); ISCW: Cross Timbers RT (CRT) - Fracking Upside in Permian and SCOOP
September 6, 2013 (posted Sep 29); Income and Small Cap: Shale, McDep and the Portfolio

August 2013

August 23, 30: Income and Small Cap Weekly on Vacation
August 16, 2013 (posted Sep 8); ISCW: Continental Resources (CLR) - Raise NPV to $120 from $110 on More Growth
August 9, 2013 (posted Sep 1); ISCW: Dorchester Minerals (DMLP) - More Bakken and Permian Oil Cash
August 2, 2013 (posted Aug 25); ISCW: Top Line Cash - Advantaged Shale Investment

July 2013

July 26, 2013 (posted Aug 18); ISCW: Whiting (WLL) - Western Williston and Red Tail
July 19, 2013 (posted Aug 11); ISCW: San Juan Basin RT (SJT) - 75% Liquids-Rich Shale Acreage
July 12, 2013 (posted Aug 4); ISCW: Permian Basin Royalty Trust (PBT) - Market Overreaction
July 5, 2013 (posted Jul 28); ISCW: Linn Energy (LINE) - Stock Undervalued while SEC Probes

June 2013

June 28, 2013 (posted Jul 21); ISCW: Innovators Profiting from Shale Oil at $90 a Barrel
June 21, 2013 (posted Jul 14); ISCW: Range Resources (RRC) - Superlatives
June 14, 2013 (posted Jul 7); ISCW: San Juan Basin Royalty Trust (SJT) - First Mancos Frac Flows 30% Oil
June 7, 2013 (posted Jun 30); ISCW: Cimarex Energy (XEC) - Uncovering Culberson Value

May 2013

May 31, 2013 (posted Jun 23); ISCW: Hugoton Royalty Trust (HGT) - Beating the Bear
May 24, 2013 (posted Jun 16); ISCW: Birchcliff Energy (BIREF) - Small Cap North American Natural Gas
May 17, 2013 (posted Jun 9); ISCW: Dorchester Minerals, L.P. - U.S. Oil Ascending
May 10, 2013 (posted Jun 2); ISCW: Continental Resources (CLR) - Raise NPV to $110 from $100 on Oil Growth
May 3, 2013 (posted May 26); ISCW: Enduro Royalty Trust (NDRO) - RTF Stock for Permian Oil

April 2013

April 26, 2013 (posted May 19); ISCW: Whiting Petroleum (WLL) - Synergistic Fracker
April 19, 2013 (posted May 12); ISCW: Halcón Resources (HK) - Fourth Core Area - El Halcón "The Hawk"
April 12, 2013 (posted May 5); ISCW: Mesa Royalty Trust (MTR) - RTF Stealth Play on Long-Life Natural Gas
April 5, 2013 (posted Apr 28); ISCW: Sabine Royalty Trust (SBR) - Accelerating Volume Growth

March 2013

March 28, 2013 (posted Apr 21); ISCW: Peyto Exploration (PEYUF) - Raise NPV to $32 for Fracking Winner
March 22, 2013 (posted Apr 14); ISCW: San Juan Basin Royalty Trust (SJT) - Drill and It Shale Set You Free
March 15, 2013 (posted Apr 7); ISCW: Cross Timbers Royalty Trust (CRT) - San Juan Basin Gem
March 8, 2013 (posted Mar 31); ISCW: Range Resources (RRC) - Raise NPV to $90 from $70 on Big Wells
March 1, 2013 (posted Mar 24); ISCW: Enerplus (ERF) - Back on Track, Discontinue Buy

February 2013

February 22, 2013 (posted Mar 17); ISCW: Cimarex (XEC) - Wolfcamp New Legacy Asset
February 15, 2013 (posted Mar 10); ISCW: Birchcliff (BIREF) - Production Up 26% in 2012
February 8, 2013 (posted Mar 3); ISCW: Whiting Petroleum (WLL) - Low McDep Ratio Shale Oil
February 1, 2013 (posted Feb 24); ISCW: San Juan Basin RT (SJT) - Horizontal Mancos Well Apparently Successful

January 2013

January 25, 2013 (posted Feb 17); ISCW: Continental Resources (CLR) - Bakken Reserves Exceed a Half-Billion Barrels
January 18, 2013 (posted Feb 10); ISCW: Dorchester Minerals (DMLP) - Distribution Swings Up
January 11, 2013 (posted Feb 3); ISCW: PDC Energy (PDCE) - Mancos (Niobrara) Winner
January 4, 2013 (posted Jan 27); ISCW: Oil Price Perks Up

December 2012

December 28, 2012 (posted Jan 20); ISCW: Freehold Royalties - Advantaged Oil
December 21, 2012 (posted Jan 13); ISCW: Last Chance for Opportunistic Year-End Buys
December 14, 2012 (posted Jan 6); ISCW: Cash Payers: Leveraged and RTF
December 7, 2012 (posted Dec 30); ISCW: Permian Basin RT (PBT): New Volume from Horizontal Fracking

November 2012

November 30, 2012 (posted Dec 23); ISCW: San Juan Basin RT (SJT): Unlocking the Mancos Shale
November 23, 2012 (posted Dec 16); ISCW: Invest through the RTF Cycle
November 16, 2012 (posted Dec 9); ISCW: Enerplus (ERF) - Bakken Sleeper
November 9, 2012 (posted Dec 2); ISCW: Halcón Resources (HK)- Growing at Hawk Speed
November 2, 2012 (posted Nov 25); ISCW: Range Resources (RRC) - Natural Gas Comeback Amplifies Volume Growth

October 2012

October 26, 2012 (posted Nov 18); ISCW: Royalty Trust Fund - RTF Distributions Turn Up
October 19, 2012 (posted Nov 11); ISCW: Dorchester Minerals, L.P. - Top Line Core
October 12, 2012 (posted Nov 4); ISCW: Continental Resources (CLR) - New Buy on Bakken Growth
October 5, 2012 (posted Oct 28); ISCW: Create a Custom RTF - Royalty Trust Fund Looks Timely

September 2012

September 28, 2012 (posted Oct 21); ISCW: Birchcliff Energy (BIREF) - Strategic Montney Natural Gas
September 21, 2012 (posted Oct 14); ISCW: Whiting Petroleum (WLL) - Growing, Secure, Price-Sensitive, Light Oil
September 14, 2012 (posted Oct 7); ISCW: SJT and Royalty Trusts - Estimated Distributions Jump
September 7, 2012 (posted Sep 30); ISCW: Peyto Exp & Dev (PEYUF) - Canada Deep Basin Fracker

August 2012

August 31, 2012 (posted Sep 23); ISCW: Royalty Trust McDep Opportunities
August 24, 2012 (posted Sep 16); ISCW: Hugoton Royalty Trust (HGT) - Highest Return for the Next Year
August 17, 2012 (posted Sep 9); ISCW: Halcón (HK) - Billion Barrel Resource Potential
August 10, 2012 (posted Sep 2); ISCW: Continental Resources (CLR) - Bakken Billions
August 3, 2012 (posted Aug 26); ISCW: Cimarex Energy (XEC) - West Texas Wolfcamp Shale Oil

July 2012

July 27, 2012 (posted Aug 19); ISCW: Range Resources (RRC) - Oil-Enhanced Natural Gas Growth
July 20, 2012 (posted Aug 12); ISCW: Berry Petroleum (BRY) - Momentum Resuming
July 13, 2012 (posted Aug 5); ISCW: Low-Priced Stocks
July 6, 2012 (posted Jul 29); ISCW: Lowballing LIBOR

June 2012

June 29, 2012 (posted Jul 22); ISCW: Natural Gas Rising from the Price Gloom
June 22, 2012 (posted Jul 15); ISCW: Continental (CLR), Halcón (HK) - Two Great Energy Entrepreneurs
June 15, 2012 (posted Jul 8); ISCW: Enerplus (ERF), Hugoton RT (HGT) - Price Action and Income Hysteria
June 8, 2012 (posted Jul 1); ISCW: San Juan Basin RT (SJT) - Price Decline Action in Royalty Trusts
June 1 Income and Small Cap Weekly not published while we were traveling in Australia

May 2012

May 25, 2012 (posted Jun 17); Income and Small Cap Weekly: HGT Bargain
May 18, 2012 (posted Jun 10); ISCW: Birchcliff Energy (BIREF) - Contrarian Buy at Lower NPV
May 11, 2012 (posted Jun 3); ISCW: Dorchester Minerals, L.P. (DMLP) - Rising Oil Volume
May 4, 2012 (posted May 29); ISCW: Whiting Petroleum (WLL) - Oil Price Discount Narrows

April 2012

April 27, 2012 (posted May 20); ISCW: Range Resources (RRC) - Shale Strength
April 20, 2012 (posted May 13); ISCW: Good Stuff - RRC, XEC, WLL, ERF
April 13, 2012 (posted May 6); ISCW: Enerplus (ERF) - Shale Oil Growth with Income Option
April 6, 2012 (posted Apr 29); ISCW: Enduring Energy in Bottom-Line Royalty Trusts (SJT, HGT, NDRO, MTR)

March 2012

March 30, 2012 (posted Apr 22); Income and Small Cap Weekly: Independents Delivering Growth
March 23, 2012 (posted Apr 15); Income and Small Cap Weekly: Gut Check on Natural Gas
March 16, 2012 (posted Apr 8); Income and Small Cap Weekly: Bullish for U.S. Economic Growth
March 9, 2012 (posted Apr 1); ISCW: Vote for Oil - BRY, DNR, WLL, FRHLF, LGCY
March 2, 2012 (posted Mar 25); ISCW: Dorchester Minerals, L.P. (DMLP) - Fourth Quarter Production Up 42%

February 2012

February 23, 2012 (posted Mar 18); ISCW: Birchcliff Energy (BIREF) - Reserves Up 37% in 2011
February 17, 2012 (posted Mar 11); ISCW: Cimarex (XEC) - Permian Payoff
February 10, 2012 (posted Mar 4); ISCW: Bakken and Canadian Crude Oil Backup
February 3, 2012 (posted Feb 26); ISCW: Cross Timbers Royalty Trust (CRT) - Firm Oil Balances Soft Natural Gas

January 2012

January 27, 2012 (posted Feb 19); ISCW: PDC Energy (PETD) - Raise NPV to $40 from $36 on Reserves and Production
January 20, 2012 (posted Feb 12); ISCW: Enerplus Corporation (ERF) - Timlier on Equity Offering Discount
January 13, 2012 (posted Feb 5); ISCW: Lost Winter for Natural Gas
January 6, 2012 (posted Jan 29); ISCW: Range Resources (RRC) Rediscovers Mississippian Oil

December 2011

December 30, 2011 (posted Jan 22); ISCW: Income for 2012
December 22, 2011 (posted Jan 15); ISCW: New NPV for $6 Long-Term Natural Gas Price
December 16, 2011 (posted Jan 8); ISCW: Hits Offset Misses in Small Cap Producers
December 9, 2011 (posted Jan 1); ISCW: PDC Energy (PETD) - Raise NPV to $36 from $32 on Wattenberg Drilling
December 2, 2011 (posted Dec 25); ISCW: Cimarex Hedged against Frackophobia

November 2011

November 23, 2011 (posted Dec 18); ISCW: Whiting Petroleum (WLL) - North Dakota Shale Oil
November 18, 2011 (posted Dec 11; ISCW: Dorchester Mineral, L.P. (DMLP) - Insider Accumulation
November 11, 2011 (posted Dec 4); ISCW: Oil and Gas Investing under Uncertainty
November 4, 2011 (posted Nov 27); ISCW: Enduro Royalty Trust (NDRO) - New Bottom Line Cash Payer

October 2011

October 28, 2011 (posted Nov 20); ISCW: Berry Petroleum (BRY) - Volatility Break
October 20, 2011 (posted Nov 13); ISCW: PDC Energy (PETD) Returns to Appalachian Roots
October 14, 2011 (posted Nov 6); ISCW: ERF - Marcellus, Bakken and Canada with 8% Income
October 7, 2011 (posted Oct 30); ISCW: Birchcliff Seeks Offers to Acquire the Company

September 2011

September 30, 2011 (posted Oct 23); ISCW: 5 Ideas from IPAA San Francisco - RRC, WLL, XEC, LINE, LGCY
September 23, 2011 (posted Oct 16); ISCW: Transfer Buy from SJT to HGT
September 16, 2011 (posted Oct 9); ISCW: Volume Upside in Top Line Cash Payers FRHLF, PBT, SBR, DMLP, CRT
September 9, 2011 (posted Oct 2); Income and Small Cap Weekly: A Dime a Gallon
September 2, 2011 (posted Sep 25); ISCW: Cimarex (XEC) - Solid Company, Bouncy Stock

August 2011

August 26, 2011 (posted Sep 18); ISCW: Invest in Natural Gas (RRC, PEYUF, BIREF, CRT, MTR)
August 19, 2011 (posted Sep 11); ISCW: Dorchester Minerals (DMLP) - Preferred Risk 7% Income with Upside
August 12, 2011 (posted Sep 4); ISCW: Raise NPV for BRY, DNR, LGCY; Discontinue ENP
August 5, 2011 (posted Aug 28); ISC Weekly: Raise NPV for RRC, Confirm XEC, Discontinue HK

July 2011

July 29, 2011 (posted Aug 21); ISC Weekly: Whiting (WLL) - Appreciation Potential after Stock Price Decline
July 22, 2011 (posted Aug 14); ISC Weekly: Income and Small Cap 23% of McDep Buy Portfolio
July 15, 2011 (posted Aug 7); Income and Small Cap Weekly: In Oil and Gas We Trust
July 8, 2011 (posted Aug 1); Income and Small Cap Weekly: Shale Strategy II
July 1, 2011 (posted Jul 24); Income and Small Cap Weekly: Shale Strategy

June 2011

June 24, 2011 (posted Jul 17); ISCW: Income Enhancers HGT, SJT, MTR
June 17, 2011 (posted Jul 10); ISCW: Update Peyto (PEYUF) Growth, Discontinue UPL, PGH
June 10, 2011 (posted Jul 3); ISCW: Whiting Petroleum (WLL) - Bakken Backlog
June 3, 2011 (posted Jun 26); ISCW: Petrohawk (HK) - Raise NPV to $34 a Share from $24 on Eagle Ford

May 2011

May 27, 2011 (posted Jun 19); ISCW: Cimarex Energy (XEC) - Buy on Stock Price Underperformance
May 20, 2011 (posted Jun 12); ISCW: Sabine Royalty Trust (SBR) - Raise NPV to $70
May 13, 2011 (posted Jun 5); ISCW: Dorchester Minerals (DMLP) - Fayetteville and Bakken Growth
May 6, 2011 (posted May 29); ISCW: Berry (BRY), Denbury (DNR), Linn (LINE)- Raise NPV as Oil Price Swings

April 2011

April 29, 2011 (posted May 22); ISCW: Birchcliff Energy (BIREF) - Independent Engineer Confirms Natural Gas Upside
April 22, 2011 (posted May 15); ISCW: Enerplus Corporation (ERF) - New Buy - Bakken and Marcellus with 7% Income
April 15, 2011 (posted May 8); ISCW: Whiting Petroleum (WLL) - New Buy on Chairman Volker's Prudhoe Bay
April 8, 2011 (posted May 1); ISCW: Range Resources (RRC) - Raise NPV to $60 from $50 a Share
April 1, 2011 (posted Apr 24); ISCW: San Juan Basin Royalty Trust (SJT) - Remove Buy at McDep Ratio of 1.10

March 2011

March 25, 2011 (posted Apr 17); ISCW: On Course to $200 a Barrel by November 2012
March 18, 2011 (posted Apr 10); ISCW: Natural Gas Price Breakout on Nuclear Tragedy
March 11, 2011 (posted Apr 3); ISCW: Hugoton Royalty Trust (HGT) - Contrarian Commodity Income
March 4, 2011 (posted Mar 27); ISCW: Long-Life Resource for Range (RRC)

February 2011

February 25, 2011 (posted Mar 20); ISCW: Dorchester Minerals (DMLP) - Profitable Production amid Unstable Politics
February 18, 2011 (posted Mar 13); ISCW: Raise Peyto NPV to $24 from $20
February 11, 2011 (posted Mar 6); ISCW: Birchcliff (BIREF) - China Buys Natural Gas in Canada
February 4, 2011 (posted Feb 27); ISCW: Raise Petrohawk NPV to $24 on Shale

January 2011

January 28, 2011 (posted Feb 20); ISCW: Rioting in Egypt Strengthens Obama/Carter Parallel
January 21, 2011 (posted Feb 13); ISCW: Raise Cimarex NPV to $100 a Share
January 14, 2011 (posted Feb 6); Income and Small Cap: All Stock Price Trends Up
January 7, 2011 (posted Jan 30); ISCW: Raise Whiting NPV to $150 on North Dakota Oil

December 2010

December 31, 2010 (posted Jan 23); ISCW: Longer Life, Higher Value for WLL, XEC
December 24, 2010 (posted Jan 16); ISCW: Raise Long-Term Oil Price to $100
December 17, 2010 (posted Jan 9); ISCW: Canadian Income Trusts R.I.P.
December 10, 2010 (posted Jan 2); ISCW: Reverse McDep Identifies Higher Oil Values
December 3, 2010 (posted Dec 26); ISCW: HK, RRC New Buys - Selling Pressure Exhausted

November 2010

November 26, 2010 (posted Dec 19); ISCW: Sabine Royalty Trust (SBR) - Raise NPV on Proven Performance
November 19, 2010 (posted Dec 12); ISCW: Vanguard (VNR) to Manage High-Income Encore (ENP)
November 12, 2010 (posted Dec 5); ISCW: Dorchester Minerals (DMLP) - Volume Trend Strengthening
November 5, 2010 (posted Nov 28); Income and Small Cap Weekly: Frac Shortage Limits Energy Supply

October 2010

October 29, 2010 (posted Nov 25); Income and Small Cap Weekly: (Qualified) Natural Gas Income Competitive at Low Price
October 22, 2010 (posted Nov 17); Income and Small Cap Weekly: Natural Gas Explorers Reduce Drilling
October 15, 2010 (posted Nov 7); Income and Small Cap Weekly: Latent Riches in Land
October 8, 2010 (posted Oct 31); ISCW: Top Line Cash Payers - Golden Stocks
October 1, 2010 (posted Oct 24); Income and Small Cap Weekly - The Message of Gold Price

September 2010

September 24, 2010 (posted Oct 17); ISCW - Big Income in Canada
September 17, 2010 (posted Oct 10); ISCW - Natural Gas Opportunity for the Tens Decade
September 10, 2010 (posted Oct 3); Income and Small Cap Weekly - Patience is Free
September 3, 2010 (posted Sep 26); Income and Small Cap Weekly - Natural Gas Futures May Be Bottoming

August 2010

August 27, 2010 (posted Sep 17); Income and Small Cap Weekly - Rockies Ideas
August 20, 2010 (posted Sep 12); Income and Small Cap Weekly - Mid-Term Election Year Prospects
August 13, 2010 (posted Sep 5); ISCW : Raise Peyto NPV to US$18 from $15
August 6, 2010 (posted Aug 29); ISCW : Dorchester Minerals (DMLP) - Free Ride on Bakken and Fayetteville Shale

July 2010

July 30, 2010 (posted Aug 22); ISCW : Canadian Oil Sands Trust (COSWF) - Distribution Yield of 7% with Long Life Upside
July 23, 2010 (posted Aug 15); ISCW : Hugoton Royalty Trust (HGT) - Pays 8% with Natural Gas Upside
July 16, 2010 (posted Aug 8); ISCW : San Juan Basin Royalty Trust - Raise NPV to $25 from $23
July 9, 2010 (posted Aug 1); ISCW : Petrohawk - Early in Haynesville
July 1, 2010 (posted Jul 25); ISCW : Range Resources - First in Marcellus

June 2010

June 25, 2010 (posted Jul 18); ISCW : Denbury Resources - Small Cap Oil Growth
June 18, 2010 (posted Jul 11); ISCW : Montney Buzz from Calgary
June 11, 2010 (posted Jul 4); ISCW : Bright Outlook for Pure Play Oil and Gas
June 4, 2010 (posted Jun 27); ISCW : Top Line Cash Payers - Pure Plays in Reawakening Oil and Gas

May 2010

May 28, 2010 (posted Jun 20); ISCW : Shell Shale Gas Deal Boosts Independent Producers
May 21, 2010 (posted Jun 13); ISCW : Canadian Income Trusts for Value and Distributions
May 14, 2010 (posted Jun 6); ISCW : Euroworries and the Appeal of Income and Small Cap
May 7, 2010 (posted May 30); ISCW : Mini-Panic and Encore Energy Partners

April 2010

April 30, 2010 (posted May 23); ISCW : Raise Whiting NPV to $95 a Share on Onshore Drilling
April 23, 2010 (posted May 16); ISCW : Oily Cash Payers - Add Legacy, Raise Linn NPV
April 16, 2010 (posted May 9); ISCW : Enerplus Resources Fund - Attractive for 9% Distribution Yield
April 9, 2010 (posted May 2); ISCW : Add Ultra, Range and Petrohawk to Coverage
April 2, 2010 (posted Apr 25); ISCW : San Juan Basin RT (SJT) - Low Cost Natural Gas

March 2010

March 26, 2010 (posted Apr 18); ISCW : Raise Peyto NPV to $US15 from $US13
March 19, 2010 (posted Apr 11); ISCW : Price Pressure for Natural Gas
March 12, 2010 (posted Apr 4); ISCW : Hugoton RT - High Income from Cheap Clean Fuel
March 5, 2010 (posted Mar 28); ISCW : San Juan Basin RT - Raise NPV to $23 from $21

February 2010

February 26, 2010 (posted Mar 21); ISCW : Dorchester Minerals - Replaces Reserves and Pays 8% Income
February 19, 2010 (posted Mar 14); ISCW : Cimarex on a Roll - Raise NPV to $65
February 12, 2010 (posted Mar 7); Income and Small Cap Weekly: Natural Gas Ideas
February 5, 2010 (posted Feb 28); ISCW: COSWF - Syncrude Transaction in the Works

January 2010

January 29, 2010 (posted Feb 21); Income and Small Cap Weekly: Tenuous Timing
January 22, 2010 (posted Feb 14); ISCW: U.S. Natural Gas Inventories Drop Sharply
January 19, 2010 (posted Feb 7); ISCW: Raise Cimarex NPV to $60 a Share from $50
January 8, 2010 (posted Jan 31); ISCW: Income Accelerating for Unhedged Natural Gas Trusts

December 2009

December 31, 2009 (posted Jan 24); ISCW: Whiting Petroleum (WLL) - North Dakota Bakken Oil Producer
December 24, 2009 (posted Jan 17); Income and Small Cap Weekly: Trending Up for the Tens
December 18, 2009 (posted Jan 10); ISCW: Raise CRT NPV 21%; Lower SBR NPV 18%
December 11, 2009 (posted Jan 3); ISCW: San Juan Basin Royalty Trust - Natural Gas Income with Upside
December 4, 2009 (posted Dec 27); ISCW: Canadian Oil Sands Trust - November Production below Capacity

November 2009

November 27, 2009 (posted Dec 20); ISCW: Practically Unllimited Global Demand for Natural Gas
November 20, 2009 (posted Dec 13); ISCW: Freehold Royalty Trust - Highest Distribution Rate Unhedged
November 13, 2009 (posted Dec 6); ISCW: Peyto Energy Trust - Deep Basin Drilling "Going to Explode"
November 6, 2009 (posted Nov 29); ISCW: Hugoton Royalty Trust - Distribution Trend Up

October 2009

October 30, 2009 (posted Nov 22); ISCW: Canadian Oil Sands Trust - COSWF Priced for a Deal
October 23, 2009 (posted Nov 15); Income and Small Cap Weekly: Going Horizontal
October 16, 2009 (posted Nov 8); Income and Small Cap Weekly: Canada Trusts on Real Growth Trend
October 9, 2009 (posted Nov 1); Income and Small Cap Weekly: Friendly Trends
October 2, 2009 (posted Oct 25); ISC Weekly: Cimarex (XEC) - Drilling Picking Up

September 2009

September 28, 2009 (posted Oct 18); ISC Weekly: Pure Natural Gas Income in Mesa Royalty Trust
September 18, 2009 (posted Oct 11); ISC Weekly: Canadian Oil Sands Trust (COSWF) - McDep Value
September 11, 2009 (posted Oct 4); ISC Weekly: Natural Gas Low Set
September 4, 2009 (posted Sep 27); ISCW: Upgrade San Juan Basin RT (SJT) to Buy from Hold

August 2009

August 14, 2009 (posted Sep 6); ISCW: Birchcliff Energy Ltd. (BIREF) - Spirited Small Cap Canadian Natural Gas Producer
August 7, 2009 (posted Aug 30); ISCW: Volatile Geographic Differences Narrow for Natural Gas

July 2009

July 31, 2009 (posted Aug 23); ISCW: Deducing the Trend at Mesa Royalty Trust
July 24, 2009 (posted Aug 16); Income and Small Cap Weekly: Trend Setters
July 17, 2009 (posted Aug 9); ISCW: Stocks Undervalued on $6.60 Six-Year Natural Gas
July 10, 2009 (posted Aug 2); ISCW: Rounding the Bend at HGT and SJT
July 3, 2009 (posted Jul 26); ISCW: Raise Encore NPV on Timely Deals (EAC, ENP)

June 2009

June 26, 2009 (posted Jul 19); ISCW: Volume Decline Boosts Product Price, Trims Cash
June 19, 2009 (posted Jul 12); ISCW: Play It by Income in Canadian Light Oil
June 12, 2009 (posted Jul 5); ISC: Canadian Oil Sands Trust - Raise Estimated Distribution to US$2.06 from 0.55
June 5, 2009 (posted Jun 28); ISC: Dorchester Minerals, L.P. - New Buy on Shale Formation Backlog

May 2009

May 29, 2009 (posted Jun 21); Income and Small Cap: Deal Conditions Ripe
May 22, 2009 (posted Jun 14); Income and Small Cap: Hedge U.S. Dollar with Canadian Income and Small Cap
May 15, 2009 (posted Jun 7); Income and Small Cap: Cash Flow Strength
May 8, 2009 (posted May 31); Income and Small Cap: Restore Buy on Encore Acquisition (EAC)
May 1, 2009 (posted May 24); Income and Small Cap: The Natural Gas Contrarian

April 2009

April 24, 2009 (posted May 17); Income and Small Cap: Peyto and Freehold have Low McDep Ratios
April 17, 2009 (posted May 10); Income and Small Cap: Readjust NPV for Volume Trend: DMLP and SBR Up; CRT and SJT Down
April 10, 2009 (posted May 3); Income and Small Cap: Long-Life, Clean Oil Sands
April 3, 2009 (posted Apr 26); Income and Small Cap: Brief Notes from Calgary

March 2009

March 27, 2009 (posted Apr 19); Income and Small Cap: Calgary Presentation
March 20, 2009 (posted Apr 12); Income and Small Cap: Small Cap Independent Producers Rising
March 13, 2009 (posted Apr 5); Income and Small Cap: Oversold, Undervalued Stocks
March 6, 2009 (posted Mar 29); Income and Small Cap: Accumulate Away

February 2009

February 27, 2009 (posted Mar 22); Income and Small Cap: Turning Points
February 20, 2009 (posted Mar 15); Income and Small Cap: Geographic Distortion in Natural Gas Price
February 13, 2009 (posted Mar 8); Income and Small Cap: Revisions, Differentials and Anomalies
February 6, 2009 (posted Mar 1); Income and Small Cap: Penn West Energy Trust Strengthens Balance Sheet

January 2009

January 30, 2009 (posted Feb 22); Income and Small Cap: Quirky Lows for SJT and HGT
January 23, 2009 (posted Feb 15); Income and Small Cap: D-Day for Canadian Oil Sands Trust
January 16, 2009 (posted Feb 8); Income and Small Cap: Natural Gas Price Low after Stock Price Low
January 9, 2009 (posted Feb 1); Income and Small Cap: SJT - A Clean Fuel Pure Play
January 2, 2009 (posted Jan 25); Income and Small Cap: Exceptional Deflation Resistance in Dorchester Minerals

December 2008

December 27, 2008 (posted Jan 18); Income Stocks: Hugoton Royalty Trust under Year-End Price Pressure
December 19, 2008 (posted Jan 11); Income Stocks: Near-Term Income below Long-Term Potential
December 12, 2008 (posted Jan 4); Income Stocks: Favorites at Favorable Prices
December 5, 2008 (posted Dec 28); Income Stocks: High Income, Low Stock Price

November 2008

November 28, 2008 (posted Dec 21); Income Stocks: Insider Buying in Encore Energy Partners
November 21, 2008 (posted Dec 14); Income Stocks: Alberta Acts to Reduce Royalties (Taxes)
November 14, 2008 (posted Dec 7); Income Stocks: Ten Percent in Three Hours
November 7, 2008 (posted Nov 30); Income Stocks: Tentative Recovery in Gasoline Demand

October 2008

October 31, 2008 (posted Nov 23); Income Stocks: Reset for Recovery
October 24, 2008 (posted Nov 16); Income Stocks: Median Distribution Yield 10.5%
October 17, 2008 (posted Nov 9); Income Stocks: Low Long-Term Risk
October 10, 2008 (posted Nov 2); Income Stocks: Rebound Candidates
October 3, 2008 (posted Oct 26); Income Stocks: Seasonal Swing

September 2008

September 26, 2008 (posted Oct 19); Income Stocks: Income Sensitivity to Oil and Gas Price
September 19, 2008 (posted Oct 12); Income Stocks: Low Debt, No Hedging
September 12, 2008 (posted Oct 5); Income Stocks: Canadian Oil Sands Trust - Distribution Yield of 9.4% if $80 Oil
September 5, 2008 (posted Sep 28); Income Stocks: Long-Term Oil Price in Uptrend

August 2008

August 29, 2008 (posted Sep 21); Income Stocks: Opportunity in Long-Term Natural Gas Futures
August 22, 2008 (posted Sep 14); Income Stocks: Hugoton Royalty Trust - Long-Term Natural Gas Income
August 15, 2008 (posted Sep 7); Income Stocks: San Juan Basin Royalty Trust - Long-Term Natural Gas Income
August 8, 2008 (posted Aug 31); Income Stocks: Penn West Energy Trust - 13% Distribution Yield
August 1, 2008 (posted Aug 24); Income Stocks: Oil Income

July 2008

July 25, 2008 (posted Aug 17); Income Stocks: Income Stability
July 18, 2008 (posted Aug 10); Income Stocks: Upgrade Estimates for ENP
July 11, 2008 (posted Aug 3); Income Stocks: Oil Price Trend Up
July 3, 2008 (posted Jul 27); Income Stocks: Twenty Dollar Natural Gas Next Winter

June 2008

June 27, 2008 (posted Jul 20); Income Stocks: Monetary Diversification
June 20, 2008 (posted Jul 13); Income Stocks: Natural Gas Gaining Altitude
June 13, 2008 (posted Jul 6); Income Stocks: Penn West Energy Trust - Raise Distribution, Adjust NPV
June 6, 2008 (posted Jun 29); Income Stocks: Canadian Oil Sands Trust - Raise Distribution Estimate 50%

May 2008

May 30, 2008 (posted Jun 22); Income Stocks: Portfolio Builders
May 23, 2008 (posted Jun 8); Income Stocks: Stocks Lag Oil Price
May 16, 2008 (posted Jun 1); Income Stocks: Volume Decline Modest
May 9, 2008 (posted May 25); Income Stocks: Raise Present Value 25%
May 2, 2008 (posted May 18); Income Stocks: Trust Distributions Rising

April 2008

April 25, 2008 (posted May 11); Income Stocks: San Juan Basin Royalty Trust - Better News Ahead
April 18, 2008 (posted May 4); Income Stocks: Hugoton Royalty Trust - Simpson Sustainability
April 11, 2008 (posted Apr 27); Income Stocks: Dorchester Minerals - High-Quality Inflation-Protected Income
April 4, 2008 (posted Apr 20); Income Stocks: Shoot the Speculator

March 2008

March 28, 2008 (posted Apr 13); Income Stocks: Record Natural Gas for Power
March 21, 2008 (posted Apr 6); Income Stocks: COSWF and SJT Timely
March 14, 2008 (posted Mar 30); Income Stocks: Kinder Morgan - GP Owner Reneges
March 7, 2008 (posted Mar 23); Oil and Gas Income Stocks: Oil Price Points

February 2008

February 29, 2008 (posted Mar 16); Oil and Gas Income Stocks: Trading Opportunities
February 22, 2008 (posted Mar 9); Oil and Gas Income Stocks: Penn West Energy Trust
February 15, 2008 (posted Mar 2); Oil and Gas Income Stocks: Surprising Signs of Strength in Energy Price
February 8, 2008 (posted Feb 24); Oil and Gas Income Stocks: Rising Natural Gas Monthly Index Price
February 4, 2008 (posted Feb 17); Oil and Gas Income Stocks: Canada Tax Developments

January 2008

January 25, 2008 (posted Feb 10); Oil and Gas Income Stocks: False Alarm
January 20, 2008 (posted Feb 3); Oil and Gas Income Stocks: Thriving in Debt-Stressed Market
January 11, 2008 (posted Jan 27); Oil and Gas Income Stocks: Hugoton Royalty Trust - Insider Buying
January 4, 2008 (posted Jan 20); Oil and Gas Income Stocks: Canadian Oil Sands Trust - $100 Oil Gem

December 2007

December 28, 2007 (posted Jan 13); Oil and Gas Income Stocks: Leaders and Laggards in 2007
December 21, 2007 (posted Jan 6); Oil and Gas Income Stocks: Raise Oil Present Value
December 14, 2007 (posted Dec 30); Oil and Gas Income Stocks: How Low Can It Go?
December 7, 2007 (posted Dec 23); Oil and Gas Income Stocks: Price Gap Narrows for Rockies Gas

November 2007

November 30, 2007 (posted Dec 16); Oil and Gas Income Stocks: Penn West for Contrarians
November 23, 2007 (posted Dec 9); Oil and Gas Income Stocks: Cross Timbers Royalty Trust
November 16, 2007 (posted Dec 2); Oil and Gas Income Stocks: Natural Gas Fuels Electricity Growth
November 9, 2007 (posted Nov 25); Oil and Gas Income Stocks: Devon Reconsiders Partnership
November 2, 2007 (posted Nov 18); Oil and Gas Income Stocks: Penn West to Acquire Canetic

October 2007

October 26, 2007 (posted Nov 11); Oil and Gas Income Stocks: McDep Ratio Opportunity in Hugoton
October 19, 2007 (posted Nov 4); Oil and Gas Income Stocks: Optimum Price for Natural Gas
October 12, 2007 (posted Oct 28); Oil and Gas Income Stocks: Caution in Buoyant Times
October 5, 2007 (posted Oct 21); Oil and Gas Income Stocks: Linn Energy, LLC

September 2007

September 28, 2007 (posted Oct 14); Oil and Gas Oil Income Stocks: Takeover Bid for PrimeWest Energy Trust
September 21, 2007 (posted Oct 7); Oil and Gas Oil Income Stocks: A Royalty Out for Syncrude
September 14, 2007 (posted Sep 30); Oil and Gas Oil Income Stocks: Encore Energy Partners Completes IPO
September 7, 2007 (posted Sep 23); Natural Gas and Oil Royalty Trust: Poised to Win

August 2007

August 17, 2007 (posted Sep 2); Natural Gas and Oil Royalty Trust: Buy Systematically
August 10, 2007 (posted Aug 26); Natural Gas and Oil Royalty Trust: Real Assets for a Time of Financial Turmoil
August 6, 2007 (posted Aug 19); Natural Gas and Oil Royalty Trusts: Seymour Schulich's Book

July 2007

July 30, 2007 (posted Aug 12); Natural Gas and Oil Royalty Trusts: Market Reprices Credit Risk
July 20, 2007 (posted Aug 5); Natural Gas and Oil Royalty Trusts: The Last Laggards
July 13, 2007 (posted Jul 29); Natural Gas and Oil Royalty Trusts: Too Much Coal
July 6, 2007 (posted Jul 22); Natural Gas and Oil Royalty Trusts: Permian for Patient Investors

June 2007

June 29, 2007 (posted Jul 15); Natural Gas and Oil Royalty Trusts: Honest Ed Stelmach
June 22, 2007 (posted Jul 8); Natural Gas and Oil Royalty Trusts: CAPPitalizing Canadian Oil Sands Trust
June 15, 2007 (posted Jul 1); Natural Gas and Oil Royalty Trusts: Dorchester Minerals Defies Decline
June 8, 2007 (posted Jun 24); Natural Gas and Oil Royalty Trusts: Real Value for Patient Investors
June 1, 2007 (posted Jun 17); Natural Gas and Oil Royalty Trusts: Stable Present Value

May 2007

May 25, 2007 (posted Jun 10); Natural Gas and Oil Royalty Trusts: Futures Forecasting Increasing Income
May 18, 2007 (posted Jun 3); Natural Gas and Oil Royalty Trusts: Encore's MLP Filed
May 11, 2007 (posted May 27); Natural Gas and Oil Royalty Trusts: Income from Clean Fuel for Global Growth
May 4, 2007 (posted May 20); Natural Gas and Oil Royalty Trusts: Out of Favor

April 2007

April 27, 2007 (posted May 13); Natural Gas and Oil Royalty Trusts: Distribution Decisions
April 20, 2007 (posted May 6); Natural Gas and Oil Royalty Trusts: Crank Up the Air Conditioning
April 13, 2007 (posted Apr 29); Natural Gas and Oil Royalty Trusts: Appreciation Potential on Tax Confusion
April 6, 2007 (posted Apr 22); Natural Gas and Oil Royalty Trusts: Smoothing Reserve and Volume Disclosures

March 2007

March 30, 2007 (posted Apr 15); Natural Gas and Oil Royalty Trusts: Funny Thing about Price Momentum
March 23, 2007 (posted Apr 8); Natural Gas and Oil Royalty Trusts: Planetary Emergency
March 16, 2007 (posted Apr 1); Natural Gas and Oil Royalty Trusts: Sincere Flattery
March 9, 2007 (posted Mar 25); Natural Gas and Oil Royalty Trusts: Bull Market in Long-Term Natural Gas
March 2, 2007 (posted Mar 18); Natural Gas and Oil Royalty Trusts: Trend Test

February 2007

February 23, 2007 (posted Mar 11); Natural Gas and Oil Royalty Trusts: Energy Politics
February 16, 2007 (posted Mar 4); Natural Gas and Oil Royalty Trusts: Distributions Rise, Canada Tax Threat Weakens
February 9, 2007 (posted Feb 25); Natural Gas and Oil Royalty Trusts: Future Energy Income Stocks
February 2, 2007 (posted Feb 18); Natural Gas and Oil Royalty Trusts: Adios El Nino

January 2007

January 26, 2007 (posted Feb 11); Natural Gas and Oil Royalty Trusts: Shell Canada Bid Raised
January 19, 2007 (posted Feb 4); Natural Gas and Oil Royalty Trusts: Cap and Trade
January 11, 2007 (posted Jan 28); Natural Gas and Oil Royalty Trusts: Convergence 2007
January 5, 2007 (posted Jan 21); Natural Gas and Oil Royalty Trusts: The Winter That Wasn't

December 2006

December 29, 2006 (posted Jan 14); Natural Gas and Oil Royalty Trusts: Crazy Trading
December 22, 2006 (posted Jan 8); Natural Gas and Oil Royalty Trusts: Canadians Fighting Back
December 15, 2006 (posted Jan 1); Natural Gas and Oil Royalty Trusts: Distribution Anomalies
December 8, 2006 (posted Dec 24); Natural Gas and Oil Royalty Trusts: A Thousand Barrels a Second
December 1, 2006 (posted Dec 17); Natural Gas and Oil Royalty Trusts: Al Gore's Movie

November 2006

November 24, 2006 (posted Dec 10); Natural Gas and Oil Royalty Trusts: Look Ahead for Distribution Yield
November 17, 2006 (posted Dec 3); Natural Gas and Oil Royalty Trusts: Dip/Rebound and New Shale Potential
November 10, 2006 (posted Nov 26); Natural Gas and Oil Royalty Trusts: Commodity Trumps Politics
November 3, 2006 (posted Nov 12); Natural Gas and Oil Royalty Trusts: Country Risk

October 2006

October 27, 2006 (posted Nov 12); Natural Gas and Oil Royalty Trusts: Last Chance to Buy Cyclically
October 20, 2006 (posted Nov 5); Natural Gas and Oil Royalty Trusts: Momentum Returning
October 13, 2006 (posted Oct 29); Natural Gas and Oil Royalty Trusts: Pengrowth Indicates Highest Rate of Distribution
October 6, 2006 (posted Oct 22); Natural Gas and Oil Royalty Trusts: Basic Reasons

September 2006

September 29, 2006 (posted Oct 15); Natural Gas and Oil Royalty Trusts: Mesa Royalty Trust Liquidity Opportunity
September 22, 2006 (posted Oct 8); Natural Gas and Oil Royalty Trusts: Sub $5 Natural Gas and CRT
September 15, 2006 (posted Oct 1); Natural Gas and Oil Royalty Trusts: Sub $5 Natural Gas and SJT
September 8, 2006 (posted Sep 24); Natural Gas and Oil Royalty Trusts: HGT Boosts Reinvestment

August 2006

August 18, 2006 (posted Aug 27); Natural Gas and Oil Royalty Trusts: Widely-Held PBT
August 11, 2006 (posted Aug 20); Natural Gas and Oil Royalty Trusts: Oily Gassy
August 4, 2006 (posted Aug 13); Natural Gas and Oil Royalty Trusts: The Developed Advantage

July 2006

July 28, 2006 (posted Aug 6); Natural Gas and Oil Royalty Trusts: Record Heat
July 21, 2006 (posted Jul 30); Natural Gas and Oil Royalty Trusts: Inflation Protected Securities
July 14, 2006 (posted Jul 23); Natural Gas and Oil Royalty Trusts: Deluded in Dallas
July 7, 2006 (posted Jul 16); Natural Gas and Oil Royalty Trusts: Rising Replacement Cost

June 2006

June 30, 2006 (posted Jul 9); Natural Gas and Oil Royalty Trusts: 1970s Perspective in a Nutshell
June 23, 2006 (posted Jul 2); Natural Gas and Oil Royalty Trusts: PWE Rings the Bell
June 16, 2006 (posted Jun 25); Natural Gas and Oil Royalty Trusts: Panic Perspective
June 9, 2006 (posted Jun 18); Natural Gas and Oil Royalty Trusts: 9% Annual Distributions
June 2, 2006 (posted Jun 11); Natural Gas and Oil Royalty Trusts: Raise Long-Term Oil Price to $60 a Barrel

May 2006

May 26, 2006 (posted Jun 4); Natural Gas and Oil Royalty Trusts: Roll Forward
May 19, 2006 (posted May 28); Natural Gas and Oil Royalty Trusts: Buy Low
May 12, 2006 (posted May 21); Natural Gas and Oil Royalty Trusts: Hugoton Handover
May 5, 2006 (posted May 14); Natural Gas and Oil Royalty Trusts: Trading Action

April 2006

April 28, 2006 (posted May 7); Natural Gas and Oil Royalty Trusts: The XTO Effect
April 21, 2006 (posted Apr 30); Natural Gas and Oil Royalty Trusts: New Billion Dollar Float
April 14, 2006 (posted Apr 23); Natural Gas and Oil Royalty Trusts: Distribution Pictures
April 7, 2006 (posted Apr 16); Natural Gas and Oil Royalty Trusts: Volume for Income

March 2006

March 31, 2006 (posted Apr 9); Natural Gas and Oil Royalty Trusts: Oil Sands and LNG
March 24, 2006 (posted Apr 2); Natural Gas and Oil Royalty Trusts: Defying Expectations
March 17, 2006 (posted Mar 26); Natural Gas and Oil Royalty Trusts: Opportunity Knocked
March 10, 2006 (posted Mar 19); Natural Gas and Oil Royalty Trusts: Inventory Investment
March 3, 2006 (posted Mar 12); Natural Gas and Oil Royalty Trusts: Canadian Action

February 2006

February 24, 2006 (posted Mar 5); Natural Gas and Oil Royalty Trusts: COS Trust Proposes 5:1 Split
February 17, 2006 (posted Feb 26); Natural Gas and Oil Royalty Trusts: Fundamental, Momentum and Contrary
February 10, 2006 (posted Feb 19); Natural Gas and Oil Royalty Trusts: World Energy Perspective
February 3, 2006 (posted Feb 12); Natural Gas and Oil Royalty Trusts: Owner Vigilance Rewarded

January 2006

January 27, 2006 (posted Feb 5); Natural Gas and Oil Royalty Trusts: Raise NPV for Penn West
January 20, 2006 (posted Jan 29); Natural Gas and Oil Royalty Trusts: Myth of Management
January 13, 2006 (posted Jan 22); Natural Gas and Oil Royalty Trusts: The Long and Short of It
January 6, 2006 (posted Jan 15); Natural Gas and Oil Royalty Trusts: Stop Thief!

All 2005 Analyses

December 30, 2005 (posted Jan 8); Natural Gas and Oil Royalty Trusts: 2006 Return Guaranteed (Almost)
December 23, 2005 (posted Jan 1); Natural Gas and Oil Royalty Trusts: Record Distributions
December 16, 2005 (posted Dec 25); Natural Gas and Oil Royalty Trusts: Declaration Day
December 9, 2005 (posted Dec 18); Natural Gas and Oil Royalty Trusts: Fiscal Follies
December 2, 2005 (posted Dec 11); Natural Gas and Oil Royalty Trusts: Calpine Farewell
November 25, 2005 (posted Dec 4); Natural Gas and Oil Royalty Trusts: Canadian Thanksgiving
November 18, 2005 (posted Nov 27); Natural Gas and Oil Royalty Trusts: D-Day
November 11, 2005 (posted Nov 20); Natural Gas and Oil Royalty Trusts: Hold That Line
November 4, 2005 (posted Nov 13); Natural Gas and Oil Royalty Trusts: What to Do with the Money
October 28, 2005 (posted Nov 6); Natural Gas and Oil Royalty Trusts: Winter Payoff
October 21, 2005 (posted Oct 30); Natural Gas and Oil Royalty Trusts: Third Week in October
October 14, 2005 (posted Oct 23); Natural Gas and Oil Royalty Trusts: Fraud on the Street
October 7, 2005 (posted Oct 16); Natural Gas and Oil Royalty Trusts: October Jitters
September 30, 2005 (posted Oct 9); Natural Gas and Oil Royalty Trusts: Seven Eleven
September 23, 2005 (posted Oct 2); Natural Gas and Oil Royalty Trusts: Canada Looks at Income Trusts
September 16, 2005 (posted Sep 25); U.S. Natural Gas Royalty Trusts: Yield Support
September 9, 2005 (posted Sep 18); U.S. Natural Gas Royalty Trusts: Invest Direct
August 19, 2005 (posted Aug 28); U.S. Natural Gas Royalty Trusts: Supply Creation
August 12, 2005 (posted Aug 21); U.S. Natural Gas Royalty Trusts: $50 SJT
August 5, 2005 (posted Aug 14); U.S. Natural Gas Royalty Trusts: Raise Present Value for $50 Oil
July 29, 2005 (posted Aug 7); U.S. Natural Gas Royalty Trusts: PBT Deal
July 22, 2005 (posted Jul 31); U.S. Natural Gas Royalty Trusts: Renminbi Revalued
July 15, 2005 (posted Jul 24); U.S. Natural Gas Royalty Trusts: Sakhalin Saga
July 8, 2005 (posted Jul 17); U.S. Natural Gas Royalty Trusts: IGCC
July 1, 2005 (posted Jul 10); U.S. Natural Gas Royalty Trusts: Natural Gas Vision
June 24, 2005 (posted Jul 3); U.S. Natural Gas Royalty Trusts: Deja Vu 1977
June 17, 2005 (posted Jun 26); U.S. Natural Gas Royalty Trusts: Growth Fuel
June 10, 2005 (posted Jun 19); U.S. Natural Gas Royalty Trusts: Twilight in the Desert
June 3, 2005 (posted Jun 12); U.S. Natural Gas Royalty Trusts: Good Inflation
May 27, 2005 (posted Jun 5); U.S. Natural Gas Royalty Trusts: Understated Reserves
May 20, 2005 (posted May 29); U.S. Natural Gas Royalty Trusts: Institutional Longs
May 13, 2005 (posted May 22); U.S. Natural Gas Royalty Trusts: The Bottomless Well
May 6, 2005 (posted May 15); U.S. Natural Gas Royalty Trusts: Contango and Backwardation Mythology
April 29, 2005 (posted May 8); U.S. Natural Gas Royalty Trusts: No Debt, No Hedges
April 22, 2005 (posted May 1); U.S. Natural Gas Royalty Trusts: A Boost from Burlington
April 15, 2005 (posted Apr 24); U.S. Natural Gas Royalty Trusts: Oil Price Moderation
April 8, 2005 (posted Apr 17); U.S. Natural Gas Royalty Trusts: Reserves Comparability
April 1, 2005 (posted Apr 10); U.S. Natural Gas Royalty Trusts: New High for Natural Gas
March 25, 2005 (posted Apr 3); U.S. Natural Gas Royalty Trusts: Continuing Uptrend
March 18, 2005 (posted Mar 27); U.S. Natural Gas Royalty Trusts: Value Implications
March 11, 2005 (posted Mar 20); U.S. Natural Gas Royalty Trusts: More Real Value
March 4, 2005 (posted Mar 13); U.S. Natural Gas Royalty Trusts: San Juan Showcase
February 25, 2005 (posted Mar 6); U.S. Natural Gas Royalty Trusts: New High for Six-Year Oil
February 18, 2005 (posted Feb 27); U.S. Natural Gas Royalty Trusts: Founding Father Speaks
February 11, 2005 (posted Feb 20); U.S. Natural Gas Royalty Trusts: New High
February 4, 2005 (posted Feb 13); U.S. Natural Gas Royalty Trusts: Pioneer's Hugoton Deal
January 28, 2005 (posted Feb 6); U.S. Natural Gas Royalty Trusts: Present Value at $40 Oil
January 21, 2005 (posted Jan 30); U.S. Natural Gas Royalty Trusts: Overlooked Asset Class
January 13, 2005 (posted Jan 23); U.S. Natural Gas Royalty Trusts: Green on the Screen
January 7, 2005 (posted Jan 16); U.S. Natural Gas Royalty Trusts: All Barrels Are Not the Same


All 2004 Analyses

December 31, 2004 (posted Jan 9); U.S. Natural Gas Royalty Trusts: Charitable Gifts
December 24, 2004 (posted Jan 2); U.S. Natural Gas Royalty Trusts: Weather and Inventories
December 17, 2004 (posted Dec 26); U.S. Natural Gas Royalty Trusts: Calling Saudi Arabia's Bluff
December 10, 2004 (posted Dec 19); U.S. Natural Gas Royalty Trusts: Inside Information
December 3, 2004 (posted Dec 12); U.S. Natural Gas Royalty Trusts: Uptrend with Volatility
November 26, 2004 (posted Dec 5); U.S. Natural Gas Royalty Trusts: Distribution Correlation
November 19, 2004 (posted Nov 28); U.S. Natural Gas Royalty Trusts: Distributions Trend Up
November 12, 2004 (posted Nov 21); U.S. Natural Gas Royalty Trusts: Cross Timbers Combines Features of Permian, San Juan and Sabine
November 5, 2004 (posted Nov 14); U.S. Natural Gas Royalty Trusts: San Juan Basin RT
October 29, 2004 (posted Nov 7); U.S. Natural Gas Royalty Trusts: Founding Fathers
October 22, 2004 (posted Oct 31); U.S. Natural Gas Royalty Trusts: Distributions Jump
October 15, 2004 (posted Oct 24); U.S. Natural Gas Royalty Trusts: Futures with Cash Back
October 8, 2004 (posted Oct 17); U.S. Natural Gas Royalty Trusts: More Upside than Downside
October 1, 2004 (posted Oct 10); U.S. Natural Gas Royalty Trusts: Income and Dollar Diversification
July 27, 2004 (posted Aug 1); Energy Income: Rising Cream
July 20, 2004 (posted July 25); Energy Income: Nice Returns
July 13, 2004 (posted July 18); Energy Income: Stock Price Correlates with Commodity Price
July 6, 2004 (posted July 11); Energy Income: Syncrude Volume Beats Projection
June 29, 2004 (posted July 4); Energy Income: SJT Volumes Steady, Distributions Rising
June 22, 2004 (posted June 27); Energy Income: Chocolate Fudge
June 15, 2004 (posted June 20); Energy Income: Where the Oil Is
June 8, 2004 (posted June 13); Energy Income: New Monthly Record for Syncrude
June 1, 2004 (posted June 6); Energy Income: Saudi Alberta
May 25, 2004 (posted May 30); Energy Income: Sparking Higher?
May 18, 2004 (posted May 23); Energy Income: Pure Plays
May 11, 2004 (posted May 16); Energy Income: Dependable Income
May 4, 2004 (posted May 9); Energy Income: Another Pipeline Disaster for Kinder Morgan
April 27, 2004 (posted May 2); Energy Income: Casey McManemin
April 20, 2004 (posted Apr 25); Energy Income: Canadian Oil Sands Ownership Limits
April 13, 2004 (posted Apr 18); Energy Income: Record Month for Syncrude
April 6, 2004 (posted Apr 11); Energy Income: New High for Six-Year Natural Gas
March 30, 2004 (posted Apr 4); Energy Income: Canada's Budget 2004
March 23, 2004 (posted Mar 28); Energy Income Producers: Raise Present Value 10%
March 16, 2004 (posted Mar 21); Energy Income Producers: Three Cheers for Valero
March 9, 2004 (posted Mar 14); Energy Income Producers: Canadian Oil Sands Volatility Gift
March 2, 2004 (posted Mar 7); Energy Income Producers: Income with a Kicker
February 24, 2004 (posted Feb 29); Energy Income Producers: Tax Time
February 18, 2004 (posted Feb 22); Energy Income Producers: When We Were Just Kids
February 10, 2004 (posted Feb 15); Energy Income Producers: Trusts as Futures
February 3, 2004 (posted Feb 8); Energy Income Producers: SJT More Timely
January 27, 2004 (posted Feb 1); Energy Income Producers: Monthly Oil Sands Volume
January 21, 2004 (posted Jan 25); Energy Income Producers: Capital Investment Tradeoff
January 13, 2004 (posted Jan 18); Energy Income Producers: Leave No Scam Behind
January 6, 2004 (posted Jan 11); Energy Income Producers: Boost Value to Resolve Divergence

Natural Gas Royalty Trusts - A Weekly Analysis presents weekly valuation calculations for three high quality income investments.  The weekly record for CRT, HGT, and SJT, posted in NGRT, its predecessors or Meter Reader, goes back to February 7, 2000. 


All 2003 Analyses

December 30, 2003 (posted Jan 4); Energy Income Producers: Expanded Weekly Analysis
December 23, 2003 (posted Dec 28); Wealth Preservers
December 16, 2003 (posted Dec 21); McDep Energy Income Producers
December 9, 2003 (posted Dec 14); Income with Energy Appreciation Potential
December 2, 2003 (posted Dec 7); Canadian Royalty Trusts
November 26 (posted Nov 30): Royalty Trusts Leading Futures
November 20, 2003 (posted Nov 23): Trifecta
November 13, 2003 (posted Nov 16); Weather and Oil
November 6, 2003 (posted Nov 9); Hanging In
October 30, 2003 (posted Nov 2); How High McDep
October 23, 2003 (posted Oct 26); Family Heirlooms
October 16, 2003 (posted Oct 19); Add Permian and Sabine to Coverage
October 9, 2003 (posted Oct 12); Frequently Asked Questions
October 2, 2003 (posted Oct 5); Seasonal Lull
September 25, 2003 (posted Sep 28); Volumes Diverge
September 18, 2003 (posted Sep 21); Opportunity in Random Fluctuation
September 11, 2003 (posted Sep 14); Location Differences Narrow
September 4, 2003 (posted Sep 7); Quantitative Fine Points
August 28, 2003 (posted Aug 31); Weekly Summary Statistics
August 21, 2003 (posted Aug 24); XTO to Distribute CRT Units
August 14, 2003 (posted Aug 17); Burlington Resources on the San Juan Basin
August 7, 2003 (modified and posted Aug 10); Wattenberg Wonder
July 31, 2003 (posted Aug 3); Interest Sensitivity
July 24, 2003 (posted Jul 27); Futures Curve Close to Normal
July 17, 2003 (posted Jul 20); Exaggerated Volatility
July 10, 2003 (posted Jul 13); Graphical Weekly Record
July 3, 2003 (posted Jul 6); Eighteen Cents a Month
June 26, 2003 (posted Jun 29); Price Sensitivity
June 19, 2003 (posted Jun 22); XOM and SJT
June 12, 2003 (posted June 15); High CRT Declaration Ahead
June 5, 2003 (posted Jun 8); Monthly Index Climbing Again
May 29, 2003 (posted Jun 1): Upward Trend Continues
May 22, 2003 (posted May 25); Two Percent a Month
May 15, 2003 (posted May 18); Present Value Jumps Again
May 8, 2003 (posted May 11); Dollar Hedge
May 1, 2003 (posted May 4); CRT Outperforms Outstanding Management
April 24, 2003 (posted Apr 27); Natural Gas Royalty Trusts: Monthly Distributions Rising
April 17, 2003 (posted Apr 20); After War and Winter
April 10, 2003 (expanded Apr 15); Remember Cost Depletion
April 3, 2003 (posted Apr 6); Present Value Jumps
March 27, 2003 (posted Mar 30); Two for Three on Volume Disclosures
March 20, 2003 (posted Mar 23); Put Price and Time Together
March 13, 2003 (posted Mar 16); Trend Holds
March 6, 2003 (posted Mar 9); Volatile Near-Term; Rising Long-Term
February 27, 2003 (posted Mar 2); Nineteen Dollar Natural Gas
February 20, 2003 (posted Feb 23, modified Feb 24): San Juan Basin Pricing Question
February 13, 2003 (posted Feb 16); Large Holder in SJT
February 6, 2003 (posted Feb 9); When Will We See Sell Signals?
January 30, 2003 (posted Feb 2): Energy Trusts and Partnerships Presentation
January 23, 2003 (posted Jan 26); Commodity Winners
January 16, 2003 (posted Jan 19); Cold Cash    
January 9, 2003 (posted Jan 12); Stock Market Interpretation of Commodity Futures
January 2, 2003 (posted Jan. 5); McDep Energy Income Ideas


All 2002 Analyses

December 30, 2002; Ending on the Yearly High
December 23, 2002; Transition to Premium Price
December 16, 2002; More Than Small Cap
December 9, 2002; Rare Natural Gas Income
December 2, 2002; Cold Thanksgiving Morn
November 25, 2002; Unmanaged Earnings
November 18, 2002; Contrasting Conflicts
November 11, 2002; Narrowing Basis
November 4, 2002; Early Cold
October 28, 2002; SJT Upside Volume Surprise
October 21, 2002; Seven Times Cash Flow
October 14, 2002; Futures Diverge
October 7, 2002; New SJT Trustee
September 30, 2002; Data Integrity
September 23, 2002; Hurricane Watch
September 16, 2002; Stock Price Tracking Six-Year Futures
September 9, 2002; Vote Your Proxy
September 2, 2002; Futures Connection
August 26, 2002; Payday
August 19, 2002; SJT Proxy Proposes New Trustee
August 12, 2002; Yield Advantage
August 5, 2002; Present Value Trends Up
July 29, 2002; Reassuring Absence of Debt
July 22, 2002; Estimated Return Increasing
July 15, 2002; Low Fees on Royalty Trusts
July 8, 2002; SJT Successor Trustee Nominated
July 1, 2002; SJT Trustee Preference
June 24, 2002; Monthly Income Incline
June 17, 2002; Historic Change of SJT Trustee
June 10, 2002; Natural Gas Price Proxies
June 6, 2002; San Juan Shenanigans
May 28, 2002; Rocky Differentials
May 20, 2002; Volatility Advantage for CRT
May 13, 2002; Expected Return
May 6, 2002; Powered by Futures
April 29, 2002; One Sigma
April 22, 2002; SJT February Volume Strong, Price Weak
April 15, 2002; Chavez Departs and Returns
April 8, 2002; Stock Price and Futures Track Closely
April 1, 2002;Development Outlays Lower
March 25, 2002; Lagging Beneficiaries of Commodity Price
March 18, 2002; Volume Trend Healthy
March 11, 2002; Big Gains With Natural Gas Price
March 4, 2002; Inflation Gaining
February 25, 2002; The Game Seems Changed
February 18, 2002; SJT Distributions Resume
February 11, 2002; Natural Gas Royalty Trusts
February 4, 2002; Natural Gas Royalty Trusts
January 28, 2002; Natural Gas Royalty Trusts
January 21, 2002; Natural Gas Royalty Trusts
January 14, 2002; Natural Gas Royalty Trusts
January 7, 2002; Natural Gas Royalty Trusts


All 2001 Analyses

December 31, 2001; Natural Gas Royalty Trusts
December 24, 2001; Natural Gas Royalty Trusts
December 17, 2001; Natural Gas Royalty Trusts
December 10, 2001; Natural Gas Royalty Trusts
December 3, 2001; Natural Gas Royalty Trusts
November 26, 2001; Natural Gas Royalty Trusts
November 19, 2001; Natural Gas Royalty Trusts
November 12, 2001; Five Natural Gas and Oil Producers - McDep Ratio, PV and Cash Flow
November 5, 2001; Five Natural Gas and Oil Producers - McDep Ratio, PV and Cash Flow
October 29, 2001; Five Natural Gas and Oil Producers - McDep Ratio, PV and Cash Flow
October 22, 2001; Five Natural Gas and Oil Producers - McDep Ratio, PV and Cash Flow
October 15, 2001; Five Natural Gas and Oil Producers - McDep Ratio, PV and Cash Flow
October 8, 2001; Five Natural Gas and Oil Producers - McDep Ratio, PV and Cash Flow
October 1, 2001; Five Natural Gas and Oil Producers - McDep Ratio, PV and Cash Flow
September 24, 2001; Five Natural Gas and Oil Producers - McDep Ratio, PV and Cash Flow
September 17, 2001; Five Natural Gas and Oil Producers - McDep Ratio, PV and Cash Flow
September 10, 2001; Five Natural Gas and Oil Producers - McDep Ratio, PV and Cash Flow
September 4, 2001; Small Cap Natural Gas Stocks - McDep Ratio, Present Value and Cash Flow
August 27, 2001; Small Cap Natural Gas Stocks - McDep Ratio, Present Value and Cash Flow
August 20, 2001; Small Cap Natural Gas Stocks - McDep Ratio, Present Value and Cash Flow
August 13, 2001; Small Cap Natural Gas Stocks - McDep Ratio, Present Value and Cash Flow
August 6, 2001; Small Cap Natural Gas Stocks - McDep Ratio, Present Value and Cash Flow
July 30, 2001; Small Cap Natural Gas Stocks - McDep Ratio, Present Value and Cash Flow
July 23, 2001; Small Cap Natural Gas Stocks - McDep Ratio, Present Value and Cash Flow 
July 16, 2001; Small Cap Natural Gas Stocks - McDep Ratio, Present Value and Cash Flow
July 9, 2001; Meter Reader Tables - Small Cap
July 2, 2001; Meter Reader Tables - Small Cap
June 25, 2001: Meter Reader Tables - Small Cap
June 18, 2001; Meter Reader Tables - Small Cap
June 11, 2001; Meter Reader Tables - Small Cap
June 4, 2001; Meter Reader Tables - Small Cap
May 28, 2001; Meter Reader Tables
May 21, 2001; Meter Reader Tables
May 14, 2001; Meter Reader Tables
May 7, 2001; Meter Reader Tables
April 30, 2001; Meter Reader Tables
April 23, 2001; Meter Reader Tables
April 16, 2001; Meter Reader Tables
April 9, 2001; Meter Reader Tables
April 2, 2001; Appendix
March 26, 2001; Appendix

 

 

Disclaimer and Disclosure
Analyses are prepared from sources and data believed to be reliable, but no representation is made as to their accuracy or completeness. Neither he nor his spouse trade a subject stock within a week before or after a change in rating.