Triple-Digit Oil Investing and a Natural Gas Price Rebound: Bill Powers

The Energy Report: Is it fair to say that you are a value investor? Bill Powers: Absolutely. I’m very much a value investor focused on fundamentals and finding companies that can grow reserves, production and cash flow without taking on too much debt and/or diluting shares. Those are the companies that can have very strong long-term outperformance. That is my theme, and I think it is really powerful right now. The companies I’ve identified do not currently reflect future prices that their stocks will be receiving. TER: Clean balance sheets, steady cash flow and a depressed market price: would that sum it up? BP: Yes. The Canadian junior market has changed in the last 10 years markedly. It’s matured . . . → Read More: Triple-Digit Oil Investing and a Natural Gas Price Rebound: Bill Powers