Been a long time reader of WSO and I have to say it has been helpful. I thought I would give way to those wanting to explore corporate <span class='keyword_link'><a href="http://www.wallstreetoasis.com/guide/breaking-into-private-equity-and-vc">venture...
Given that we have built up relationships with hundreds of companies and finance recruiters, we thought instead of just a simple job board (which you can find <a href="http://www.wallstreetoasis.com/finance-jobs">right here</a>), we would also create a WSO Applicant...
Long time user here, been wanting to do a AMA for a while but always worried about identity issues. Finally took the time to start a dummy account to post. Don't waste SB since it's a dummy account.
<strong><span class='keyword_link'><a href="http://wallstreetprep.go2cloud.org/aff_c?offer_id=2&aff_id=1000&source=InText" rel="nofollow" target="_blank">Financial modeling</a></span></strong> is a skill that any...
<strong>Project description: Finance / Wall Street / Business Blogger</strong>
We are looking for several talented writers (professionals in the finance industry preferred) to blog for WallStreetOasis. There is a list of suggested topics you can choose from but if there is an area...
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On July 15, Janet Yellen made news with her semiannual policy testimony to Congress, with her views on interest rates, bubbles and the debt market. After making clear her intentions to continue with quantitative easing (<span...
My mind has been tossed around the past couple of days about this and found no clear answer. What is the real difference between <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-asset-management-AM">Asset...
I will preface this by saying yes I've read TONS of threads on this question. I am hoping for some more advice for my specific situation from the WSO community.
I'm currently a Big 4 auditor in a major market and want to make the switch into Investment Banking like many Big 4 people...
I'm really interested in pursuing a physics or computer science degree, but I'm not sure if that's going to hold up against economics majors. Are there majors with clear advantages when it comes to getting an internship...
With the 100th Anniversary of World War I on us, I thought it'd be interesting to post a contrarian view on the origins of the war.
I'm sure a number of people on here are familiar with Niall Ferguson and some of his works such as "The Ascent of Money" and...
The takeaways are in bold
<strong>If you get accepted to multiple top 10-15 schools, take “prestige” out of the equation.</strong>
I always tell the story of my good friend who passed up a full ride at Columbia to pay full freight at Wharton due to rankings. She ended up...
Looking to do a potential lateral to do IR/BD work for an upper mm fund (think $750MM to $2B AUM).
Had a recruiter tell me someone with <3 years of FT w/e can command $70 to $80K base with $20 to $30K bonus. Which is in line with my ~$100k all in comp by YE at my current gig (won't...
Hi. I'm not sure the I-banking bullpen is the right place for my topic, but it looks as it's more active than the Hedge funhouse.
I've been curious about something since quite a long time know, what is it like to work as a hedge fund analyst (or PM) at a <span...
I know many people here have experience doing their own investments, so I was hoping to get some info. How much leverage would you use for say, the buying and converting of a property into 3-6 units. I'm thinking student housing, or something around those lines. I live in the midatlantic and...
Has anyone ever heard of this firm before? I know its a law firm, but I have a final round interview them for a finance position.
How prestigious are they? Is it possible to start out there and transition to an IB?
The position title is <span class='keyword_link'><a...
Hi everyone, current intern at a tier 2 consulting firm doing analytics & development type work. However, the firm mainly consults the <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-the-back-office-BO">back...
What's everyones take on the eCig market and related companies? Especially with companies like mCig and their subsidiary VitaCig. I made a small investment in MCIG today b/c I was introduced to their VitaCig product this past Saturday and I loved it. I'm not a smoker, but this thing was...
The future of oil exploration lies in new technology--from massive data-processing supercomputers to 4D seismic to early-phase airborne spy technology that can pinpoint prospective reservoirs.
Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at “peak oil” concerns. Hydraulic fracturing has caught mainstream attention, other high-tech developments in exploration and discovery have kept this ball rolling.
Oil majors are second only to the US Defense Department in terms of the use of supercomputing systems, which find sweet spots for drilling based on analog geology. These supercomputing systems analyze vast amounts of seismic imaging data collected by geologists using sound waves.
The Energy Information Agency (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70 billion cubic feet a day and is expected to reach over 100 billion cubic feet per day by 2040. The trend is likely to continue without hitting a geologic “peak”, and along with this trend will come new marketing opportunities for America.
In an exclusive interview with Oilprice.com, EIA Administrator Adam Sieminski discusses:
What’s at stake in lifting the US crude export ban
Whether lifting the ban is inevitable
Why energy-related CO2 emissions will likely climb this year
What we can expect from US coal output through 2014
Why US natural gas production will continue to grow strongly
Kenya will start pumping its first commercial oil next year and begin exporting in 2016, but this is just the opening salvo: new discoveries in recent months and fast-track new well development make Kenya the darling of East Africa from an investor’s perspective.
Kenya is set to soar past Uganda, which discovered oil much earlier, but is now having a hard time getting it out of the ground and into the market. And the next five months should bring not only news of the first commercial output for Kenya, but new commercial prospects coming online.
Technology, technology, and more technology—this is what has driven the American oil and gas boom starting in the Bakken and now being played out in the Gulf of Mexico revival, and new advances are coming online constantly. It’s enough to rival the Saudis, if the Kingdom allows it to happen. Along with this boom come both promise and fear and a fast-paced regulatory environment that still needs to find the proper balance.
In an exclusive interview with Oilprice.com, Chris Faulkner, CEO of Breitling Energy Companies—a key player in Bakken with a penchant for leading the new technology charge—discusses:
• How Bakken has turned the US into an economic powerhouse
• What the next milestone is for Three Forks
• What Wall Street thinks of the key Bakken companies
Until recently Tunisia was considered to be a minor league and relatively underexplored venue in Africa’s rapidly expanding oil & gas scene. This situation has quickly changed with new bid rounds and forced relinquishments creating an opportunity for new companies to come in.
Major American E & P companies like Shell have jumped at the opportunity to acquire ground that had been dominated for decades with little to no work conducted, mostly by European State oil & gas companies in this former French protectorate. For the first time major spending has been committed to test Tunisian basins which are arguably equally prolific as those in neighbouring environments with more work performed, such as Libya.
The oil and gas game can be a tricky one for junior companies, but if played right the pay-off can be massive. At a time when juniors are risking a lot in volatile venues in the Middle East and Africa, Canada’s Aroway Energy (ARW) is planting its feet firmly in homeland soil and in conventional plays.
Why? Because for the smaller juniors this is not a long-term game and blowing all your capital to drill a single unconventional well in a risky frontier won’t pay off. Canada still has plenty to offer for juniors, even though you have to kiss plenty of frogs to find the prince. The end game, after all, is merger and acquisition.
In an exclusive interview with Oilprice.com, Aroway CEO Chris Cooper discusses:
• How to make or break a junior oil and gas company
Risk perception isn’t what it used to be. Ask the swelling ranks of Canadian junior oil and gas companies braving high-risk venues like Sudan, Iraq and even Yemen.
Technological advances and the shale revolution are making risk easier to digest. And political risk is no longer limited to developing countries. Plus, risk is increasingly relative: Ask anyone who’s been caught up in the politics of the Keystone pipeline.
Sudan is a case in point. While instability and a very fragile peace with South Sudan remains a threat, there is also growing optimism. The philosophy is this: Sudan and South Sudan will come to terms for the sake of economic growth, and oil will get them there. The prize: An estimated 5 billion barrels of oil.
Quite an unbelievable news story - makes you wonder just how fifficult the oil markets are to manipulate:
On June the 30th 2009 oil mysteriously jumped by more than $1.50 a barrel during the night, to reach its highest price in eight months, the kind of swing that is caused by a major geopolitical event.
The amazing, true cause of this price spike has now been released by a Financial Services Authority investigation (FSA).
Although not authorised to invest company cash in trades Steve Perkins, a long standing, senior broker at PVM Oil Futures, had managed to spend $520 million on oil futures contracts throughout the night.
Gazprom has Europe’s natural gas market in a stranglehold and Europe is attempting to fight back, first with a raid last year on the Russian giant’s offices and then with a probe launched earlier this week against its allegedly illicit efforts to control the EU’s natural gas supplies.
The bottom line is that the same natural gas revolution in the US, which was enabled by hydraulic fracturing (fracking), is now threatening to loosen Gazprom’s noose on the EU, and Gazprom simply won’t have it.
To head off a potential natural gas revolution in the EU, Gazprom is pulling out all the stops, and EU officials say that the company has been illegally throwing obstacles in the way of European gas diversification.