All Posts: Guides, Analyses & Rankings

Uranium Energy (UEC) — Stock Analysis 2026 [3.2]

Uranium Energy owns the largest licensed in-situ recovery (ISR) uranium platform in the United States — 12.1 Mlb/yr of processing capacity across Wyoming and South Texas — plus the high-grade Roughrider deposit in …

Last Update Oct 10, 2026 49 min read Uranium Energy Metals Company Analysis

Birchcliff Energy (BIR) — Stock Analysis 2026 [3.1]

Birchcliff Energy is an E&P producer in the natural-gas sector: a 100%-operated Alberta Montney company producing about 80,000 boe/d, with 946.0 mmboe of proved plus probable reserves — 32.4 years at its 2025 rate. The …

Last Update Oct 10, 2026 56 min read Natural Gas Oil and Gas Company Analysis

First Majestic Silver (AG) — Stock Analysis 2026 [2.4]

First Majestic Silver is the most silver-weighted of the large listed producers: four underground mines in Mexico that took 57% of their 2025 metal revenue from silver. The thesis in one line: a mid-sized, Mexico-only …

Last Update Oct 3, 2026 104 min read Silver Precious Metals Company Analysis

Tungsten — A Complete Market Guide (2026)

Tungsten is the metal that cuts every other metal. It has the highest melting point of any metal and, bonded to carbon as tungsten carbide, it becomes the working edge of nearly every drill bit, milling insert and mining …

Published Sep 27, 2026 71 min read Tungsten Base Metals Guide Commodity Guide

Cobalt — A Complete Market Guide (2026)

Cobalt is the metal nobody sets out to mine. Roughly 99% of it comes out of the ground as a by-product of copper and nickel, which means the cobalt market’s own price has almost no power to call forth new supply — and …

Published Sep 20, 2026 63 min read Cobalt Battery Metals Guide Commodity Guide

Alamos Gold (AGI) — Stock Analysis 2026 [4.1]

Alamos Gold is an intermediate gold producer with 15.9 million ounces of reserves booked at an $1,800 gold price, three growth projects with published economics and net cash. The thesis in one line: the best-documented …

Last Update Sep 24, 2026 102 min read Gold Precious Metals Company Analysis

Tourmaline Oil (TOU) — Stock Analysis 2026 [3.6]

Tourmaline Oil is Canada’s largest natural gas producer: 630,000 barrels of oil equivalent a day of guided 2026 output from two stacked-pay basins, and a marketing book that sells Alberta gas into Chicago, California, …

Last Update Sep 15, 2026 88 min read Natural Gas Oil and Gas Company Analysis

US Upstream Natural Gas Producers Compared (2026)

Five US producers pull most of the Lower 48’s gas out of two sedimentary basins, and they have made five different bets about how to get paid for it. EQT owns the pipe it ships through; Expand holds under ten years of …

Last Update Sep 17, 2026 66 min read Natural Gas Oil and Gas Sector Analysis

Strathcona Resources (SCR) — Stock Analysis 2026 [3.9]

Strathcona Resources is a Calgary-based, Waterous Energy Fund-controlled heavy oil producer that spent 2025 turning itself into something rare in Canadian energy: a pure-play, long-life thermal and heavy oil company, …

Last Update Sep 9, 2026 81 min read Oil and Gas Natural Gas Company Analysis

Cenovus Energy (CVE) — Stock Analysis 2026 [3.6]

Cenovus Energy spent 2025 doing two things at once: buying scale and shedding complexity. The thesis in one line: a US$7.1-billion, mostly-share acquisition of MEG Energy added more than 36.5 million barrels a year of …

Last Update Sep 9, 2026 75 min read Oil and Gas Natural Gas Company Analysis

Denison Mines (DML) — Stock Analysis 2026 [3.7]

Denison Mines is building Phoenix, an in-situ recovery uranium mine in Saskatchewan’s Athabasca Basin, on a 56.7 mlb reserve grading 11.7% U₃O₈. The thesis in one line: a licensed and funded build with a study all-in …

Last Update Oct 10, 2026 55 min read Uranium Energy Metals Company Analysis

Uranium Royalty Corp (UROY) — Stock Analysis 2026 [3.9]

Six weeks ago, Uranium Royalty Corp was a small, mostly pre-cash-flow uranium royalty company that made almost all of its money trading its own physical uranium stockpile. Then it wasn’t: on 27 July 2026 it closed the …

Last Update Sep 8, 2026 79 min read Uranium Energy Metals Company Analysis

Paladin Energy (PDN) — Stock Analysis 2026 [2.8]

Paladin Energy runs the Langer Heinrich uranium mine in Namibia, restarted and now producing at its guided rate, and owns Patterson Lake South, a high-grade Athabasca Basin deposit in Saskatchewan that needs US$1,226 …

Last Update Oct 10, 2026 49 min read Uranium Energy Metals Company Analysis

US Large-Cap Upstream Oil Producers Compared (2026)

Five of the largest independent oil producers in the United States, five different answers to how a barrel gets paid for. EOG carries an A-tier balance sheet and sixteen years of premium inventory, and has just bought …

Last Update Sep 10, 2026 57 min read Oil and Gas Natural Gas Sector Analysis

Ovintiv (OVV) — Stock Analysis 2026 [3.6]

Ovintiv spent two years reshaping itself from a sprawling, four-basin generalist into a focused, two-play North American oil producer. It bought oil-rich Montney acreage in Alberta from Paramount Resources and NuVista …

Last Update Sep 16, 2026 73 min read Oil and Gas Natural Gas Company Analysis

Occidental Petroleum (OXY) — Stock Analysis 2026 [3.7]

Occidental spent 2025 and the first half of 2026 doing the one thing the market had waited six years to see: cutting the Anadarko-era debt down to size. The US$9.7 billion sale of OxyChem to Berkshire Hathaway (closed 2 …

Last Update Sep 9, 2026 84 min read Oil and Gas Natural Gas Company Analysis

EOG Resources (EOG) — Stock Analysis 2026 [4.7]

For a quarter of a century EOG Resources has been the company other US shale operators are measured against — the disciplined, low-cost, technically-driven independent that pioneered the “premium” drilling hurdle and …

Last Update Sep 7, 2026 72 min read Oil and Gas Natural Gas Company Analysis

Diamondback Energy (FANG) — Stock Analysis 2026 [4.2]

Diamondback spent two years turning itself into the Permian’s last great consolidator. With the ~US$26 billion Endeavor Energy Resources merger in September 2024 and the ~US$4 billion Double Eagle bolt-on in April 2025, …

Last Update Sep 16, 2026 73 min read Oil and Gas Natural Gas Company Analysis

Devon Energy (DVN) — Stock Analysis 2026 [4.1]

Devon Energy has become one of the largest independents in US shale. Its all-stock merger of equals with Coterra Energy — closed in May 2026 — pairs Devon’s oil-rich, four-basin base with Coterra’s premier Marcellus gas …

Last Update Sep 16, 2026 78 min read Oil and Gas Natural Gas Company Analysis

Canadian Natural Resources (CNQ) — Stock Analysis 2026 [4.5]

Canadian Natural Resources is the largest independent oil and gas producer in Canada and one of the few companies anywhere that mines bitumen, drills conventional oil and gas, runs thermal steam projects, and upgrades …

Last Update Sep 7, 2026 86 min read Oil and Gas Natural Gas Company Analysis

Aris Mining (ARIS) — Stock Analysis 2026 [3.6]

Aris Mining runs Segovia, one of the highest-grade underground gold mines in the Americas — reserves at 10.70 g/t — while building Marmato’s 5,000-tpd plant and holding two large undeveloped projects behind them. The …

Last Update Oct 10, 2026 61 min read Gold Precious Metals Company Analysis

Antero Resources (AR) — Stock Analysis 2026 [3.7]

Antero Resources sells the richest barrel-equivalent in Appalachia and pays the highest toll to get it to market. In FY2025 it realised US$3.99 per thousand cubic feet equivalent — 45% more than its nearest dry-gas …

Last Update Sep 6, 2026 100 min read Natural Gas Oil and Gas Company Analysis

CNX Resources (CNX) — Stock Analysis 2026 [3.7]

CNX Resources is the quiet, unfashionable end of Appalachian gas: no dividend, 390 employees, almost no liquids, and a business built on owning four million acres of Pennsylvania, West Virginia, Ohio and Virginia …

Last Update Sep 6, 2026 97 min read Natural Gas Oil and Gas Company Analysis

Range Resources (RRC) — Stock Analysis 2026 [4.5]

Range Resources owns twenty-two years of proved reserves and is in no hurry to produce them. That single fact explains almost everything: why its free-cash-flow yield screens as the thinnest in the basin, why management …

Last Update Sep 9, 2026 91 min read Natural Gas Oil and Gas Company Analysis

Expand Energy (EXE) — Stock Analysis 2026 [4.2]

Expand Energy is the largest independent natural gas producer in the United States, and it is the company in this series where the valuation asks the reader to believe something specific and checkable: that Henry Hub …

Last Update Sep 6, 2026 88 min read Natural Gas Oil and Gas Company Analysis

Iron — A Complete Market Guide (2026)

Iron ore is the raw material of steel, and so of every building, bridge, ship, car and machine on Earth. By tonnage it dwarfs every other mined metal: about 2.6 billion tonnes of usable ore were mined in 2025, and more …

Published Sep 6, 2026 85 min read Iron Base Metals Guide Commodity Guide

Northern Star (NST) — Stock Analysis 2026 [3.6]

Northern Star is Australia’s largest gold miner, it owns the biggest gold mine in the country, and it has just spent three years and A$1.6 billion rebuilding that mine’s processing plant while missing its own guidance …

Last Update Sep 2, 2026 93 min read Gold Precious Metals Company Analysis

Whitecap Resources (WCP) — Stock Analysis 2026 [3.9]

Whitecap spent 2025 turning itself into one of Canada’s largest oil and gas producers in a single stroke, and Q2 2026 was the quarter that proved the deal out. The ~C$15 billion all-share combination with Veren (the …

Last Update Sep 2, 2026 72 min read Oil and Gas Natural Gas Company Analysis

EQT Corporation (EQT) — Stock Analysis 2026 [4.3]

EQT is the only large-scale natural gas producer in the United States that owns the pipes its own gas flows through, and in 2025 that stopped being a slogan and started showing up in the accounts: transportation and …

Last Update Sep 4, 2026 95 min read Natural Gas Oil and Gas Company Analysis

Platinum Group Metals — A Complete Market Guide (2026)

The platinum group metals market is the strangest corner of commodities: six precious metals rarer than gold, mined at scale in exactly two places on Earth, and consumed mostly by a single technology — the catalytic …

Published Aug 30, 2026 43 min read PGM Precious Metals Guide Commodity Guide

The Monetary System: Sovereign Debt Crises (2026)

The Monetary System series built up the machinery of government money — how a state spends and borrows (Part 1), how that debt is financed and priced in the bond market (Part 2), and how the central bank sets the rates …

Published Aug 29, 2026 85 min read Macro Sovereign Debt Guide Monetary System

Pilbara Minerals (PLS) — Stock Analysis 2026 [4.3]

Pilbara Minerals owns one of the two best hard-rock lithium mines on earth and roughly A$2.3 billion of net cash, and it has spent the downturn getting leaner rather than smaller. The thesis in one line: a tier-one, …

Last Update Aug 26, 2026 36 min read Lithium Battery Metals Company Analysis

Albemarle (ALB) — Stock Analysis 2026 [4.1]

Albemarle is the world’s largest lithium producer, and it owns the two best lithium assets on the planet — a half-share of Greenbushes and all of the Salar de Atacama. The thesis in one line: a genuinely tier-one lithium …

Last Update Aug 26, 2026 38 min read Lithium Battery Metals Company Analysis

The Monetary System, Part 3: Rates & Inflation (2026)

The first guide in this series explained why governments run deficits; the second, how they borrow. This one covers the institution that sits above both — the central bank. Since 2008, central banks have moved from quiet …

Published Aug 25, 2026 54 min read Macro Inflation Guide Monetary System

The Monetary System, Part 2: Bonds & Yields (2026)

The previous guide in this series ended with a government running a deficit. This one picks up the next question: how does it borrow the money? The answer is the government bond market — the largest, deepest financial …

Published Aug 25, 2026 42 min read Macro Bond Market Guide Monetary System

The Monetary System, Part 1: Spending & Debt (2026)

Every government does three things with money: it spends, it taxes, and it borrows the difference. Do that year after year and the borrowed differences pile into a debt — and across the rich world and China alike, that …

Published Aug 25, 2026 92 min read Macro Sovereign Debt Guide Monetary System

Mosaic (MOS) — Stock Analysis 2026 [3.4]

Mosaic is the world’s second-largest potash producer and one of its three largest phosphate producers — a pure-play crop-nutrient miner, without the retail arm that steadies its larger rival Nutrien. It trades at roughly …

Last Update Aug 25, 2026 34 min read Potash Agriculture Company Analysis

Nutrien (NTR) — Stock Analysis 2026 [4.2]

Nutrien is the largest crop-nutrient company in the world and, unusually, its own biggest customer’s supplier twice over: it mines about a fifth of the planet’s potash from six Saskatchewan mines and then sells crop …

Last Update Aug 25, 2026 35 min read Potash Agriculture Company Analysis

Coal — A Complete Market Guide (2026)

Coal is the fuel the modern world was built on — and the one it keeps declaring dead while burning more of it than ever. In 2025 the coal market set another all-time record: 8.85 billion tonnes consumed, more than every …

Published Aug 23, 2026 47 min read Coal Guide Commodity Guide

Vale (VALE) — Stock Analysis 2026 [3.8]

Vale is the world’s largest iron ore producer and one of its lowest-cost, sitting on the high-grade Carajás orebody in the Amazon — and, increasingly, a copper-growth story wrapped around that cash engine. The thesis in …

Last Update Aug 23, 2026 42 min read Iron Copper Base Metals Company Analysis

Glencore (GLEN) — Stock Analysis 2026 [3.5]

Glencore is the most unusual of the mining majors: half a diversified miner — copper, cobalt, zinc, nickel and one of the largest coal businesses on earth — and half a global commodity-trading house whose Marketing arm …

Last Update Aug 23, 2026 45 min read Copper Coal Base Metals Company Analysis

Chevron (CVX) — Stock Analysis 2026 [3.8]

Chevron is the second-largest US oil major and, after the hard-fought Hess acquisition finally closed in July 2025, a company whose growth engine looks a lot like ExxonMobil’s — a low-cost Permian position, a stake in …

Last Update Aug 23, 2026 45 min read Oil and Gas Natural Gas Company Analysis

ExxonMobil (XOM) — Stock Analysis 2026 [4.3]

ExxonMobil is the largest Western investor-owned oil company, and after a decade of portfolio surgery it is also the industry’s clearest growth story: two of the best assets discovered this century — the Permian shale …

Last Update Aug 23, 2026 49 min read Oil and Gas Natural Gas Company Analysis

Fresnillo (FRES) — Stock Analysis 2026 [4.2]

Fresnillo is the world’s largest primary silver producer and Mexico’s largest gold producer — eight low-cost mines strung across four Mexican silver-gold districts, 75%-owned by Grupo BAL’s Industrias Peñoles, sitting on …

Last Update Aug 20, 2026 32 min read Silver Precious Metals Company Analysis

NexGen Energy (NXE) — Stock Analysis 2026 [4.0]

This NexGen Energy (NXE) stock analysis covers a company building one mine: Rook I, home of the Arrow deposit in Saskatchewan’s Athabasca Basin, with 239.6 mlb of probable reserves at 2.37% U₃O₈ designed to produce 30 …

Last Update Aug 20, 2026 53 min read Uranium Energy Metals Company Analysis

Kazatomprom (KAP) — Stock Analysis 2026 [4.2]

Kazatomprom mines roughly one in every four pounds of uranium produced on Earth, and it does so more cheaply than anyone else alive. The thesis in one line: the national atomic company of Kazakhstan controls ~735 million …

Last Update Aug 20, 2026 39 min read Uranium Energy Metals Company Analysis

Top Silver Stocks by Production (2026)

The top silver stocks by production rank cleanly on one number every silver miner reports: attributable silver output in million ounces a year. This page ranks the five large silver-led producers Metal Pilot covers with …

Published Aug 19, 2026 12 min read Silver Precious Metals Ranking

Silver Mining Stocks Compared (2026)

Five silver mining stocks, five different ways to own the same bull market. One is the world’s largest primary silver miner — eight Mexican mines, net cash, and a record year behind it — yet priced as though silver and …

Last Update Aug 20, 2026 60 min read Silver Precious Metals Sector Analysis

Rio Tinto (RIO) — Stock Analysis 2026 [3.9]

Rio Tinto is the second-largest diversified miner on earth, and for most of its modern life a machine for turning Western Australian iron ore into dividends. The thesis in one line: a mature, tier-1 Pilbara iron ore …

Last Update Aug 19, 2026 37 min read Iron Copper Base Metals Company Analysis

Freeport-McMoRan (FCX) — Stock Analysis 2026 [4.1]

Freeport-McMoRan is the largest publicly-traded copper producer in the world outside the state giants, and the purest large-cap bet a US investor can take on the metal that electrifies. The thesis in one line: a …

Last Update Aug 19, 2026 33 min read Copper Gold Base Metals Company Analysis

Nickel — A Complete Market Guide (2026)

Nickel is the metal that makes stainless steel stainless — and the energy-dense heart of the nickel-rich batteries in long-range electric vehicles. No major metal market has been remade as fast: in ten years Indonesia …

Published Aug 16, 2026 89 min read Nickel Base Metals Guide Commodity Guide

Canadian-Listed Oil Producers Compared (2026)

Five Canadian-listed oil producers, and five different answers to the same question — how do you make money from a heavy-oil-tilted barrel? Strathcona buries the barrel in a 51-year thermal reserve life; Tamarack and …

Last Update Aug 14, 2026 45 min read Oil and Gas Sector Analysis

Parex Resources (PXT) — Stock Analysis 2026 [3.2]

Parex Resources is the cheapest name in this coverage and the one whose price is almost entirely a jurisdiction story. The thesis in one line: a ~16.4 mmboe/yr, Brent-linked Colombian oil producer with a deep 2P reserve …

Last Update Aug 14, 2026 39 min read Oil and Gas Company Analysis

Headwater Exploration (HWX) — Stock Analysis 2026 [4.2]

Headwater Exploration is the purest, best-run expression of the Clearwater heavy-oil play — a debt-free growth story built by the same management team that created and sold Raging River Exploration. The thesis in one …

Last Update Aug 14, 2026 37 min read Oil and Gas Company Analysis

Altius Minerals (ALS) — Stock Analysis 2026 [4.3]

Altius is the connoisseur’s royalty company: a diversified Newfoundland-based book of century-life Saskatchewan potash, Chapada copper, IOC iron ore and US renewable-energy royalties, run for decades by a founder-CEO …

Last Update Aug 14, 2026 34 min read Copper Base Metals Company Analysis

Baytex Energy (BTE) — Stock Analysis 2026 [3.7]

Baytex Energy is a Calgary intermediate that spent 2025 doing something rare in oil and gas — shrinking to get stronger. The thesis in one line: after selling its U.S. Eagle Ford business for US$2.2 billion and using the …

Last Update Aug 14, 2026 41 min read Oil and Gas Company Analysis

Tamarack Valley (TVE) — Stock Analysis 2026 [4.0]

Tamarack Valley Energy is a Calgary intermediate that spent the last three years turning itself into a pure-play on two of the highest-return oil plays in Western Canada — the Clearwater heavy-oil fairway and the Charlie …

Last Update Aug 14, 2026 40 min read Oil and Gas Company Analysis

LunR Royalties (LUNR) — Stock Analysis 2026 [3.7]

LunR arrived fully formed in late 2025: a Lundin-family royalty vehicle, spun out of NGEx Minerals and handed a life-of-mine silver stream on one of the best gold mines in the Americas, with two royalties over the …

Last Update Aug 14, 2026 34 min read Silver Precious Metals Company Analysis

Vox Royalty (VOXR) — Stock Analysis 2026 [3.5]

Vox spent 2025 doing what it has done since inception — quietly buying good, overlooked mining royalties at a discount and letting them come to production — and posted record results as they did. The thesis in one line: …

Last Update Aug 14, 2026 31 min read Gold Precious Metals Company Analysis

Elemental Royalty (ELE) — Stock Analysis 2026 [4.1]

Elemental spent 2025 doubling in size twice over: revenue up 128% as its royalties ramped, and a transformational merger with EMX Royalty that turned a small gold royalty into a genuine mid-tier. The thesis in one line: …

Last Update Aug 14, 2026 30 min read Gold Precious Metals Company Analysis

Deterra Royalties (DRR) — Stock Analysis 2026 [3.7]

Deterra spent FY2025 doing what it was built to do: collecting a royalty cheque on one of the world’s best iron-ore mines and paying most of it out to shareholders — while taking its first real step beyond that single …

Last Update Aug 14, 2026 31 min read Iron Base Metals Company Analysis

Metalla Royalty (MTA) — Stock Analysis 2026 [3.5]

Metalla spent 2025 crossing the line from a promise into a business: record revenue, its first-ever quarter of positive net income, and a portfolio “inflection” as royalties bought years ago began to pay — led by …

Last Update Aug 14, 2026 34 min read Gold Precious Metals Company Analysis

Gold Royalty (GROY) — Stock Analysis 2026 [3.4]

Gold Royalty spent 2025 finally turning a five-year acquisition spree into cash: record revenue, its first genuinely strong operating cash flow, and a debt-free balance sheet, as royalties and streams it had bought years …

Last Update Aug 14, 2026 36 min read Gold Precious Metals Company Analysis

Lowest-Cost US Gas Producers (2026)

The lowest-cost US gas producers are the ones that keep the most of every dollar of gas they sell — and the cheapest way to compare them on one number is total cash cost per mcfe: everything it costs to get a unit of gas …

Published Aug 14, 2026 11 min read Natural Gas Oil and Gas Ranking

Canadian Oil Sands Majors Compared (2026)

Four companies pull most of Canada’s oil out of the same Alberta bitumen and have made four different bets on how to get paid for it. Canadian Natural holds the longest reserve life and the cheapest barrel of asset in …

Last Update Aug 17, 2026 49 min read Oil and Gas Sector Analysis

Cameco (CCJ) — Stock Analysis 2026 [4.1]

Cameco mines the two highest-grade uranium orebodies in the world — Cigar Lake at 16.33% U₃O₈ and McArthur River at 6.48% — holds 433.0 Mlb of attributable reserves, carries net cash and owns 49% of Westinghouse. The …

Last Update Oct 10, 2026 58 min read Uranium Energy Metals Company Analysis

Precious Metals Royalty Companies Compared (2026)

Five precious-metals royalty and streaming companies, five different answers to the question of how to own an ounce you never dig up. One paid US$4.3 billion in a single February morning to double a silver stream on a …

Last Update Aug 12, 2026 58 min read Gold Precious Metals Sector Analysis

OR Royalties (OR) — Stock Analysis 2026 [4.0]

OR Royalties spent 2025 quietly compounding: a “triple crown” of record revenue, cash flow and earnings, a fully repaid credit facility that left it debt-free for the first time in a decade, and a steady stream of …

Last Update Aug 12, 2026 68 min read Gold Precious Metals Company Analysis

Triple Flag (TFPM) — Stock Analysis 2026 [4.4]

Triple Flag Precious Metals is a Toronto-based, asset-light royalty and streaming company that owns 242 gold- and silver-linked interests across nine countries and takes none of the operating or capital-cost risk of …

Last Update Aug 12, 2026 67 min read Gold Precious Metals Company Analysis

Wheaton Precious Metals (WPM) — Stock Analysis 2026 [4.5]

Wheaton Precious Metals is the largest listed precious-metals streaming company by portfolio breadth — 42 long-term agreements across 48 mining assets in 18 countries, anchored by a 75% gold stream on Vale’s giant Salobo …

Last Update Sep 9, 2026 76 min read Gold Precious Metals Company Analysis

Royal Gold (RGLD) — Stock Analysis 2026 [4.2]

Royal Gold spent 2025 becoming a different company. With the ~US$4.1 billion all-stock acquisition of Sandstorm Gold and Horizon Copper and a US$1.0 billion gold stream on First Quantum’s Kansanshi mine, it vaulted from …

Last Update Aug 12, 2026 72 min read Gold Precious Metals Company Analysis

Franco-Nevada (FNV) — Stock Analysis 2026 [4.6]

Franco-Nevada is the royalty and streaming sector’s longest-tenured franchise — founded in 1986, IPO’d in 2007, and now holding 430 royalty, stream and other interests (119 producing) spread across precious metals, other …

Last Update Aug 12, 2026 64 min read Gold Precious Metals Company Analysis

Best Gold Royalty Stocks by GEOs (2026)

The best gold royalty stocks are easiest to rank on one number the whole sector reports: attributable gold-equivalent ounces, or GEOs — the production a royalty or streaming company is entitled to without operating a …

Published Aug 12, 2026 11 min read Gold Precious Metals Ranking

Coeur Mining (CDE) — Stock Analysis 2026 [3.6]

Coeur Mining is a gold-silver-copper producer — archetype producer (mining), sector precious metals — that two all-stock deals turned into a seven-mine company across the United States, Mexico and Canada. The thesis in …

Last Update Oct 10, 2026 72 min read Gold Precious Metals Company Analysis

Imperial Oil (IMO) — Stock Analysis 2026 [4.1]

Imperial Oil is the Canadian arm of ExxonMobil dressed as a standalone stock: a fully integrated oil-sands producer and refiner that turns long-life bitumen into fuel and returns almost every spare dollar to …

Last Update Aug 11, 2026 41 min read Oil and Gas Company Analysis

Suncor Energy (SU) — Stock Analysis 2026 [3.9]

Suncor Energy is Canada’s original oil-sands company and its most integrated one: it mines and upgrades bitumen, pumps offshore crude off Newfoundland, runs five refineries and sells the fuel through 1,732 Petro-Canada …

Last Update Sep 24, 2026 76 min read Oil and Gas Company Analysis

BHP Group (BHP) — Stock Analysis 2026 [4.3]

BHP is the largest diversified miner on earth, and the clearest single bet on the two commodities that dig the future: the iron ore that builds and the copper that electrifies. The thesis in one line: a portfolio …

Last Update Aug 11, 2026 42 min read Iron Copper Base Metals Company Analysis

Rare Earths — A Complete Market Guide (2026)

Rare earths are the seventeen metals that make modern technology small, light and efficient — above all the neodymium magnets inside every EV motor, wind turbine, smartphone and guided missile. No commodity carries more …

Published Aug 9, 2026 51 min read Rare Earth Energy Metals Guide Commodity Guide

Endeavour Mining (EDV) — Stock Analysis 2026 [3.3]

Endeavour Mining is the largest gold producer focused entirely on West Africa — about 1.2 million ounces a year from Côte d’Ivoire, Senegal, Burkina Faso and Mali — and it is one of the cheapest gold stocks anywhere: …

Last Update Aug 8, 2026 30 min read Gold Precious Metals Company Analysis

Evolution Mining (EVN) — Stock Analysis 2026 [4.1]

Evolution Mining is one of the lowest-cost gold producers in the world, and the reason is copper: two of its five mines are copper-gold operations whose copper by-product credits push their gold all-in sustaining cost …

Last Update Aug 8, 2026 37 min read Gold Precious Metals Copper Company Analysis

Pan American Silver (PAAS) — Stock Analysis 2026 [3.2]

Pan American Silver holds the largest silver reserve in its peer group yet earned about 72% of its 2025 revenue from gold, across eleven mines in seven countries. The thesis in one line: a well-financed, widely spread …

Last Update Oct 1, 2026 113 min read Silver Precious Metals Company Analysis

Kinross Gold (KGC) — Stock Analysis 2026 [3.3]

Kinross Gold is a mid-scale senior producer — about 2 million ounces a year from mines in the United States, Brazil, Chile and Mauritania — that has quietly become one of the strongest balance sheets in the sector: net …

Last Update Aug 8, 2026 40 min read Gold Precious Metals Company Analysis

Gold Fields (GFI) — Stock Analysis 2026 [3.4]

Gold Fields is a mid-to-senior gold producer with nine mines on four continents, and it is the cheapest and highest-yielding of the large gold names — about 9.5× trailing earnings, 7.3× forward, and a 3.8% dividend …

Last Update Aug 8, 2026 40 min read Gold Precious Metals Company Analysis

Barrick Mining (ABX) — Stock Analysis 2026 [3.7]

Barrick Mining is the world’s third-largest gold producer and, increasingly, a serious copper company — 85 million ounces of gold reserves and roughly 40 billion pounds of copper, spread from Nevada to Mali to Pakistan. …

Last Update Aug 8, 2026 44 min read Gold Precious Metals Copper Company Analysis

Newmont (NEM) — Stock Analysis 2026 [4.0]

Newmont is the largest gold miner in the world, and after two years of digesting the US$16.8 billion Newcrest takeover it has spent 2025 doing the harder, quieter work: selling six mines, paying down debt, and turning a …

Last Update Aug 13, 2026 43 min read Gold Precious Metals Company Analysis

International Petroleum (IPCO) — Stock Analysis 2026 [3.9]

International Petroleum is a Lundin-family-controlled international oil and gas producer that has spent the last three years quietly building a transformational SAGD project while retiring more than a quarter of its own …

Last Update Aug 7, 2026 47 min read Oil and Gas Company Analysis

APA Corporation (APA) — Stock Analysis 2026 [3.0]

APA Corporation is the international value name of the US large-cap E&P group — the former Apache, remade as a leaner, cash-focused producer spanning the Permian Basin, Egypt’s Western Desert and a North Sea it is …

Last Update Aug 7, 2026 31 min read Oil and Gas Natural Gas Company Analysis

Agnico Eagle (AEM) — Stock Analysis 2026 [4.6]

Agnico Eagle is the world’s second-largest gold producer: 3.45 million ounces in 2025, 87% of it from seven Canadian mines, with 55.4 million ounces of reserves and more than $3 billion of net cash. The thesis in one …

Last Update Oct 1, 2026 103 min read Gold Precious Metals Company Analysis

Permian Resources (PR) — Stock Analysis 2026 [4.1]

In under four years Permian Resources turned a 2022 merger of two mid-cap operators into the second-largest pure-play in the Permian Basin and the largest pure-play in the Delaware — roughly 0.39 million barrels of oil …

Last Update Aug 7, 2026 33 min read Oil and Gas Natural Gas Company Analysis

Hecla Mining (HL) — Stock Analysis 2026 [3.5]

Hecla Mining is the largest silver producer in the United States and Canada, built around Greens Creek, an Alaskan mine whose by-products pay for its silver several times over. The thesis in one line: a debt-free, North …

Last Update Oct 2, 2026 101 min read Silver Precious Metals Company Analysis

GoldMining (GLDG) — Stock Analysis 2026 [3.9]

GoldMining Inc. is one of the most unusual structures in the gold sector: a debt-free holding company whose market value is almost entirely covered by the cash and listed securities on its balance sheet — meaning the …

Last Update Aug 6, 2026 37 min read Gold Precious Metals Company Analysis

NexGold Mining (NEXG) — Stock Analysis 2026 [3.8]

NexGold Mining is trying to do something only a handful of Canadian juniors manage: turn two studied, permitted gold projects into an operating mid-tier producer without giving the upside away first. The thesis in one …

Last Update Aug 6, 2026 42 min read Gold Precious Metals Company Analysis

OceanaGold (OGC) — Stock Analysis 2026 [3.6]

OceanaGold is a four-mine intermediate that spent the last three years fixing its balance sheet — from US$238 million of net debt at the end of 2021 to US$565 million of net cash today — and has just delivered the best …

Last Update Aug 6, 2026 38 min read Gold Precious Metals Company Analysis

Aya Gold & Silver (AYA) — Stock Analysis 2026 [3.8]

Aya Gold & Silver is the only TSX-listed pure-play silver producer, and in 2025 it tripled production and grew revenue five-fold as the expanded Zgounder mine in Morocco reached steady state — while, alongside it, the …

Last Update Aug 6, 2026 35 min read Silver Precious Metals Company Analysis

Lithium — A Complete Market Guide (2026)

Lithium is the light metal inside every lithium-ion battery, and that makes the lithium market the most leveraged bet on electrification in commodities. The world mined 290,000 tonnes of it in 2025, excluding withheld US …

Published Aug 2, 2026 87 min read Lithium Battery Metals Guide Commodity Guide

Topaz Energy (TPZ) — Stock Analysis 2026 [3.7]

Topaz Energy drills no wells and runs no plants, yet it takes 3% of the natural gas and 2.5% of the oil from the core lands of Tourmaline Oil, the producer that created it, collects fees on about 268 mmcf/d of net …

Last Update Oct 7, 2026 93 min read Oil and Gas Natural Gas Company Analysis

Athabasca Oil (ATH) — Stock Analysis 2026 [4.0]

Athabasca Oil is a Calgary-based thermal and light oil producer that has spent the past three years quietly running one of the more disciplined capital-return programs in Canadian energy: a fully diluted share count down …

Last Update Jul 31, 2026 34 min read Oil and Gas Company Analysis

Matador Resources (MTDR) — Stock Analysis 2026 [3.9]

Matador Resources is a Dallas-based, founder-led independent that has spent two decades converting a $270,000 friends-and-family stake into one of the Delaware Basin’s more capital-disciplined mid-cap drillers, with a …

Last Update Jul 31, 2026 36 min read Oil and Gas Natural Gas Company Analysis

NextDecade (NEXT) — Stock Analysis 2026 [3.5]

This NextDecade stock analysis covers a company that is not yet a company in the usual sense: it is a 264-million-share claim on a construction site. NextDecade Corporation (NASDAQ: NEXT) is building the five-train, ~30 …

Last Update Jul 31, 2026 51 min read Natural Gas Oil and Gas Company Analysis

Commodities Across the Cycle: A Macro Regime Guide (2026)

Most commodity writing treats each raw material in isolation, but investors hold a commodity inside a portfolio, during a particular economic weather system. The question that actually matters is which commodities work …

Published Jul 25, 2026 36 min read Macro Business Cycles Guide

Natural Gas — A Complete Market Guide (2026)

Natural gas is the swing fuel of the power grid — it heats homes, fires industry and, in much of the world, sets the price of the marginal megawatt-hour. Unlike oil it has no single world price: the natural gas market is …

Published Jul 19, 2026 88 min read Oil and Gas Natural Gas Guide Commodity Guide

Silver — A Complete Market Guide (2026)

Silver is the one metal that is both money and a factory input: in 2025 the world used 1,131 million ounces of it, and 58% went into industry — 187 million ounces into solar panels alone — while investors bought 218 …

Published Jul 12, 2026 93 min read Silver Precious Metals Guide Commodity Guide

Uranium — A Complete Market Guide (2026)

Uranium is the fuel of nuclear power, and almost nothing else: in 2024 the world’s 441 commercial reactors needed 64,584 tonnes of uranium, and mines supplied 61,924 tonnes — 96% of it, with stockpiles and recycled …

Published Jul 5, 2026 83 min read Uranium Energy Metals Guide Commodity Guide

Copper — A Complete Market Guide (2026)

Copper is the metal the modern economy is wired with: in 2025 the world used 28.2 million tonnes of refined copper, and 29% of the copper demand the IEA tracks already went into clean-energy uses such as grids, electric …

Published Jun 28, 2026 82 min read Copper Base Metals Guide Commodity Guide

Gold — A Complete Market Guide (2026)

Gold is the oldest monetary asset still trading every business day, and in 2025 the gold market did something unusual: the price averaged a record $3,442 an ounce — 44% above 2024 and, after inflation, 45% above its 1980 …

Published Jun 21, 2026 87 min read Gold Precious Metals Guide Commodity Guide

Oil — A Complete Market Guide (2026)

Oil is the single largest traded commodity on earth and still the backbone of the global energy system — and in the mid-2020s it is a market pulled in two directions at once, between OPEC+ quota discipline and record US …

Published Jun 14, 2026 115 min read Oil and Gas Guide Commodity Guide

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