Banner Year: Energy and Agriculture Sectors Excel and Should Remain Strong for the Foreseeable Future
LSGI Fund Manager Says Investment Opportunities In The Energy And Agricultural Sectors Are Exceptional
DUNCANVILLE, Texas, Nov. 9, 2010 /PRNewswire/ -- "This is one of the most exciting and potentially profitable times for energy and agricultural sector investors," says Joseph R. Dancy, Adjunct Professor of Law at Southern Methodist University and manager of the LSGI Venture Fund L.P.
Dancy noted in a recent interview with James Puplava of the Financial Sense Newshour that energy companies are perfecting enhanced recovery technologies and the ability to drill horizontal wells into shale formations that produce crude oil, generating impressive returns and making it an "exciting and potentially profitable time to be in the energy sector."
Due to commodity pricing Dancy notes the economics of developing crude oil fields is much more attractive than natural gas prospects in the short term, but longer term natural gas reserves will be an attractive and valuable asset. The new technology and shale plays "are a game changer" according to Dancy. He also notes merger, acquisition and transactional activity in the sector are approaching record levels.
Dancy also claims that biofuels will utilize 37% of the U.S. corn crop this year, making it a "banner year for farming". Biofuel demand has boosted corn prices, and economic surveys indicate farm equipment sales are increasing at an impressive pace while farmland values are rising as the farm economy expands.
LSGI issued reports November 1st on recent trends in the energy and agricultural sectors. Firms mentioned by LSGI in reports and commentary include agricultural equipment retailer Titan Machinery Inc. (Nasdaq: TITN), Tractor Supply Co. (Nasdaq: TSCO), Art's Way Manufacturing (Nasdaq: ARTW), oil and gas producers Evolution Petroleum Corporation (ASE: EPM) and Crimson Exploration Inc. (Nasdaq: CXPO), and Balchem Corporation (Nasdaq: BCPC). A link to the interview and reports are located at the firm's website www.LsgiFund.com.
About LSGI Advisors:
LSGI Advisors Inc. manages the LSGI Venture Fund L.P., a Texas limited partnership. For more information please visit: http://lsgifund.com/
Contacts: |
|
LSGI Advisors Inc. |
|
Joseph Dancy, 972-780-1805 |
|
214-263-5201 (cell) |
|
SOURCE LSGI Advisors Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

Newsrooms &
Influencers

Digital Media
Outlets

Journalists
Opted In
Share this article