Archive for the ‘Mexico’ Category

Pemex’s Losses Deepen Mexico’s Financial Woes

Via STRATFOR (subscription required), a short report on Pemex: Mexican President Andres Manuel Lopez Obrador’s failure to strengthen Pemex’s finances and shore up domestic oil production will exacerbate Mexico’s public finance woes from COVID-19.  On Aug. 24, Mexico’s state-owned energy giant Pemex reported its lowest level of monthly crude oil production since 1979, with the company’s […]

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Mexico’s Pemex: From Cash Cow To Resource Drain

Courtesy of The Financial Times, a look at Pemex: At the end of 2016, Pemex came up with a new strategy: it would focus exclusively on profitable activities. The plan, a no-brainer for most businesses, was a novelty for Mexico’s state oil company, a national champion created in 1938 after Mexico expropriated US and UK […]

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How the “Next 11” Countries Could Power the World Economy

Courtesy of Barron’s, an interesting look at the Next 11: On a recent holiday in Vietnam, Cambodia, and Laos, I couldn’t resist thinking about these countries’ economic potential and ongoing policy challenges. After all, in 2005 my Goldman Sachs colleagues and I had listed Vietnam as one of the Next Eleven, or N-11, all countries […]

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Myanmar’s Stock Exchange

Courtesy of the Wall Street Journal, an interesting look at Myanmar’s nascent stock exchange: At the Yangon Stock Exchange, or YSX as it’s known, a cable television crew turns up every day to provide a rundown of the day’s trading. On a recent Thursday, their report was, as usual, brief. The MYANPIX index closed unchanged—for the second day […]

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Mexico’s Crude Capitalism

Courtesy of Foreign Policy, a look at Mexico’s new model of Latin American energy policy: When, in 2013, Mexican President Enrique Peña Nieto announced a broad reform package that would end the government’s monopoly over the country’s oil sector, his argument was fairly straightforward: Foreign investment could be just the thing to reverse a decade […]

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Mexico’s Energy Industry Gushes With Investment Opportunity

Courtesy of The Financial Times, a look at Mexico’s hydrocarbons sector: Mexico’s government recently passed reforms repealing important limitations on oil and gas ownership introduced in 1938.While these reforms will reshape Mexico’s energy industry over the next few years, they will also bring about investment opportunities in the energy industry throughout the rest of Latin […]

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About This Blog
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.