As a regular keynote speaker at the World Outlook Financial Conference in Vancouver, and at the urging of host Michael Campbell, Schachter polled the audience of 1,300 to see how many people would become subscribers if he should start a newsletter for individual investors and was overwhelmed by the response. “It was clear that these investors were hungry for independent information and since real Energy Bull Markets are so rare,” he said, ‘I wanted these investors to be prepared in time for the next one.” So, he left his fifteen-year position as an Independent Oil & Gas Analyst for Toronto brokerage firm, Maison Placements, where he provided detailed analysis for their Institutional Clients, to start the newsletter.
“Active individual investors have no where else to go to hear the kind of information we are able to put together,” he said, “so we launched the Schachter Energy Report in April of 2017.” Schachter is in regular contact with executives of all the companies he covers and others who are on his ‘Watch List.’
While he acknowledges some of the larger, more well-known companies like Suncor and CNQ are doing very well, he is focussed on companies where the 3-5 year returns would be dramatically higher. “While I believe that Suncor and CNQ will go up in the next cycle, they are not going to be worth five or ten times what they are today,” Schachter predicts. “Some of the companies we cover easily fit that description.”
He believes strongly that one more drop in the price of crude oil this fall will signal the final bottom by breaching the US$60/b level. “We have an amazing opportunity coming and my goal is to inform our subscribers about those companies I believe have made the hard decisions during the past difficult years, positioning themselves for significant upside when the new Energy Bull Market starts.”
That’s why Schachter is bringing together 23 CEOs of energy and energy service companies to the “Catch the Energy” conference September 29th in Calgary. “Outside of attending 23 Annual General Meetings, this is a unique opportunity for individual investors to have access to so many companies and hear their compelling stories,” he explained. “Attendees can interact directly with company executives and determine for themselves which investment ideas best fit their needs.”