ARD Price Target FY07: TBA
ARD EPS Estimate FY07: TBA

Thursday, January 05, 2006

Required Reading: Twilight in the Desert

Understand the Longterm Value of Owning ARD Shares.

The book Twilight in the desert is a must read for those who own shares of ARD. It provides the necessary insight into understanding what is really happening inside Saudi Arabia's petroleum industry and more specifically Saudi ARAMCO. I read the book and found it a very good read. It definitely gives you a deeper understanding of not only the history of where the world's largest oil producer has been but a good idea of what the future holds and why. The world's largest oil field is located within Saudi Arabia. It is amazing that this field has been in production for over 50 years! All is not well though as this book will explain. You won't be sorry for investing the time to read the book.

I know ARD is one of the "biggest little oil and gas producers" on the planet. However reading "Twilight in the Desert" gives me the desire to continue to add to my ARD position. I know longterm it will be the investment of a lifetime. Peak Oil will provide a bullmarket for oil and gas stocks that will be like no other. The bull run in oil and gas stocks will make the tech bull market of the late 1990's pale in comparison. Peak oil will provide an investment opportunity that will be far greater than even the internet.

To have the best returns you will want to own the best of the best. ARD certainly is without a doubt a company that I would consider the 'best of the best.'

Here is a link to a recent interview of Matthew Simmons that you may also find interesting.