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U making $$ today?
thanks a lot D! -e-
he is on my list..........i will call and let u know
cool...any words from Kron yet? ;)
Weird trading here brother.........I will check and get back to u
ouch....Any updates soon from the company December?
U.S. Natural Gas Markets
Prices. The Henry Hub natural gas price is projected to average $7.58 per thousand cubic feet (mcf) in 2007 compared with $7.10 in the previous Outlook (Henry Hub Natural Gas Price). For 2008, the Henry Hub spot price is projected to average $7.86 per mcf.
Production. Domestic dry natural gas production is expected to increase by 2.4 percent in 2007, a slight increase from production growth in 2006, as drilling for natural gas continues at historically high levels. Net imports of natural gas in 2007 are projected to drop for the second consecutive year, though a smaller decline is expected in 2007 (2.0 percent) than was observed in 2006 (5.0 percent). Pipeline imports from Canada are expected to fall by about 180 billion cubic feet (bcf) in 2007. However, EIA still expects total liquefied natural gas (LNG) imports to increase from their 2006 level of 580 bcf to 770 bcf in 2007. LNG import projections remain strong for 2008 as well, expanding by 39 percent and eclipsing the 1 trillion-cubic-foot mark.
Inventories. On February 23, 2007, working gas in storage stood at an estimated 1,733 bcf. Due to cold weather, a record amount of natural gas was withdrawn from storage in February. As a result, after 13 consecutive months of year-over-year increases, February stocks dropped below the year-ago level. Stocks are 263 bcf below the level at this time last year, but are still 179 bcf above the 5-year average (U.S. Working Natural Gas in Storage).
Consumption. A return to normal temperatures in 2007 is expected to drive strong year-over-year growth in residential consumption of natural gas. A first quarter comparison of EIA’s estimated residential consumption shows a 14-percent increase from 2006 to 2007. Taking the year as a whole, residential consumption is expected to increase 10.8 percent in 2007. Similarly, commercial and industrial sector consumption are expected to increase by 6.3 and 1.9 percent, respectively, in 2007 because of a return to normal weather, lower commercial prices, and growing industrial output. All three sectors are expected to show small changes in 2008: residential consumption staying essentially flat and commercial and industrial consumption increasing by 0.6 and 1.5 percent, respectively. Total natural gas consumption growth for 2007 and 2008 is projected to increase by 2.9 and 1.8 percent, respectively, after falling by 1.7 percent in 2006 (Total U.S. Natural Gas Consumption Growth).
i am the missing link hahahahahahhaha
think you missed the link
Good read...........
soon enough this will come together..........
not much in the float so bored hands probably want to move to something more active
Crazy drop..........I think we will see a very hard bounce though.....nothing has changes at the company............
howitzers........... :)
big bullets or small bullets?
sloppy here..........i will wait......nursing bullet holes from dmtn
great time to accumulate, still under the radar
A little trading today.................
Company Snapshot
Western Gas Resources, Inc. engages in the exploration, development, production, gathering, processes, treatment, transportation, and marketing of natural gas and natural gas liquids (NGLs). The company operates in four segments: Gathering, Processing and Treating; Exploration and Production; Transportation; and Marketing. The Gathering, Processing and Treating segment owns and operates natural gas gathering, processing, and treating facilities in primary gas-producing basins in the Rocky Mountain, Mid-Continent, and west Texas regions of the United States. The Exploration and Production segment explores for, develop, and produce natural gas reserves primarily located in the Powder River, Greater Green River, San Juan, and the Sand Wash Basins. The Transportation segment reflects the operations of the company's MIGC, Inc. and MGTC, Inc. pipelines. The Transportation segment transports residue gas for third parties. The Marketing segment buys and sells natural gas and NGLs in the United States and Canada. As of December 31, 2005, the company had proved reserves of approximately 921 billion cubic feet equivalent. Western Gas Resources, Inc. was founded in 1971 and is headquartered in Denver, Colorado.
news will make this baby move, low float, low coverage, not many eyes on the story.
News coming ...............
let's get LPET on stockcharts guys ;)
http://stockcharts.com/help/doku.php?id=support:feedback:symbol_request
people are starting to nibble, low float big upside
Another trade @ .60
U r are a wise man......go GRASSHOPPER :)
yea i bought @ ask lol
Nice.........up 25% today :)
FP Trading Desk ( interesting article)
Higher natural gas forecast leads to upward EPS revisions for energy companies
Merrill Lynch has hiked its natural gas price forecast (Henry Hub, NYMEX) to US$7.50 mmbtu from US$6.90, but it still remains below consensus estimates, analyst Andrew Fairbanks said in a note to clients.
The firm’s 2008 forecast moves to US$7.25 from US$6.90, roughly 6% below analyst estimates, he added.
As a result of these upward revisions, many of the Canadian integrated oil companies and oil and gas trusts Mr. Fairbanks follows are getting higher earnings per share estimates (EPS) for the first quarter of 2007.
Some of these names include Petro-Canada, Husky Energy, Enerplus Resources Fund, Pengrowth Energy Trust, PrimeWest Energy Trust and Penn West Energy Trust.
“Although we are now more bullish than the Street on the prospects for natural gas prices over the next two years, and think the opportunities for upside EPS surprises are better for natural gas-leveraged names than anytime in the last 18 months, we are retaining our largely neutral stance on the oil-levered Canadian Integrateds and bearish outlook for most trusts,” Mr. Fairbanks said, adding that higher gas prices equate to higher costs for oilsands operators.
Meanwhile, for trusts, higher gas prices can lead to more earnings and cash flow, but this will not be sufficient to prevent distribution cuts caused by high capital spending in his view.
For the integrateds, higher natural gas expectations has led Merrill Lynch to boost EPS estimates by roughly 10¢ per share on average this year
This one looks like a no brainer..
From form 10-QSB (http://www.secinfo.com/dV768.uq.htm)
A/S 50 million shares
O/S 14 million shares
Float ~10 million shares
I like this part a lot..
"At December 31, 2006 we had an aggregate of 2,128,470 outstanding warrants from these offerings with exercise prices ranging from $1.00 to $2.00. "
with their new partnership with Downshire Capital we are gonna start hearing more from LPET IMHO ;)
Lions Petroleum Inc. Signs Consulting Agreement with Downshire Capital Inc.
2007-03-20 16:12 ET - News Release
DENVER -- (Business Wire)
Lions Petroleum Inc. (The Company) (OTCBB:LPET) announced today they have signed a business consulting agreement with Downshire Capital Inc. Downshire will advise the Company with respect to potential funding opportunities, acquisition targets and corporate communications. Downshire has agreed to introduce the Company to brokerage firms, securities dealers and other persons who may assist the Company in its finance and business affairs.
ABOUT LIONS
The Company is a Delaware Corporation that has oil and gas leases in the Williston Basin in South Saskatchewan.
The Company has an interest in two producing wells in Lavaca County, Texas with an option to participate in two additional undrilled wells.
The Company is currently seeking additional projects throughout North America.
SAFE HARBOR
The information provided in this Press Release does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of Lions Petroleum Inc. There are substantial risks associated with investing in development stage energy exploration companies.
No Securities Commission or similar authority has in any way approved any of the information contained in this press release.
Contacts:
Lions Petroleum Inc.
Gordon Wiltse, CFO
1-866-669-1533 (toll free North America)
gwiltse@lionspetroleum.com
Source: Lions Petroleum Inc.
.48 on 250 shares.........LOL
tks........we have potential here which should be realized very soon.......
It's coming..........very soon.........
Be nice to hear somethin out of these guys soon.
.48X .60........tick tock
Slow day today
shhhhhh, no one seems to know about this one yet, want to pick up some more
Finally.........
looking good
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