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Seems to me they are doing just fine! $.08 EPS on the "K" confirms this! Facts, nothing but the facts!!
Yea!! The Gold Dust Bin!!! :)
Pure as the snow on Mt. Everest!!
Went down this road before, 6 months ago!! No wrong or right was established, they just issued a parking ticket and instead of going to court trying to fight it, paid the fine!! Some things are worth fighting are not worth the time, and this was the latter!!!
I see a number of Form 4's the CEO has filed buying over 1200 shares! Why is this laughable? This is the opposite of selling and gives me confidence things are moving! I can't find another Company on this Board where the Management is actually buying and not selling! For that matter not many Companies here that have positive earnings either like NASV has!
Exactly production is falling, when do you think the lack of investment will start to dwindle inventories?? 2-3 months from now? Smack dab in the middle of peak driving season !! Oil shortage by the end of year!!! Here it comes folks!
Old news that FINRA cleared them on a long time ago! That dog won't hunt!
Keep the faith!! Tesla is a very innovative Company, way undervalued.
As much as I want to buy, I can't as I have been made aware of non public information! Wish I had not been so nosey and minded my own business.... dang it!
NASV is going to surprise, keep the faith!
Oil prices have risen $10 this month! And with the lack of spending on development this year, this trend will continue! NASV if they are making more acquisitions as purported, in my opinion is a very smart move! While others are selling, it creates opportunities for those who are buying! Mark this post and read it six months from now!! Won't have to say I told you so!
Ex-BP CEO Tony Hayward says oil prices will rocket
Oil companies are warning there will be a price to pay -- a much higher price -- for all the cost cutting being done today to cope with the collapse in the crude market. Big projects intended to start pumping oil and natural gas 5 to 10 years from now are being canceled or put on hold as the price crash forced $114 billion in spending cuts on the industry.
Energy giants from Exxon Mobil Corp. to Royal Dutch Shell say they’re taking a much more cautious approach to approving projects that cost billions and take years to complete. That’s setting the table for a future oil-price shock when a growing world population drives higher demand, said oil executives and financiers at the IHS CeraWeek Energy Conference in Houston.
“What we decide today will have an effect on the future,” Patrick Pouyanne, chief executive officer of Total SA said Tuesday during the event. Postponing spending on mega-projects that usually deliver significant quantities of oil or gas “will have an impact. This could affect supply in three or four years.”
Demand has already begun to show signs of strength. The Paris-based International Energy Agency last week raised its forecast for 2015 demand, projecting that the world will consume 94.7 million barrels a day of crude in the fourth quarter, a potential increase of almost 1 million barrels over the same period in 2014.
Heard some news about a new acquisition soon! Stated it is 4-5 times the current size of NASV!!! If that is true, we are talking $90 Million in revenues! Can anyone confirm the info on this? Or is this a rumor??
Just as it did at this point on the chart in 2009, crude is set to rise
http://finance.yahoo.com/news/crude-oil-looks-2009-over-100000705.html
We see the financials from the 10K as very much a positive. One more acquisition will put NASV over the top! And I have a good feeling that is exactly what they are working on. For those of us who believe in this Company, our reward is not far off!!
Great job NASV! Positive news on earnings!
Annual Report Released 10K
http://biz.yahoo.com/e/150415/nasv10-k.html
U.S. on verge of energy independence
http://finance.yahoo.com/news/u-s--on-verge-of-energy-independence--peter-kenny-171324902.html
Rigs have to be removed, unless the owner of the rig wants to loose it! Remember folks, they are drilling on leased land (meaning they do not own it) and if the rig is not removed, they stand the chance of the owner claiming it was abandoned. Not a gamble any Producer would chance on an $8mm piece of equipment I would think. Also connects with the Press about the record breaking December for JD!!!! Connect the dots folks!!!
U.S. now becoming new World leader in Oil Supply Chain
One of the first ways to cut costs is to shut down exploratory operations and shift equipment to lower-cost production. The falling price of energy, meanwhile, obviously hurts revenue, but it also saves money on the back end, since fracking tends to require lots of diesel fuel. Drilling firms are also renegotiating contracts with insurers, oil-services companies and other vendors, driving down those costs. And they’re focusing more on technology breakthroughs that could push costs even lower.
But it now seems the much-anticipated fracking meltdown — which would certainly please the Saudis and other OPEC members — may never happen. “As prices dropped, there were quite a few smaller companies that many people thought would just fall over and die,” says Rice of Wood Mackenzie. “That has just not been the case.” Most drillers that need financing have been able to get it. The ability to slash costs is one reason lenders have doubled down on many companies.
The oil bust, meanwhile, is making U.S. drillers more competitive. Cutting costs by 30% lowers the break-even price for a driller by about $15 per barrel. Many drillers can now break even with prices for West Texas crude below $60 a barrel , and some can do so below $50. Those break-even points will continue to come down as long as prices remain low, keeping the pressure on.
http://finance.yahoo.com/news/how-american-frackers-plan-to-beat-opec-143601751.html
Think I will do my part and get in the game!!! was sitting on the sidelines but believe now is the time!
I think we are going to have good news on earnings next week, This will be a game changer! Basement bargain prices down here folks!
Frustrated I called the Office and pressed the option for the CEO and it apparently directed me to Chance's cell phone. He was traveling on business as I caught him at an airport in Texas. He told me the Company was done with the Audit and the delay was with the Auditors who were running behind a few days on getting it submitted. Said it should be out soon! Did not say if there were positive or negative earnings when I asked but from his voice am thinking it is good, said I would have to wait and see.
Good question!! What's the hold up?
Still no news? You know any forward progress will spring board NASV, just need to get it done, whatever it is they are working on. :(
With $22mm in revenues, why is this trading at $1.50 per share with 4mm outstanding?? What they should do is let it drop to $.02 and buy back all the shares and do a new IPO! Makes since! Comments anyone?
It has been pretty boring here, and frustrating with no news. Are you saying you have information and if so when can we expect to hear something? Or can't you talk about it? I have faith something is going to happen, it is the "when" part that is driving me crazy!
I ready to be impressed! And I have a good feeling I will be! I have allot of shares as well, don't need to buy any more. Just waiting to see if my hunch is right!
I am not going anywhere, just not buying!
Have to believe the sudden drop in Oil prices has derailed some plans NASV has had, but have owned this stock for over a year now and they always seem to adapt and overcome obstacles. Have to believe this is a product of changing course in mid stream. I think time will tell, we shall see. I am in so deep now, with the volume, would take me a year to get out anyway! So trusting my instincts that something is cookin in the kitchen!
Oil prices surge as Fed stays cautious on rates
http://news.yahoo.com/oil-prices-extend-losses-003412244.html
CEO buying more shares! That's a good sign!! Not sure I will until we get some news here but that is encouraging!
SAUDI OIL ADVISER: Forget the conspiracy theories — here's the real reason OPEC didn't cut oil production! Yea right!
Read more: http://uk.businessinsider.com/a-saudi-oil-advisor-thinks-the-oil-price-is-going-higher-2015-3#ixzz3UZnsYzBx
Go UAPC!!
Better Buy Now: Linn Energy LLC vs. BreitBurn Energy Partners L.P.
http://www.fool.com/investing/general/2015/03/16/better-buy-now-linn-energy-llc-or-breitburn-energy.aspx
Better Buy Now: Linn Energy LLC vs. BreitBurn Energy Partners L.P.
http://www.fool.com/investing/general/2015/03/16/better-buy-now-linn-energy-llc-or-breitburn-energy.aspx
Better Buy Now: Linn Energy LLC vs. BreitBurn Energy Partners L.P.
http://www.fool.com/investing/general/2015/03/16/better-buy-now-linn-energy-llc-or-breitburn-energy.aspx
Better Buy Now: Linn Energy LLC vs. BreitBurn Energy Partners L.P.
http://www.fool.com/investing/general/2015/03/16/better-buy-now-linn-energy-llc-or-breitburn-energy.aspx
Earnings out soon, something is brewing I can feel it.
CEO Bob Chance buying shares in the open market!!! Don't see that every day! Form 4 filing Friday!
Cramer has been waiting with bated breath for some sort of collapse of oil. With all these talks of a $48 oil price causing oil companies to go bust, where the heck is the collapse?
Since the collapse of oil prices, 25 "troubled" oil companies have found a way to raise money through the stock market. In fact, these companies have come to market with a stunning $8.3 billion to help get them out of debt and fund drilling.
But that's not only it. Cramer sees three key life preserving factors in the oil patch that has kept it afloat:
No. 1 Banks haven't been requiring a ton of equity to lend money to the oil players.
No. 2 Drilling budgets have been cut dramatically, but so has the cost of drilling. It has been reduced to $20,000 a day from $29,000.
No. 3 The amount of time to drill a well has also been cut substantially. Thanks to new inventions in technology, and drilling companies selecting only their easiest properties to drill, what used to take 25 days now only eight.
"Put it all together, and I'm making a bold call here. If oil stays even at these reduced levels, I'm calling this the crash that never happened," Cramer said.
At this point there is so much capital sloshing around in the oil patch, Cramer thinks that the state of the oil patch is certainly far from disaster. And yes, he would rather still buy restaurant and supermarket stocks right now, but investors can breathe easy knowing that the end of the oil world is not here.
Oil Price Crash a Blessing in Disguise for US Shale
http://finance.yahoo.com/news/oil-price-crash-blessing-disguise-114527737.html