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Yep!!!! Those shares available at .0185 are a bargain, IMO.
A quiet does not mean they cannot answer the phone. It means there is no discussion of any company business. Not answering the phone means there is no one there.
MMTIF....3.2 million shares bid at .0151 all day no sellers. Breakout coming, JMO!~!!
MMTIF....Buyers showing up for the first time in a long time. 3.2 million shares on bid today...No sellers....04 cents breakout coming soon. JMO!!!
MMTIF....At long last buyers are showing up with 3.2 million shares on the bid today. Will not be long now. 04 cents is a breakout.
My best advice to those under invested in MMTIF is to buy shares at the offer providing you can buy at .02 cents or less. The tone of the trading has taken a turn for the better. Share price has been under .04 cents for many months, but that will not last much longer. Over .04 cents is the signal of a new uptrend. And good news on product sales will propel share prices much higher. So buy now or miss out on a bargain. JMO!!!!
3.2 million shares on the bid [.0151] at the open. So far no sellers. We are finally making progress. HMMMM!!!!
No!!! Just weekend MB BS,imo.
Norway: Equinor announces new multi-billion agreements for safety and automation systems
16 Dec 2019
A new compensation format will help improve efficiency as Equinor awards new framework agreements for safety and automation systems with five suppliers.
The framework agreements cover operation of all the company’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway. They may also be used by the company’s international activities and for new development projects.
Total value of the five-year fixed period of agreement is estimated at just above NOK five billion. Three five-year options are additional, depending on the lifetime of each installation. The agreements cover more than 500 jobs.
Photo - see caption
An overview of the deals can be seen below:
Supplier
Installations
Kongsberg Maritime AS
Norne, Heidrun A and B, Asgard A and B, Kristin, K-lab Karsto, Statfjord A, B, C and Johan Sverdrup. Mariner has a separate agreement.
Siemens AS
Troll C, Oseberg field centre, Oseberg East, Oseberg South, Njord A + B, Visund and Snorre A and B.
ABB AS
Karsto, Kollsnes, Mongstad, Sture, Tjeldbergodden and Snohvit (all onshore plants).
Troll A, Oseberg C, Gullfaks A, B, C, Sleipner, Aasta Hansteen, Johan Castberg, Draupner, Grane, Gudrun, Heimdal and Veslefrikk. Peregrino has a separate agreement.
Honeywell AS
Valemon, Kvitebjorn and Troll B. Kalundborg has a separate agreement.
Emerson AS
Gina Krog and Martin Linge.
The control room on the Snorre A platform in the North Sea. (Photo: Even Kleppa - Woldcam / Equinor ASA)
'We are pleased to sign new agreements with all our suppliers of safety and control systems. The agreements include a new compensation format that rewards safe and effective deliveries, aiming for closer collaboration and smarter maintenance and modifications. If we jointly succeed in reducing our total costs, it will benefit everyone involved in the effort,' says Peggy Krantz-Underland, chief procurement officer (CPO).
The safety and automation systems on the installations are the brain of the plants. The agreements cover daily operation and ensure continuous maintenance, modifications and upgrading. Cyber security is also becoming an increasingly important part of the work scope.
'Safety and automation systems are central for us to be able to work safely on the NCS. They will help us meet our safety requirements and transform the NCS for continued high value creation and low emissions during the next decades. To achieve this, we need to strengthen our competitiveness and collaborate efficiently with our suppliers,' says Frode Abotnes, vice president for the technical multifield centre of operations technology in Development and Production Norway (DPN).
'We will spend the first two years of these agreements on establishing a standard for how to solve the tasks. The deliveries that are most effective and help reduce our costs will be rewarded. We want this to be a win-win situation for both us and the suppliers,' underlines Abotnes.
Original article link
Source: Equinor
LongMMTI....A good list of potential announcements. I believe the first 4 will have to happen before [5] any buyout talks. JMO!!!!
Fast approaching the time of the end of tax loss selling; so the answer is No to the Q of whether or not one should abstain from paying more than .02 cents. For now the shares are a buy up to the .04 cents breakout point. Buy them when they are available. JMO!!!
I love tax loss sellers....Yep! Added more shares today. Best advice is STILL buy below .02 cents/share. Place reasonable bids and let the sellers come to you.
Chevron sanctions Anchor project in deepwater U.S. Gulf of Mexico, sees initial investment at $5.7 billion
Today 8:44 AM ET (MarketWatch)Print
Chevron Corp. (CVX) said Thursday it has sanctioned the Anchor project in the deepwater U.S. Gulf of Mexico, marking the industry's first deepwater high-pressure development to achieve a final investment decision. The Anchor Field is located in the Green Canyon area about 140 miles off the coast of Louisiana, the company said in a statement. The initial investment required is about $5.7 billion, consisting of a seven-well subsea development and semi-submersible floating production unit. The project is expected to produce its first oil in 2024. The facility planned is expected to have capacity of 75,000 barrels of crude oil and 28 million cubic feet of natural gas a day. Chevron said Tuesday it expects after-tax charges between $10 billion and $11 billion in its fourth-quarter results, more than half related to natural-gas bets in Appalachia. The company held its 2020 capital spending plan at $20 billion for the third year, highlighting its "world-class" oil holdings in West Texas's Permian Basin, deepwater Gulf of Mexico, and in Kazakhstan. Shares were up 0.2% in premarket trade Thursday, and have gained 7% in 2019, while the S&P 500 has gained 25%.
-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
December 12, 2019 08:44 ET (13:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
KarinCA....I did as you suggested. Hope they check it out. Thank You!
t and 2.....Well excuse me. Trying to be helpful as this conference only happened last week and if management is a s bad as most posters think, management may not be aware of this non profit.
tand2....Here is news that someone should get to IPIX management:
IBD Updates
Contents:
Nonprofit Is on a Mission to Fund Research into a Cure for IBD
Nonprofit Is on a Mission to Fund Research into a Cure for IBD
Dec 09, 2019 09:00 am | Lisa Burks
cure for ibdCrohn’s and Colitis Awareness Week took place last week. Though Crohn’s disease and ulcerative colitis — collectively known as inflammatory bowel disease (IBD) — affect more than three million Americans, it can be hard to describe how debilitating this disease can be. Raising awareness is crucial to increase understanding and encourage fundraising efforts for research […]
The post Nonprofit Is on a Mission to Fund Research into a Cure for IBD appeared first on IBD News Today.
Now an important piece of the puzzle is this:
Maund has turned positive on OIL prices ...Bearish since July
http://www.321energy.com/editorials/maund/maund121219.html
Maund is the very best oil price analyst in the world. I make this statement because of hid record over the years.
(Bloomberg) -- Chevron Corp. expects to write down as much as $11 billion in the fourth quarter, more than half of it from its Appalachia natural gas assets after a slump in prices.
The U.S. oil major is considering the sale of its shale-gas holdings, along with its Kitimat liquefied natural gas project in Canada, according to a statement Tuesday. Chevron said it will keep its 2020 capital budget at $20 billion, the third consecutive year it hasn’t boosted spending.
The company’s actions come from a chief executive officer, Mike Wirth, whose mantra has been capital discipline. Wirth earlier this year earned $1 billion for the company by walking away from a bidding war for Anadarko Petroleum Corp. Chevron is the best performer among the five Western oil majors this year, but it has faced mounting costs at its Tengiz project in Kazakhstan.
Its shares dropped 0.7 percent to $117.05 at 4:49 p.m. in after-market trading in New York.
“The best use of our capital is investing in our most advantaged assets,” Wirth said in the statement. “With capital discipline and a conservative outlook comes the responsibility to make the tough choices necessary to deliver higher cash returns to our shareholders over the long term.”
Wirth has made U.S. shale, particularly in the Permian Basin, the centerpiece of his global strategy, as opposed to riskier ventures elsewhere. The writedown also encompasses the Big Foot oil platform in the U.S. Gulf of Mexico, which began producing last year.
U.S. natural gas futures prices have slumped this year amid a supply glut, and are now averaging $2.544 per million British thermal units. If it finishes the year at that level, it’ll be the lowest average price since 1999.
The move to write down Appalachian gas is likely to put pressure on other producers in the region to do the same. Newly built gas export terminals along the U.S. Gulf Coast have so far failed to absorb the excess supply.
Chevron held more than 750,000 net acres in the Marcellus and Utica shale formations, which stretch from West Virginia to Pennsylvania and Ohio, according to a 2017 fact sheet on its website.
cpac.....I'm on it as usual...I would suggest reading the Article before jumping to conclusions. In the Article which i will post, it says:
"Chevron said it will keep its 2020 capital budget at $20 billion, the third consecutive year it hasn’t boosted spending." My comment is Budget approved recently as usual with Chevron. So no change in budget. When times get tough, it is very important to spend some of the budget to lower costs and increase production efficiency.
Also in the Article: " “The best use of our capital is investing in our most advantaged assets,” Wirth said in the statement. “With capital discipline and a conservative outlook comes the responsibility to make the tough choices necessary to deliver higher cash returns to our shareholders over the long term.”
"Wirth {CEO] has made U.S. shale, particularly in the Permian Basin, the centerpiece of his global strategy, as opposed to riskier ventures elsewhere."
Net takeaway is the above means it is increasing likely Chevron will buy and use ARTRA 171 units.
Total Gets Libya Approval to Buy MOC Concession
Wednesday, December 11, 2019 Libya's state energy company approved French oil giant Total SA's acquisition of Marathon Oil Corp.'s assets in the North African country.
Added more today.....Thanks sellers....Why? Simply, Romgaz, Repsol, and Cheron all mentioned by name in the monthly update. This use of these companies names as potential buyers of MMTIF's products has to be approved by the same companies. JMO!!!!
MMTIF Monthly Report..... Another 6+ million shares issued and this:
Report on Business
1. Provide a general overview and discussion of the development of the Issuer’s business
and operations over the previous month. Where the Issuer was inactive disclose this
fact.
Romgaz continues its due diligence of the technology, as per the Letter of Intent
entered into with the Issuer, and has identified a manufacturer in Romania.
The Issuer is completing negotiations with Repsol of a final binding contract for
the RT Lube product and continues to engage with Chevron on the finalization of
commercialization for the ARTRA units.
The Company also continues to pursue discussions with potential strategic
partners for the use of its sensor technology and to promote the practical
advantages of this technology in multiple industry sectors.
https://webfiles.thecse.com/Form_7_-_Monthly_Progress_Report_2019-11.pdf?9oQZp3kk.x1SqMZSZzpC3cxsTTBpb9ZN
Six Oil Stocks To Survive The Shale Bust
Oilprice.com
Anes Alic
Oilprice.comDecember 5, 2019
These five companies had breakeven prices lower than $26 per barrel at lateral lengths of 7,560 to 10,500:
EOG Resources
Pioneer Natural Resources
Concho Resources
Exxon Mobil unit XTO Energy
Chevron
For the rest of the story go here:
https://finance.yahoo.com/news/six-oil-stocks-survive-shale-010000811.html
Nanotoday....Than you. Well thought out post.
Vela700 The efficient market is not so efficient as to properly value shares of a company that no one is watching or even aware of; so i am not buying your thesis. Q why did someone[s] want in so badly on 11/26/19 that the share price doubled at the high for that day? Wonder why the rush to buy? When news comes there will be plenty buyers,imo.
Still best course of action is to add shares when one can ....especially at 2 cents/share or lower. JMO!!!
LR....That is not what i said. And i am not taking the time to ONCE Again explain what the daily short sales reports mean...Look it up!!!!
LR....YEP! 87 plus 13 equals all of them.
cpac.....You seem to overlook the FACT that management put that statement in their July 10Q out on Sept,24th 2019. There is no way management would have said what the wrote UNLESS Chevron had approved it. Everything along these lines changed about 2 years ago when a NEW NDA was agreed upon by MMTIF and Chevron. and it was much more strict on what MMTIF could put in print. Enough said.
And i predict you will KNOW about it when it happens.....Just watch the share price.
LR....It means there were buyers and sellers of every share bought and sold...DUH. The daily short sales as a percentage of total volume have been explained many times on this MB.....So look it up!!!
Sept. 24 commentary in 10q......"Whereas we have previously reported that we anticipated commercial revenues from the sale of
this technology to Chevron in 2019, we now expect that Chevron’s plans on commercialization
will be finalized towards the end of calendar 2019. On that basis, we anticipate commercial sales
with Chevron to be realized commencing in calendar 2020."
Just a reminder.
Deal market still hot:
Gene-therapy stocks are the flavor of the day on Wall Street.
Shares of the gene-therapy firm Audentes Therapeutics more than doubled in premarket trading Tuesday on news that the Japanese drugmaker Astellas Pharma would buy the company for around $3 billion, paying $60 per share in cash. Audentes (ticker: BOLD) shares closed on Monday at $28.61.
Analysts said that they expected other gene-therapy companies to trade higher in response.
“There seems to be a demand for late-stage gene therapy companies, and big pharma is willing to pay high premium for such companies,” wrote Citi Research analyst Mohit Bansal in a note published late Tuesday night.
Here is an interesting example of a method to raise capital:
Dec. 2, 2019 6:06 am ET
- Kodiak Sells Capped Royalty Right on Global Net Sales of KSI-301 for $225 million
PALO ALTO, Calif., Dec. 2, 2019 /PRNewswire/ -- Kodiak Sciences Inc. (Nasdaq: KOD) today announced that the Company has entered into a funding agreement to sell a capped royalty right on global net sales of KSI-301 to Baker Bros. Advisors for $225 million. KSI-301 is Kodiak's investigational therapy being developed for the treatment of retinal vascular diseases including age-related macular degeneration and diabetic eye diseases.
Under the terms of the agreement, Baker Bros. Advisors (BBA) purchased a capped 4.5% royalty on net sales of the Company's anti-VEGF antibody biopolymer conjugate therapy known as KSI-301 to be paid upon marketing approval in exchange for $225,000,000 in committed development funding payable to the Company (the "funding amount").
SS....Maxim Group LLC shorted the shares leading up to the public offering of shares they handled a few years ago. They are basically crooks and any company that has to use them to raise capital will pay a heavy price as they do not do stabilizing transactions. They may still be short a half million shares as far as i know. i do think some here work for this firm. JMO!!!!
SS.....That certainly was not rated a Pro post by me as it was standard message board garabge on all MBs. There is a effective way to protect your shares from being loaned to short sellers [however that is not a real problem currently]. Move the shares from street name to client named accounts and then notify the brokerage firm that you do not give them approval to lend out your shares.
Added more today.....Thanks sellers!!!
CDEL has the dumbest sellers i have ever seen. For the last 12 months, they have had sellers who constantly have lowered the ask price when they had no competition for the position of being the lowest ask price. That is just dumb selling, but i am THANKFUL we have been able to take advantage of being able to pick up millions of shares at bargain prices.
My best advice is to buy while you can at prices per share that are just a fraction of the next 12 months cash flow per share. This tax loss selling will not last much longer. JMO!!!!
CDEL and ETRF still have sellers that are willing to give them up for around .02 cents. Take advantage of their generosity while you can. It is a bargain price, JMO.
Top Upstream Companies in Predictive Maintenance
by Andreas Exarheas|Rigzone Staff|Tuesday, November 26, 2019
email print
Top Upstream Companies in Predictive Maintenance
GlobalData has identified the 'leading' upstream companies that are adopting predictive maintenance technologies in the oil and gas industry.
As part of its latest report, GlobalData has identified the “leading” upstream companies that are adopting predictive maintenance technologies in the oil and gas industry.
The list is comprised of the following oil and gas businesses:
Royal Dutch Shell
ExxonMobil
BP
Chevron
Rosneft
Equinor
Repsol
Total
ConocoPhillips
GlobalData noted that Shell has been “at the forefront” of adopting predictive maintenance technologies to enhance equipment reliability and extend the overall operational life of its assets.
ExxonMobil uses predictive maintenance to evaluate its diverse portfolio of upstream, midstream and downstream assets and BP has deployed predictive maintenance technologies at its upstream operations, according to GlobalData.
The data and analytics company said Chevron has adopted a cloud-based data analytics approach for predictive equipment failure in its refinery operations and outlined that artificial intelligence-driven predictive maintenance has become a “mainstay” of Total’s global operations.
Predictive maintenance is a “fairly mature” concept and has been “widely deployed” in the oil and gas industry over the last twenty years, according to GlobalData. The data and analytics company added, however, that the “increasingly volatile” oil price environment is giving an “added lift” to the adoption of predictive maintenance technologies.
Predictive maintenance tools evaluate the condition of operational equipment and predict its maintenance requirements in order to achieve optimum performance and prevent malfunction, GlobalData highlighted.
To contact the author, email andreas.exarheas@rigzone.com
Yep! We added more today. Thanks sellers. As posted buying at these low prices will be very rewarding.