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Yep we're still behind the curve, hope to see
that change this fall.
ENSV just broke $4 with $145 million market cap
HIIT needs to uplist and do the same
JMO
Alibaba IPO could distort markets
as folks look to make that trade
LOCO great Long play IMO
maybe today likely tomorrow
Bloomberg: Islamic State bombs Iraq refinery
http://www.bloomberg.com/news/2014-09-13/islamic-state-bombs-iraq-oil-refinery-tank-catches-fire.html
This is inevitable and as Saudies and Friends come on
line my gut tells me we will see supply threatened and come off line.
The Islamic State knows we need to cut off their money (oil)
so they have pre-empted or parties behind the scenes have made it
appear so.
The Middle East is a powder keg, US is the the place to produce.
Water drives The Frac!
Stay tuned
Lookin to take out $4?
I like low floaters + growth
will add as she grows
Picked some up at $34 "Good for you" space exploding while
Mickie D's is imploding Lots of room for LOCO to grow
LOCO interesting long play
Watch ENSV and HIIT near term
New high coming soon
Sorry that was Maxim Group that released
the new $5 target news in Barrons.
They are presenting at Euro Pacific as well and Barrons just put a $5
target on their chest. I follow as a sector indicator
Chart looks like it's ready to rocket.
Yep it's a Team and we have a good one. Let's not forget Billy, Charles and all the others that make it happen every day.
I said Looong ago that I am still
here not because of Matt but the Team he and the BOD brought together. Brent is one smart man and very genuine person. We are in good hands.
BTWY Brent & Billy own and or have owned producers but they Know water is where the $ is. I'm invested in their Experience and Vision.
Go Team HIIT
Shish Boom Bah!!!
Management was in NY last fall speaking to many groups
it's possible the SP got ahead of some interested parties
and the negative article appeared.
I ran a theory by the CEO that it could be institutional bankers working the deal
down, cuz I've been there seen that! He didn't agree.
Matt said he didn't know
didn't care....."company heading full steam ahead.".....and it has.
SP heading in the right direction as well.....uplist does seems logical
AMEX would be an easier path?
Ok I get it you guys are just bored, have fun. Ltr
2008 was crap end of story....Matt made the right moves
I was a private placement investor in 2006
story looked great every where until the market collapse
and No One could get money and NO One was investing in Anything
I called some very wealthy friends at the time, very successful people and they
were loosing thier private jets.
The market spared No One including Hemiwedge and Matt
Time to move on
I think it could be a bit deeper
Just my guess
Think about sequence of events
since last article
You gettin the picture now
I will buy more when it does
No "long shot" the space is ripe for consolidation
Water
drives the Frac he who has strong
relationships and manages the
Water with intelligence and technology makes $$$$ on
Every Well
not just the oil producers = No risk
your sobbing is as old as Hemiwedge, time for a new name my friend.
Shish Boom Bah!!!
Seems to me absorbed technology could be
used to distribute compressed Nat Gas from vessels
should Putin put the squeeze on.
Hec we could stike a deal with other nations to license the tech and let them put up the $$$
The world is changing gotta think outside the box
Morgan Stanely is getting into compressed Nat gas
frack activities will ramp as exports approach
This boom is only beginning and it's all driven by....WATER
PyschoNoobStock Friday, 08/29/14 03:46:31 PM
Re: None
Post # of 1163
Morgan Stanley plans natgas export plant in new commodities foray
Adam Jeffery | CNBC
Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business.
In a 23-page application to the U.S. Department of Energy's Office of Fossil Energy submitted in May, the Wall Street bank outlined a proposal to build, own and operate a compression and container loading facility near Freeport, Texas, which will have capacity to ship 60 billion cubic feet a year of compressed natural gas (CNG).
While the size of the project is small compared with bigger liquified natural gas (LNG) projects, the plan highlights the bank's ability to exploit its status as one of two Wall Street banks which are allowed to own and operate infrastructure for the manufacture, storage and operation of raw materials. The other one is Goldman Sachs.
Read MoreHow Putin is a lobbyist for US nat gas exports
Their physical commodities activities were both "grandfathered" in when they became bank holding companies during the financial crisis more than five years ago.
It also showcases a nimble and novel approach to exporting cheap domestic gas that could replace oil for power plants in Caribbean nations, as the United States pumps out record amounts of gas from its fracking revolution.
The strategy skirts the multibillion-dollar upfront investments, long lead times and stringent application processes associated with building liquified natural gas (LNG) terminals in favor of using readily-available containers and inexpensive container ships, in one of the first projects of its kind.
The bank plans to ship CNG to countries with which the U.S. has free trade agreements, including the Dominican Republic, Panama, Guatemala, El Salvador, Honduras and Costa Rica, according to the filing, which has not been previously reported. Those countries now mainly use oil for their power plants. Natural gas, which in the U.S. is often used to power trucks and buses, could provide a cheaper alternative.
"You can collect U.S. gas at $4, it costs you $1 to ship it and gasify it, you bring it in at $5 and the equivalent that they are paying for fuel is $20 plus," said a person familiar with the project. "There is a lot of money to be made."
A spokeswoman for Morgan Stanley declined to comment on the plan beyond the contents of the filing.
The boom in natural gas production in the U.S. has pushed prices down to $4.02 per million British thermal units. Natural gas contracts sold outside of the U.S. are often linked to higher-priced oil, which can inflate the cost of the gas.
The U.S. Energy Information Administration projects total domestic natural gas production to hit 73.9 billion cubic feet per day, portending sustained low prices going forward. About 1,000 cubic feet of natural gas yields 1 million BTU. One barrel of oil is roughly equivalent to 5,800 cubic feet of natural gas.
Billions of dollars are being poured into sophisticated export terminals for LNG, which require specialized equipment to cool the fuel to turn it into a liquid, as well as infrastructure to warm it at the receiving end, and take years to build. Cheniere Energy, for example, is investing $5.6 billion to expand its Sabine Pass terminal in Louisiana to export LNG, which is expected to be operational by 2015. The permitting process is also lengthy, with almost two dozen applications awaiting approval.
By contrast, the source familiar with Morgan Stanley's plans estimated the cost of building the plant at $30 million to $50 million, with minimal investment needed on the receiving end. The bulk of the expenditure would be in buying thousands of containers to ship the gas. "They'll lease some land, buy some cranes," he said. "But you need literally thousands of these containers."
It will take 12 months to complete the plant from the time Morgan Stanley receives final regulatory approvals, according to the filing.
In November 2013, Florida-based energy company Emera CNG LLC applied to export 9.125 billion square feet a year; the status of its application is not clear and its lawyers and executives did not return calls for comment in time for publication.
Andy Weissman, an energy lawyer at Haynes Boone in Washington, said the Morgan Stanley proposal was one of the first such CNG export projects he was aware of.
"This could be something very significant, and if it was done successfully, there would undoubtedly be more of these," he said.
Logistics nightmare
The 50-acre proposed site in Texas is currently being inspected for suitability, according to a second source familiar with the plans. Freeport is a deepwater port on the Gulf of Mexico with a 45-foot draft, and already receives large container ships carrying tropical fruits imported by Dole and Chiquita.
Morgan Stanley will lease pre-existing loading docks there, but plans to supply the containers itself, said the second source.
According to the filing, gas would be piped into the proposed facility on an 11-mile third-party pipeline connected to the Brazoria Interconnector Gas Pipeline (BIG), which moves natural gas within Texas. Gas that travels in a pipeline is already compressed.
After further compressing and containerizing the gas, Morgan Stanley can load the pressurized natural gas containers on standard container ships.
"It's a logistics nightmare, putting 1/8the gas 3/8 in containers and shipping them around - it's hard to do. Most people can't figure out how to make money doing it," said the second source. "For once, the price of gas is low enough that it makes sense."
Grandfather status
The project marks a new foray into the physical commodity market for Morgan Stanley after it sold the bulk of its physical oil operations, ending its long run as the biggest physical oil trader on Wall Street amid intense regulatory pressure.
The assets included oil storage and transport company TransMontaigne as well as its global physical oil trading operation, which it has agreed to sell to Russia's Rosneft.
Thanks to a provision in the 15-year-old Gramm-Leach-Bliley Act, Morgan Stanley and Goldman Sachs alone among Wall Street banks enjoy "grandfather" status for any commodities activities they engaged in before 1997, although the provision has never been publicly interpreted by the banks' regulators at the Federal Reserve.
It was unclear whether the bank was using its grandfathered status to undertake the natural gas plant. However, the appointment of two of its commodities executives as officers of the natural gas subsidiaries indicates they could have more day-to-day control than in an arm's-length investment done under merchant banking authority.
The application is filed under the name Wentworth Gas Marketing, a Delaware company with a business address in Purchase, New York, home to Morgan Stanley Capital Group, its commodities group.
Wentworth Gas Marketing and another company, Wentworth Compression, are both wholly owned by Wentworth Holdings, which is indirectly owned by Morgan Stanley.
The filing contains an agreement that Wentworth Compression will sell CNG to Wentworth Gas Marketing , which is signed by two Morgan Stanley commodities executives, Deborah Hart and Peter Sherk. Hart, whose LinkedIn profile lists her as Morgan Stanley's chief operating officer North American Power & Gas, is a vice president of Wentworth Compression. Sherk, a managing director and co-head of commodities trading, is a vice president of Wentworth Gas Marketing.
The Federal Reserve declined to comment on the natural gas project, and Morgan Stanley did not answer questions about what authority it was using to pursue it.
The filing for the project landed just months before the bank bought Deutsche Bank's North American natural gas trading book.
www.cnbc.com/id/101957636
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You are stlogic on WEB3
Putin effect and Middle East insanity will only fuel
the sector higher.
Management said they had 10 million left from funding
round for another acquisition. Bring it on!
busted 80 and on the march looks like trips coming
80 just 2 clicks away
Nope but I'm buying more soon this I do know
96 million projected for 2015!
I'm still rubbin my eyes.
We still have money for deals so that number likely
revised up next year....
Wow here comes NASDAQ
Energy Perspectus Group has HIIT price target
currently at $1.30!
But
what's most interesting is thier forward looking projections!
profits in Q3 & 4
and 96 million for 2015
or
.23 a share ......if that's correct we're going Much higher very soon.
HIIT
http://content.stockpr.com/mzgroup/files/Thomson/HIIT+Net+Income+and+Cash+Flow+Forecast.pdf
LNG Beautiful .....our other little gem
will be even bigger on a percentage basis this year
I like your #'s but new deal, recycle, large MSA's
could spike above $2 once in crosses a buck
I'm shootin for $2.50 - $3.00 by the end of Q2
HIIT needs to leg out and blow
the top off just like LNG
get above !$ and uplist is my hope
I really like the potential with this tech!
LNG is still my #1 Large Cap and HIIT
my #1 microcap...been sayin it for long time
nothins changed
Amazing strength!
He would be the right guy, I agree just don't
wait past 4 years
CEO and BOD have control
I beleive SE was and still maybe attemting to make an honest effort to right this
company if he sees value in the assets. That's just my assumption.
However the only recourse common share holders have with what is now
a Private company is to file in court against the corporation and it's management
within the jurisdiction the corporation resides and possibly in each state shares were sold.
Minority share holders have rights, problem is it's time consuming and expensive
to pursue and vary state to state. If there's evidence of Fraud you have 4 years to file.
Often the miscreants simply file bankruptcy protection as they have time to move assets around in anticipation of legal action.
If you want action and have evidence company assets have been relocated or misappropriated
file a Fraud suit it carries the highest personal penalty to each individual and BOD members have no DNO isurance and are not protected by bankruptcy protection either.
The SEC does have cross jurisdiction if misconduct is found while the company was public.
I'm not a lawyer just walked through this park before. I don't have a large stake in Superior
so I don't toss n turn over it but I am tired of watching turds manipulate the system against
small investors. If you guys pool cash for legal let me know. I only invested 2k in this company
but I'll throw $500 toward the effort.
Looks like it...handle here would be solid
for solid break out this fall.
we shall see
needs to blow off n hold 75.70
bumpin it's head