Retired at 45 yrs of age
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Did someone not tell them that the clerk visits web pages on filing court documents and prints them out? It does no good to hide the web pages months ago unless there's some maneuver to replace previously visited pages (documented), is there?
That chart along with a companies quarterly pretty much sums it up, a bunch of contracts hedging production when oil spiked to 60'ish ...
From what one expert on CNBC as a guest said not too long ago (paraphrased) that oil glut in certain locations were due to logistics. That as the new production flows so eventually the distribution of the oil delivery will work itself out.
...
The contracts themselves, don't they lead to oversupply? Those companies have to deliver oil for $60 contract, buyers are buying at market $48 (at the time) so where did the oops contract delivery $60 go... to storage to be sold later when prices rise...
lol
What do y'all figure on oils down this week Sunday/Monday... I saw it as last push down to sucker play fears to sell before Winter rising prices (or I was hoping... lol)
Actually $SD maybe really dumb as a clearly in the oil zone Eagleford several hundred acres property went 1.5 years unleased with neighbors too so thousands of acres until very recently... They need a better landman or just get some landman work done... sheez
Hint: When Shanchez oil bought Eagleford assets from Hess (and teamed up with Marathon Oil on some) they let upper LaSalle and lower Frio go unrenewed leases... shoot I guess its been 2 years now not 1.5... wow... Rio Rancho?
Must be bad if they're thinking of expanding into a high-paid community (city) like Rio Rancho, NM ... these guys cry about chopping a bush in the bosck (however spelled) ... check with 770 KKOB AM radio station as local shows morning and late afternoon will cover things like this... http://www.koat.com/news/company-gets-permit-to-explore-for-oil-near-rio-rancho/36488946
Yeah and ISIL has been attacking Saudi http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118547163
Yeah, could it be they can't trade for a profit so they can't chear... I hope Chris remembers us Thanksgiving, Hannakka, Chritsmas and New Year's.... Hi Chris, we're still waiting buddy...
Americans still have to import Aramco oil so those ships aren't sitting around... Those two guys need some new thoughts...
Maybe its more like they (contract holders) took delivery instead of a bigger loss for the expected return on price, (which would be like hey we could storing in a tanker leasing it and hold stock up on oil that going to hundreds of dollars... lol... as we just came out of a period of lots of unused ships for tankers with all the domestic production even though refineries have contracts with Aramco, its the other ones that went domestic).
Another downturn is these guys may be thinking they can still stop Russia military but these (low oil) economic sanctions too, they don't care. Another sign that supports this is the attempts to bring gold down (since Russia has been backing the ruble for over a couple of years with gold and in the 80's they got Saudi to sell out their gold hoards by bring oil prices down, (and none of this happened in oil until Ukraine thing and UK and Poland push to punish Russia)...
Yes, the $GUKFY price advantages/disadvantages come and go... but usually to our advantage on new upward news events where US prices lag behind for a few hours until it catches on over here...
I don't know what happens on them going back to without Forest if those dumb bondholders want to keep listening to their lawyers nonsense as they implied Sabine was willing to backout... if they took control they could leave Forest bondholders private and they remain public including all the new drills while partnered and as things go in bankruptcy buy assets from Forest if Judge allowed... that's just on the two little snips of info and imagination with knowledge of other news articles for a couple of score years... That's what I was wondering... as how is could it work since newer shareholders bought Sabine (49%) partnership with Forest (51%)
Those bondholders would still be getting their payments if they hadn't gone to lawyers, now they owe lawyers (? not if bankruptcy judge been stealing capital)... really out of the folder case here...
Has anyone been able to figure out which mining companies went on a land lease grab in Nevada of the anticipated Lithium jump from Tesla car production for their new factory?
I would assume they would start early for batteries produced for parts before whole car production began in their new factory...
Looking so-so here, CNBC just said blah, blah (somebody) said Aluminum will remain over supplied for a couple of years. Don't know what's going to happen to coal production in states as environmental groups suing over climate change (most ridiculous thing I've ever heard that a company has to defend itself over hearsay, that's something law makers decide not company's livelihood)... ARG!
Moving up in UK ... http://markets.investorschronicle.co.uk/research/Markets/Companies/Summary?s=GKP:LSE
http://coinmill.com/GBX_USD.html#GBX=27 close
I guess it was the close UK and oil keeps falling as to why drop here... It's a yawner as what matters is the Kur... to pay up... oil prices mean nothing if they don't keep their word.
This last week's quarterlies show that rig counts will always be down as they are drilling long laterals instead of multiple wells. One company said they completed a 7K ft lateral drill in Eagleford from spud to done in 6 days... and many wells still needing completion...
So yesterday's T. Boone Pickens on Middle East... Russia and the article listed their on China... (on what I'm replying to, has links)... Analysis follows:
It is possible on two aspects both solid with a kicker...
Aspect 1: China's oil grab, they want to be close by to secure oil for themselves (and could it be actually NATO? - lol)
Aspect 2: Pickens points out Russia's not been there since they were booted out in 73 (that is the oil embargo year, right?), which could equate to Saudi will be running low on oil with their max production attitude and they want to hold some MiddleEast assets at the time, politically (meaning by keeping military there for prevention of Saudi expansion surely needed to survive).
Kicker: US Russian talks for 7 years with Putin / Obama and Syrian support occurred after Putin visited Obama. No doubt to clear up their plan or clear up they mean no harm to Israel and Iraq. As this could've been opposed militarily as in past attempts by Russia to move into Syria (how did Bush... Err, Chaney deal with it when they so-called sent carrier task force there.
Today I hear Kyle Bass repeat the same speculation, Saudi running out of oil which I've posted recently around the iHub boards.
And yesterday's Pickens interviews he said an hour ago Saudi's just announced spending cuts (they were 500 million a day loss in spending/revenue)...
So if and when they can't keep up production cause its just not there... lol... hundreds per barrel instantly... maybe watch options trends in oil for signs of out of money clues of bets on big rise in oil? Probably won't give much time. This is something CIA should already know.
Since I'm in Texas... the double kicker... Maybe CIA wants a war as Congress recently was trying to sell our reserve at these low prices... could you imagine what would happen then, Saudi drying up from over production (drilling and refracs could be clues) but one clue was their out of place recent meeting... the CIA using mind control on Congressmen to have our military reserves dry... Probably just the elite organizations, as this has happened a couple of times in the past of selling off at low prices and buying back at high prices... but with a clear China oil hungry grab and... well, you can clearly see the problem ahead if they allow the info out. Between all the spies from all the countries surely a dirty rat from Europe will tell the world? I don't trust our country to be honest (on last night's Coast 2 Coast AM Radio shows CIA guest comment on George H. W. Bush quote on 'if the country knew what we were really doing, they'd run us out with pitchforks...) ... oh, my.
I saw the numbers for propane and they're more than ready for Winter (Oct 30 week report)... which is why I'm sure we're down... Hank! Sell more accessories...
Kyle Bass and Mark Cuban about to be guests on CNBC from Dallas ...
And with all that... Xcel Energy is building a new Electricity power plant NNE of Abernathy just North of Lubbock... so I guess its not that close yet...
Purchased "Cool it" http://ngm.nationalgeographic.com/ today and doom and gloom for the oil industry too, Germany's plan for no fossil fuel, US plan.. just flipping through... on 66k more wind turbines for Texas to replace all fossils ... I see trains shipping wind turbine parts 3 of my last four trips to Lubbock (from Amarillo less than 2 month span).. I suppose its for the Big Spring to San Angelo area wind power development ... I think they're made in Pampa or Borger Texas, big development now from Vega to NM State line North of I40 West of Amarillo too... http://ngm.nationalgeographic.com/
Possible nuclear weapon in auto accident
That was kind'a funny them naming the 9 months ended as the quarter... Nice to know the estimate beat... but it needs to rise before I'm even back where I bought in but more industry beats are only good for the sector eventually.
You may get your wish anyway... as CNBC tv hosts reported United Kingdom (UK) was approving leaving EU in polls... something about 2 months... and that all gloom and doom in the markets would occur.
There were a lot of oils up today on day ending in lower Brent and NG that those started up ... while WTI been down all day... and Exxon was be charged with deception on something... so if Exxon that you posted was said to be buying out something it could die-off.
That was an incredibly great call, as it went down to 1.08... bravo.
The google report for 9/29
That sounds great... hope they carry one or two per store so demand can appear, people only demand it if they know they can ... or BBRY should supplement/carry plan deals... anything... I have a hard time buying anything without seeing it first...
I have no position, but as a non-smartphone owner, security is the reason why I won't use...
After close...
Because? World demand to outweigh production or Russia going after ISIS/ISIL with more vigor or what reason?
If Russia is allowed into Iraq which would be possible, never know what Obama and Putin talk about... it could be bad for Iraqi oil companies like this one but if more ISIL wiped out then a company like this can bring more to market with less risks... (as the plane bomb is claimed by ISIL)
Or worse for Saudi, they may go into civil war... that too is possible ...
At least its going positive
"$25-$40 million capital budget for 2016"
Assets Patent portfolios, net (2015) 13,910 (2014) 55,004
Where's the patent value in all those deals? -41 million? Sheee...it
Great looking
Maybe, Nothing Chris, could join on the lots of other penny companies typical ... and move Eyes on the Go to a covert communications company providing monitoring/recording of oil well pumpjacks and tanks via satellite and solar panel backups (as pumpjacks will have power around)...
Setup of the system high in piping with a fake camera in mid level of them to cover while the RFcams transmit coverage to relay system up out of reach up to satellite ... to recording.... where different captures around site to catch them up close on road in (for example).
RFcams could only transmit 10-20ft ten years ago, but by now it should be much better technology....
Err, does that make it an a-typical penny stock (oil) scam?
Proposal... new name Gandy Caine Oil... get Michael Caine and company to invest capital and buy buy buy at these rare ops to invest in bargins....