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Do we think oil is stabilizing now at $50 or is Cramer right thinking it's going down to 43?
CF participated in a luncheon panel in Houston Thursday discussing OPEC, oil prices and the global impact of OPEC’s fluctuating oil production quota. Would have loved to have been a fly on the wall. Anyone hear anything?
Anyone see this: The general thesis for lower prices is basically this: lower prices have resulted from an oversupply of the oil market. Meanwhile, oil production from OPEC and the US shale markets hasn't slowed down at all.
Http://finance.yahoo.com/news/australian-mining-giant-bhp-just-233639236.html
Me too...let's wait and see.... All we have is time!!!
I think folks just have to sit tight and see what happens. I see lots of unnecessary discourse on the board not many facts?
Anyone hear about CF participating in a panel in Houston Thursday to talk OPEC and oil prices? ...
I get it but... I thought CEO's needed to be careful about speaking about the actual company? ... Isn't that dangerous territory?
Guess we'll find out then....
Don't they have to file reserve reports when they release year end numbers????
Scratching my head...
Check out this story from Breaking News...Plans to raise Iowa's fuel tax approved by state House and Senate; bill would raise tax by 10 cents per gallon and pay for road improvements - @KCCINews http://bit.ly/1JIxnR8 http://bit.ly/1JIxnR8. Any impact here?
McConnell, R-Ky., says the Senate will attempt to override Obama's...
All very interesting...
TransCanada's says it 'remains fully committed to Keystone'.
So what does this mean for US oil production?
And...Keystone pipeline bill gets vetoed...
Nigeria wants OPEC to hold a meeting... Maybe that's indication that the oil sector in general is having significant challenges?...
Does anyone know if the strike on the refineries will effect oil companies?
How's the oil sector today???
"Why cross industry talent at CEO level is better." Anyone see this article from The Economic Times?... If not you should read it. Maybe we need to consider CEO's changing industries and the potential for success?
Http://articles.economictimes.indiatimes.com/2013-12-17/news/45296371_1_vineet-nayar-pramod-bhasin-industries
Quick passage: "Across the vast corporate landscape, cross-industry moves at the CEO level are rare. But in a small pocket that is the agglomeration of industries that are aimed at the individual consumer, such moves, though not the norm, don't raise eyebrows. In recent times, quite a few CEOs have switched industries like Shivakumar: from chocolates to breweries; from telecom to oil & gas; even hair oil to satellite TV."
P.S. I think BECC has no debt - isn't that good in a down market ?
52 week hight was 30.53 now down to 4 dollars. Most oil companies are trading down 65% or more...
Is oil not down 60%? Isn't the whole industry down I just looked at Goodrich petroleum...
Anyone think oil will hit 70 by June ?
Point of interest : Breitling Energy Announces Completion Operations on Hankamer #1 Well in Newton County, Texas, operated by Seely Oil.
Interesting...
Can anyone tell me what the market cap of the company is?
Check it out... Not bad..
http://www.techsonian.com/penny-stocks-under-consideration-breitling-energy-becc-patent-properties-ppro-las-vegas-railway-xtrnyoungevity-ygyi/12408134/
Penny Stocks Under Consideration – Breitling Energy (BECC), Patent Properties (PPRO), Las Vegas Railway (XTRN),Youngevity (YGYI)
SUBMITTED BY TOPSTOCK PICKS ON FEBRUARY 12, 2015 - 11:50 AM
Las Vegas, NV – February 12, 2015, – (TechSonian) – Breitling Energy Corp(OTCMKTS:BECC) announced that it has been named as a 2014 Deal of the Year by Acquisition International for its merger with Bering Exploration Inc. After 18 months of intense negotiations, the 2 companies entered into an Asset Purchase Agreement where Bering issued 461.9 million shares of stock to Breitling in exchange for all of the oil and gas working interests of the former Breitling Oil and Gas.
Breitling Energy Corp(OTCMKTS:BECC) showing positive movement during previous trade, it traded with the volume of 155,815.00 shares in the last trading session, as compared to average volume of 98,578.00 shares. The stock on surged 19.15 % and finished the day at $ 0.405.The one month performance of the stock was negative and it scored about -45.27%.
JP Morgan Chase, Citi bank, Bank of America and many other notable banks - that many of us probably have accounts at - have been investigated and/or had class action suits/settlements...
Not saying it's right but...what else....
Wasn't there just an announcment for drilling of the Wilcox Shale Project in December?...
"Shale" we take a look at the facts: http://www.breitlingenergy.com/breitling-energy-announces-drilling-new-wilcox-shale-project/
What's going on is the keystone pipeline legislation that CF has been all over. Good stuff is happen'in....
Now is the time. CEO named to Tx legislative advisory panel...definitely a step in the right direction for NRG policy..not half bad.
Hey, I'll take it! It's a tough market for oil right now. Things can only improve.
http://news.yahoo.com/katie-couric-explains-falling-oil-prices-162456746.html
Dunno, I'm thinking there's no where to go but up...from here!