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Apache Finds Oil in South America Offshore Block -- Update
Date : 01/07/2020 @ 11:02AM
Source : Dow Jones News
Stock : Total SA (TOT)
Quote : $55.8124 -0.6976 (-1.23%) @ 12:31PM
*Apache (up 25% today) struck a deal with TOT a month before this offshore oil discovery.
**price of Brent crude today is $62.37 @ bbl.
*** FD: I do not own TOT at this time
First distribution recieved 12/23/2019
Thank you Lord.
Marker:
Bloom Energy Corpora (BE)
$7.5023 up 0.312 (4.34%)
Volume: 4,124,140
Last trading day of 2019
Marker:
Blue Dolphin Energy (BDCO)
0.56 down -0.04 (-6.67%)
Volume: 2,889
Marker:
Bloom Energy Corpora (BE)
$7.0348 up 0.4148 (6.27%)
Volume: 2,581,060
Nothing left I can see but to contact shareholders.
Not sure exactly what all to expect or from whom but I am anxious to see this come to a conclusion :)
Will be in Texas for Christmas but won't be able to make it down to Houston for this years BDCO annual shareholders meeting. I only had one question to which I'm certain I wouldnt get a verbal answer to but sometimes a look says everything you need to know. Ha.
Merry Christmas to you and mei...will be a different one for you guys ..hope its restful & pleasant! Amen!
Marker:
Bloom Energy Corpora (BE)
$5.64 up 0.4 (8.67%)
Volume: 1,534,798
NYSE delisting dead ahead.
Marker:
Hi Crush Inc (HCR)
0.7743 up 0.0643 (9.06%)
Volume: 970,780
I don't know. There are a number of mysteries we could ask the SEC gods...this is just one of them.
For example; I held a sizeable position in a Billion $ REIT stock that hadn't filed any financials for 3 years...I then sold it when it became apparent the SEC had no real problem with that and tge company had no intention of releasing the financials.. and it still hasn't as they enter year 5. This is no dead shell we're talking about..this is a billion dollar business with real people in a real office down in Dallas.
Marker:
Generac Holding Inc (GNRC)
$97.10 up 3.41 (3.64%)
Volume: 474,238
Quarterly Report (10Q)
Date : 09/13/2019 @ 9:30AM
Source : Edgar (US Regulatory)
Stock : Blue Dolphin Energy Company (QX) (BDCO)
Quote : $1.00 0.0 (0.00%) @ 4:00PM
Source:
https://ih.advfn.com/p.php?pid=nmona&article=8115152
The takeaway from this 10q was the EPS of $.74
As predicted by Enterprising Investor;
As a result of the effectiveness of the Settlement, Blue Dolphin expects to recognize a gain on its consolidated statements of operations during the third quarter of 2019 in the amount of approximately $9.0 million related to the gain on settlement of the accrued arbitration award payable. Until the Settlement occurred, the accrued arbitration award payable was reflected on Blue Dolphin’s consolidated balance sheets.
No notification on my end yet as to a distribution or news thereof...how about you?
Marker:
Bloom Energy Corpora (BE)
$5.0496 up 0.749 (17.43%)
Volume: 6,449,504
The power grid + high winds & weather are increasingly becoming an issue. Power utility companies, and those especially on the west coast, have seen what happened with PG&E in the wake of the Camp fire lawsuits and subsequent bankruptcy are shutting down power to millions of customers at any hint of wind. So? So power company lawyers all across the country see the writting on the wall..expect weather related blackouts to be coming to a theater near you soon.
Californans are finding out they cannot have it both ways..the problem is you can't convince them of that. They live in a dream world..but I digress.
NatGas fuel cells are gridless..which in my mind is becoming more attracive by the day.
Stocks of company's manufacturing stand alone power generating equipment have soared the past few years and are now at all time highs.
It is becoming increasingly obvious our nations power grid must go the way of Henry Fords' model T..and for a host of reasons. Affordability, scalability and implementation will determine the winners of the race to become gridless imo.
Marker:
Bloom Energy Corpora (BE)
2.96 up 0.2 (9.63%)
Volume: 2,815,966
GNRC continues to make a new all-time high..as more weather related power outages / rolling blackouts, etc go into effect. Other electric utility companies accross the nation, but particularly ones in California, have seen what happened with PG&E and have decided the legal risks are too high and would rather cut power in windy conditions rather than take the risk of a fire even though they may not have been the cause they know they will get the blame. Be that as it may homeowners will be without power more often..which raises the demand for stand alone power generating equipment.
Marker:
Generac Holding Inc (GNRC)
$94.25. up 3.5 (3.90%)
Volume: 1,014,778
Marker:
Generac Holding Inc (GNRC)
$87.33 up 1.5 (1.85%)
Volume: 687,053
* stock is up a whopping 57% in 6 months. Is this in response to the PG&E northern Calif fires and subsequent precautionary blackouts? Without question Yes..and its only the beginning. My guess is new home builders in Calif will start to make backup power a feature in the new homes to come.
The clerk to call for access to listen in on the proceedings has been out of the office for a few days and won't be returning until the day of the hearing.
So if you called and got her voice mail there is still a way to listen in Monday by dialing 1-888-684-8852
Access Code: 5799715
Security Code: 0804
* and be sure to mute your phone. If a landline *6 usually works.
Marker:
Apache Corporation (APA)
$20.53 up 0.28 (1.38%)
Volume: 4,906,698
Ever seen the debtor stripped of exclusivity before?
What, if any, are your thoughts on the upcoming IMO 2020 rule and the impact it could have on the economy but more specifically refinerys in general?
Digging thru the last 8-k revealed something interesting in that it seems our modest little Texas teapot refinery has a "six-degree" connection with none other than The Oracle of Omaha himself via BRK.A.
Current Report Filing (8-k)
[....]
As previously disclosed, on May 3, 2019, Pilot Travel Centers LLC, a Delaware limited liability company (“Lender”), entered into a Line of Credit, Guarantee and Security Agreement (the “Agreement”) with Nixon Product Storage, LLC, a Delaware limited liability company (“Borrower”), Lazarus Refining & Marketing, LLC, a Delaware limited liability company (“LRM” and, together with the Borrower, the “Grantors”), Lazarus Energy LLC, a Delaware limited liability company (“LE”), Blue Dolphin Energy Company, a Delaware corporation (“Blue Dolphin” or “Pledgor”, and Grantors and LE being wholly-owned subsidiaries of Blue Dolphin), and Lazarus Energy Holdings LLC, a Delaware limited liability company (“LEH”), whereby Lender agreed to extend a line of credit to Borrower in an aggregate principal amount of $12,800,000. The Agreement is primarily being used to finance NPS' purchase of crude oil from Lender pursuant to certain purchase and supply agreements and to provide working capital. The parties to the Agreement subsequently entered into amendments to the line of credit on May 9, 2019 and May 10, 2019 (as so amended, the “Credit Agreement”).
The parties hereto entered into Amendment No. 1 to the Credit Agreement (the “Amended Credit Agreement”) effective September 3, 2019.
[....]
Source:
https://ih.advfn.com/stock-market/USOTC/blue-dolphin-energy-qx-BDCO/stock-news/80725391/current-report-filing-8-k
Wikipedia has this to say re: Pilot Travel Centers, LLC;
Pilot Travel Centers LLC, doing business as Pilot Flying J, is a North American chain of truck stops in the United States and Canada. The company is based in Knoxville, Tennessee, where Pilot Corporation, the majority owner, is based. The company is owned by Pilot, FJ Management, and Berkshire Hathaway.
...
Berkshire Hathaway Invests in Pilot Flying J
[....]
Pilot Flying J is the largest operator of travel centers in North America, with more than 27,000 team members, 750 locations across the U.S. and Canada, and more than $20 billion in revenues. The investment will expand Pilot Flying J’s opportunities for growth, as the Company remains committed to delivering outstanding service for the trucking industry, professional drivers, local communities and interstate travelers across North America.
Under the terms of the agreement, Berkshire will acquire a 38.6 percent equity stake in Pilot Flying J. The Haslam family will continue to hold a majority interest with 50.1 percent ownership in the Company and FJ Management, Inc., owned by the Maggelet family, will retain 11.3 percent ownership until 2023. In 2023, Berkshire will become the majority shareholder by acquiring an additional 41.4 percent equity stake and the Haslam family will retain 20 percent ownership in the Company and remain involved with Pilot Flying J.
[....]
Source:
https://pilotflyingj.com/press-release/5882/
Marker:
Blue Dolphin Energy (BDCO)
$1.17 0.0 (0.00%)
Volume: 0
That article failed to mention Hindenburg Research is a known short seller of stocks. It is common practice now for short sellers of this type to do what is known as a "short and distort". Keep in mind splashy and calculated public trashings by short sellers is merely opinion and not a verdict. Nevertheless accusations of this type can do irrepairable damage to a stock..which is exactly what a short and distort is intended to do.
*Short selling is not illegal and my comments are my opinion only.
Marker:
Bloom Energy Corpora (BE)
3.31 down -0.88 (-21.00%)
Volume: 11,162,493
Marker:
Bloom Energy Corpora (BE)
3.265 down -0.925 (-22.08%)
Volume: 4,432,002
*BE hits new alltime low.
It all depends on the offer but all things being equal I'll take the cash. Then if I like where newco is going and I decide to take a position my gut tells me there will be opportunities at a discount down the road.
Marker:
Bloom Energy Corpora (BE)
$5.20 up 0.64 (14.04%)
Volume: 1,486,430
Yes..I still hold approx 900k shares..but zero confidence it will ever develope into something.
Best of luck ;)
Chevy
Marker:
Reliant Financial Se (RFNS)
0.0017 up 0.0002 (13.33%)
Volume: 20,000
Doc #615 was filed today
CHAPTER 7 TRUSTEE’S OMNIBUS OBJECTION TO CLAIMS
(Individual Shareholders)
NOTICE OF OBJECTION/RESISTANCE DEADLINE
You are each hereby notified that if you desire to object or resist the above Objection you must file your objection or resistance on or before October 3, 2019 with the Clerk of the United States Bankruptcy Court for the District of Nebraska, Room 1125, Roman L. Hruska U.S. Courthouse, 111 So. 18th Plaza, Omaha, Nebraska 68502, and serve a copy of any objection or resistance on the undersigned.
---------------
* The Lions share of these claims on the Exhibit A list were duplicate claims which is why these claims were deemed "objectionable". The Trustee (Myers) is in the process of cleaning up the list.
Marker:
Hi Crush Inc (HCR)
$1.39 down -0.15 (-9.74%)
Volume: 1,426,478
*Not good. Houston we have a problem!
I'll take that as a no response to my questions.
Thanx...we're done here.
Fair enough but tell me which of those goals do you feel are currently not being addressed by the O & G industry?
Keep in mind O & G is one of the most highly regulated industry's on planet earth. Are you aware of just how much it is regulated? Do you know how much that regulation adds to the cost of energy? At what point for you does cost play a role in the energy you consume?
What about energy independence...do you want the US to be reliant on foreign energy? ...or would you like to see us be totally self sufficient?
Is Natgas in your opinion the best "bridge" solution until better sources are developed? It can take decades if not century's to roll out new, safer, more reliable, environmentally sound technology and make it available AND affordable for the masses worldwide. If NatGas is not your bridge solution until better answers come along..what is? And when those solutions come along should the inventors and or developers make a profit from their product(s)? Or should it be free to everyone?
In your opinion should these new technologies come from the private sector..or the public sector?
Should you as a consumer have choices as to the energy you would like to use?..or should it be mandated by Gov't that everyone will use Energy X no substitutions..no choices? Is that the direction we as a people should go?
What guarantee's will you have that future energy sources (whatever they be) will fit every criteria you have? How will you know when your energy goals and ideals have been 100% met? And if they are not..what then?
What guarantees do you have that your future energy solutions won't accidently / unintentionally harm or even kill someone?..or maybe millions? Who should be blamed?
Surely youve thought about these things and I'm anxious to know your thoughts. TIA
Chevy
Flagship Bangalore Real Estate Development to Showcase India’s Clean Electricity Future With Reliable Electric Power From Bloom Energy
Date : 08/29/2019 @ 9:00AM
Source : Business Wire
Stock : Bloom Energy Corporation (BE)
Quote : 4.48 0.3 (7.18%) @ 7:59PM
At the unveiling of Whitefield Tower clean energy project, technology and energy leaders come together to support and advance India’s transition to natural gas power
[....]
Source:
https://ih.advfn.com/stock-market/NYSE/bloom-energy-BE/stock-news/80626945/flagship-bangalore-real-estate-development-to-show
So if the wells aren't close to residential areas you're ok with NatGas?
Nationally - NatGas accounts for an average of 17 fatalities per year.
To put that in perspective in 2018 there were 20 direct lightning fatalities, up from 16 in 2017 which was lowest since record-keeping began in 1941. From 2009 to 2018 on average 27 people died each year from lightning strikes in the United States, according to the National Weather Service. Lightning strike deaths in Colorado average 3 per year.
About 240,000 people are injured by lightning strikes each year. One estimate is that the annual global death toll is 6,000.
NatGas can be dangerous yes..however other energy source proponents such as solar and wind have done a masterful job of demonizing NatGas in order to "sell" the publc on their technology. Both are plagued with peak demand limitations on a mass scale..i.e solar doesn't work at night ..and the wind doesnt always blow when you need it.
Think renewable energy sources are perfectLy safe? Think again. Workers in the solar energy industry are potentially exposed to a variety of serious hazards, such as arc flashes (which include arc flash burn and blast hazards), electric shock, falls, and thermal burn hazards that can cause injury and death.
Bloom fuel cells do not burn the NatGas to produce electricity. The "Camp Fire" was the deadliest and most destructive wildfire in California history. It is also the deadliest wildfire in the United States since the Cloquet fire in 1918 and is high on the list of the world's deadliest wildfires; it is the sixth-deadliest U.S. wildfire overall. Know what caused that fire? Faulty power-grid components. Bloom NatGas fuel cells require no powergrid. None. Zero. No unsightly high voltage towers criss-crossing the countryside. Can you imagine the cost savings, environmental impact and a world with no telephone poles! I can.
The Council on Foreign Relations released a report on the vulnerability of the U.S. power grid, and it pointed out the system's central role to America's economy and overall functioning of society. ... There were 2,975 deaths caused by the lost power grid, 46 times as many as the 64 who died in the actual hurricane.
You want something to worry about in Colorado - worry about real threats..not the threats generated by politically motivated activists with a blind bias against NatGas. I.e. zealots.
Need more? Ive got it.
No short squeeze if this goes to bankruptcy...which is directly where HCR is heading.
Marker:
Hi Crush Inc (HCR)
$1.54 down -0.09 (-5.52%)
Volume: 719,679
I have no expertise in fuel cell technology to judge the value of the patents. Overall I would think cranking out patents on a fairly regular basis is a good indication they are improving the technology at a rapid pace.
But I think their biggest hurdle is convincing the environmental community zealots that NatGas is NOT the enemy...which may prove to be a bridge too far for proponents of this type of technology. I personally have no problem with natgas as the fuel. I think the +'s outweigh the -'s.
Marker;
Bloom Energy Corpora (BE)
$4.6 up 0.42 (10.05%)
Volume: 1,283,111
Patents Assigned to Bloom Energy Corporation:
https://patents.justia.com/assignee/bloom-energy-corporation
Marker:
Bloom Energy Corpora (BE)
$4.66 down -0.01 (-0.21%)
Volume: 377,664
The headline should read:
Climate Change Zealots Aborting Fuel Cell Technology
"Green" will never be green enough for these people. What a shame..I think BE's technology is brilliant.
I have no interest in building a stake at this time.
Marker:
Bloom Energy Corpora (BE)
$4.60 down -3.4 (-42.50%)
Volume: 19,490,121
Not sure what a "fuel cell" is? Here is a quick video that explains it;
Marker:
Bloom Energy Corpora (BE)
$5.12 down -2.88 (-36.00%)
Volume: 5,476,852
Why? Multiple reasons...and it's the same for all E&P companies not just WPX. 1) price of crude since late 2014 has been seriously throttled back. 2) some investors expected WPX's capex spending to be pulled back a bit In the second half of 2019 but the company said it's full speed ahead on spending 3) some of their leases are in New Mexico and North Dakota. The Permian extends into New Mexico but NM has a new Governor (democrat) and she hates O & G and is doing everything possible to shut the industry down in that state. North Dakota is a much more oil friendly state but the Bakken wells are deeper and the costs to get it out of the ground are much higher and then the oil has to be shipped by rail to south Texas refineries 4) the Permian Basin has choke points due to insufficient pipeline capacity to the refineries down south. New pipelines are coming on-line soon that will relieve that situation but until then Permian producers have to sell oil at a discount. 5) Its mid-August and the summer driving season is on the downhill side of the demand. I'm seeing the price of gas go much lower in my area.
I say all this not to discourage an investment in WPX because I do like their share buy-back plans over the coming months. Maybe WPX is on sale at the current pps..and if you think it is then go for it.
Best of luck,
Chevy
Marker:
WPX Energy Inc (WPX)
$10.19 down -0.09 (-0.88%)
Volume: 8,515,831
*The current price of wti crude oil is $58.48 @ bbl.