Followers | 24 |
Posts | 2,488 |
Boards Moderated | 0 |
Alias Born | 01/31/2017 |
Twitter Profile: | Temporarily Unavailable |
Follow on Twitter: | Follow @ Temporarily Unavailable |
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.
Lower feedstock cost has been good for refineries. Do you have a bullish outlook?
I feel they should invest as much in infrastructure as possible. It has to be done so this stock will benefit IMO.
It would seem to me that this will happen by either candidate in 2021. What is your take?
Hard to bet to bottom of it at times. I’m playing he trend currently.
Was wondering if requirements are up to speed other than price?
Very interesting to see how the oil companies are doing their dance in this market.
I agree with the consensus here
Great price points to add. Will recover fast on economic rebound and infrastructure bill through next year IMO.
They have to start on infrastructure soon or it’s going to get a lot worse.
LOL right
I agree. When do you think this will happen?
I have been adding more on the dips. Quality company just got hit by crash in oil IMO.
I think the trade is in. I’m just saying some royalty or non op interests won’t make this company it will require more but I’ve traded this 3x in the last few years so I like it for now but caution long term without a strategic deal.
Non op is a tough strategy as a public company. I’m a fan of low debt but what is the real value proposition? If they were to merge with a private operator for example it would get very interesting.
Unclear if management has a real value creation plan for this company yet or if it will wane as prices or tensions simmer down.
Reaction to spike in oil prices.
Doing deeper dive thank you. Happy holidays.
Don’t disagree. Strong short here iMO
Seems that is the direction it’s headed. With their status they should have made larger acquisitions. Hitting singles while running a huge G&A for management only leads to negative dilution and decline in price.
Any turn around prospects for 2020?
Makes you wonder.
$HUSA I’ve traded this a number of time. Still not sure why they haven’t approached better M&A candidates.
What’s the catalyst for natural gas this winter?
Pretty wild ride so far. Seems to be following similar paths.
Haha likely
LMAO yeah 2 years made it only worse. Merger would be interesting though.
$HES Hess Corp. has recently reported its quarterly results, in which it posted a 10.5% increase in total production to 273,000 boe per day (ex. Libya) on a year-over-year basis. The growth was led by the 23% increase in production from the Bakken field in North Dakota to 140,000 boe per day. The company reported lower levels of realized prices for crude oil, natural gas liquids, and natural gas on a year-over-year basis. However, the growing levels of production offset the impact of weak prices and the company’s earnings improved as net loss narrowed from $0.23 per share a year earlier to $0.09 per share.
Hess Corp. has reported a net loss and a cash flow deficit for the second quarter, but the oil and gas producer is heading in the right direction. The company will likely report robust growth in earnings and cash flows from as early as the first quarter of next year.
Seems attractive to me as well.
Lots of opportunities in non-core acreage when you are a smaller independent I agree. Was just curious what type of plays in terms of depths, completions, and secondary work you may be doing.
I agree. Don’t see shale as a continuation as best quality has had its day.
I like how you can get acreage as part of the deal and only pay PDP in some cases. What basins do you like right now?
On July 31 Reuters reported U.S. crude oil output declined 26,000 b/d in May to 12.1 million b/d, the U.S. Energy Information Administration said in a monthly report released on Wednesday. The agency also revised its estimate for April oil production down by 28,000 b/d to a monthly record of 12.13 million b/d.
I don’t disagree. Conventional assets and secondary production work is consistently attractive but most of these assets are legacy or distressed which was my comment.
The industry has been taking a beating. Hard to make real money unless you are a trader, hedge expert, or distressed asset buyer.
Northern Oil and Gas (NOG) updated its 2019 guidance to reflect the impact of continued production curtailments in the Williston Basin, as well as the incremental production from its various acquisitions. Overall, Northern's 2H 2019 production was slightly better than I expected, although its production costs are also ending up a bit higher than expected.
$SUM At the federal level, we are optimistic that the FAST Act will be expanded or replaced prior to its October 2020 exploration. Just this week the Bipartisan Americas Transportation Infrastructure Act was unanimously voted through the Senate Committee on Environment and Public Works to the Senate floor.
This proposed legislation would authorize $287 billion in highway funding, 28% above FAST levels between fiscal year 2021 and 2025. Locally, a majority of states have implemented their own self-funding mechanisms during the last few years, allowing them to significantly increase their DOT budgets. In particular, Kansas's highway funding is finally improving as fiscal year 2020 funding is expected to increase approximately 30% year-over-year and be more than double fiscal year 2017.
Delek US (NYSE:DK) declares $0.29/share quarterly dividend, 3.6% increase from prior dividend of $0.28.
• Forward yield 2.79%
• Payable Sept. 3; for shareholders of record Aug. 19; ex-div Aug. 16
United States Steel has been in a downtrend since the start of 2018 when the global economy peaked. The US economy started to slow at the end of 2018. The company's adjusted EPS growth rate have been in the double digits in every single quarter of the current economic expansion - until now. We are at a point where economic growth slowing has hit the company's bottom line, a few quarters after the economy started to peak. Adjusted EPS came in at $0.45 in the second quarter which is $0.05 above expectations. Nonetheless, it is 69% lower compared to the prior-year quarter which marks the first quarter of lower EPS since the start of the economic recovery in 2016.
Weatherford International (OTCPK:WFTIQ) says it received approval from a Houston court to accept another $250M from one of its creditors to maintain day-to-day operations during bankruptcy proceedings.