"The problem today is that no one has confidence in the price of oil and gas."
This is the obvious rub.
I noticed Johnson Rice today, for example, lowered their 2015 price deck to $60 for WTI and $3.25 for natural gas.
Search found 338 matches
- Mon Jan 05, 2015 6:34 pm
- Forum: Sweet 16 Portfolio
- Topic: spread sheets
- Replies: 10
- Views: 2794
- Sun Nov 23, 2014 6:55 pm
- Forum: Sweet 16 Portfolio
- Topic: Sweet 16 Update - November 16
- Replies: 8
- Views: 2259
Re: Sweet 16 Update - November 16
Where is the Elite Eight discussed? The last archived newsletter I can find is #97 from the end of October.
- Mon Nov 17, 2014 8:51 am
- Forum: Picks and tips from the EP community
- Topic: Denbury Resources (DNR)
- Replies: 3
- Views: 1272
Re: Denbury Resources (DNR)
This has turned out to be a bad idea as the company announced it will only pay $0.40 in 2015, not $0.50, and will cut its CAPEX by half to maintain flattish production. The stock is trading at $10.50 in the pre-market on no growth, smaller dividend and senior operations management sacking. At least ...
- Thu Nov 13, 2014 9:22 pm
- Forum: Sweet 16 Portfolio
- Topic: Oasis Petroleum (OAS)
- Replies: 6
- Views: 1837
Re: Oasis Petroleum (OAS)
There will be cost to this proposed treatment, but will it retard production until treatment is up to full capacity? North Dakota regulators today proposed standards for requiring energy companies to treat the crude they pump from the Bakken Shale to make it less volatile before shipment by pipeline...
- Thu Oct 30, 2014 2:59 pm
- Forum: Picks and tips from the EP community
- Topic: Denbury Resources (DNR)
- Replies: 3
- Views: 1272
Re: Denbury Resources (DNR)
I have shorted the November $12 Puts to own DNR at $11.75 net. You can capture $0.35 premium today to beat my net coming into it. We'll get the declared dividend too.
- Wed Oct 29, 2014 2:51 pm
- Forum: The View from Houston
- Topic: Winter Weather Forecast
- Replies: 4
- Views: 1935
Re: Winter Weather Forecast
The weather forecasts for this weekend in the Northeast are starting to play our tune and NG added 8 cents in New York.
- Tue Oct 28, 2014 7:20 am
- Forum: Picks and tips from the EP community
- Topic: my take, fwiw
- Replies: 4
- Views: 1378
Re: my take, fwiw
I was looking at CWEI and thought this comment by Richard Zeits, a frequent writer for Seeking Alpha, makes sense especially as more $75 stabilized calls are made for WTI: "...The sharp decline in the price of oil creates valuation uncertainty across the entire E&P sector. The key concern i...
- Sat Oct 25, 2014 2:59 pm
- Forum: The View from Houston
- Topic: Winter Weather Forecast
- Replies: 4
- Views: 1935
Re: Winter Weather Forecast
Should Joe have this right, watching the bears have to make a U-turn the next few weeks on their NG positioning will be a beautiful sight.
- Fri Oct 24, 2014 11:49 am
- Forum: Picks and tips from the EP community
- Topic: PTEN reports
- Replies: 5
- Views: 1387
Re: PTEN reports
The concerns I'm seeing center around margins in pressure pumping where PTEN was a little light according to Johnson Rice, for example.
- Fri Oct 24, 2014 11:46 am
- Forum: Sweet 16 Portfolio
- Topic: SN update
- Replies: 4
- Views: 1342
Re: SN update
From RBC: "Downside scenario Our downside case for Sanchez Energy assumes that Catarina, the non-Alexander Ranch Cotulla acreage and the TMS are ultimately not economic. We also assume some downside to commodity pricing. Our downside scenario assumes a lower long-term price deck of $85 oil and ...