Search found 28 matches
- Sat Apr 13, 2019 12:25 am
- Forum: The View from Houston
- Topic: BIG DEAL: Chevron to acquire Anadarko
- Replies: 4
- Views: 1711
Re: BIG DEAL: Chevron to acquire Anadarko
Per CNBC: Occidental bid more than $70 a share for Anadarko and is now considering options: Sources Key Points Occidental Petroleum bid more than $70 a share for Anadarko Petroleum in cash and stock, people familiar with the matter say. The bid was higher in price and contained more cash than the Ch...
- Fri Apr 12, 2019 2:40 pm
- Forum: Picks and tips from the EP community
- Topic: Denbury Resources (DNR) Update - April 11
- Replies: 2
- Views: 1735
Re: Denbury Resources (DNR) Update - April 11
Nice analyses. As a stockholder well remember that wrong headed DNR merger try for PVA was devastating for the stock price. Market well knew --DNR should have been paying off debt before they took on more assets way out of their core area of operations. Even now today, the stock price is way less th...
- Sun Mar 31, 2019 3:45 pm
- Forum: The View from Houston
- Topic: Oil Price - March 29
- Replies: 2
- Views: 1359
Re: Oil Price - March 29
Saw this Art Berman.
Traders not near as long oil as most of 2018.
Looks like a lot of money may still flow in.
Art says,
Managed money funds have been cautious so far in 2019. Normalized net long positions for Brent + WTI are 50% lower than in 2018 and 8% lower than in 2017.
Traders not near as long oil as most of 2018.
Looks like a lot of money may still flow in.
Art says,
Managed money funds have been cautious so far in 2019. Normalized net long positions for Brent + WTI are 50% lower than in 2018 and 8% lower than in 2017.
- Mon Mar 25, 2019 2:11 pm
- Forum: The View from Houston
- Topic: Demand for natural gas is going way up
- Replies: 3
- Views: 1662
Re: Demand for natural gas is going way up
Yep, LNG got a long way to run yet. Here are a couple for your high income portfolio. GMLP Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters in Brazil, Indonesia, Jordan, Kuwait, and the United Arab...
- Thu Mar 21, 2019 11:56 pm
- Forum: Picks and tips from the EP community
- Topic: Denbury Resources (DNR) Update - March 21
- Replies: 1
- Views: 1094
Re: Denbury Resources (DNR) Update - March 21
As a DNR stockholder happy to see this deal ended. DNR price was crushed when deal was announced and has never come close since to it's oct high. Many saw the deal as a risky dilution. Adding eagleford assets complicated the company and made it hard to analyze so they have not participated in this 2...
- Mon Mar 18, 2019 6:47 pm
- Forum: Sweet 16 Portfolio
- Topic: SM and CRZO talk
- Replies: 3
- Views: 1999
Re: SM and CRZO talk
Agree. Think if it happens, will be stock for stock deal. If for instance, one shells out a bunch of cash for the other, think the market would crucify the acquirer thinking they would soon go to market for a secondary. Think the market wants increasing positive cash flow from companies NOW, and not...
- Mon Mar 18, 2019 12:37 pm
- Forum: Sweet 16 Portfolio
- Topic: SM and CRZO talk
- Replies: 3
- Views: 1999
SM and CRZO talk
(Bloomberg) -- Carrizo Oil & Gas Inc. is weighing a tie-up with U.S. energy explorer SM Energy Co., according to people familiar with the matter. Carrizo has held early-stage discussions with SM about a potential combination, the people said, asking not to not be identified because the informati...
- Sun Mar 17, 2019 12:54 pm
- Forum: Sweet 16 Portfolio
- Topic: Sweet 16 Update - March 16
- Replies: 2
- Views: 1907
Re: Sweet 16 Update - March 16
Barron's had round table of oil analysts this weekend. Analyst David Heikkinen's Picks, liked the Permian specifically: "We see some of the best value in companies with Permian potential. Multiples of many companies in the Midland basin [a section of the Permian] have been compressed. We rate P...
- Thu Feb 28, 2019 3:36 pm
- Forum: Picks and tips from the EP community
- Topic: Running harder to increase production......................
- Replies: 1
- Views: 1138
Running harder to increase production......................
Interesting study how difficult and expensive it is to keep production up in the Permian shale. To win this game one better have very good rock. ***************************************************************************************** Keeping Up with the Older Generation Proves Costly and Futile in ...
- Thu Nov 01, 2018 4:14 pm
- Forum: Sweet 16 Portfolio
- Topic: NFX acquisition by Encana
- Replies: 7
- Views: 3229
Re: NFX acquisition by Encana
As a NFX investor I'm furious that management grabbed this offer. NFX stock price was about $32 Jan 1 and traded between $27 to $30 for the last 7 months. So cash flow and production substantially improves the last 2 quarters and the company pulls the trigger to sell itself just after the biggest ma...