Search found 3018 matches

by Fraser921
Thu Apr 04, 2024 2:55 pm
Forum: Other topics of interest
Topic: Team Biden cancels SPR buys
Replies: 0
Views: 58

Team Biden cancels SPR buys

I thought he said he was going to refill it.

Is he mad at the Saudi’s for not increasing production?

Crude went up in the news.
by Fraser921
Wed Apr 03, 2024 2:05 pm
Forum: Picks and tips from the EP community
Topic: WCS differential continues to narrow
Replies: 1
Views: 141

Re: WCS differential continues to narrow

This is a extremely bullish and why I bought Surge and Suncor
by Fraser921
Wed Apr 03, 2024 11:01 am
Forum: Other topics of interest
Topic: KGEI Underperformance
Replies: 4
Views: 211

Small cap canadians

That's a hard question; But... ROK warrants are selling for a measy 1/2 cent premium and that's a canadian cent , not a US dollar cent Rok on TSE is .33 cents bid .335 ask Rok warrants, convertible at .25 cents are bid 8.5 cents ask .09 cents so you get a the upside for 1/2 of a canadian cent and yo...
by Fraser921
Wed Apr 03, 2024 10:50 am
Forum: Other topics of interest
Topic: The Next AI Trade
Replies: 2
Views: 102

Re: The Next AI Trade

People look at things as either or, we need it all prioritized in this order

1. Nuclear plants
2. NG plants
3. Hydro
4. coal plants

5&6 wind and solar if it can be cost justified > I haven't seen evidence of that
by Fraser921
Wed Apr 03, 2024 10:47 am
Forum: Other topics of interest
Topic: Have you no shame!
Replies: 0
Views: 53

Have you no shame!

https://www.youtube.com/watch?v=A24fWmNA6lM

Greatest scam of our generation next to last election. Can I say that? :o
by Fraser921
Tue Apr 02, 2024 4:36 pm
Forum: The View from Houston
Topic: CRK issues 375 m in new debt
Replies: 5
Views: 164

Why don’t they cut cap X TO ZERO

I can only conclude they can’t because they made a multi year drilling commitment and if they don’t drill they lose their leases.

Deja vu all over again

I wonder who put up money for the debt , JJ ??
by Fraser921
Tue Apr 02, 2024 4:28 pm
Forum: The View from Houston
Topic: CRK issues 375 m in new debt
Replies: 5
Views: 164

Re: CRK issues 375 m in new debt

They upsized it to 400 m and got 93 cents on the dollar. Ytm at 93 received is 8.5 %. The name sold off after hours and trying to stay out of an 8 handle. I shorted more on the dead cat bounce into the 9’s. They will be hurting bigly if ng stays at these crap levels and I agree with you they risk ha...
by Fraser921
Tue Apr 02, 2024 2:07 pm
Forum: Other topics of interest
Topic: Weekly Sankey
Replies: 0
Views: 58

Weekly Sankey

https://youtu.be/qidRwL-GARU?si=gPUdHQfiIqaq-Z4M

Strong economy = great for oil & refineries.

All headlines are bullish for oil.
by Fraser921
Tue Apr 02, 2024 8:09 am
Forum: Sweet 16 Portfolio
Topic: SBOW - Kimmeridge Open Letter 4/1/24
Replies: 3
Views: 325

Re: SBOW - Kimmeridge Open Letter 4/1/24

They don't have the financing and their offer is not cash but a trade of crappy NG assets. The BOD of SBOW already shot it down.

Maybe their real goal is to put this name in play for a real bidder at 40-50 and then they cash out.
by Fraser921
Tue Apr 02, 2024 8:05 am
Forum: The View from Houston
Topic: CRK issues 375 m in new debt
Replies: 5
Views: 164

CRK issues 375 m in new debt

https://investors.comstockresources.com/news-releases/news-release-details/comstock-resources-inc-announces-private-offering-675-senior

They have to cover negative FCF with more borrowing...not good. But on bright side, there are people willing to lend them money.