Search found 3059 matches

by Fraser921
Sat May 08, 2021 1:32 pm
Forum: Picks and tips from the EP community
Topic: GDP
Replies: 3
Views: 1101

Re: GDP

I took a closer look this am. Gdp has a negative working cap that eats into the available revolver. They just completed 3 prolific wells and if prices hold up, they will be in better position to pay them off next year

Since things are getting better, maybe there could be an opportunity here.
by Fraser921
Fri May 07, 2021 4:21 pm
Forum: Picks and tips from the EP community
Topic: GDP
Replies: 3
Views: 1101

GDP

I like the company but hate the 3rd lien debt 13.5 % interest and if you adjust for the conversion factor its costing 20 % They keep paying in kind. Use the bank line to pay if off and save 4 m year 30 cents per share. Make me wonder if the CFO can influence the boss with common sense. They will hav...
by Fraser921
Thu May 06, 2021 8:40 pm
Forum: Picks and tips from the EP community
Topic: Hemisphere Energy (HMENF) Update - May 6
Replies: 5
Views: 1476

Re: Hemisphere Energy (HMENF) Update - May 6

I read it and bought it. Giddy up

I never realized all the oil they have up there.
by Fraser921
Wed May 05, 2021 7:09 pm
Forum: Sweet 16 Portfolio
Topic: Earthstone Energy (ESTE) Q1 Results - May 5
Replies: 1
Views: 807

Re: Earthstone Energy (ESTE) Q1 Results - May 5

Nice!

Dan you are on a roll!
by Fraser921
Wed May 05, 2021 10:04 am
Forum: The View from Houston
Topic: EIA Weekly Petroleum Report - May 5
Replies: 2
Views: 784

Re: EIA Weekly Petroleum Report - May 5

People are pouring into the oily stocks. I guess they just read the email

Even ESTE is participating. :))
by Fraser921
Wed May 05, 2021 8:23 am
Forum: Picks and tips from the EP community
Topic: Magnolia MGY
Replies: 1
Views: 760

Magnolia MGY

https://static.seekingalpha.com/uploads ... iginal.pdf

This one has no oil hedges and great balance sheet Hello
by Fraser921
Tue May 04, 2021 4:09 pm
Forum: Sweet 16 Portfolio
Topic: Comstock CRK
Replies: 2
Views: 930

Re: Comstock CRK

Looks like they beat if you ignore the one time QTR BILLION WRITE OFF. Sorry its the beancounter in me. Headline says they beat by 108 %

I hate these things they now have a Negative net worth due to these 1 time no cash write offs, lol.
by Fraser921
Tue May 04, 2021 3:23 pm
Forum: Sweet 16 Portfolio
Topic: Comstock CRK
Replies: 2
Views: 930

Re: Comstock CRK

- The net loss in the quarter included a $239 million pre-tax loss on the early
retirement of the senior notes

how do you lose a qtr billion on refinancing notes? WOW
by Fraser921
Mon May 03, 2021 12:19 pm
Forum: Sweet 16 Portfolio
Topic: Antero Resources - AR
Replies: 0
Views: 693

Antero Resources - AR

New presentations company https://d1io3yog0oux5.cloudfront.net/_141e89fa9bc11924296f28c7c1df6e40/anteroresources/db/641/5817/pdf/AR+Website+Presentation_May_UPDATE_04.27.21_vF.pdf LPG arb weekly https://d1io3yog0oux5.cloudfront.net/_141e89fa9bc11924296f28c7c1df6e40/anteroresources/db/713/5818/pdf/In...