Search found 34648 matches

by dan_s
Sat Dec 17, 2011 3:36 pm
Forum: Sweet 16 Portfolio
Topic: ROSE
Replies: 2
Views: 1397

ROSE

IMO the market (once again) overreacted to the annoucement last week by Rosetta Resources (ROSE) that they were somewhat disappointed in their drilling results so far in the Alberta Basin Bakken / Three Forks (NW Montana). I have nothing in my forecast model for the Alberta Basin, therefore it does ...
by dan_s
Sat Dec 17, 2011 3:11 pm
Forum: Sweet 16 Portfolio
Topic: MIND price target raised
Replies: 0
Views: 918

MIND price target raised

Since Mitcham Industries (MIND) released their 3rd quarter results ($0.52 EPS), First Call has raised their price target for the stock from $21.67 to $27.20. This is the largest percentage increase in a target price that I've seen all year. My Fair Value estimate for MIND is $28.00/share. EPG member...
by dan_s
Sat Dec 17, 2011 11:32 am
Forum: The View from Houston
Topic: Oil Supply / Demand
Replies: 0
Views: 1588

Oil Supply / Demand

From the Bank of Oklahoma weekly report dated December 16: After falling 8% from Tuesday’s high to Thursday’s low, the crude oil market has now become oversold and is due for a bounce. Aiding support to prices is the growing U.S. Navy presence in the Strait of Hormuz as well as increasing U.S. sanct...
by dan_s
Fri Dec 16, 2011 4:32 pm
Forum: Sweet 16 Portfolio
Topic: GeoResources: Bakken Well
Replies: 0
Views: 2297

GeoResources: Bakken Well

CUT BANK, MT, Dec. 15, 2011 /CNW/ - Mountainview Energy Ltd. (TSXV: MVW.V - News) ("Mountainview" or the "Company") is pleased to announce an operational update on the completion of the Olson 1-21-16H horizontal well, which spudded in April 2011 in the SESE-Section 21-Township 29...
by dan_s
Fri Dec 16, 2011 11:27 am
Forum: The View from Houston
Topic: Natural Gas: Bearish Outlook
Replies: 0
Views: 1194

Natural Gas: Bearish Outlook

Summary Working gas in storage was 3,729 Bcf as of Friday, December 9, 2011, according to EIA estimates. This represents a net decline of 102 Bcf from the previous week. Stocks were 154 Bcf higher than last year at this time and 347 Bcf above the 5-year average of 3,382 Bcf . Thoughts from TPH: Gas ...
by dan_s
Fri Dec 16, 2011 10:02 am
Forum: Sweet 16 Portfolio
Topic: GTE
Replies: 6
Views: 2505

Re: GTE

Download my forecast model and you will see that GTE is on-track to generate over $320 million in cash flow this year. Per my forecast (based on $100/bbl realized oil price), GTE should generate about $470 million in 2012. More than enough to fund their capital expenditure budget. As discussed in my...
by dan_s
Thu Dec 15, 2011 6:12 pm
Forum: The View from Houston
Topic: Mountainview Energy (MVW.V)
Replies: 0
Views: 1606

Mountainview Energy (MVW.V)

I was very impressed by Mountainview Energy's presentation at our luncheon today (12/15). We had 107 attendees (a new record) and they were impressed. You can download the presentation for the Home Page. Mountainview is in a joint venture with G3, a subsidiary of Sweet 16 member GeoResources (GEOI)....
by dan_s
Thu Dec 15, 2011 4:49 pm
Forum: Sweet 16 Portfolio
Topic: GPOR
Replies: 2
Views: 1541

Re: GPOR

GPOR's drilling in the Permian and the Utica Shale will drive growth in 2012.

The Utica Shale will be drawing a lot of attention next year.
by dan_s
Wed Dec 14, 2011 9:11 pm
Forum: The View from Houston
Topic: MLP Basics
Replies: 0
Views: 1263

MLP Basics

Energy Sector Master Limited Partnerships offer investors steady cash flows and some stability in this crazy market. MLP Basics A Master Limited Partnership (“MLP”) is a type of partnership that is publicly traded on a securities exchange. MLPs combine the tax structure of limited partnerships with ...
by dan_s
Wed Dec 14, 2011 2:46 pm
Forum: Picks and tips from the EP community
Topic: New Midstream MLP
Replies: 0
Views: 1232

New Midstream MLP

NOTE: NRGY is one of 19 publicly traded partnerships on our MLP Watch List. It's current yield is over 11%. - Dan This is from Seeking Alpha: Based in Kansas City, Missouri, Inergy Midstream, L.P. (NRGM) scheduled a $320 million IPO with a market capitalization of $1.5 billion at a price range mid-p...