I think best news that's going to move the stock would be that he is devoting the lion's share of 2012 cap exp to Eagle Ford and to a lesser extent the Baaken.
EFS is where the oil is, and that's what the market wants to see.
See Slide/Pg 9
Bet this is who we are targeting
Close to our acreage- our pipeline makes close fit also.
it's not like we have a whole lot of Utica acreage. Most of it is in the more mature dry gas window. Although we have some in the wet gas window. I'm very interested to see if there is any oil in the less mature side of the play. I'm not convinced that the Utica is all that great. Though Chesapeake has done a wonderful job marketing it. I read a few days ago about, I think it was anadarko completing a utica well, and I think their ip rate was just a little over 1mmcf/d dry gas. I'm hoping that the eastern side of the utica is full of oil. I'm also hoping that maybe in exchange for allowing private investors into the pipeline, maybe Gary is getting a hell of a deal on some oily Utica acreage.
I've never bought any options before. Although I'm sure if I studied them they could probably help my short term trading strategy out a bit. I have read about them and I understand selling and buying calls and puts and writing them. The volume and open interest kind of confuses me. But I've learned things in the market usually take longer than you'd expect so I try to stay away from them. MHR is the perfect example ha. But I would assume that the MHR Jan 20th 5 call could be exercised up until Friday. So isn't it strange that that contract is down .65 cents to a dollar today? I don't subscribe to deep book data for options but it shows 2 contracts on the ask at a dollar and 40 at $1.05 on the ask. Again, I have never really looked at option quotes, so that could very well be 200 and 4,000 contracts. Did you look at the options? Did anything catch your attention?
honestly...... I think the value will be MKR buying some more producing assets and then splitting off the pipeline assets. this stock is doing "so so", but management is doing great and producing the results one looks for in a well run company. enough said.