My just retired stock broker (who unfortunately put me into XCO) used that $20 buyout as some of the reasoning for owning it. What he didn't say was this supposed deal was all BS. It had no chance because this company is nowhere near worth that dollar amount. Obviously.
That's what to be expected down in here at these prices.
There will IMHO be a major unraveling of all these derivatives (in the trillions) in the oil world sooner rather than later when some sort of equilibrium is reached. Then watch out, for we'll see a big move in oil. In that the traders will try to get a one-up position on the trader next to them. Just like when it dropped precipitously from the $100 mark.
The loser that wrote the article has 1865 followers so he states. All relatives I'm sure. Maybe it's you. Nah losers like you could in no way find that many compatriots.
You're paranoid about our black President. Which you should be outraged over is this #$%$ bag, La Pierre, at the NRA. $18M per year compensation package who is single handily trying to buy votes and stymie our democratic way of life here. He is a #$%$ from hell.
All airlines have issues the biggest being fuel (which is positive now) unions and of course planes and the folks who fly them. Then there's the weather. Many a many issues within the airline world as any shareholder can attest to sir.
A few of these folks I'm sure are short this stock and feel good about it. Who can blame them? Nothing here to rant about other than IMHO XCO should be sold to the highest bidder (if there is one).
No. IMHO all airlines are getting sold in moderation. Many believe the oil induced "kicker" that all airlines enjoyed (price-wise) may be waning????
I fly United all the time overseas. Very good veteran FA crews I must say. How many overseas flight have you taken with LUV? Unless you're hallucinating, none. I'd take that United statement back but that's what a reasonable folk would do.
This is really a disgusting article from the point of the CEO at LUV. We all have to admit to that. They're cutting corners pure and simple. And NO I'm not short. I own shares.
Ultra Petroleum Corp. issued its quarterly earnings data on Thursday. The company reported $0.62 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.51 by $0.11, Analyst RN reports. The company had revenue of $319.05 million for the quarter, compared to the consensus estimate of $317.23 million. During the same quarter last year, the company posted $0.42 earnings per share. Ultra Petroleum Corp.’s revenue was up 41.7% compared to the same quarter last year.