Not really. The raw materials cost played themselves out here this year. And PSX and the others suffered. Now it looks like new buyers are awaiting to buy????
Is at it again. He's a Wall Street patsy for sure. His stimulus has "hooked" the markets on crack stimulus. And we all know what usually happens to crack addicts. They don't last long. You can't keep "buying" an economy. Someday somebody is going to have to pay for it.
As for XCO? Shorts covering. Look at the volume before and after "bend over Ben's" statements.
Need higher NG pricing for sure. Is that in the cards with current supply being where it is? I doubt it. Will reduced production lead to higher NG prices? I hope so. I must say though I was put into this stock by a 30+ veteran stockbroker who thinks this is a $20 stock in 2 years. He says where Ross puts his cash is where you want to put yours. He also stated that other smart monies are in this company big time. And of course he expects higher likes NG pricing in the future too.
What's your whole take on XCO and its future stock price. Your post on the export facilities leads me to believe you're on top of this industry to the point where as your insight carries weight.
Wife is an international FA for United. And I can tell you there are many true professional FA's at United. I've met many of them over the years. Too bad there are so many losers who have no lives and must cast hate and immaturity to survive.
Creep indeed. A most pathetic and childish one at that. Too bad your papa didn't choke his chicken instead of making you son.
Yes NG is in a funk. Why we're not utilizing our very owned energy is beyond me. Truckers and now the rails are using NG to fuel their machines, Why our cars aren't is beyond me. But yes higher NG would help but it hasn't so far. For this year NG is UP 11%. What's XCO doing this year?
That's what some of these port facilities were constructed for...importation of NG initially. Now it's being reversed. Like I just posted I could not paste the article for it is copy protected. If I could I would have for it was a very good informative future outlook for NG summation which obviously a few here think other-wise. Maybe they could do better?.
I wish I could have posted the article I read but Schwab's stuff is copy protected for whatever reason I have no idea. The point they made was that costs are such that anything bought over $6 makes the transportation process too costly. Say what you will but the article was very complete in its numbers.
What entities have these 5 Dept of Energy LNG export facility licenses?
I read where as the price of NG can NOT be any higher than $6 (USA prices) if these entities are to continue their exporting of liquefied NG. Which would be about a 65% premium to today's current prices. So I think it's safe to say NG will not hit $6 in the near future for these current licence holders have spent big bucks to build these ports even though most of them were initially built to IMPORT NG.