Say what you want,but just look what's going on with the PPS of SE.Many investor's like myself see the potential in this company,and are jumping on the SE train as it leaves the station.Yes I said $45.00 is my target price,and I predict it will be there in the next 12 to 18 month's.Good things come to those with patience.Needless to say,the management team of Sprectra Energy is Top drawer.
Your not kidding Pro.We are already getting night time Temp's in the low30's,and had our first snowfall last evening.The whole nation is looking at a LONG COLD WINTER this year.But as you say,this equates into $$$$$$$$$$$$$$$$$$$$$ for Spectra energy.I quess you could call it a love/hate relationship with mother nature.
The purpose of the Front Range pipeline is to connect the DJ Basin to Texas, but it only goes part of the way. To get the NGL all the way there, Enterprise Products Partners, Anadarko, Phillips 66, Spectra (through DCP), and Enbridge Energy Partners (NYSE: EEP ) are working together to build the Texas Express pipeline.
Texas Express will carry NGL all the way down to Texas to be processed and is expected to come online in the forth quarter of 2013, in conjunction with the Front Range pipeline. The Texas Express will have the capacity to move 280,000 bpd of NGL, with the possibility to increase that to 400,000 bpd as market conditions dictate.
All five of these players want the same thing, to get NGL to Texas. They all stand to see significant increases in their cash flow as a result. Whether it's the fees to move the NGL, the ability to sell NGL for the highest price possible, or having more NGL to process into a final product, all of these companies rely on each other
Jerry.I tried to post the Sandell report on SE,but Yahoo won't let me do it.WHY I don't know.However I was impressed with their current assessment of SE,and the three step's needed to unlock the Shareholder value.They definitely see SE as a $45 to $48 PPS in the immediate future if their advice is taken or considered by the BOD of Spectra Energy.
The good news just keeps rolling in for this energy company.As reported this morning,another completed pipeline for Spectra.That's exactly what we investor's like ,positive news that will be boosting the bottom line.Congrat's to management.You guy's are hitting "HOME RUN'S".2014 looking to be a FANTASTIC year for Spectra Energy.
8:03AM Spectra Energy places New Jersey-New York natural gas pipeline into service (SE) 35.57 : Co announced the successful completion of its New Jersey - New York Expansion Project. The new pipeline, an extension of Spectra Energy's Texas Eastern and Algonquin Gas systems, is designed to bring customers in the region 800 million cubic feet per day (mmcf/d) of natural gas supplies, as well as economic and environmental benefits
In effect, Sandell is recommending Spectra swap its 50% ownership in DCP Midstream for ~33% stake in PSXP and proposed, newly issued, "PSXP-B" shares. It would be a tax-free arrangement for SE and the PSXP-B shares would have an as yet to be determined distribution and GP/IDR terms. In return, the combination of PSX and PSXP would own 100% of DCP Midstream. Dropdowns would be enabled from PSXP to DPM.
Mr. Sandell's letter says the specific structure and terms is not the issue here. What he wants is for SE, PSX and DCP to work together to develop a solution to maximize the value of DCP and address the two issues stated above. And of course he wants it done now. Unfortunately for him, the timetable for any deal is up to PSX, not SE or DCP Midstream. But he does own 1% of PSX, so he does have a say in the matter. I wonder if he has discussed it with Warren Buffett.
The plan makes a lot of sense from a high level view. DCP is certainly more aligned with PSX (and PSXP) as compared to Spectra Energy. Also, given the tight connection between COP and PSX, the synergies of the #7 domestic natural gas producer which also happens to produce oodles of NGLs (i.e. COP), feeding into the #1 natural gas processor and #1 NGL producer (i.e. DCP), and being 100% controlled by the duo of PSX + PSXP would appear too good to resist
Interesting that Yahoo has raised their target PPS of CYTX to $7.75 .Could this be the catalyst that we have been waiting for.ATHX & CYTX are the two leaders in the Stem cell field,and it appears that 2014 will be the "Blast Off" year for both company's.Just maybe,we will have a very Merry X-mas,and a VERY HAPPY NEW YEAR.
Six posts in less than 2hrs.Yes Topsecret you are feeling the pain.Buy the shares out there for $4.50 ask,and stop the pain.LOL.===========If anyone is considering selling,keep the ASK at $4.50.Make these shorts pay the price.
Ha Ha. I use to own that "PIG",when it was called NUVO,and the CEO was a Black guy named Ted Love.It will fly alright when the Pigs fly.LOL
Yahoo will not allow link to BS article.Type in Adam Furestein in search mode to read article.
We're all still here.JK walters.Where in the hell did you come from "SHORTY".I've been on here since 2009,and I don't ever remember seeing your post's before.Just because the Longs don't post ever 15 minutes like you SHORTS,doesn't mean they have left the game.Standing on the sideline waiting to hear what Chris Calhoun & Co.have to say today.Yes,we are in the Red Zone,and we are going to score.
Cytori Receives $12 Million for the First Installment from the Lorem Vascular Partnership Equity Agreement
YES JK the 12 Mill is in hand,with 12 more coming before end of year.Not a fairy tale story hear.Just cold hard cash,and the Conference call is only hours away.
Titan.I listened to the ATHX call,and you have to admit,their was "EXCITEMENT" in their voices.The part where he said if the coming phase 2 trial results are positive that it would have a huge impact on the PPS of ATHX.2014 is looking to be a FANTASTIC YEAR for ATHX.
In the ATHX call today,they said that "BIG PHARMA" is now starting to take notice of the company's in the Regenerative medicine field,and it is only a matter of time,before they step forward and want to partner on various indication's .So it looks as though that 2014 is going to be a "BLOCK BUSTER year for both ATHX and CYTX.Did you hear that AF.