Company is doing great and will continue to do very well over the next few years. However, the Oil Sector is getting crushed and unfortunately this is the sector we are in. Also, watch short term rates as it seems when the 10 year yield rises we sink.
Maybe you don't understand last quarter's distribution was affected by the weather. This quarter's was not. So wouldn't it make sense that this quarter's distribution for HCLP would be higher? Not sure how you don't understand this.
EMES in the long run. This overhang from the secondary needs to work its way out first though. I think once the allotment is placed it makes a strong run up to $120.
North America, second quarter revenue increased 11% and operating income was up 31% compared to the first quarter of 2014, outpacing a 4% increase in the United States land rig count. Service intensity levels continued to expand, as completion volumes per well were up more than 35% compared to the second quarter of last year.
â#$%$œWe expect North America activity levels to continue to improve, with margins approaching 20% in the third quarter. We have concluded based on the strength of this outlook that we will immediately accelerate additions to our hydraulic fracturing fleet and logistics capabilities, with new crews available for service beginning later this year.
If I were the one handling the secondary I would do the same. Short above the $109 secondary price and then buy the shares back at $109 when it is distributed. Makes sense to me. Plus if you watch the price action it can't hold above $110 at all so someone is shorting this thing hard when it does.
Shorting the stock and then buying the additional shares being offered at $109. I believe July 20'th will be 30 days of when the offering closed. After this overhang game is over the stock should start back up to test the old highs. Just my opinion of the current price action.
Whiting just purchased Kodiak to become the larger producer in the Baaken. Here is an excerpt which is very interesting:
"For example, Peterson actively touted Kodiak's use of expensive ceramic proppant during the hydraulic fracturing process to hold cracks open in shale rock and extract oil and natural gas. While pricey, ceramic proppant is considered by Peterson and some others in the industry the best way to increase production.
Whiting, however, does not widely use ceramic proppant, and it wasn't immediately clear if Whiting would cut costs at Kodiak once the company is absorbed.
Well they are basically sold out for the foreseeable future so when it turns let us know. But with new capacity coming on line you are looking at adding at least another $2.50 to $3.00 to the bottom line next year.
All you have to do is just read DJ's posts. I've never seen a man cry like Jimmy Swaggart before.
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 19, 2013. Are people really that stupid In the market?
Theses idiots are still in the stock it seems, until they get washed out we keep going down.
No meds for those idiots today. Maybe it will wash that clown out tomorrow.
SOB should take some meds.