I googled Tim Seymour CLNE here is NOV 2013 results
Monday, November 18, 2013 Last Update: 10:17 AM ET
FM Charts: Technical Interpretation
Selected Charts To Complement Yesterday’s CNBC’s “Fast Money” FINAL TRADE Recommendations COMMENT: If you follow CNBC’s Fast Money program, you will be interested in our interpretation, from strictly a technical standpoint, of the stock charts for those companies mentioned in yesterday’s FINAL TRADE. Our comments are neither an endorsement for, nor a condemnation of, the opinions given on the program. All charts are based on End-Of-Day data, and do not take after-hours market activity into consideration. Yesterday, on CNBC’s FAST MONEY program, in the segment “FINAL TRADE for Friday, November 15”, the stocks discussed included the following:
FAST MONEY ANALYSTS and their Friday RECOMMENDATIONS:
Tim Seymour: Clean Energy Fuels Corp. (CLNE) - Buy
Steve Grasso: The Walt Disney Company (DIS) – Buy
Brian Kelly: iShares MSCI Mexico Capped (EWW) – Buy
Guy Adami: Cisco Systems, Inc. (CSCO) - Buy
I thought that CNG would work well in the less populated plain states. Most Have a county High school, this town usually also the County Seat, so it has all the state, local and Federal Government units in this town.
Have a central fueling station at the High school, or federal buildings , Use a credit car for purchases, this way HS buses and federal pickups ( NRCS has 7 pickups in Bowman county ) could refuel as required. don
these are Dec 2013 production numbers for Fidelity , using Utah oil +gas records.
22 total wells, 6 wells listed as shut in. 1 plugged and abandoned, 1 well that is supposed to be producing , but had NO oil or NG production.
4 wells produced for 20 days or less and produced 5,638 BO
10 wells produced for 21or more days in Dec and produced a total of 106,021 B0.
the top 4 wells produced 27,834,26,067,22,358, and 20,994 BO, all out of the Cane Creek formation.
Fidelity also indicated in the Earnings CC that they were building a NG pipeline and a NG processing plant in 2014.. if you got some info, please share. don
( MDU ) fidelity exp is expanding to 2 rigs and could drill a dozen wells this yr in paradox basin.. they bragged a couple of the wells production at the last Earnings call.
I also heard SWN is moving into this area.. any comments or knowledge anyone wants to share.. don
google ( 1804 operating ) ( 1804 was the yr the lewis and Clark arrived in ND and wintered...
from the company info. don
1804 Operating owns and operates saltwater disposal wells (SWDs) in North Dakota. We focus on minimizing total water costs for our operating customers with state of the art injection facilities and the most efficient handling of truck traffic possible. Our facility design utilizes Baker Centrilift injection pumps to maximize throughput. We employ a multi-level filtration system to minimize well downtime. Our facilities have a minimum storage capacity of 3,000 barrels. The location of our wells are convenient and easy for truckers to access. In addition, four truck bays at each facility provide rapid unload.
Our facilities were designed to save you both time and money. Contact us to discover how 1804 Operating can partner with you to meet your fluid disposal needs
GILLSBURG, Miss. (AP) -- Residents living above an oil-rich shale formation that stretches across southwest Mississippi and Louisiana have been waiting on a boom for years. A steady trickle of drilling is already boosting the rural region's economy, and spending by two oil companies could make 2014 the year that many other locals finally cash in on the oil far beneath their feet.
Already, Max Lawson has spent hours watching the round-the-clock work of shoving pipe into the ground in his back pasture. The process began two years ago when Encana Corp. built a big gravel pad, but didn't take off until late last year when a convoy of 200 trucks carted in a drilling rig and other equipment to bore into the earth looking for oil.
"They call it the Gillsburg Christmas tree," he said while standing near the brightly lit rig. "It looks like a little city over here at night."
Gillsburg and surrounding Amite County lie above a prime section of the Tuscaloosa Marine Shale, a geologic formation that stretches in boomerang shape across Louisiana's midsection and into southern Mississippi. Drillers have known about the formation north of the Gulf of Mexico for years, but affordable technology to remove the oil from the shale's tight pores was slow to develop.
Thanks partly to advances in hydraulic fracturing techniques, Encana Corp. and Goodrich Petroleum plan to spend hundreds of millions of dollars in the area in 2014. So far, Goodrich and others have drilled more than 30 wells across the region, trying to find the right methods
AP ran this story today , just google ( Shale brings high hopes in Mississippi, Louisiana )
So they have some SWD wells that can take extra capacity, they just charge other producers to dispose of their salt water. there are several companies doing this in the Bakken for a fee. don
IN SW ND the MDU bill arrived today.. this billing period is from Jan 22 thru Feb 18, 28 days..The bill is divided as
1. A basic service charge of .30 cents per day.
2.delivery distribution charge, 11.6 dk at .812 cents per dk
3. Jan cost of gas 4.1 dk @ $4.842 per dk ( a dk is 10 therms )
4. feb cost of gas 7.5dk @ $ 5.515 per dk
5.DDSM( dist delivery stabilization mechanism) ( - $ 1.14 )
this is a correction in the exact total fuel delivered to residence .
6. Interm Adjustment $ 2.79 ( MDU is in the process of a NG rate adjustment )
so the NG charge for the 28 days in this billing cycle is $80.68
the sq ft of home is 1288 sq ft..per floor we do not use basement but it is insulated and finished, we only have 1 heat out let open the basement
This $ 80.68 also includes the NG hot water heat..
a 1 year chart of MDU shows a persistent move from lower left to upper right on a chart. there are several momentary pauses. The simple moving average of MDU is 20 days, $ 32.90, 50 days $ 31.30 and 200 days
$ 28.73. don
part 2 The E+P unit has gotten over the hangover of selling ( giving away ) in 2009 those Bakken Assets , Go to OAS and look at one of there pdf presentation , on the North cottonwood and cotton wood fields.. OAS is drilling these acres and making money.. this could all be owned by MDU, but it is not.. so when OAS went public I bought a boat load..was a great investment;
So the first 2 months of temps in MT and ND , the main MDU elec /NG service area have been cold. today was the 33 day of below 0 for a over night low.. when normally it would be about 12 days.. So lots of elec, and NG will be sold this qtr.
The price Fidelity receives for its NG is going up, I realize much of it is sold on contract, but the price for future contract is also going up..
So now at $ 35 how much more will mdu go up??? they are trading approx. 21 times next yrs earnings.. So I have a projection of $35.85 for a high this yr.. who knows.. I have been wrong before, and will be wrong again..
So this is how I view MDU today, probably more then you wanted, but you ask..
If you go back to Dec 31st 2012 the MDU stock price closed the year at $ 21.24, this also was the LAST day approx. of Hildebrand the OLD CEO.. In the first weeks of 2013 I expressed my concern that Goodin ( who has worked in MDU , like forever ) would be a identical cookie to his processor..
that the current CEO may have had only work/life experience and Nothing in MDU would change.
If you go listen to the Earning, anylsts conference call previous to Jan 2013, the CEO was kinda like YA da , YA- da yada..or as I say , he did not know if he was afoot or Horse back..Sure we have had a H of a recession, But the Gov says that ended in July of 2009..
So then listen to Goodin and the same MDU execs in a first or Current CC.. Are they Perfect ,, Heck NO.. are they sounding /acting like they know what the heck they are doing..YES the do.. And I would say that so FAR everything they had said they were going to do by a certain date, it was done..
Back in May of 2012 I posted What I though was the Break up value of MDU and it was $ 33.00 and change..
So in the last 14 months, MDU has added 8-9 % in the customer Number in NG and elec sales, they value of Knife river has gone up ( they have opened up/bought facilities in 3 western ND towns)
The 1+ Billion yards of Aggreate in the ground is better then Money in a bank, go try and get a permit in MN for a gravel mine..
They formed a venture with Calumet on a Diesel Refinery ( and You know how hard a refinery permit is to get ) and at this time they are on schedule, but a Little over on the budget side.( one negative )
The WBI division has announced a NG pipeline, ( and if WBI does not build this , Oneok, or Williams, or Enbridge or someone will ) cause there is so much NG in ND..
The construction services has a huge back log, I forget the numbers right now, but they are big and growing. don.
Today would be a good day to issue some MDU equity , the way I understood the End of yr CC was that this equity would be issued from time to time.
Light Snow here is SW ND, and then the COLD comes to us and All points East and South.. Will we see $ 10.00 NG on a spot price, D Gartman says it is possible.. I was also under the impression that if MDU hits $ 36 that the water in Hades would solidify.. don
eia.gov/forecasts/aeo/er/pdf/0383er(2014).pdf ( byt he year 2020 the USA will export 6 Trillion Cubic ft of NG a year ) . don
In the AEO2014 Reference case, total U.S. energy-related emissions of carbon dioxide (CO2) remain below the 2005 level in
every year through 2040. Projected emissions in 2020 and 2040 are, respectively, about 9% and 7% below the 2005 level.
In AEO2014, CO2 emissions associated with U.S. industrial activity (including CO2 emissions associated with the generation
of electricity used in the industrial sector) begin to surpass emissions from the transportation sector in the middle of the next
decade for the first time since the late 1990s. In the transportation sector, as a result of new fuel economy standards, biofuel
mandates, and shifts in consumer behavior, emissions from transportation sector use of petroleum and other liquids generally
decline or remain stable from 2012 through 2040. Emissions from energy use in the commercial sector increase more rapidly
than in the residential sector, and in 2040 emissions from these two sectors are about equal. In the electric power sector, CO2
emissions from coal combustion decline after 2029 as more power plants are fueled by lower-carbon fuels, including natural gas
and renewables. However, the lower level of CO2 emissions in the electric power sector because of the reduced role for coal is
partially offset by less projected generation from nuclear power. Generation from nuclear power in AEO2014 is 10% below levels in
AEO2013 in 2040 as a result of increased nuclear plant retirements
Article appears in Barrons, long article for those interested just google above subject line for complete story. don
The $500 billion master-limited-partnership sector is the sausage maker of the investment world. Buyers love the yields -- now averaging about 6% -- but many know little about how the yields are generated. And Kinder Morgan, the country's largest energy-infrastructure company, may be the biggest sausage maker of them all. The publicly traded companies in the Kinder Morgan family own or operate 80,000 miles of pipelines carrying natural gas and petroleum products, and 180 terminals that store oil and other commodities. The company also produces oil from mature fields in Texas.
In all, the Kinder Morgan complex -- Kinder Morgan Energy Partners (ticker: KMP), Kinder Morgan Management (KMR), Kinder Morgan Inc. (KMI), and El Paso Pipeline Partners (EPB) -- has an enterprise value (market value plus net debt) of over $100 billion, ranking it third behind only ExxonMobil (XOM) and Chevron (CVX) in the entire U.S. energy business. Last year, the company distributed more than $4 billion to public shareholders.
The bull case for the Kinder Morgan companies is that they offer a high-yielding way to participate in the booming U.S. energy infrastructure build-out. Bulls invoke the toll-road analogy, saying Kinder Morgan and its peers generate the bulk of their revenues from stable, government-regulated returns on their pipeline assets.
With a motto of "run by shareholders, for shareholders," Kinder Morgan has generated superior returns since 1997, when CEO Richard Kinder took over. Those gains could be difficult to sustain.