“For Haynesville and Cotton Valley producers, expansion of the Panola Pipeline will facilitate continued development of their reserves by providing valuable NGL takeaway capacity for their growing production of liquids-rich natural gas in East Texas and Northwest Louisiana,” said A.J. “Jim” Teague, chief operating officer of Enterprise’s general partner. “By providing a direct link to Mont Belvieu, the Panola Pipeline offers shippers not only flow assurance but market choices with access to the largest NGL fractionation and storage hub in the world, connections to the vast concentration of petrochemical facilities along the Gulf Coast and export opportunities.”
Cooperman acquired 144,000 shares of ATLS on the open market in a transaction that occurred on Friday, January 16th. The shares were
purchased at an average cost of $27.31 per share.
The answer suggesting scientific study ahead will leave sand demand uncertain and somewhat disconnected from the rig count and wells spud. Is more intense sand use per stage impacting adjacent well performance? Listen to the call.
Those who rolled to February at $15 for a juicy credit could be happy if the dividend #$%$ the stock price through the February expiration and the Q4 call comes Feb. 23 or later. Five weeks is a long time to wait. We'll see.
Sgt. Schultz: They know noth*thing and until we know the price deck they've applied, "We are Schultz."
A story on Bloomberg this morning suggests the temperature forecast models are turning colder for the balance of January and into February. Until the company can get in front of a microphone again to tell us where they are with production and a $3.25 natural gas price, nobody seems to want to buy simply on the temperature forecast.
I suppose we should cheer a bit that natty has moved up to the $3.20 area in recent days and the temperature forecasts through February are turning bluer.
The shorts who followed Goldman's rating cut had to scramble this afternoon, popping BBG 7.9%. This percentage gain was the highest on my small cap list today.
The 7.3% pop for AXAS this afternoon was greater than the increase claimed by the other high quality small and micro cap names I follow. Obvious short covering but not many selling into the sudden strength. Sweet!
The Levitans at all times had a medical solution available for their child's allergy--antihistimes. Instead, they sought to inconvenience a planeload of their fellow passengers by suggesting they not enjoy peanuts. It was a selfish act by the Levitans and a proper response by AAL, in my view. We too often blame somebody else when we can and should solve our own problems internally. Seeking to discredit AAL is over the top.
It appears from the opening action today that Tuesday's dip may have been a one time good deal. Natural gas is a bit better today and so is MEMP.
The Brent contract for February settles this Thursday, Jan. 15 and those with no intention of taking delivery have to sell today and tomorrow to close their position. Buyers step back, Brent is pushed down, which pressures WTI, which pressures energy equities and the overall market. There are 4.5X more contracts for February settlement than there were for January settlement, thus the enhanced misery. Today and tomorrow is the window to add MEMP because as many have said here over and over, thanks to MEMP's superior hedge position, the only thing we have to fear is fear itself.
"Bob McAdoo of Imperial Capital on Monday commented that American Airlines Group Inc (NYSE: AAL) remains a top pick in the sector and the company will continue to benefit from favorable trends.
“American Airlines Group operating results have and will likely continue to benefit from strong industry fundamentals, structural changes to legacy AMR, and merger-related synergies,” McAdoo wrote. However, the analyst adds that what will be even more impactful to the company's 2015 results will be the “substantial” decline in jet fuel.
McAdoo notes that the earnings impact of the decline in fuel prices does not appear to be included in the current 2015 consensus estimates and that in the coming weeks, the Street will likely “reset” its earnings expectations.
American Airlines released its December traffic report and final 2014 investor update on Monday. The company stated that it expects fourth quarter passenger RASM (Revenue Per Available Seat Mile) to be flat to down 2 percent from the previous year's level.
Accordingly, McAdoo is lowering his fourth quarter earnings per share estimate to $1.50 from a previous $1.56 and expects the company to see revenue of $10.151 billion, down from prior estimates of $10.226 billion.
Share are Outperform rated with a $92 price target."