If you are looking for more income like I am, you may want to consider selling call options on ARP.
The Nov 22.5's are bid at 25 cents, offered at 35 cents. Am tempted to sell some if I can get 40 cents, maybe even 35 cents.
It's more than the Cohen's.
Top Institutional Holders
Holder Shares % Out
Cooperman, Leon G. 5,230,194 7.95
Morgan Stanley 1,886,381 2.87
Riverstone Holdings LLC7,591,111 11.54
Carlyle Group L.P. 7,591,111 11.54
JP Morgan Chase & Company 1,291,403 1.96
Cushing Asset Management, LP 1,125,557 1.71
GLG Inc. 1,100,628 1.67
Guggenheim Capital, LLC 829,086 1.26
They should update their hedges in the next report. Gas prices are my main concern here.
Let's hope they locked in prices on at least some of the oil during the price rise that took place when Iraq erupted.
Nice, not too much. Prudent in my mind with the way gas prices have plunged.
: Atlas Resource Partners, L.P. Increases Monthly Distribution To $0.1966 For June 2014
Agreed, let's hear what the current hedges are. Let's hope they hedged at least some of the newly acquired oil production when prices spiked on the Iraq situation.
Oil production numbers probably won't be reflected in q2 numbers as the acquisition didn't close until the end of the quarter.
That was the essence of Peter Lynch's book, One up on Wall Street. By doing their homework, individual investors can do better than fund managers.
Most analysts and fund managers have terrible performance records. That's why index funds are so popular. Just duplicate the market and you'll do better than most of the so-called pros.
Buffet has had some real blunders, too, which he readily admits. Let me know when you find a smart analyst who has never erred.
Look, Leon Cooperman is the largest unitholder here. He's the former head of research for Goldman Sachs. Do a search on Leon Cooperman. He is like Peter Lynch and Warren Buffet.
He's been buying more units. That's all you need to know.
Gas was about 75% of production, but that was before the acquisition of more oil production in Colorado.
ARP should be updating this in its next press release and conference call. Company should also report on its most recent hedge positions.
Should be announced Friday or Monday.
Would like to get an update on ARP's current hedges. Gas prices have been tanking, and oil has also been weak. ARP's q2 reported results next month should be quite good as gas prices didn't start crumbling until about a month ago.
Here's what SANW said:
In California, we continue to not see any impact to our seed production capacity due to the drought and will likely have an update for you at our next conference call on the full outcome of the harvest which will commence at the end of July.
You are pathetic.
Mark Grewal, chief executive officer of S&W Seed Company commented, "I do not believe that our alfalfa seed production will be curtailed in any significant way by the drought. Our California production comes from the Imperial Valley, which is watered from the Colorado River, and from the San Joaquin Valley, where our seed farmers have access to well water for irrigation. None of our domestic farming is 'dry land farming' that relies on rain. Obviously, the California drought is totally irrelevant to Australia, where a majority of our seed tonnage is produced."
Sounds like a bad guy all right.
Mr. Grover T. Wickersham, J.D., MBA, Founded Wickersham & Murphy, P.C. in 1986 and serves as its Counsel. Mr. Wickersham served as a consultant to Glenbrook Capital Management. He served
as an Advisor to the Financial Accounting Standards Board (FASB) on research and development financing and as an Arbitrator for the NASD. Prior to entering private practice in 1981, Mr. Wickersham worked for the SEC for five years, first as a Staff Attorney in the Division of Corporation Finance in Washington, D.C., then as Branch Chief in the Los Angeles Regional Office and as Chief Interpretive Counsel for a Region that included California, Nevada, Arizona and Hawaii.
He has been the Chairman of S&W Seed Company since October 2009. Mr. Wickersham has been the Chairman of the Board of TTP since its formation in May 2009, and has been a Director of TTR since October 2002. He has been a Trustee of The Purisima Funds - Purisima Total Return Fund since 1996. Mr. Wickersham served as Director of Digital Video Systems Inc.'s wholly owned Nevada holding company, which holds shares of Digital Video Systems Electronics (DVSE), a subsidiary of Digital Video Systems Inc. Mr. Wickersham served as Director of Digital Video Systems Inc., from December 2003 to June 2004. He served as a Trustee of Purisima Pure American Fund and Purisima Pure Foreign Fund since 1996. He serves as Director of S&W Seed Company. He serves as a Director of Next Safety, Inc. Mr. Wickersham has been a frequent lecturer and author on corporate finance, venture capital and securities law topics for the Harvard Business School Association, the California State Bar and the University of California. Mr. Wickersham received a J.D. from the University of California, Hastings College of the Law and an MBA from Harvard University.