I'm curious is you following my lead into PVA around the 52wk low? Apparently according to BENZINGA BP submitted a bid to buy them out. Just curious and for the naysayers another example of the value of my research.
PVA has received a bid offer to be bought out by BP. posted on BENZINGA. Hope you took my advice and bought their bonds or stock
my work is done, i have uncovered enough facts and put to bed enough fiction to even the playing field for mom and pop investor Bluedream, a pleasure, glad you learned sometime, least i could do and if i have benefited 1 investor then it was worth it. Good luck sons.
good logic down from $26 and goes up 24 cent, it may go higher, if it does good for you. my concern is the misinformation being posted. If you invest at least you now have all the facts. And hopefully understand the risk.
here's more research for you, go to the eia.gov website and you will see propane is .36 a gallon down almost a dollar in the last 18 months, (large part of ngl is propane) and the report on deflation is service/drilling prices : "For the first quarter of 2015, ending March 31, a group of 14 drilling companies represented in the OSX index (an index of oil and gas service companies) experienced a first-quarter year-over-year decline of 91% in net income, decreasing from an aggregate net income of $4.0 billion to $352 million."
And you say no fundamental reason for decline....wow! stop wishing and hoping son.
And if you want more of my free analysis look at the gdp board, since $10 a share I worked post pages of analysis, how their cashflow and debt were unsustainable and look i saved those folks who listened an 85% loss
again more rhetoric, care to challenge the facts, declining production, limited asset to leverage, lower prices realized, lower rig count, circumventing of the Min. Q. distribution by creating new idr's, higher debt, margins under pressure on service side, limited scale and no competitive moat, gap to fund current liabilities vs. my dyslexia? Again where's your evidence to refute the facts? Son you are out of your league, you realize that all their acreage is non-operated right and the operator who is in a lawsuit against NSLP and is withholding the cashflow pending the resolution of the lawsuit as per the 10k page 28 I think it was.....You have yet to PRODUCE anything of dispute, refute or challenge the facts I have generously laid oout for you to help you save what money you have left.....instead this is all you can provide
"""so your REPEATED posts about LNG instead of NGL was just a clerical error, huh?
Hey you guru of the energy sector, how did you make such a clerical error NUMEROUS TIMES?
You are funny. Actually, you are ridiculous."""
I maybe dyslexic but it didn't stop me from becoming one of the top energy analyst and oil men of my state when I was still in the private sector and continues to make me a very successful investor. Do you honestly think I'm the one effecting the downward price, I'm good but not that good, the reason is many have beat you to the door because they took the time or paid someone like me to do a deep analysis of the viability as NSLP business model in this current macro environment.
I mean it, what I have given this board is a gift.
Now, I ask again where your evidence that what I have posted is wrong? Is it in the 10k, the presentation, is the price of ngl $40 or around $10, is the rig count 1600 or below 670...
Time to grow up. Be a man and if you are going to fight with me bring a 10k and not childish rhetoric, because with rhetoric you may feel superior at your keyboard but that isn't going to fund your retirement.
I appreciate that, it is amazing isn't it, like the leverage conversion saying it's lower then other mlps when other mlp's mainly have assets that can be secured to raise leverage where as NSLP is mainly a service provider and banks won't lead money secured by equipment, they will however lend money backed, secured by reserves and/or a toll road, a pipeline. It's a fundamental difference, not all mlp's are the same much like not all reserves are the same. And explains why their only option to raise capital was the expense convert. PR at 11% and dilute the underlining value of the unit base upon conversion. It's another example of how some posters have mislead others into believing it's a very safe investment....Mlp is like saying car, it is a porche or a station wagon, each are valued differently.
that's funny, try again, how about disproving that production is in decline? you can#$%$ in the presentation. Idiot...
This is why I post because their are so many under-educated, lazy, moronic persons like you who dare to call themselves investors and inadvertently lure good people into thinking it's perfectly safe when it's not , like your pal Traderetard who was recently sailing around other boards trying to promote this as a smart 20% yield. Being a successful investor it's my duty to repay the markets by giving what people use to pay me for for free. It's a pet project. your welcome.
nothing to say about the numbers from the presentation with the current price deck applied and the production profile which by your own post proves you know next to nothing about the company...You have proved or I have that you are as sharp as a spoon Leggieanna.
Again I post facts from their presentation and apply current prices and prove their cashflow is under pressure and the best you can do is rhetoric. Guess that's a win for me.
When will you learn, please at least try to run your own calculations and refute the facts.
It's good you can laugh after losing so much money. It's brave.
Sentiment: Strong Sell
Again, no analysis with your post, nothing to refute hwat's stated in the 10k and presentation. I have again posted fact from their presentation and applied current prices and proved my argument and the best you or anyone can do is respond with rhetoric.
Thank you I see I am right after all. It's good you can still laugh after losing so much money.
see it doesn't matter if the letter are disarranged or a word misspelled it doesn't change the facts. Are you starting to see the forest through the trees.
That's funny, good one, gee Martha considering the vast majority of NSLP production is NGL whose price is down 30% in the last q and unhedged, how does that effect their guidance? Here's some more facts on their production profile
LNG oops....NGL = 2107 bpd
oil =409 bpd
ng boepd= 1209
at a break even cost of 12$ stated in their presentation which doesn't include interest servicing on debt abd Pr and corp cost, at current prices thier NGL prodction which makes up 60% of the profile is unprofitable, the NG is a little above break even and the oil which account for approx. only 11% of production is profitable as a stand alone but combined within the total profile the margin is paper thin. So the thought of the e&p side generating 6million in dfc is impossible in the current price environment. Did i make another clerical error, I think not. as well they produced 3889boe in q1 and have guided production of 3500-3800 which means a DECLINE and fewer barrels to spread the fixed cost across therefore eroding the profit and cf margin....So there you are directly from your sacred presentation and company guidance. All fact not fiction. So smart guy how do you dispute that.
Pts: 1) production in decline 2) majority of production is NGL which at current price is unprofitable 3) guidance from E&P segment is over estimated.
All ears, have at'er son.
And son the things you call "lies and theories" are well defined economic principles of cashflow analysis used be virtually all professional investors and banks, which is why the bank called in their credit line and they had to issue costly convertible PR's to make up the short fall. Apply a little logic please
Go ahead hang your hat on a typo sunshine. Again you post numbers from a looking forward stmt, that are an assumption, where as mine come from the 10k, go ahead dismiss them if you like... but the facts are the facts....nothing to say about them not drilling a single well this year because they said, not me, that it is uneconomical to do so, nothing to say about the deflation in pricing of services, nothing to say about the stock down 50% in 3 months and the PR down 18% in 2 the weeks they have been public...I understand you are in a pickle and have nothing to come back with but LNG NGL's pretty weak son. I'm adding you to the class as well. So that is how you make investment decisions, based on guidance? You don't actually look at the present conditions, demand, price desk, rig count...it's disappointing none of you are willing to actually read the 10K and use a calculator. Go ahead, if current production is "X" and the current price is "Y" and there fixed cost are "Z" then are they making their guidance or not? Come on actually do a little basic analysis. It's your money right? Aren't you curious? I dare you to do it and post it! Wouldn't that be the way to shut me up? or shut you up.