Thanks, kotb…The news does sound favorable.
The Wall Street Journal
May 13, 2014, 7:28 a.m. ET
Sprott Resource Corp. Announces Confidential Submission of Draft Registration Statement for Initial Public Offering by Independence Contract Drilling, Inc…..
Do you know the time frame that is typical for this kind of review by the SEC?
Yes, the company is clearly poised to take advantage of increased demand. It may be a bumpy ride going forward, but it's likely that patience will be rewarded in the next year or so. Best wishes to you, nitwitboy1 (and haschultz).
Hello, haschultz1 and nitwitboy1...I established a NHYDY position during the 2008 debacle and added shares
since then. The stock has not performed well, but I'm holding.
BY Philip van Doorn | 01/08/14 - 01:39 PM EST
NEW YORK (TheStreet) -- Shares of Fannie Mae (FNMA_) and Freddie Mac (FMCC_) rose considerably on Wednesday, after comments at a Financial Services Round Table meeting indicated a willingness in Congress to consider the interests of private investors when winding down the two government sponsored enterprises (GSEs).
Thank you, thegreatone561, for making the kind of point that is eerily rare on this board. Some posters seem to suggest that LINE should rise at the snap of a finger after the merger, and if it doesn't, then the stock is immediately noted as an unsound investment. That said, I wonder how many posters on this board are actually investors.
December 16, 2013
....Natural gas production will grow steadily, jumping 56% from 2012 to 2040, according to an early release of an annual report by DOE's Energy Information Administration.
"Advanced technologies for crude oil and natural gas production are continuing to increase domestic supply and reshape the U.S. energy economy as well as expand the potential for U.S. natural gas exports," Adam Sieminski, EIA Administrator, said in releasing the Annual Energy Outlook 2014.
"There aren't any exports..."
U.S. Liquefied Natural Gas Exports
By Gwynne Taraska | November 5, 2013
U.S. LNG exports: Current state and new directions
In 2012, the United States was a net importer of natural gas. It imported a total of 3,135 Bcf and exported a total of 1,619 Bcf.....
The landscape of LNG exports is changing. Given the shale gas expansion in the lower 48 states and given that some of the largest markets for LNG are currently non-FTA regions such as Japan and Europe, U.S. energy companies and non-FTA countries are seeking long-term contracts for considerable volumes. Cheniere Energy, for example, which is the company behind the LNG terminal under construction at Sabine Pass, has signed 20-year contracts with companies such as Spain’s Gas Natural Fenosa, the United Kingdom’s Centrica, and India’s GAIL Limited.
Again, DOE has approved more than 6.37 Bcf per day, or 2,325 Bcf per year, in exports to non-FTA countries, and the United States is expected to be a net exporter by 2020.
Now that CHKR has declined notably, I'm adding shares, in part because of the ongoing increases in natgas exports. Excerpt:
U.S. approves additional natgas exports from Freeport LNG
Fri Nov 15, 2013 6:12pm EST
Nov 15 (Reuters) - The U.S. Department of Energy said on Friday it conditionally approved more exports of liquefied natural gas from Freeport LNG in Texas, a move that could lead to increased shipments of the fuel in coming years.
The approval is the fifth by the U.S. government since 2011 to countries with which it does not have a free trade agreement.
I never thought I would read about the Outer Banks in a message board for an MLP. ...I used to live in Kitty Hawk, and oddly enough, I recall getting to know both "solid" and shaky people from Ocracoke to Corolla. This was long before the Tea Party, though.
VE traded at $92.80 (11/30/2007) before the financial crisis. Since then, the company has been making strategic adjustments that are improving earnings. Consider:
Veolia May Raise Revenue From Oil Sector Five-Fold: CEO
By Tara Patel - Jul 5, 2013 5:31 AM PT
Veolia Environnement SA (VIE), Europe’s biggest water company, may boost revenue from oil and gas operations five-fold to as much #$%$ billion euros ($6.4 billion) in four years, aided by shale drilling and the dismantling of aging offshore platforms....
Sentiment: Strong Buy
UPDATE 3-U.S. approves natural gas exports from third terminal
RPT-US DOE approves LNG exports from third terminal
Wed, Aug 7 2013
Wed Aug 7, 2013 6:13pm EDT
* Export terminal wins approval to export 2 bcf a day
* Nearly two dozen applications waiting for export decision
* Lawmaker calls for swifter action on applications
* Industrial group warns of price spikes from exports
By Ayesha Rascoe
No one has a crystal ball, but ALSK traded above $10./share in 2011, and the recent improvements with AWN will probably push the stock higher from here.
Why Canadian Telecom Shares Popped
By Brian Pacampara | More Articles | Save For Later
September 3, 2013 | Comments (0)
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Canadian telecom stocks popped today after giant Verizon (NYSE: VZ ) agreed to buy U.K.-based Vodafone Group's stake in Verizon Wireless for $130 billion.
So what: The deal pretty much squelches the possibility that Verizon will enter Canada, removing a cloud of uncertainty over Canada's "big three" telcos: Telus (NYSE: TU ) , Rogers (NYSE: RCI ) , and BCE (NYSE: BCE ) , which up today as high as 9%, 11%, and 6%, respectively. Specifically, the size of the acquisition makes the Canadian market just too small for Verizon to play in, reigniting good vibes over the big three's oligopolistic pricing power.
Now what: It'll be business as usual for Canada's telcos. "Verizon is not going to Canada," said Verizon CEO Lowell McAdam in an interview with Bloomberg, and called the speculation over the possibility "way overblown." More importantly, with Telus, Rogers, and BCE still trading off their 52-week highs even after today's pop, there might be some value left in the group.
Charlie Munger Thinks Oil Is Absolutely Certain To Become Incredibly Short In Supply
Aug 13 2013, 09:55 | 90 comments | about: EOG (EOG Resources Inc), includes: CRUD, OIL, XOM
For the past five years I've been building a portfolio of light oil producers. My belief is that the age of cheap oil is over, and controlling as much oil in the ground as possible is an excellent long term investment strategy.
This week I came across a roundtable conversation that included Berkshire Hathaway's (BRK.A) (BRK.B) eighty-eight year old vice-chairman Charlie Munger. In my opinion, and in the opinion of many people, Munger is one of the most rational thinkers the investment world has ever seen.
Here is some of what Munger had to say about future oil prices and what he thinks should be proper energy policy:
"Oil is absolutely certain to become incredibly short in supply and very high priced....
CEO: Veolia may boost up to Eur5 billion revenue from Oil sector
IVC POST | IVCPOST Staff Reporter Updated: Jul 05, 2013 12:31 PM EDT
Veolia Environment SA was expected to boost income from oil and gas ventures by five-fold to approximately Eur5 billion equivalent to US$6.4 billion. Veolia was Europe's largest water corporation. The proceeds would be earned within four years with the help of drilling shales and dismantling of mature offshore platforms.
According to Chief Executive Officer Antoine Frerot, the hydrocardon industry was "rapidly growing and rich." In a summit held today, he outlined his plans to bring the convenience into areas more directly associated to the industry. "Profit margins are attractive."
Frerot also publicized resourcefulness that moved the Paris-headquartered business from its significant municipal water and waste deals. The utility would concentrate on developing markets and confront the "most complex" industrial waste difficulties, he added.
Veolia already earned around Eur1 billion per year from its oil and gas enterprises. This also included water distribution and treatment for offshore production system and high-pressure washing of storage tanks.
In April of '09, AAPL was trading at $90./share. The tech landscape has changed considerably since then, and AAPL has been losing its foothold. It will be interesting to see how close to $90. it will get.