CBRE Clarion Global Real Estate Message Board
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Terms of Deal Not Disclosed
you have to google Gushor to check out the Geochemistry Company as can't post any links here -
The U.S. rotary rig count was up 6 at 1,771 for the week of June 14, 2013. It is 200 rigs (10.1%) lower than last year.
The number of rotary rigs drilling for oil was up 6 at 1,412. There are 8 more rigs targeting oil than last year. Rigs drilling for oil represent 79.8 percent of all drilling activity.
Rigs directed toward natural gas were down 1 at 353. The number of rigs currently drilling for gas is 209 lower than last year's level of 562.
Year-over-year oil exploration in the U.S. is up 0.6 percent. Gas exploration is down 37.2 percent. The weekly average of crude oil spot prices is 15.6 percent higher than last year and natural gas spot prices are 68.3 percent higher than last year. Daily crude oil and natural gas futures and spot prices are available on our site.
Canadian rig activity is up 24 at 176 for the week of June 14, 2013 and is 72 29.0%) lower than last year's rig count. The number of rigs drilling for oil was up 26 at 126 and is 72 (36.4%) lower than last year. Gas directed rig count was down 2 at 52 and is unchanged from last year. Canadian drilling falls rapidly in the spring to avoid environmental damage moving drilling equipment during the spring thaw and rainy season. With wide weather related seasonal swings, even year-over-year comparisons can lead to incorrect conclusions.
Monthly: International Rig Counts
International rig count, which excludes the US and Canada, was up 33 to 1,301 for the month of April 2013 and is 123 rigs (10.4%) above last year's 1,178 rigs.
The total number of rotary rigs worldwide in April was 3,209 down 279 from March and 89 (2.7%) lower than last year. -
$FTK - Flotek Industries Stock Rating Lowered by Zacks #FTK
Flotek Industries (NYSE: FTK) was downgraded by Zacks from a “neutral” rating to an “underperform”
this was tweeted yesterday, as Zacks is a Premium service, I am not able to access since I'm not a member
anyone with access care to list the reasons for the downgrade
tia - Reply to
Hahahahaaha ha covered 17.60 thank you y'all idiots, laffing my heads off
by mikevu36 •Jun 11, 2013 9:41 AMIrie Man
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Hahahahaaha ha covered 17.60 thank you y'all idiots, laffing my heads off
by mikevu36 •Jun 11, 2013 9:41 AMMust be a cheap place you're staying at, because there were only 600 shares at $17.60 traded, that leaves you with a $240 profit
Maybe you are only staying for 1 night, either way, congrats on your profitable trade - Reply to
Confference early tomorrow, check FTK website for slides tomorrow
by justrealplease •Jun 10, 2013 10:52 AMPresentation is available at FTK website
click on investors, then presentations -
HOUSTON, June 7, 2013 /PRNewswire/ -- Flotek Industries, Inc. (NYSE:FTK - News) ("Flotek" or the "Company") today announced that the Company will present at EnerCom's London Oil & Gas Conference on Tuesday, June 11, 2013 at 11:15am British Standard Time (6:15am Eastern Daylight Time). John Chisholm, Flotek's Chairman, President and Chief Executive Officer, will provide an overview of the Company during the presentation.
A webcast will be available via the Company's website,
A copy of the presentation will also be available on the company's website coincident with the presentation.
In addition, Mr. Chisholm will present at the Global Hunter Energy Conference on Tuesday, June 25, 2013. The Company's conference presentation, in Chicago, will be at 4:00pm CDT. This presentation will also be webcast and the presentation slides available on Flotek's website coincident with the presentation. - Reply to
What did I tell you????? Market is up too fast too much and it is time for correction and taking FTK along with it
by mikevu36 •Jun 5, 2013 2:56 PMAs opposed to the useful info you post ?
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North American Rotary Rig Counts
The U.S. rotary rig count was up 9 at 1,771 for the week of May 31, 2013. It is 209 rigs (10.6%) lower than last year.
The number of rotary rigs drilling for oil was up 8 at 1,410. There are 24 more rigs targeting oil than last year. Rigs drilling for oil represent 79.6 percent of all drilling activity.
Rigs directed toward natural gas were unchanged at 354. The number of rigs currently drilling for gas is 234 lower than last year's level of 588.
Year-over-year oil exploration in the U.S. is up 1.7 percent. Gas exploration is down 39.8 percent. The weekly average of crude oil spot prices is 7.8 percent higher than last year and natural gas spot prices are 75.2 percent higher than last year.
Canadian rig activity is up 14 at 145 for the week of May 31, 2013 and is 11 (7.1%) lower than last year's rig count. The number of rigs drilling for oil was up 14 at 89 and is 27 (23.3%) lower than last year. Gas directed rig count was unchanged at 56 and is 16 (40.0%) higher than a year ago. Canadian drilling falls rapidly in the spring to avoid environmental damage moving drilling equipment during the spring thaw and rainy season. With wide weather related seasonal swings, even year-over-year comparisons can lead to incorrect conclusions. -
(Updated - May 30, 2013 8:06 AM EDT)
Morgan Stanley downgraded Halliburton (NYSE: HAL) from Equalweight to Underweight with a price target of $37. Baker Hughes Incorporated (NYSE: BHI) was also downgraded to Underweight with a price target of $46.
The downgrades are part of a broad view of the oil services drilling and equipment sector. Morgan Stanley cut the sector to in-line from attractive due to concerns about revenue growth, which it sees slowing from 16% to 5% for the rest of the decade. -
North American Rotary Rig Counts
The U.S. rotary rig count was unchanged at 1,769 for the week of May 17, 2013. It is 217 rigs (10.9%) lower than last year.
The number of rotary rigs drilling for oil was down 4 at 1,408. There are 40 more rigs targeting oil than last year. Rigs drilling for oil represent 79.6 percent of all drilling activity.
Rigs directed toward natural gas were up 4 at 354. The number of rigs currently drilling for gas is 246 lower than last year's level of 600.
Year-over-year oil exploration in the U.S. is up 1.9 percent. Gas exploration is down 41.0 percent. The weekly average of crude oil spot prices is 1.7 percent higher than last year and natural gas spot prices are 59.4 percent higher than last year.
Canadian rig activity is up 5 at 123 for the week of May 17, 2013 and is equal to last year's rig count. The number of rigs drilling for oil was up 5 at 70 and is 6 (7.9%) lower than last year. Gas directed rig count was unchanged at 53 and is 6 (12.8%) higher than a year ago. Canadian drilling falls rapidly in the spring to avoid environmental damage moving drilling equipment during the spring thaw and rainy season. With wide weather related seasonal swings, even year-over-year comparisons can lead to incorrect conclusions. - Reply to
Investment analysts at RBC Capital lifted their target price
by justrealplease •May 22, 2013 3:33 PMAAV upgraded by Scotiabank from sector perform to outperform & ups TP to $6.25 from $5.00
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Investment analysts at RBC Capital lifted their target price
you can find details on twitter -
News for 'AAV' - (*DJ Advantage Oil & Gas Raised to Sector Outperform From Sector Perform by Scotia AAV.T)
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Fisher Marc Kevin Disposition of 6,000 shares at $16.84/share in a open market sale of shares.
REILAND JOHN Disposition of 19,626 shares at $16.83/share in an open market sale of shares. -
thanks for the additional info.
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reading your post and using some of the numbers, 40mil. net - 3.5 mil cost of debt gives call it 37mil net
shares outstanding will be 47.7 mil + 3.3mil giving 51 mil s/o
this would result in additional income per share of approx $0.73 / year or $0.18 / qtr.
am I thinking right? -
just checked it out, down 43% for the day so far, ouch
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I agree, good move by FTK. CEO mentioned that this purchase would be immediately accretive to Flotek shareholders and I appreciate your opening the topic to discuss how much. I do remember in the cc that around 20% of Florida Chemical's Rev. was from Flotek. just wanted to add that to the discussion
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Covered 15.42 after hour yesterday and shorted again at 17.25 when this pos jumped over 17 on DILUTED news
by mikevu36 •May 10, 2013 10:10 AMLooks like you are a pretty BIG Player if indeed that was your trade at $15.42 after market yesterday
congrats