From today's market action they must be expecting a poor report tomorrow. My guess is that 50+ is expected tomorrow. Based on the weather that expectation may be justified. 50+ may even bring the stock up a bit as long as it is not 60+.or...shiver to think...70+....
In spite of the stock sell-off with super low oil prices it is actually good for the oil shippers. It insures that oil will continue to be shipped. Substitutions of LNG, NG or other forms of energy are less likely.
Though by the price of the stock you would not know it. Maybe I am missing something. The entire shipping industry is taking a hit.
What a sell-off. Is this the proverbial falling knife or a manipulated bargain? I need to see tomorrow's report. Not taking any chances here though part of me sees this price a a super steal...
Wall street can do whatever it wants with impunity. However I agree that in the longer run UPL's low cost structure should leave it standing and eventually recovering (IMHO).
Not bad but not good. Probably good considering the recent temperature but not low enough to call it a trend. I will stay on the sidelines for now..
All true. Soon we get to see the expected warm winter against the expected production reduction. In this corner .. It all depends on how warm of a winter vs how much production reduction. My bet...actually I don't know. If anyone else wants to place their bets and share that information with the board please do so..
Awaiting the next weekly storage report. I was somewhat discouraged by the last report but understand that very warm weather can only be offset a limited amount by reduced production. It appears that the 2 forces are currently in balance. Waiting for a victor to emerge...
LNG is clearly having troubles presently with prices too low to make money. If the Rusky's decide to defend their turf from the USA in Europe they can flood the market with cheap NG to keep us out just like the Saudies are doing with oil. True the Rusky's have less financial reserve than the Saudies but they may decide it's worth another few tough years to kill the competition. This is a very dicey industry at this time. Still, that is often when the bold ones make money. We shall see.
If we have a "normal" winter I would agree with you. El Nino plus normal global warming can upset that possibility, but let's face it. how often is the weather forcast correct looking out more than 2 weeks? The stock is probably a bargain because most ot the negative possibilities are already baked into the price but if the winter is a record setting warm one, Houston we have a problem. We will see.
Too many stupid posts made up of fluff and trash. Even I may need to put you on ignore. My guess is that almost everyone else has already done so.