Hey, d-head, here's the piece:
"INVESTING 8/01/2014 @ 1:05PM 433 views
Halcon Resources Stock Getting Very Oversold
Energy Stock Channel Energy Stock Channel , Contributor
Comment Now Follow Comments
In trading on Friday, shares of Halcon Resources Corp (NYSE: HK) entered into oversold territory, changing hands as low #$%$58 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30."
Yes, well, every board has at least one 'Mr. Wonderful'. I guess you're aspiring for that distinction here.
You'd probably be a bit more convincing if you learned how to spell.
Well, as I said, I felt that 13 was the bottom as relates to today's action. Yes, we took a beating today because of the miss. However, the overall market took a beating today for various reasons (e.g., middle east, Ukraine, Argentina). Did we deserve to get whacked today? I would say yes. BTW, I agree with your comment about the CC being weak.
Guaranteed, a comment by Soros is forthcoming, sooner rather than later.
"It hurts me to say that I'll probably be adding on somewhere in the 13's."
Yep, that's what I said. However, I never thought it would sink to the low 13's! This is unreal!
"I hope the earnings, revenues and production decrease are all reported as a miss because I would love to get more stock under 14."
Well, two out of three's not bad. They missed on earnings and revs. I'm not a happy camper. However, like you, I'll be looking to add on during the dip. It hurts me to say that I'll probably be adding on somewhere in the 13's.
"BOSTON, July 30, 2014 /PRNewswire/ -- ArcLight Capital Partners, LLC ("ArcLight") announced today that Republic Midstream, LLC ("Republic Midstream"), a newly-formed portfolio company, executed agreements with Penn Virginia Corporation (NYSE: PVA; "Penn Virginia") to construct and operate a crude oil gathering system, a central delivery terminal complex and an intermediate takeaway pipeline to serve Penn Virginia's prolific acreage position in the Eagle Ford Shale. The long-term, fee-based transportation agreements with Penn Virginia are supported by minimum volume commitments and a dedication of acreage covering the areas served by the gathering system. ArcLight has committed $400 million to Republic Midstream, which will be managed by two of ArcLight's experienced midstream portfolio companies, American Midstream Partners, LP (NYSE: AMID; "American Midstream") and JP Energy Partners LP ("JP Energy"). ArcLight currently expects to offer each company the right to purchase 50% of Republic Midstream after the commencement of operations."
They decreased guidance.......
"RADNOR, Pa., July 30, 2014 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (PVA) today reported financial results for the three months ended June 30, 2014 and provided updates of its operations, 2014 guidance and 2015 preliminary guidance.
Second quarter production from Eagle Ford Shale operations increased six percent to 15,618 barrels of oil equivalent per day (BOEPD) compared to 14,761 BOEPD in the prior quarter.
Since our last quarterly report, our operated Eagle Ford wells had an average initial potential (IP) of 1,514 BOEPD (excluding shallow wells), including one well with an IP of 3,175 BOEPD.
Our Upper Eagle Ford well production is exceeding expectations.
Adjusted second quarter EBITDAX, a non-GAAP (generally accepted accounting principles) measure, grew to $95.0 million from $93.8 million in the first quarter.
Currently in the Eagle Ford we have 11 (6.3 net) wells completing, 11 (5.0 net) wells waiting on completion and six (4.6 net) wells being drilled.
Currently in the Eagle Ford we have approximately 143,200 (102,000 net) acres, including the recently announced acquisition of 13,125 (11,660 net) acres for $45 million.
Including this pending acquisition, approximately 16,100 net acres, or 19 percent, have been added in the Eagle Ford since our last quarterly report at an average cost of approximately $3,700 per acre.
We have increased our undrilled location inventory from approximately 1,510 to approximately 1,635 locations.
As separately announced, we today closed a $150 million sale of the rights to construct and operate a crude oil gathering and intermediate transportation system in the Eagle Ford.
We are increasing our rig count in the Eagle Ford to eight in the second half of 2014.
Incremental capital expenditures will be funded by our recently completed $325 million convertible preferred equity offering and non-core asset sales."
"Penn Virginia Corporation Announces the Sale of Eagle Ford Oil Gathering and Intermediate Transportation Rights for $150 Million"
"I know Yahoo announces the date, but not the time of day."
They also announced the time of day. The news release was 7/3.
Are you serious??? You don't have the ability to find out via 'Headlines' in Yahoo Finance?????
After the close. Geez!!
How come you don't post your pumps on the EOX (Emerald Oil) message board. Or is it that you're their traveling salesman?
halevay: "aren't you the dooosh bag who told everyone to buy once it dipped below 90?"
tomasvalentineiii: "yup i did say that..."
me: Well, tomasvalentineiii, at least you know your name. (i.e., "dooosh bag") :-)
"This is last week's news. It was announced last week."
The original news, which was last week, related to an offering of $350 million. Today's news, which was released 'today', was an addendum advising that the offering was increased to $450 million........