An uneducated guess.......
I don't see it going below 4.50. However, I won't wait for 4.50 to add on. I'll be adding on if we go into the 4.80's.
Actually, it's honesty/facts I seek while playing this game. However, 'honesty' has a different meaning when imps like you post a message that begins with, "hate ta tell you fellas this , but." Whether honest or not, it's obvious you're posting your message with a smile on your face. You're not looking to inform. You're looking to inflict pain.
Even if you're short this stock, you need some growing up to do.......
"hate ta tell you fellas this , but"
Yes, you really hate to tell us fellas this, don't ya? (sarcasm)
"Highlights for Fiscal Year 2015
Increased volumes in FY 2015 to 4,176 Mboe (+116% y/y) as compared to 1,929 Mboe in fiscal year 2014 ("FY 2014"). Average daily production increased to 11,441 Boepd in FY 2015, or 2% above the high end of our FY 2015 guidance range of 10,200-11,200 Boepd, from 5,286 Boepd in FY 2014
Total capital expenditures amounted to approximately $671.9 million, in line with full year budget guidance
Increased consolidated adjusted net income in FY 2015 to $54.1 million, or $0.58 per fully diluted EPS (+21% y/y), as compared to $37.4 million, or $0.48 per fully diluted EPS in FY 2014
Increased total estimated net proved reserves to 58,870 Mboe (61% proved developed) at fiscal year-end 2015, a 46% increase over fiscal year-end 2014 total estimated net proved reserves, with an associated increase in SEC PV-10 to approximately $983 million (+45% y/y)
Repurchased and retired $20.5 million face value of Triangle USA Petroleum Corporation ("TUSA") outstanding 6.75% bonds for just under $13.9 million
Repurchased 6.5 million shares of common stock at an average price of $4.94 per share in Q4 2015, bringing cumulative repurchases during FY 2015 to approximately 11.4 million shares at an average price of $6.72 per share leaving a total of approximately 75.2 million shares outstanding at January 31, 2015
$428.7 million of total liquidity as of January 31, 2015, including $67.9 million of cash on hand and available borrowing capacity on TUSA and RockPile Energy Services ("RockPile") credit facilities"
"Results of operations for the year ended January 31, 2015 compared to the year ended January 31, 2014
Oil, Natural Gas and Natural Gas Liquids Revenues. Revenues from oil, natural gas and natural gas liquids production for the year ended January 31, 2015 increased 77% to $284.5 million from $160.5 million for the year ended January 31, 2014, primarily due to the significant increase in oil production from new wells and the acquisition of producing wells in the third quarter of fiscal year 2014 and the second quarter of fiscal year 2015, partially offset by normal production declines and pricing declines in oil and natural gas liquids.
Average realized oil prices for the year ended January, 31 2015 decreased to $75.00 per barrel from $88.07 per barrel for the year ended January 31, 2014. In addition, during the year ended January 31, 2015, we experienced increases in both our volumes of natural gas and natural gas liquids sold as a result of expanding gathering, transportation and processing infrastructure."
"� TUSA spud 62 gross (43.9 net) operated wells and completed 49 gross (34.5 net) operated wells during the year ended January 31, 2015.
� TUSA acquired approximately 41,100 net acres in Williams County, North Dakota and Sheridan and Roosevelt Counties, Montana for approximately $90.4 million in June 2014.
� TUSA increased proved reserves from approximately 40,314 Mboe at January 31, 2014 to 58,870 Mboe at January 31, 2015, an increase of approximately 46%.
� TUSA issued $450.0 million aggregate principal amount of 6.75% Senior Notes due 2022 of which $429.5 was outstanding at January 31, 2015.
� TUSA and RockPile amended their credit facilities to provide for additional borrowing capacity and operational flexibility.
� RockPile completed 49 TUSA wells and 99 third-party wells in fiscal year 2015, as compared to 31 TUSA wells and 50 third-party wells in fiscal year 2014.
� RockPile deployed into service its third and fourth hydraulic fracturing spreads.
� Caliber flowed crude oil through its Alexander Market Center, providing stabilization as well as additional takeaway optionality via pipeline and truck to rail (both inbound and outbound loading services)."
"Summary of Fiscal Year 2015 Highlights
During fiscal year 2015, we accomplished the following:
� Production volumes totaled 4,176 Mboe for the year ended January 31, 2015, compared to 1,929 Mboe for the year ended January 31, 2014, an increase of 116%.
� Oil, natural gas and natural gas liquids sales in the year ended January 31, 2015 were $284.5 million compared to $160.5 million for the year ended January 31, 2014, an increase of 77%.
� Oilfield services revenue in fiscal year 2015 was $288.5 million compared to $98.2 million for fiscal year 2014 as RockPile increased its sales to third party customers. The total gross profit contribution from our oilfield services operations grew to $56.1 million for fiscal year 2015, as compared to $10.5 million for fiscal year 2014 and oilfield services gross profit percentages improved to 19.4% for fiscal year 2015 compared to 10.7% for fiscal year 2014.
� Income from operations was $95.4 million for the year ended January 31, 2015, compared to $47.0 million for the year ended January 31, 2014.
� Cash flows provided by operating activities were $200.8 million for the year ended January 31, 2015 compared to $82.4 million for the year ended January 31, 2014."
"Tom Petty has it correct ! Good regular hour day but that can have no bearing at all of AH earnings but that can mean a bunch things. GLTA , M"
I have a feeling the only people would could understand what you just said above are those who come from your home town.
Maybe you were just excited about the earnings. :-)
"They are not very bright shorting it at the bottom."
How do you figure it's the bottom? Personally, I hope you're right. Problem is, I'm not so enthused about today's earnings. I also don't like the idea that we're up on earnings day.
Disclosure: I'm long 12k + shares. Unfortunately, on the hight end. :-(
Last time we closed above 6 was 12/23. Seems like an eternity ago.
We're up today cause oil is up. Also expecting a run up to earnings. After earnings? My fingers are crossed.
Thoughts from an investor who believes the market is legit.........Yeah, right!!!!!!!!!
So there was some hope in the market today that the United States and Iran might not necessarily reach an accord in their nuclear talks. As a result, most oil stocks went up and, of course, so did Brent and WTI. Why, you ask? Because, as we all know- -or been brainwashed to know- -if an agreement was reached, the sanctions on Iran will be lifted and, as a result, they will be allowed to bring their oil online, thus adding to the existing glut. So what happens in the afternoon? An announcement is made that The U.S. and Iran have come to an agreement in principle and that from this point on, all they need do is iron things out by the June 30th deadline. So what happens next during the trading day? Oil stocks dive, as well as Brent and WTI. And what happens after that? As soon as Obama and John Kerry make it official with their respective announcements, oil stocks rise again- -especially PVA and TPLM- -to their earlier highs and then some, in addition to Brent and WTI trimming their earlier decline. Why???????!!!!!!! As I said, the market is legit......NOT!! Big money rules!! Yep, big money in the market makes it so easy for little guys like us to make sound investment decisions (sarcasm)......
Have a Happy Easter and Passover longs. Stay safe.
Not disagreeing with you. I was only sharing. On the flip side of the coin, can you explain this most recent slide from $7.64 on March 20 to where we are now ($6.48)? Do you disagree with the writer when he says there are no takers out there for an acquisition?
"NEW YORK (AP) -- Shares of Whiting Petroleum fell sharply Tuesday, a day after the company said it would sell its shares and senior notes to pay down debt related to its $6 billion acquisition of Kodiak Oil & Gas.
The oil and gas company said late Monday that it will offer 35 million of its shares and said underwriters had a 30-day option to purchase an additional 5.25 million in shares. The stock offering could bring Whiting more than $1.5 billion, based on its stock's closing price of $38.39 on Monday."