if natgas price holds .....and it has been increasing last months ,you will have to write off half your neurones. Keep dreaming.
Apparently they increase them last three years ,payout still low so they might increase them again but that doent take my sleep away current yield is good enough for me. In the other hand Earnings have always so far been great. Jim Simons has been buying this stock since it was in the sixties. I found that out after i bought them so that also increased my long term confidence . dont think it can go much lower from here.
Yeap ..if natgas doesnt go up ...but is going up
if it doesnt sell non core assets but is selling assets
if it doesnt find a way to put natgas in luisiana refineries but is doing so
if it doesnt reduce long term debt but last four quarters was reduced
if it doesnt export lng but Cheniere acquisition by Icahn will warrant results
if interest rate rise but they havent yet and yelsin will hesitate after china currency devaluation
if if if if ....shorts and moronic analysis wont compare to Carl wisdom and art in these matters.
the coil is about to snap. plus the mega squeeze coming.
Yes ,he probably bought chk and lng for a win-win scenario and to hedge on natgas prices. How?
Easy ; if natgas price goes up he profits from chk if natgas goes down he will profit from lng since it would allow better competiitive prices for liquifyed natgas and lng profits would surge.. But in the end either the business and synergies are good for both chk -lng . imao
u r flat wrong. Icahn thinks this stock is worth more than 14 $ according to his last purchase . But historically he s been buying at much higher price.
when ? also what price ? what quantity?
No ,he is going to use ng from chk as input to lng and will use its pipelines network to connect to the IM international markets where ng price worth a lot ,he doesnt need full control or ownership of chk or lng just a sit in directors assembly will suffice. am i wrong.? am just guessing