Listen I understand you are #$%$ because the WSJ fired you. But must you continually disrupt this board with your rambling posts about the same thing over and over.
I don't know about that nor. WMC has been great at 20% with a special div extra shares given to holders and the SP has gone back up. OCD what does that stock trade for?
So all this technical reading doesn't signal a up or down movement. If it can't tell you what direction a stock is going to move what good is it? Looks like a guess @ best. I thought LNCO was going to hit 33.00 as you posted. At some point it may. But the technical don't say when.
Right to the point and the heart of the matter, sand.
Actually they were all good
Right back @ you WSJ.
You always fall back to the old staple reply, when you are befuddled and have been caught. Amazing how one such as yourself tries to draw attention away from the main topic, and try to switch topics, as you so commonly do all of the time.
Poor WSJ and Barron's supporter. Can' hide the true facts on this one Norris.
Oh no you don't Norris. Trying to change the topic. So you can try and deflect how you support Barron's and WSJ. Nice try but as I said there are way to many sides to you. Mostly dark and deceptive. The 7 faces of Dr. Norris.
Yes, and you actually supported the papers that wrote the articles whom tried to bring down LINE. And as well you bad mouthed LINE as well. No free ticket for you there buddy. And I believe you said, you work or worked for the WSJ this is why you are such a big backer of what they print. Don't now now me or bring Ron into this.
You have a suspicious heart and personality. Something you are hiding.
I still do read the journalists in the mag at the Library. But then again my background is strong enough to be able to make this determination. Most subscribers are not. Therefore Barrons can not be trusted at all. Just like the nyZt.
It is amusing Norris that you condemn Obama for this, when in actuality it was really 2 papers, that tried to bring down LINE. 2 of which you positively support, Barron's and the WSJ.
And you say your background is strong enough to make this determination. Another one you have been on the wrong side of for supporting what they right.
Keep going that noose is getting tighter.
I see ruby the butch said this, which is another paper Norris supports whole heartedly and works for.
Astonishing! This is suppose to be the holy grail of financial journalism, the Wall Street Journal, and they don't even know the company's distribution! Obviously they know nothing about energy, MLP's, upstreams, NOTHING, they call it a "dividend" (which was "slashed"). There's nothing more to say.
I don't subscribe to Barron's never have and never will but Norris loved them and subscribed .
You know back on 2/13/13 they started all of this mess with hedgeye
In a statement provided to Barron's last week, Linn said, "Nobody disputes that 'depreciation' of oil and gas assets should be deducted from Ebitda [earnings before interest, taxes, depreciation, and amortization] or distributable cash flow because it is a 'capital' expense, and we view puts the same way."
In the same statement, Linn expressed confidence "in the validity and accuracy" of its financial reporting.
It wasn't Obama. It was your boys @ Barrons you know. that paper you subscribed too and loved. Blame them and your money you gave those people for following and supporting their advice and knowledge Norris.
You missed the boat on this stock along time ago when china made everyone panic, and it had its run. It was great, made some serious coins on this back when the run happened. It was quick but they really don't have anything but a story back then and now. GL
How about oil?
What is LINEs % of oil produced in the Permian basin, compared to OXY?
Do you know this. I have no idea.
Please no slides just an answer.
accounts for 16% of all oil produced in the Permian Basin.
Separately, Occidental also announced a major batch of cash returns to shareholders. Occidental increased its annual dividend by 12.5% and announced it will repurchase an additional 30 million of its own shares. This signifies management's confidence in its ability to keep production and profits growing in the future.
These cash returns will be financed partly with the company's existing cash flow, which is strong, as well as the proceeds from a recent round of asset sales. Occidental recently struck a deal to sell its interest in one of the largest natural gas fields in the United States. Occidental's Hugoton Field assets in Kansas, Oklahoma, and Colorado will generate $1.4 billion, which the company has earmarked specifically for its new share buyback authorization.
A more focused company in the works
Occidental's decision to spin off its California business and sell its natural gas field is all part of the company's over-arching strategy to become a smaller, more oil-focused company. Occidental has ramped up its domestic oil production heavily and stands to continue this trend in the upcoming year.
Occidental increased domestic oil production by 4.3% last year, and intends to double its U.S. oil production growth to 9% this year. This stands above the forecast production growth for close competitor ConocoPhillips (NYSE: COP). ConocoPhillips' long-term goals call for production growth of 3%-5% compounded annually. Conoco's trailing production growth lags Occidental's as well. Conoco increased domestic production by 7% last year.
Occidental is selling off natural gas assets, spinning off its California business, and is betting heavily on U.S. oil.
It's a new era for independent exploration and production company Occidental Petroleum (NYSE: OXY). Occidental is doing some big things that will make the new Occidental Petroleum a much different company than investors are used to. Occidental has revealed a series of steps to reorganize itself. It appears the company's intention is to become much more oil-focused. This stands to reason, of course, due to the boom in domestic oil production in recent years. Occidental has considerable operations in some of the most prominent oil-producing regions in the United States, including the Permian Basin.
Read on to discover what steps Occidental is taking to streamline itself, and what the new Occidental has to offer.
Big moves under way
Occidental Petroleum plans to separate its California assets into a separate, independently traded company. The new California company will be headquartered there and will be the state's largest natural gas producer. This is a significant event, as Occidental's California assets accounted for approximately 20% of its 2013 production. The remaining Occidental Petroleum will operate its core oil assets, which are located in the Permian Basin, as well as assets in the Middle East and Colombia.
Occidental's Permian Basin operations are truly the major source of its production and growth. The Permian Basin is a massive formation that accounts for approximately 15% of total U.S. oil production. Not surprisingly, a slew of energy majors are lining up to profit from the Permian Basin. Occidental and Apache Corp. (NYSE: APA) are each focusing intently on the region. Apache has sold off international assets to double-down on the U.S. Over the past five years.
It should be no surprise, then, that Occidental has staked its claim in the Permian Basin. It's the biggest oil producer in Texas, and Occidental accoun
It seems that you want instability in our NG and oil markets with such replies
Why bring up MSFT and CSX. That is in the past with rlp. And as far as justifying your investment in a company that produces ethanol and makes good money from it. That is simply unjustified coming from a person that is totally against ethanol?
Kind of like shooting a swarm of bats coming at you, with a bow and arrow. You will never win that or this battle about VLO.
It’s been a cold and snowy winter for the Midwest and Northeast. Some locations like New York, Chicago and Philadelphia are having winters that rank in the top five snowiest since record keeping began. That snow will eventually melt, releasing its locked up water - and it might happen sooner than you think.
With warming temperatures expected through the end of the week, snow will begin melting and ice could begin to break up on frozen rivers. What does that mean? Flooding from ice jams and melting snow is a distinct possibility.
Adding insult to injury, another powerful storm will bring heavy rain which could accelerate snowmelt, potentially enhancing flooding in some locations.
Here’s what you need to know:
Throughout the first half of this week, warmer temperatures have been streaming northward and the mild weather pushed all the way into the Ohio Valley coastal Northeast, which saw thermometers approaching the 50 degree mark on Thursday.
When you couple the effect of warm temperatures, melting snow and a ground that’s nearly impermeable because it’s frozen, you have a recipe for flash flooding.
This week, a potent low pressure system is forecast to bring heavy rain to parts of the Ohio Valley and Great Lakes, which will further exacerbate flooding concerns. The low is expected move through on Thursday before pushing into the Northeast on Friday. Rainfall amounts of 1 to 2 inches are possible within the next few days. Any rain that falls will only accelerate snowmelt, adding to the runoff from the rain.