2016 hedging 6,771 Bbls/d of crude oil hedged at an average price of $80.47/Bbl and 5,000 MMBtu/d of natural gas hedged at an average price of $4.10/MMBtu . You goofy #$%^&* They hedged more oil then they produced last year. If you hedge at 80 $ a barrel you produce that much at 80 dollars. No production don't pay the cost that occurred with or without production. WHY do we get the stupid bashers?
People don't even do the research to see its hedged. Many hedges are falling off for other companies. When the market turns this will be a must own.
he has be a disgrace to the system intentionally. He is sic.
Hhis feuds and lack of knowledge of the subjects was about to be exposed. The sic republican party must choose one of the Ttea Party boys in Cruz and young immature Rubio. We are done.
maybe Iowa can finally get to the real subjects and problems solving. Trump was a distraction only. God help us if he is for real. Trump is trash. He can handle a press agent , wife, business or our economy. America will be bankrupt with Trump. Just another business going down to Trump. The press would have eaten him alive and showed his lack of knowledge and leadership.
We have the clown Trump taking the heat for the silly Tea party boys in Rubio and Cruz. The party choice is one of the Tea party boys . Its been a scam for the Tea party all along with Trump. They just gave Bernie the election. Trump could not answer the questions with his turn coat character and not knowing politics or the issues. He wanted to entertain the country and get his name recognition out there. I would be sic if I were voting republican this election. This is a mockery of the system and just maybe we can get the Fox Iowa telecast back to the real subjects, problems. Trump only cares about rating and money and never did get it. He is trash.
Is he smart enough to know many technologies and parts are used in motors and different pipelines, network s, and royalty structure's, partnerships
To stupid to buy at .65 cents. Now you claim you are right? Hedges are on and good. You have just a few days left before you will be the board clown. The thing is they have plenty or good hedges, productive wells, stable reliable reserves and not much debt due till 2020. Your lost.
EVERYONE is in oil now. WHY are the shorts so stupid??????????????????? cheaper oil is good 60 and 70 dollar oil the new 100 dollar oil. Companies are bringing up oil much cheaper.. In the future we could see new legislation towards making oil cheaper. Shale oil and tar sand oil can make companies margins go up. New technologies and techniques are changing oil companies for the better. Companies break evens and coming down. 1) High grade shale assets 2) Shale industry analytics 3) Embracing digital information, data and monitoring 4) Decisions made by sensors and informed leadership 5) Removing crippling laws 6) friendlier international and US laws. 7) Avoid legislative hurdles. 8) Accelerate exploration on federal lands 9) Walking rigs, education, new multiple holes, 10) Better pressure pumps and optimization in timing pressure 11) ON/OFF controls on equipment 12) PADS that make drilling easier , effective ,efficient , faster 13) Optimizing fields and spacing of wells for Horizontal drills and use of pressure pumps and sand, chemicals. 14) Moving water and materials easier to maximize oil in fracking 15) adapting new technologies and industry norms changing 16) Faster drilling and the learning curve developing much faster with data based information studied 17) Sensors , automations, computers, Robotics, seismic software, drones, logistics, mapping, all are being deployed and studied. 18) New water and waist controls and methods for removal with pipelines 19) partnering for pipelines and reducing cost up to 50% Delivering oil with pipe can lower Dakota oil 15% over rail. Exploration and delivery have greatly changed.
impairment charges.... Differences of asset values and oil. its a way to measure the value of an asset or group of assets appropriately is central to theh issue of impairment.
In its asset impairment , five attributes that could be used to measure evidence of impairment. These are current cost, current market value, net realizable value, present value of future cash flows and the sum of future cash flows. They have to show the market values and changes. The price fluctuated greatly.
Its priced as if it was going bankrupt like others. This is not the case as you pointed out. People should do some home work here and learn to invest for the long run. IT would pay off here.
Hedge funds according to yahoo. I loved seeing 9 other longs on the board today. It's time to stand up to these slanderous wrong shorts.