YOUR AN iDIOT IF YOU THINK THERE IS NO OIL WHERE THEY ARE LOCATED- North Dakota (Bakken and Three Forks formations in the Williston Basin) and northwest Colorado (Piceance Basin).
we now have about 85% of our projected oil production hedged at roughly $72.00 per barrel, DO YOU REALLY think they will have a acquiring buying frizzy and heavy CAPX spending? The whole sector boomed and took on debt. This story is no different then any body else in the sector. Your kindergarten rants are not backed by intelligent questions. EVEN the divvy is going to retire debt instead of being a profit enabler. So you must ask your self , IS PPS APRECIATION possible? I say yes, and a good catalyst being over sold.
China and DOW money if funds that have to be fully invested should notice the only sector not over bought. I bet you shorts will love the run for the door. ONCE they see the huge gains again the oil sector could ignite for 15% gains across the board again.
learn what CAPX spending does and spending on ramping new fields. Then figure how much it actually cost to bring it up once the fields are established. You might want to look at the book value as system of valuation. Historical infrastructure cost are irrelevant.
did you get caught short? It could be like CRK and MHR that had 70% runs in a week. I would listen and type less as your education is about to start. We can tell your a high school drop out.
Time to load a little at a time. Have enough as it bottoms. The cycle will come around. IT is no longer a falling knife as it has revisited the lows. EVEN if it falls a little more the bottom is near.
this should be at 5 dollars. It will over correct to 7 dollars as the shorts cover all at once. They are playing with fire. These runs are happening in the sector. ICAN is proof for many.
You mean they just don't find the biggest players in their respective fields over night and convinces them to spend resources and time for nothing? The board fools would have you think this is easy and somebody that burns more fuel then any other organization like UPS don't know what they are doing? Unilever and BASF are into wasting their time.
Are people that gullabal to think oil will go to even 30 dollars. Nobody would sell there. Below 40 the industry shuts down. It would be a great opertunity for the government to put on taxes. Oil oil players are not producing at that level. Unrest in the middle East as they pay us for using their oil. 50 dollar oil will not last long ......Arabs are not stupid. They will start to feel the pain as they supplement thetrue cost to produce oil.
Restated Credit Agreement, dated as of December 20, 2012 (the "Credit Agreement"), entered into an amendment to the Credit Agreement, which among other things, (a) reduces the borrowing base to $76,000,000 as a result of the May 2015 redetermination, (b) establishes a six-month schedule for the elimination of the resulting $10,380,000 borrowing base
WHY all the lies? Solvents, cleaners , industrial uses as well as water , land sea and air uses. They7 have this ready to to rally like never seen.
think on his feet and talk from his #$%$. He is nothing but an attention seeking buffoon. Any half with can say " im rich" or cause havoc with out a brain. He is no serious contender as most realize his brand and what he would do to further his narsissdick temperament.
Fresh out of school and wanting to invade all the countries Isis is in. Her game plan was to save all her milk money and ten blond friends were doing the same. Wow if she even had a brain between those pretty ears on the logistics of the Isis terrorist group. What two bit station would press for bombing half the middle East. She does know Isis is not just one country right. Please ask her if the milk money campaign is working
and 30% of the stock is sold short. The huge institutional and insiders are laughing at the fools. They understand the fundamentals and understand the press coming out.