Pardon me, udeservewhatever, but you appear to have a whole lot of reading and study to catch up on....
The development plan is very clear to the company, permiting agencies, support engineers, contractors, and most long term investors --- even most speculators..
I will offer you a hint right here what to expect if you really think you want to know
Phase one is delivering as hoped, or slightly better, and just in time for the collapse of oil prices, thanks to a world wide glut of the stuff.....
Suggest you go to company web site and do a weekends worth or reading before risk of sounding even more silly than some this boards wanna be PRO wise guys whom really don't care about anything more than how fast they can flip a trade...
FYI, as I only myself recall sort of vague:
Phase two at Lindberg will cost the company and/or risk investors equity as much as another Billion to
develop and bring that capacity into production .. Of course, then reward --- IF there is reward out there
beyond the rainbow of dreams and hopes where pots of gold replace pots of oil --- for many years to come, IF IF IF ----------- If, it all works out just so, as planned... IF --- As them forward looking company statements warn investors by law --- about the risks involved.... So, far ahead, so far away..
Well at least another month or two, or at least before your unborn children go off to college .....
It's going to be a long long long,
long long long long long,
long time -- before impatience is rewarded by this OIL Production Tidal Wave..
To the best of my awareness or recall;
Cramer did not Bless Oil with a call to "" Buy - Buy - Buy ''' !
Will admit I napped through part of his last broadcast, caught something about "high yield" -- high quality approaching trigger time, but also said leave most to come in (meaning lower) before getting in....
He's mentioned a few companies nearing illusive soggy bottom, but nothing to suggest the Oil Flood
was draining off in support of prices. And nothing about PGH, a company he has never shown interest in......
If anyone disagrees, please offer date and time or where you find such data....
It appears to the fool in me, that the oil/energy investing world is waiting to see if last years low is tested....
Oil storage continues to build, as many producers like it not, are being forced to pump all they can to
mange debt that threatens to sink the boats of their almost too too successful enterprises !!
News report yesterday suggested California regulations will push cost of gas up toward even over 4 bucks per gallon, while many other states will see gas selling near or under 2 bucks per gallon!
Difficult to say for sure, between 10 and 12,000,000 share, based on published reports end of month...
Out of 535,000,000 ----- not that many short, but at 10 days to cover, enough to demolish prices, as long as talk about 40 buck down to 30, even lower rules the mood of speculators (whom we all know do not have any
impact of perceptions or prices based on supply/demand.
Not forgetting -- no protection from short selling "UP TICK" rule of ancient times.
Stock prices are going down for most oil companies, clearly pegged to WTI and Brent, just like last year
beginning like a gift from the 4th of July and well beyond the new year. When the power of window
dressing take over books..
One might even start to think paranoid. If outside forces can so easy penetrate this nations government.
Why not us the power of negative imagination.
No doubt with me, there's a lot more going on than anyone can really see, know, or understand..
Company Management in many companies appear powerless to escape these tides.
Within the bounds of known data sources;
PGH has only once in the past 12 months equaled as many shares on the 'short side' at one time !!
It's another cynical force of FACT that, PGH along with many other well run companies micro as well as MEGA cap -------- are being sold and forced to endure punishment (company along with investors) for
no fault other than to much accomplishment and/or net success of bringing Oil to lubricate a squeaking market with more demand than supply..
Who would have guessed, the chant would go from "Drill Baby Drill", to "Lay'm Down & Leave'm Down",
so fast !!
If a catalyst does come along, the 10 to 12 day volume ratio to cover will be like a pricing booster rocket on a launch pad..
Who knows if there will be enough velocity to break away from this markets greasy gravity ?
Sentiment: Strong Buy
Oil reserves are building.
Opec continues to pump.
Frackers are still fracking.
Greece can't trade the Myth.
Fed and bonds, doing the Tango.
Dollar get's stronger.
It's really hot and lack of water, is impacting most of US West..
Last week counted 22 of my primary house hold items, purchased in last 5 years, all made in China !
Fridge from Mexico. ( clearly not part of the Trump Holdings empire )
WiFi made in Thailand (AT&T redirects my calls to India)
Metal detector made in the USA ! (horse shoe found, out of luck )
Food, Meds. and boxes of junk mail (seeking donations) -- also USA..
Phone (made in China) is left on auto answer to try and confuse the auto dialing systems
offering credit, or funeral with a grave plot..
The better PGH performs, the worse the market and interest gets!
(maybe it's the conjunction of Venus and Jupiter)
Just the way things are. So, if you no like the news, perhaps best go out and make your own !
Exterran Partners, L.P. (NASDAQ: EXLP) today reported EBITDA, as further adjusted (without the benefit of cost caps) (as defined below), of $78.7 million for the first quarter 2015, compared to $76.9 million for the fourth quarter 2014 and $49.9 million for the first quarter 2014.
Where is the reduction of customers in that ---------- unless your mixing up the production of equipment for new accounts by EXH, not limited partnership side?
Why would they raise divy?
I spoke with I/R and when asked if they were seeing a lot seasonal start and stop, of in place units, the reply was No declines..
The problem in this market is DEBT, and fear of FED.. This company carries debt and although it being
managed well, Energy related companies are simply not in favor, lumped together. Gas, propane, distillates all the same in terms of production, even considered toxic to a market run by hedge funds, and high frequency siphons.
So much market worry about China, Europe, even Japan, but not for the nations income seeking investor..
It's a cynical market, greedy and heartless..
If anyone wonders where once high demand for new sources of fuel -- vanished to?
Go around your home and examine the labels, not much of anything made in the USA, except junk mail, and expensive chem lawn homes for urban dwellers. Seems as if the street gauges the rate of new home construction as far more important than stable jobs to the pay the mortgages.
one last time;
the fill in I/R guy told me they would use the shelf if some sort of "discounted deal came along" ...
nothing about it being a replacement, no reassurance about potential dilution.
When I noted how many time I have seen these sort of shelves -- filed and used, the guy did not have the good sense to make the prime reason of replacement clear.........
further more, they really have not rewarded investors these past 5 years. If patient and willing to
stay the course, and not take questionable risks, investors large and small should eventually be rewarded very well. Something better is out there somewhere in the future ~~~
the graph on the web site showing ratios of return was also quite dramatic !
Thanks for posting data...
The failure of the I/R to respond to me, was real !
He actually saved me money, as I was so disgusted I sold more than 40,000 shares ( just part of my total share count).. With more clarity about the matter, and the price drop, it has been easy to buy those shares back at a discount..
I'm now wondering how many others like myself received sighted, lousy information, or NO reply at all?
Also wondering when Wassem took over for Fred? If my timing was just that off (unlucky)..
The man I spoke with was ranking officer with title. It now seems he was perhaps enjoying he ability to
take a hard line. Perhaps in reaction to other calls? The guy was more than willing to lean or linger with the negatives instead of re-assure what was and is so obvious about dilution at this time... He could have and should have stated what you have here --- just that simple...
can't be to cool this over excited board........
All the gas compression companies and gas producers being sold..
There has been a steady pattern of heavy selling early, then sudden and sharp recovery toward end of day for quite some time, suggesting lots of shorting, then covering end of day..
Did you contact them about this govt. change topic?
Your usually very good with hard core numbers, do you have any
regarding how much the taxes will represent?
Would Management seek to use any excuse it can, to defect attention from other troubling investor questions?