WHAT YOU SHOULD HAVE SAID IS THEY ARE BOTH UNDER VALUED TO COMMON RATIOS. Please let me know when EPE debt is due--- will they have to refinance and at what price. BBG has the good edge I would think. There is nothing wrong with BBG hedging as they hedge a lot more then most. EPE does also and is a big plus. •EP Energy's shares continue to be under pressure as investors worry about leverage. Insiders bailing. BBG breaks even at 45$ In the Eagle Ford, EP currently produces about 36,000 barrels of oil per day, more than double the production rate last year with the company requiring $50 per barrel in oil prices to break-even The Wolfcamp assets produce at a rate of 9,000 barrels of oil per day and break even at 60$ a barrel. EP's assets in Altamont produce nearly 12,000 barrels of oil, up by roughly a third compared to last year. These operations are about breaking-even at current levels with WTI at $55 per barrel, with well costs coming in just below $5 million. NOW***** DEBT BOMB- Given that the company currently invests at a rate of $2 billion per year, the company is facing a $1.5 billion cash flow shortfall at current levels each year.
This shortfall is huge given that the business has just $17 million in cash and equivalents and already torsos along a near $4.4 billion in debt. That said the company has access to roughly $2.75 billion in liquidity through credit facilities.
If I remember right BBG breaks even or will at 45$ and the new drilling method ( XRL well technique ) makes them very competitive with any body. He is looking at the quick valuation ratios and they do look good with EPE.... I personally am looking deeper because they do look good up to the debt part..... MOST BBG debt put off(( Morningstar) tell 2023..... EPE debt due dates, I am still calculating and they don't have the financial backing. BBG IS SECURE I may put some money in EPE but I KNOW BBG will be around and financed. The future reports could be great on their new wells.... The call was very positive for BBG. When you find why insiders bailed EPE let me know.... I don't see it.
Was that before the hedges and write offs. It was cash flow positive adding to net assets. I think you are fill of #$%$. Wells, platform , and press ready to explained as it looks very positive. Are you sure you were even on the same call
It was very positive and upbeat. Keep holding shorty the main point was press and the reports on the new wells will be out soon . I told my self I would not buy any more oil, but bought this after noon. Every company has had huge write offs for oil falling the last quarter like it did. They must price to market. This hedges more then most companies so you must have not figured in hedges.
Greed is going to kill the shorts. Down 95% from the top and they still want more. Unbelievable....... It's a lot closer to the bottom then top. Good investor s don't get it exactly at the to or bottom ... The bssher don't think it'd close ???? Wow
So is shorting on the bottom and thinking you have the never ending short. WHY does OPEC see strong demand next year? They see oil rising 5 bucks a barrel for the next 5 years . Why are the analyst surprised LINN hedges to the MAX. They must not be any good because they have always hedged and squeezed oil out of strong productive fields. They are like a mop up crew for harder to get oil. The new technologies and solutions play into their fields. ITS like they are surprised and then again they knew all along and still cry over spilt milk. The whole sector has cut their divvy a couple times. ITS a buy down here not a short.
ONE MORE TIME --- LNCO does not pass the taxes to the share holders. The company pays them and there are many more write offs. The appreciation of the stock when oil goes up with scare the shorts, LONGS BUY
don't look at the doubling of volume and the stock up 12%. Then there is the 5 day chart telling you to cover. Just one of the partnerships have to hit it big for this to triple . The best part about the stock falling beside a great buy being it just takes a little catalyst and every one will join the longs , shorts selling, day traders and market makers buying. . IF THE charts don't get you first.
MORE GOP LIES and liars. He is keeping the American fields going. NOT CANADA and CANADA jobs. There are other pipelines!!!!! Do some DD please and educate your self. THE XL was a lame duck for Canada. DDDdda quack.....The only reason it gets press is KOCH money.... The US pipelines stand a good chance.
I have never seen such a group of do nothing , lazy congress jerks that were dead wrong on ((((( EVERYTHING))))))) . WHY pay them!!!!!!!!!!!!!!!!!! a monkey could do better then the last congress..... Now you have another do nothing jerk RYAN. I wont work with him on immigration... daaaaaa same old , same old...... HILARY by a landslide.
you ARE AS WRONG AS YOUR IDIOT GOP BUDDIES. EVERY ONE SAID OBAMA WAS WRONG. Ryan want to balance the budget with his book and OBAMA is doing it --- the right way.. Ryan is a jerk.... wrong and BOHNER left in disgrace. Worst congress ever. where is inflation? birth certificate, Benghazi, economy problems
Do you mean they have 5 different stacks of frack fields? BUSINESS PLAN ----- Direction- New technologies and acquiring land by our nearby profitable wells. 5 stacks- Marcellus, Utica, HUNTON,, Woodford. Meramec/Osage, We are shifting our emphasis away from the Appalachian Basin and toward the Mid-Continent, where returns are more attractive. We are taking meaningful steps to strengthen our position in the Mid-Continent by acquiring additional operating interests in certain producing wells and undeveloped acreage in the STACK and Hunton Limestone formations from our co-participant in an existing area of mutual interest. Once the acquisition is complete, we will be positioned to control the majority of our exploration and development acreage and benefit more fully from the upside potential of the emerging STACK play in the area." NEW TECHNOLOGIES Horizontal, pumps, – drilling heads , drilling closer for fracking, pressure monitored, data driven results, "In addition to the Hunton Limestone potential on our Mid-Continent acreage, we see additional potential for the STACK play which also includes the Meramec, Woodford, Osage and Oswego formations, all of which are being successfully exploited by offset operators. By drilling a well in any of these stacked formations, we are typically able to hold all depths and maintain exposure to multiple plays. Our STACK formation Meramec Shale test, the Deep River 30-1H, was recently completed with 34 frac stages placing approximately 12 million pounds of proppant in an approximate 5,100 foot lateral. Early flow back results are encouraging." Swapping fields _ "As mentioned earlier, we are marketing certain of our Marcellus and Utica assets which should allow us to further reduce leverage while enhancing our liquidity position and financial flexibility to fund development of our substantial Mid-Continent acreage moving into 2016," said Porter. : GST $138 million market capitalization $687 million enterprise value(3) 80.1 million shares outstanding ~47% institutional ownership(4) Protects cash flow and targeted leverage and coverage ratios Supports fixed cost coverage and capital program As of 09/30/2015, hedged 83% of 2015 PDP oil and NGLs production with $63.50 average floor As of 09/30/2015, hedged 71% of 2015 PDP gas production with $3.53 average floor Strong drilling results in the Hunton Limestone oil play Offset STACK Play wells (Meramec and Woodford) successful NE stack play of prolific high rate dry gas Utica under liquids-rich Marcellus Shale
~80% of 2015 budgeted capex allocated to drilling ~88% of 2015 budgeted drilling capex operated
THEY see the future!!!!!!!!!!!!!!!!! They see the partnerships and technology. They see cheap energy for years and infrastructure's to be. They see the bottom and past and say THANK YOU!!!!!!!!!!!!!!!!!!!!!!! BUYING BUYING
The company has never had this many partners and bad news . Fundamentals and Past look BAD as shorts are quick to remind people of the past. THEN !!!!!!!!!!!!!!!!!!!!!!!! YOU READ and see what is happening with pipe lines, technology, science and the industry. You have to be a blind fool not to see the partnerships of the who is who around the world. EVERY CONTINATE!!!!!!!!!!!!!!!! The crash in energy prices left the company down to new lows. OIL is on its way up and WPRT may follow. WPRT market cap is now below $300 million. That makes Westport's stock much more subject to big momentum swings. The upside with good news from any number of partnerships and catalyst could be quite huge in terms of percentages.
Westport was born out of great advances in research and development and it seems that is still its strong point.
• The company is getting more active in new business lines and has some activist investors stirring things up in the background. Westport wants to be to the TESLA of natural gas engines, what Tesla wants to be to battery powered WPRT will be to natural gas. Westport has lost a massive 75% of its market capitalization, or down 90% from its high. In the second-generation model, the company has incorporated high pressure fuel injectors, which are smaller in size and will enhance efficiency. HPDI 2.0 engine system designed for heavy duty trucks will eliminate many of the performance issues which plagued the original engine system. Business plan-made considerable progress in its bi-fuel technology, and will commence the shipment of its first OEM bi-fuel direct injection vehicles in the second quarter. Growing demand- "In a new report, Navigant Research forecasts that light-duty natural gas vehicle (LD NGV) sales will grow 119% between 2014 and 2024, culminating in 42.1 million NGVs on the world's roads and accounting for 2.8% of all vehicles on the roads. They earned $1.08 billion in consolidated revenues in 2014. This is the first time the company has been able to break the $1 billion mark in consolidated revenues, and represents an almost 50% increase over 2012. As a positive, year over year revenues are rising rapidly and the proverbial "net income tipping point" should be here eventually. Stronger gas prices will return. Revenue stream- enter into more joint ventures and OEM partnerships is beginning to pay off in terms of revenues. Weichai Westport Inc. alone has the potential to take Westport to the next level, by fast tracking its exposure in China. In 2014 the joint venture generated $618 million in revenues, 33% higher than 2013 due to sales increasing to 51,006 heavy duty engine units. The venture also managed to boost gross margins in the year to $52.5 million from $37.3 million last year. This is just one of Westport's growing ventures. There is also its 50% interest in Cummins-Westport; then there are also its OEM agreements with the likes of Ford, Volvo and Indian car manufacturer Tata. These also are buy out candidates ** Once the infrastructure is there many more vehicles will run with natural gas. The CEO stated himself in the latest cc that he expects there to a lot of M&A activity in his industry
Perfect storm _________________ Every one buys, Shorts cover , longs, day traders, MM and insiders............... institutions and sector industry funds that people pore money into.
As we look at the current market tone for oil and energy stocks, we see a significant amount of pessimism (and an opportunity for a major short squeeze). Asian growth misunderstood and growing in spite of negative news and falling US rigs. 1 Over leveraged short positions 2) Huge profits need locked in 3) traders late to the game ( cut losses) d) prices start to pick up momentum4) stocks PPS move against falling oil prices ( coiled) 5) Market Markers offload their own risk, buying crude oil futures and other energy exposure. 6) investors who sold don’t want to miss the big one. 7) A mix of fear (from bearish traders who are short and losing money) and greed (from investors who are now on the sidelines and seeing the market rebound without them) drives prices higher and higher until there is no longer an imbalance of participants lined up on one single side of the market. 8, Stocks down 75 to 90% could be an opportunity for a sustained rally in crude oil j) Bottom process as oil hold 45$ 9, Positive press as Rig count falls, OPEC higher oil prices - PPS raise as bad news don’t move the markets lower. Press changing - , Current supply surplus only 4% of global market supplies 10, ) capitulation – wild trades, movements- or proposed oil-and-gas mergers so far this year M) multi-year lows, high dividends, not overvalued, true value and selling below book values 11) perfect storm 12, Macro events in Syria and middle east tension13, ) unrealistic lows and unsustainable lows. 14, ) Bullish hedge fund bets and billionaire finding long positions. 15, ) Early bird gets the worm and the majority of the swing turn profits. 16, ) History in favor of a cycle s) Oil surges 10% to well above $40 per barrel. And holds 45$
Keep that attitude on the bottom and I will get all your money. ) INDUSTRY calls BOTTOM--- Jim Rogers said oil may be near the bottom when bad news Friday October 2, 2015 didn’t move oil stocks down with the barrel of oil falling a buck. Stocks actually rose with bad sentiment. Later that day oil had a huge run as a sector. Commodities are known for boom and bust cycles, but now is a good time to scoop up value in oil stocks. Royal Dutch Shell CEO said “I am seeing signs of a bottom” Pickens and OPEC call for over 70 dollars oil lately///// Now the low prices are causing oil companies to delay, cancel and halt production projects. "We will all wake up one day and there will be all this demand and insufficient supply, and the cycle begins again," Wright says. "With most of the major domestic energy companies slashing their 2015 exploration budgets, we expect production to decline over the coming year. Barring an unexpected downturn in the global economy, current data indicates that the supply/demand gap should start to close, leading to firming oil prices," Hetrick says. percent THE United States cut global output forecasts (SEPT 2 2015) and Russia, Saudi Arabia and other big producers signaled joint action to support the market. Hedge funds cut bets on falling WTI prices DOUG TERRESON –( Evercore) makes call buy big oil 65 to 70 $ oil next year……Bottom now or near.. WEIS on oil- it looks like a bottom . 2) “The market’s not as oversupplied as we think it is,” David Pursell, a managing director at investment bank Tudor Pickering Holt & Co. in Houston, said in a phone interview. “The news out of OPEC is more bullish, U.S. production is falling and demand is great right now.” it's market manipulation and not an equilibrium. Shorts have not been investing but driving. Even GS is not that crazy to think it can stay below 40. 3) OPEC assumes crude prices will rise by about $5 a year through 2020. That’s 80 dollar oil and a big return for those who are long. Production from nations outside the group will be 58.2 million barrels a day in 2017, 1 million lower than previously forecast, according to an internal report. The impact of low prices is “most apparent on tight oil, which is more price reactive than other liquids sources,” according to the report.
Sentiment: Strong Buy
DDDAAAaaa its priced for break up !!!! The hedges and strong producing secure fields have produced for years and many more to come. MOST STOCKS don't pay a divvy.... Most don't offer the upside either. WE CANT dismiss you suc and will go broke either.
LNCO holders be holding the bag of money. The taxes don't get passed to the holders at all. I can put this in my 401K as an investment because the LNCO does pay the taxes. I CAN NOT HOLD LINE!!!!!!!!!!!!!! YOU have no clue when the bonds are do !!!! Not for several years. The appreciation the next couple years will kill the shorties.
THEY HAVE HUGE write offs as oil gets wrote off. HE is farting in the wind. WHEN the tide turns and it is priced to market the gains will be taxed. BY then the stock should be flying