The best part is you don't know #$%$ about the guaranteed (( hedge ))) money !!!!! The stock is down from 25 dollars ................... I would say the cycle will turn around in time for a good return.
Hedge funds and investment groups have been buying debt and not the companies lately and that will change. VNR and BBEP have been buying independent smaller companies.... Same with the major oil companies... .. normal risk/reward evaluation not seen in good blue chip companies for years. Macro events worldwide like Middle East problems should spur our own independent oil companies as they actually have the cost advantage with many companies. ISIS could set the EAST on fire or take the fields and sell the oil them self. The Governments need higher oil prices ((( period)))) to maintain order . Civil unrest will play into ISIS hands and the legit government who we back know this.... Higher oil or ISIS is their choice. Many US oil companies break even around 65 dollar oil the Middle East must have a lot higher oil prices for social unrest and shipping. Unless they want to give us free oil... The 20 to 40 dollar predicters are blow hard shorts that don't have a clue..... Goldman is a bunch of IDIOTS on OIL....
Decade lows, financing in place for most independents, short covering, natural demand and growth coming, funds will buy as the must stay in the markets as major equities run out of steam, macro events, inventories getting better slowly, eye popping dividends, most oil and companies are hedged higher for a couple of years.... ALL PAST cycles have ended with in a year .... OIL hits bottom and bounces... CROCKED SHORTS have lied about the middle east on fire would not raise prices and supply issues wont be resolved by rigs shutting down to hedged oil only and running the lowest cost oil rigs. technology is changing and producing a lot lower oil prices.... OIL cost is coming down dramatically..... the USA will win at lower cost OIL . the Middle east oil will come up or they will have to give u ----extracting-chemical systems-delivery savings, water/oil piping, world demand will always increase with growth and industry ,
,1) a number of technical indicators show that the market could be presenting an opportunity to enter crude oil on the long side. Including the coiled RSI and over sold s RSI , still up from bottom, , 2) many oil companies have Fundamentals, bank support and strong assets.... higher book value.... Great opportunity to own quality-cheap 3) Downgrades and analyst begging for cheap shares with simple cases, lies and over analyzing irrelevant variables. This is further confirmed by bearish extremes in sentiment and we now have positive seasonality maintenance and cleaning in the sector. 4) Historic patterns now fitting chart patterns of retrenchments and gains, same old market cycles 5) normal risk/reward evaluation not seen in good blue chip companies 6) people are overlooking hedges and dividend 6) shorts covering for fuel 6) overstated bear case for storage and companies balance sheets of assets 7) Macro events worldwide like middle east problems supply chains 8) Economies getting better world wide eventually-people growth ,economic , industrial 9) rig counts shutting down, capx spending down will create a need 10) war in 5 countries 11 ) its a cycle- there has been 4 the last twenty years 12) average break even is around 65 dollars for many independent US companies- middle east breakeven is higher!!!!!!! explain in next post 13) commodity that is needed as world grows-industrializes 3 world 14) shorts over extended here - great entry after sell off 15) rebound to natural level imminent and time on longs side ONLY ONE PLACE FOR MONEY
Buy the oil sector........... Dow and Nasdaq over bought • Takeover target- The industry is coiled like a snake and you are right about the middle east not keeping oil down much longer..... Next post explaining.
"But Mr Botten said shale producers were unlikely to disappear, saying that while they have higher costs than traditional players, they were able to switch production on and off quickly. And they were quickly becoming more efficient, he said. "If you think $55 a barrel is their breakeven price today, next year its likely to be $45 a barrel," he said. (Oil Search)
Lukoil (Russia) said on Forbes that they expect oil to stay low for three to seven years, while Chevron's CEO suggested $60 was a level that was economically sustainable for the industry.
Question: MCEP could hedge, today, WTI in 2018-19 in the mid $60's, insuring the present distribution. Should it do so? At $60 it can't meet the covenant, but at $65 it's okay. ARP hedged oil at $68 in 2019.
IS OPEC fools enough to give us free oil and just charge the 20 dollars shipping cost???? How long will the supply last? Even at 40 dollar oil the Middle EAST will be on fire. DEMAND will only increase in the future. LOW oil will increase use. Create more demand. OPEC will not continue with 40 dollar oil and keep their countries happy as they are now the high cost provider.
How long will OPEC pay us for using their oil???? That's the supply you are talking about. Our companies will shut down to survive as before and produced the hedged amount.. .... How long before IRAN , IRAQ ,OPEC countries cave to their people? Will we buy ISIS oil? I have heard fools say companies cant make it..... I disagree.
We don't know how long shale is going to last// I think we do.... The cost of shipping??/ Compare the pipeline to ships please.... The middle EAST is about to loose. Blow up and be third world.
Then the 70 and 90 the world could not get enough oil ...OPEC will be the high cost producer with new technologies and cheaper AMERICAN oil. How long before the world blows up when instability...of the ARAB states going broke????? WAR is inevitable. ... Liston to any HAWK republican........ Will you buy ISIS oil???? Its coming... How will the cost of oil not increase from oil refineries and field going up in smoke. The high distribution from over seas oil will not be needed with cheaper American oil breaking even about 65 dollars.... The world is a powder keg and the longer we see 65 dollar oil the worst the middle east will get as the people absolutely need subsidized. Higher oil is inevitable.
not according to the doom and gloom reports from Goldwin. The world will power Electrical plants with small 9 volt batteries and cars run on undiscovered technologies next year. The world power need will magically quit growing with an infrastructure not existent. I am glad Goldman is in la la land to show us what really powers greed and false , biased short positioned press.
Hedged two years out is a long time when rigs are going down right and left. I trust you have never looked at a oil MAX chart. If you have you would be educated to the patterns of oil trading and NEVER before has it been down that long. EVERY cycle shorts brought it down and the industry reacts and shuts down to create a need in less then a year. THEN THERE are fools that take earnings a fair value in a down cycle. NOT the historic value of land , machinery and assets for a true base to borrow against. SCARES and lame doom talk have been over stated. The world could blow up in war faster then three years of down prices in oil.
Goldman, is one of the worst indicators. They put out a bunch of cra??? to make money $#%^&*() They are what is wrong and why the new generation is not investing.
pre oil pricing?????? BSSSSsssst That had expansion and growth taking the profits.... The industry over developed fields and put all kinds of cost in finding and developing in the numbers. Now the methods have completely changed. They drill many wells in a area now and force the oil to the rigs. They don't space rigs out as before as one improvement. The institutions and hedge funds have created the fear and doom. YES there is a glut but these companies have went through many down turns. They will survive and the asset base is complete in many cases. ONLY the PPS will change for a relatively short time. . THE PPS is manipulated and many blame the market for their thievery and tricks.
that is where you are dead wrong. New technologies like chemicals to extract oil have made much progress. The oil and water lines make a huge difference. Consolidation is taking place and the biggest will get bigger. VNR BBEO and all the big boys are buying the small because of the huge asset bases they carry. ITS the shorts that have created this opportunity to buy cheap. NEW PUMPS that turn off and on when needed is a great example of the new technologies. MANY ((((MANY))))))) companies can break even below 70 dollar oil.... MOST are hedged there. They may not be able to complete the capx schedules and report heavy expansion. They have leaned down to only run the most profitable rigs and sites. Shorts and the Arabs have convinced retail oil will stay down for years and defy historical patterns and cycles. ASSETS to PPS have never looked better for the industry. HUGE bargains and gains will eventually be made if oil pops back in the next two years. IT has already surprised most analyst.
I have heard about delusional left over hippies claiming 20 to 40 dollar oil is coming. The only thing that has happened is ISIS takes more oil rigs, oil finds support, shorts lying, companies hedged, daytraders making money up and down pricing. Longs will double over time and know time is on their side. The scares from shorts are at a point of being ridiculous.
Decade lows, financing in place for most independents, short covering, natural demand and growth coming, funds will buy as the must stay in the markets as major equities run out of steam, macro events, inventories getting better slowly, eye popping dividends, most oil hedged, technology ----extracting-chemical systems-delivery savings, water/oil piping, world demand will always increase with growth and industry ,
buy the oil sector...charts -low now 3) . Takeover target- The industry has had 4 down turns in the last 20 years. IT’S a cycle. - 4) it’s a great time to buy-waters fine now as the shark shorts have to cover in time 5) ) a number of technical indicators with coiled RSI 6) FUNDEMENTALS overlooked most have hedges , dividends, assets $$ 7) like Buffet. Record lows and strong assets should bring in basement buyers and mergers. 8) Higher book values and low PPS.... 9) never before we have Great opportunity to own quality-cheap bearish extremes like the 2000 blow out again. 10) Overdone selling with bear raids, poor sentiment and we now have a huge buying opportunity. 11) PAST repeats itself time and time again. Learn the patterns and trade the fact and historic patterns. 12) Historic patterns now fitting chart patterns of retrenchments and gains, same old market cycles 13) ... Hedge funds and investment groups have been buying debt ((cheap assets) and not the companies lately and that will change. Consolidation...14) .. Normal risk/reward evaluation with solid stock gains possible....15) . ISIS, news not going away.... 16) GET the FACT and not analyst hog wash- Many US oil companies break even around 65 dollar oil the middle east must have a lot higher oil prices for social unrest and shipping GOLDMAN and Analyst have lied , manipulated, shorted and now cover and going long… small independent oil companies can break even at 65 dollars. New technologies like water/oil piping, recycling, infrastructures upgrades, chemicals, delivery systems, pumps that shut off/on can lower cost to beat Mid East oil. . OPEC countries need 90 dollar oil for shipping and keeping social unrest balanced. Their countries are not secure any more. They are hurting and in trouble. This alone as the macro events make oil a must buy. Shorts have lied for so long. Technicals and fundamentals say buy the down cycle. Cycles come and go and the world grows economically and population. This is a gift...........drilling companies led the gainers today. These small oil plays assets are a gift to acquiring companies as the assets increase the borrowing base of the acquiring company. They are buying like buffet does. . I can give you 20 reasons to buy upon request.
we have people that this believe in 20 dollar oil to rebound to 90 dollars in 18 months like Pickens. its a cycle that has been played out 4 times in the last 20 years. the smart ones hedged a couple years out. most will make it as the shorts are long in the tooth right here.