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ConocoPhillips Message Board

rgchjr1945 29 posts  |  Last Activity: Jan 31, 2016 1:09 PM Member since: Sep 27, 2011
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  • rgchjr1945 rgchjr1945 Jan 31, 2016 1:09 PM Flag

    This must have been a recent purchase because Warren has been buying stock in PSX for at least 4 years. He swapped many of the sub $50 shares to buy a chemical company from them so that there was not tax implications for either party. This stock has been unduly hit because of ETF's that it is in and program trading by fast change artists on wall street. Bottom fishing also never seems to work. I got most of my shares at the spin off and there after.

    Sentiment: Buy

  • Reply to

    any splits in sight

    by jlc99 Jan 7, 2016 12:51 PM
    rgchjr1945 rgchjr1945 Jan 29, 2016 4:42 PM Flag

    All time high both intra-day and closing. Closed at $111.73. Question is do they split the stock causing them more expense to gain a few more individual investors. 73.5% of stock held by institutions.

  • Reply to

    UA's gains today...

    by george_broski Jan 28, 2016 2:27 PM
    rgchjr1945 rgchjr1945 Jan 28, 2016 4:12 PM Flag

    High valuation causes UA to whip saw in the short run. Things to watch for is explosion in shore sales for all sports and connected fitness. A few techies can drive huge volumes of revenue with UA online CF initiatives. Hard goods take expanded channels which is expensive and takes years to develop. This is much more than a clothing and sports shoe company. The CEO is a visionary so never underate him.

  • Reply to

    What does everybody think about the

    by home_depot_h20back Dec 28, 2015 7:41 PM
    rgchjr1945 rgchjr1945 Dec 30, 2015 2:10 PM Flag

    Let me help. When O'bama took office there were approx. 234.7 million in the pool of people included in the possible labor force with 65.7% with jobs or 154.7M. 7 years later the same statistic has grown to 251.7M while the number employed is 157.3M employed with a participation rate of 62.5 % which is the lowest in at least 30 years. So while we have 3.0M more employed the pool of labor grew by 17.0M. It implies an unemployment rate of just under 10%. Bottom line is more people are worse off and those working are making less when wages are adjusted for inflation. On top of all this the national debt is through the roof. One might say that incompetence rules.

    Sentiment: Buy

  • Reply to

    Where are all the happy people?

    by lamontcranston17 Nov 6, 2015 11:44 AM
    rgchjr1945 rgchjr1945 Dec 29, 2015 1:11 PM Flag

    Now it is down over $1. The stock is thinly traded and bounces around. Nothing significant will happen until earnings and the conference call In the end earnings it what matters and the stock reacts to actual earnings or news related to earnings.

  • Reply to

    What does everybody think about the

    by home_depot_h20back Dec 28, 2015 7:41 PM
    rgchjr1945 rgchjr1945 Dec 29, 2015 12:18 PM Flag

    What does it have to do with LOW.

  • Reply to

    STOCK TRANSFER AGENT

    by tomcarr49 Oct 28, 2015 9:43 AM
    rgchjr1945 rgchjr1945 Dec 29, 2015 10:39 AM Flag

    If you check Broadridge Transfer agents you will find that they are the Transfer agent for Dominion. They do a host of communications and services for corporations. I do not reinvest dividends but did check out Dominions shareholder site and apparently all interaction between shareholder and Dominion is through Dominion. Broadridge is transparent to the investor.

    Sentiment: Buy

  • rgchjr1945 rgchjr1945 Dec 28, 2015 3:45 PM Flag

    The National Bureau of Labor Statistics shows that unemployment rate is down to its lowest level in Wisconsin in November 2015 stats. Going back to 2005 there is no month with a lower rate. In fact the number unemployed is down 30,281 for 11 months. The number actually employed is about the same but has been rising in resent months. Participation rate is down but nationally it is down significantly. Possible large number of baby boomers retiring. Of course the national reduction in labor force is probably associated with the O'Bama effect were jobs are being lost nationally do to poor economic policies and massive new regulations which tends to kill off new business growth.

  • Reply to

    Customer Fuel Surcharges

    by fire2ball Dec 27, 2015 8:47 AM
    rgchjr1945 rgchjr1945 Dec 28, 2015 12:00 PM Flag

    Q: Why do you charge a fuel surcharge component?
    A: This charge helps us keep up with the changing costs of diesel fuel on a company-wide basis and provides the stability we need to continue to maintain the high level of service our customers expect. Fuel charges are common in the transportation industry and are charged by other waste haulers, trucking companies and airline carriers.
    Q: If the price of fuel goes down, will my fuel surcharge component go down too?
    A: Yes, if the EIA/DOE's national average diesel price falls, your fuel surcharge component will come down as well. Tying the charge to this publicly reported price allows us to be responsive to fuel cost changes.
    Q: How can I access the Department of Energy Weekly Retail On-Highway Diesel Prices Index?
    A: Here is the link to the EIA/DOE. This site is updated every Monday evening.
    Q: Why is there a fuel surcharge when the cost of fuel is less than what it was when my contract began or was renewed?
    A: Our fuel surcharge uses a $.95/gallon baseline diesel rate, regardless of when a customer’s contract begins or renews. We believe employing a fuel surcharge that uses a common baseline rate for the company’s customers is the best approach, as it results in a uniform fuel surcharge that can be calculated by our customers by referring to the fuel surcharge tables.

  • rgchjr1945 rgchjr1945 Dec 22, 2015 7:02 PM Flag

    I saw those short numbers. So in after hours according to NASDAQ only 641.407 shares have been traded. There must be at least 9 million shares short still out there. What happens in the AM. The pain has to be excruciating. Let them suffer.

  • Reply to

    Why the drop today?

    by chaz2051920 Dec 22, 2015 11:22 AM
    rgchjr1945 rgchjr1945 Dec 22, 2015 1:40 PM Flag

    Too many head winds. Warm weather will cause inventory issues. Currency issues. Overall market has lost leadership. So high PE stocks get taken to the woodshed. Have faith, some day and probably soon the few data engineers will allow UA to monetize the whole fitness operation on their social media sites. A few people will drive billions in revenue with very little expense. Today it is still a drag but hang on to your hat. When it takes off growth will go through the roof. UA is now more than being all about the shirt.

  • Reply to

    A & P Bankruptcy

    by bill3442li Dec 11, 2015 2:50 PM
    rgchjr1945 rgchjr1945 Dec 22, 2015 1:24 PM Flag

    As of Nov 11th only about 100 stores were unspoken for. Not a lot considering all the food stores in their footprint. See info from 11/11/15 article below:

    Thus far, A&P has received court approval for the sale of 167 of its 297 stores for a total of $615.7 million, and it has pending offers totaling $81 million for 20 more stores. The company said it expects to raise an additional $61 million by selling store inventories. A&P also received $42 million for selling its pharmacy records from 109 of its stores.

    Most of the 187 stores that have been sold, or have offers awaiting court approval, were bought by supermarket companies that will continue to operate them as grocery stores. But the future of about 100 more stores remains unknown.

  • Reply to

    Daytraders take note of this

    by leanorausmatarlji2005 Dec 21, 2015 1:31 PM
    rgchjr1945 rgchjr1945 Dec 22, 2015 1:08 PM Flag

    Even shorter - SPAM!!!

  • Reply to

    Monthly Updates

    by dukdre23 Oct 25, 2015 9:14 AM
    rgchjr1945 rgchjr1945 Dec 22, 2015 1:07 PM Flag

    So do you think that this is a reason that the stock price has rallied some? This is not the only industrial hit by both problems in the oil patch and currency issues. If the easing in Europe starts to bear fruit for European companies it should stimulate demand for EMR products. Exporting US oil may also help.

  • Reply to

    Dividend Increase/Stock Buyback

    by qofaslave69 Dec 15, 2015 11:36 AM
    rgchjr1945 rgchjr1945 Dec 22, 2015 1:03 PM Flag

    Agree. One of my core holdings. They industry is also recovering from the great recession plus they are making recycling profitable again by altering all the contracts. Even though diesel prices are way down fleet conversion to Natural gas powered vehicles will be a huge plus down the road. The daily over supply in oil is really not that large and lack of investment and slow growth worldwide will reverse supply in demand eventually.

  • Reply to

    time for 2 for 1 split

    by kevin_launius Nov 30, 2015 8:09 PM
    rgchjr1945 rgchjr1945 Dec 22, 2015 12:58 PM Flag

    I do not follow the logic since it is the light sweet crude from shale that will be exported. PSX cannot handle anymore of that. PSX also owns pipelines and terminals which would benefit. WTI is only a benchmark as every oil field has its own characteristics and a lot of the oil that PSX buys is way below WTI benchmark. Furthermore, refining will make up a lesser portion of PSX revenue and earnings as they invest in midstream and chemicals.

  • rgchjr1945 rgchjr1945 Dec 22, 2015 12:53 PM Flag

    Thanks for the info. Lots of the pipe projects are now pull where utilities need the gas fro electricity production. THis will be a long process over many years since a lot of the shale gas is not where the pipe is today. Where there is pipe it passed the fields and is not enough to handle new production.

  • Reply to

    Why up so Much?

    by love1shelton Dec 16, 2015 3:46 PM
    rgchjr1945 rgchjr1945 Dec 17, 2015 2:36 PM Flag

    Just because the Fed raised rates at the short end does not mean that the long end will necessarily go up. At least for now the 10Y bond stalled out at a yield of 2.3% and has backed off to 2.234% today. Average utility yields 3.6% in comparison. Furthermore, most utilities will be raising their dividends for years to come. There is a lot of CAPX going on and utilities make more when their investments rise. Too much work has been deferred over the years and things like gas main replacement and electric distribution wire must be replaced with matching rate increases from the state commissions. There has been a lot of talk about utilities not liking rising fed rates but historically the reverse is true.

    NEE happens to be a first class utility liked by investors so while all utes have been rising recently, NEE has been going up faster. One last thing, higher rates mean stronger dollar hurting international companies due to currency conversion. A company like NEE gets 100% of earnings in the US so there is no angst about currency risk.

  • rgchjr1945 rgchjr1945 Dec 16, 2015 4:35 PM Flag

    Too much political BS swirling around the biotech sector. Valuation parameters are quite reasonable for CELG but the politicians always find a way to ruin a good thing.

  • Reply to

    Partnership / Merger Candidate ~ NEE & PEG

    by codylacy1212 Dec 16, 2015 10:41 AM
    rgchjr1945 rgchjr1945 Dec 16, 2015 12:43 PM Flag

    Unlikely. PEG was looking to takeover another company and that would not happen with NEE since it is much larger and PEG can hide behind their utility commision in a hostile for PEG. NEE already involved with Haaii which is taking all of their efforts since it is not a slam dunk.

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