What a continuing crock.
Can you PLEASE give it a rest? After reading it 100 times we all know your screwball position. You aren't going to change anyone's mind here, nor is anyone going to change yours.
Ah, but what a ride it's been!
BUT, if you overlay a chart of LINE (another overhyped MLP) vs. EVEP from Jan. 2011...guess which one comes out ahead?
What I am saying is that they will be lucky to get $600 million from sales this year - and into the next. And over half that will be needed for the midstream and the rest for capex elsewhere.
I don't know what all the hype is. The Utica/Marcellus formations have always been primarily known as gas plays, not oil. The negative liberal press wants to downplay the resource as do some board members (for unknown reasons other than selfish ones.) The USGS indicated some time ago that extraction of the Utica reserves would take approximately 110,000 wells in the gas window and another 17,500 wells in the oil window.
The Utica has more than five times the amount of gas as the Bakken (the Hogshooter is part of a larger play and reserves are not estmitaed solely for that formation), and Marcellus has more than twelve times, at least according to the USGS. However, industry execs disagree with the numbers the USGS has issued, and claim there is more than twice the USGS amount. Oil (not considering wet gas) was never really part of the equation for Utica.
Not even worth answering; if you even have to ask it, it shows your complete lack of understanding of the oil and gas industry.
Yes, I do, and even though MSFT has out-performed it recently I think it will do better in the long run. It's hard to tell what might happen Thursday, sometimes these momentum stocks will shoot up on bad news and collapse on good news. I bought it expecting it to go to 50 and when it gets there I'll decide if I want to hang on to it or not. Oppenheimer raised their PT to $53 on Friday and most other analysts covering it have targets in the 50's also. I am not aware of any deals they might announce, but then again I imagine no one else does either.
Another good stock this week was APO; got in @ 24 and change on Monday, now 27.34 plus dividend of .57. Also made a quick buck on WMC in a turnaround; it's one of Jack's favorites also, FWIW.
This topic is beyond SOB's comprehension (you never see him commenting on Norris political rants). All he knows is reposted old data from websites over and over again, as if he thought people didn't understand it the first time. He measures a lot of people by his own capability.
A field office of the IRS in Cincinnati seems to have hassled right-wing groups more than it did left-wing groups. That's a legitimate concern for both wings and for the center. Politicizing the civil service is dangerous, perhaps more dangerous in the tax office than in any other.
But the bigger problem is that tax bureaucrats have acquired the power to determine what speech is political and what speech may not be uttered by organizations that take tax-deductible donations.
This is upside-down. Tax officials have no business monitoring speech, political or otherwise. The laws, rules, and customs that require them to do so should be obliterated.
In order to protect their First Amendment right to free speech, all individuals and organizations that speak in the political arena should finance their own speech, without their donors' receiving tax subsidies from the federal government.
We should be suspicious of the claim that nonprofit "social welfare" groups should qualify to receive tax-deductible donations and should be able to keep their donors' identities secret, but the answer is not to monitor their speech. The answer is to require them to disclose their sources of funds and to tax them and their donors.
The First Amendment protects free speech, free press, free exercise of religion, and free petitioning of the government. But free means freedom; it does not mean without charge or without tax. It does not say that these activities must be tax-exempt.
Another outrageous post by NorrisFraud posting more outrageous numbers that can neither be supported nor verified. Why anyone puts up with his nonsense is beyond me.
Potato, potahto. The point was that Walker expected billions from the sale and will be lucky to see one tenth of it.
The exchange ISN'T going to give EVEP the dropdowns as expected which would drive distributions higher - at least not any time soon. I can read perfectly fine, thank you; I think you need to take off your rose-colored glasses next time you try.
Not nearly as entertaining as the Mutt & Jeff show you and SOB have down pat.
Tell us, how many 2017 January contracts traded today?
Gold dropped 1.6 percent to $1,364.70 an ounce and silver slid 1.4 percent while coffee plunged 2.1 percent for the biggest declines in the S&P GSCI Index, while natural gas jumped 3.1 percent corn rallied 1.7 percent to lead the commodities gauge higher. West Texas Intermediate oil advanced 0.9 percent to $96.02 a barrel.
The surge in natural gas futures posted the came as the U.S. conditionally approved a Texas liquefied natural gas project. Gas jumped as much as 4.2 percent. The Freeport LNG export project received only the second approval from the Energy Department to export gas to countries that don’t have free-trade agreements with the U.S. The facility would be able to export 1.4 billion cubic feet a day.
Who uses 2017 info? Are you dumber than you appear? How long did you have to search to find one that was in negative territory?
Check June futures, up .104
Today's open: 3.942, Close 4.046 (but had been as high as 4.096)
I have a job. Correcting your and SOB posts all day.
Au contraire NG futures jumped 12 cents immediately on the news.
"It is an historic moment for the United States," said Phil Flynn, senior market analyst at the Price Futures Group in Chicago. "From a price standpoint this is definitely going to put some upward pressure on prices, further out in 2015 to 2018."
How many wells were shut in? What's the average daily production per well? What is the average (not peak) EUR for wells? How many wells are being drilled now? How many rigs are there? Why was production not higher? Did the IRS hold up tax-exempt applications in Cincinnati, and if so, how much did that slow production?
How much midstream production will be coming online in the next six months? Who are the major players in that segment? How many jobs will be created by that segment alone? What's the investment dollars just for 2013, and how much is planned for the next three years? How much has been invested so far?
Which pipeline companies are planning to build through the Ohio Valley and where are they headed? How much is currently going to Canada? New England? What is the current pricing for New England NG?
How much is COG up today? How much is NG up today?
By ignoring most of these questions, it's apparent you have very little knowledge about what's going on there, or are just being obnoxious. I figure it's about 20%-80%. or 80%-20%. Doesn't matter.