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AT&T, Inc. Message Board

robertnupstatecarolina 25 posts  |  Last Activity: Jul 31, 2015 9:58 AM Member since: Jun 24, 2009
  • robertnupstatecarolina robertnupstatecarolina Jul 31, 2015 9:58 AM Flag

    Oil falls after OPEC comments imply no supply cut

  • robertnupstatecarolina by robertnupstatecarolina Jul 31, 2015 9:55 AM Flag

    (Reuters) - Exxon Mobil Corp (XOM.N) reported lower-than-expected second-quarter results on Friday as tumbling crude prices halved profit at the world's largest publicly traded oil company.

    Profit at Exxon's exploration and production business fared even more poorly with a profit of $2 billion, down sharply from $7.9 billion a year earlier.

  • robertnupstatecarolina by robertnupstatecarolina Jul 28, 2015 6:36 AM Flag

    BP one of the world's biggest oil companies, announced a second-quarter replacement cost loss of $6.3 billion Tuesday, and warned that low oil prices are here to stay.
    Bob Dudley, chief executive of the oil major, said in a statement that the "external environment remains challenging."
    As crude gets crushed, traders play for $40 oiL

    The Saudi's said they would regain market share, and they are doing just that, by bankrupting many oil drilling companies around the world. It's bad, but Hero is not the only one suffering.

  • Reply to

    Hero buyout

    by polo.marko60 Jul 24, 2015 11:49 AM
    robertnupstatecarolina robertnupstatecarolina Jul 24, 2015 11:52 AM Flag

    And how do you know a buyout is coming. Is this a guessing game, or do you have hard facts ?

  • Reply to

    We're racing VTG

    by mike_dotcom Jul 22, 2015 1:36 PM
    robertnupstatecarolina robertnupstatecarolina Jul 22, 2015 6:40 PM Flag

    Saudi Arabia said they would take back market share, and they are doing just that. More oil drilling companies will bite the dust and when it's finished the Saudi's will increase oil to $100 plus dollars a barrel.

  • robertnupstatecarolina robertnupstatecarolina Jul 1, 2015 9:00 AM Flag

    HOUSTON (AP) — Seahawk Drilling Inc. said it has filed for bankruptcy protection and plans to sell its fleet of offshore drilling rigs to a competitor for $105 million.
    Seahawk Drilling Inc. plans to sell its fleet of offshore oil rigs, boats and other equipment to a competitor for $105 million as part of a bankruptcy filing.
    Seahawk Drilling via AP
    Seahawk, which announced the deal with Hercules Offshore Inc. Friday, has been hurt by a slowdown in Gulf of Mexico drilling after the BP oil spill last April. The government halted drilling in deep waters and imposed tough new rules that have curtained all energy exploration in U.S. waters.

  • robertnupstatecarolina robertnupstatecarolina Jun 30, 2015 6:04 PM Flag

    With an attitude like yours, you deserve to lose your money and live in a card board box

  • robertnupstatecarolina by robertnupstatecarolina Jun 30, 2015 5:01 PM Flag

    Remember a few years back when Obama shut down the Gulf of Mexico because of the BP/Trans-ocean oil spill ? That in my opinion starting the ball rolling down hill. Obama would not allow permits to be issued therefore Hero could not get contracts and the revenue stream started drying up. Hero would be in a whole lot better shape with more cash flow on hand if the moratorium had not been put on the Gulf of Mexico. That's why Sea Hawk declared bankrupt and went totally out of business. Hero should sue the government for damages.

  • Reply to

    We got a huge problem here!

    by chokedbyfist Jun 30, 2015 6:37 AM
    robertnupstatecarolina robertnupstatecarolina Jun 30, 2015 11:26 AM Flag

    How do existing shareholders have 100 times the value when our current holdings are cut to a fraction ? Please explain.

  • robertnupstatecarolina robertnupstatecarolina Jun 21, 2015 5:53 PM Flag

    Saudi Arabia said they were losing market share and they would do whatever it takes to regain that share, so they flooded the world with oil and drove down the price to force the drillers in America out of business. It appears the plan has worked, and the Saudi's are winning. Layoffs and bankruptcy is hitting the oil industry in America.

  • Reply to

    cant post letter to investor relations

    by caddor38 Jun 20, 2015 3:41 PM
    robertnupstatecarolina robertnupstatecarolina Jun 20, 2015 7:28 PM Flag

    Investor Relations:
    If you have questions, you are welcome to call our hotline at
    +1 (888) 647-1715 (for domestic callers) or +1 (310) 751-2619 (for international callers) for
    further information.

  • Reply to

    back up the truck HERO will Survive

    by coast2coast1974 Jun 18, 2015 12:57 PM
    robertnupstatecarolina robertnupstatecarolina Jun 19, 2015 9:28 PM Flag

    You say you told me many times this was going to happen, so if you were so sure, then why didn't you sell when the price was $6.78 ? You rode this stock all the way down to .25 cents.

  • Reply to

    back up the truck HERO will Survive

    by coast2coast1974 Jun 18, 2015 12:57 PM
    robertnupstatecarolina robertnupstatecarolina Jun 19, 2015 5:53 PM Flag

    Yes, Hero could survive and even prosper, but the existing shareholders will get the shaft. After the re-organization our shares will be worthless.

  • Reply to

    walter energy

    by fd1210 Jun 8, 2015 9:54 AM
    robertnupstatecarolina robertnupstatecarolina Jun 8, 2015 10:09 AM Flag

    At last report the company had about 209 million dollars cash on hand, so they will not be announcing bankruptcy anytime soon.

    Sentiment: Strong Buy

  • robertnupstatecarolina by robertnupstatecarolina Jun 2, 2015 5:19 AM Flag

    "You need to drill more wells if you are producing 10 million barrels per day and maintaining your spare capacity," he said.

    "It is also a natural phenomenon in the oil business, that the more you produce, the more you deplete your reserves and the more rapidly your field capacity declines. You need to drill more wells more frequently, simply to maintain production capacity." They're is talk by the Saudi's of increasing the rig count by 30 by next year.

    And I believe this will effect Hero in a positive way going forward with additional rig contracts and the financing of Hero debt.

    Sentiment: Strong Buy

  • Reply to

    Same old same old

    by mike_dotcom Jun 1, 2015 9:45 AM
    robertnupstatecarolina robertnupstatecarolina Jun 1, 2015 10:06 AM Flag

    Ditto !!!

    Sentiment: Strong Buy

  • Reply to

    Up today and no bankruptcy shorty

    by swp3 Jun 1, 2015 7:06 AM
    robertnupstatecarolina robertnupstatecarolina Jun 1, 2015 8:19 AM Flag

    Maybe I should have made myself a little more clear. I'm speaking of only the rates of the three rigs with Saudi Aramco not the bottom line of the entire Hercules operation.

    Sentiment: Strong Buy

  • Reply to

    Up today and no bankruptcy shorty

    by swp3 Jun 1, 2015 7:06 AM
    robertnupstatecarolina robertnupstatecarolina Jun 1, 2015 8:13 AM Flag

    Is it the people on this board who are stupid, or just you ? It appears you have your head stuck up your tale. Having lower day rates is better than having no day rates at all.

    Sentiment: Strong Buy

  • Reply to

    Up today and no bankruptcy shorty

    by swp3 Jun 1, 2015 7:06 AM
    robertnupstatecarolina robertnupstatecarolina Jun 1, 2015 7:48 AM Flag

    How is this good news ? The rigs will not be cold stacked and jack-up rigs in shallow water have the lowest operations cost, so even with lower day rates Hero can still be profitable.

    Sentiment: Strong Buy

  • robertnupstatecarolina by robertnupstatecarolina May 29, 2015 5:42 AM Flag

    Oil settled modestly higher Thursday, with analysts attributing the last-minute turnaround to a fourth straight weekly decline in U.S. crude inventories.
    Economy slowly getting stronger and this brings increase in oil/gas demand.

    The commodity also gained support from a slightly weaker dollar as well as strong demand for gasoline, which can draw down oil supplies.

    Prices had traded lower for the bulk of the session following recent strength in the dollar, but pared losses after news of the supply decline, despite data showing an increase in weekly oil production.

    July crude CLN5, +1.27% tacked on 17 cents, or 0.3%, to settle at $57.68 a barrel on the New York Mercantile Exchange. Prices, which was around $56.66 right before the supply data, settled higher for the first time in four sessions.

    July Brent crude on London’s ICE Futures exchange LCON5, +1.05% rose 52 cents, or 0.8%, to $62.58 a barrel.

    U.S. crude-oil prices firmed up slightly “on very strong gasoline demand signals,” with implied gasoline demand near record levels, said Richard Hastings, macro strategist at Global Hunter Securities.

    Total motor gasoline product supplied, which is an indication of oil demand, averaged over 9.2 million barrels a day over the last four weeks, up 1.6% from the same time last year, the U.S. Energy Information Administration reported Thursday.

    The EIA also reported a fall of 2.8 million barrels in crude supplies for the week ended May 22. That was bigger than the 1.8 million-barrel decline expected by analysts polled by Platts.

    Sentiment: Strong Buy

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34.74-0.06(-0.17%)Jul 31 4:01 PMEDT