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Triangle Petroleum Corporation (TPLM) Message Board

save_n_investte 34 posts  |  Last Activity: Jul 23, 2014 8:47 PM Member since: Aug 14, 2012
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  • save_n_investte by save_n_investte Jul 23, 2014 8:47 PM Flag

    From Investor's Business Daily:

    YY boasts a 3-year EPS growth rate of 340%. In its most recent quarter, earnings rose 143% as revenue climbed 111%. YY will report Q2 earnings on Aug. 6. Wall Street expects a 66% advance.

  • save_n_investte save_n_investte Jul 23, 2014 8:27 AM Flag

    That totally and absolutely depends on your personal financial and tax situation. No two investors are the same. One thing a lot of people/investors don't know is that there is currently a 0% capital gains tax rate for dividends. This 0% rate is applicable to all who fall into the 10%-15% income tax brackets and, effective 2013 has been enacted as a permanent part of the US tax code. So, if you fall into these brackets, you can receive your dividend payouts, tax free. But there are many advantages in putting funds into Roth or pre-tax retirement accounts. Again, it all depends on your own personal financial situation. You have to do your own due diligence and work out your own financial plan. Don't ask anyone else.

  • Reply to

    WHEN will spinoff occur?

    by ann_arbor_gal Jun 6, 2014 1:24 PM
    save_n_investte save_n_investte Jun 6, 2014 10:34 PM Flag

    From the LA Times:

    Occidental Petroleum's Golden State assets will be spun off by year's end into a company called California Resources Corp..

  • save_n_investte save_n_investte Jun 5, 2014 11:23 PM Flag

    "take a look at NADL"

    I'm already heavily weighted in the drillers, to include ESV, RIG, and Seadrill. For diversification purposes I'm not looking at another driller.

    PS. I bought ESV in the early 1980's when it was called Blocker Energy.

  • save_n_investte save_n_investte Jun 5, 2014 10:21 PM Flag

    Occidental Petroleum's Golden State assets will be spun off by year's end into a company called California Resources Corp..

    The oil and gas giant said Thursday that the subsidiary filed documents with the U.S. Securities and Exchange Commission in preparation to split off its California business.

    The longtime Los Angeles company announced in February that it was moving its headquarters to Houston and turning its California business into a separate publicly traded company.

    Occidental Petroleum, known as Oxy, still has not said where the California company will be headquartered. Los Angeles is facing competition from rival cities such as Long Beach for the chance to play host to California Resources, which will remain the state's biggest natural gas producer.

    California Resources will focus on bringing its considerable resources to increasing oil and gas production in the state, according to the security filings. Those efforts will include more use of modern technology and increased capital spending, the company said.

    "We believe that over the last several decades the oil and gas industry has focused significantly less on utilizing modern development and exploration processes and technologies in California relative to other prolific U.S. basins," California Resources said in the security filings. "As an independent company focused exclusively on California, we expect to drive strong production growth."

    Occidental Chief Executive Steve Chazen, who is staying with the original company, said last month in a call with analysts that management for the California business will be publicly named in the third quarter.

    Chazen also said that California Resources would find plenty of spots to drill despite efforts in parts of the state to ban a drilling technique called hydraulic fracturing, or "fracking."

  • Occidental Petroleum Announces Form 10 Filing Related to Spin-Off of its California Business
    2 hours ago

    HOUSTON--(BUSINESS WIRE)

    Occidental Petroleum Corporation (OXY) today announced that its subsidiary, California Resources Corporation (CRC), has filed a Registration Statement on Form 10 with the U.S. Securities and Exchange Commission (SEC) in connection with Occidental’s previously announced plan to spin-off its California oil and gas business.

    Following its spin-off from Occidental, CRC will be an independent oil and natural gas exploration and production company focused on high-growth, high-return conventional and unconventional assets exclusively in California.

    The Form 10 contains preliminary information about the potential terms and conditions of a spin-off of CRC. It also includes information about CRC as a stand-alone company, covering financial, capital structure, business, risk factor and management and governance information. The Form 10 will be revised and updated in future amendments.

    The Form 10 is available in the Investor Relations section on Occidental’s website.

  • save_n_investte save_n_investte Jun 5, 2014 9:42 AM Flag

    I have been in this stock since $7.30. I don't own a lot of shares, only 500, because I'm normally a 'dividend only' investor. But I liked the outlook for TPLM, so I bought a couple of lots of 250 shares each. Quit affordable.

  • Investors are always looking for stocks that are poised to beat at earnings season and Triangle Petroleum Corporation (TPLM) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.

    That is because Triangle Petroleum is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings—with the most up-to-date information possible—is a pretty good indicator of some favorable trends underneath the surface for TPLM in this report.

    In fact, the Most Accurate Estimate for the current quarter is currently at 12 cents per share for TPLM, compared to a broader Zacks Consensus Estimate of 10 cents per share. This suggests that analysts have very recently bumped up their estimates for TPLM, giving the stock a Zacks Earnings ESP of 20.00% heading into earnings season.

    Why is this Important?

    A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).

    Given that TPLM has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Clearly, recent earnings estimate revisions suggest that good things are ahead for Triangle Petroleum, and that a beat might be in the cards for the upcoming report.

  • Reply to

    Reason Why RR's are Being Hit Hard Today

    by save_n_investte Jun 3, 2014 10:52 AM
    save_n_investte save_n_investte Jun 4, 2014 10:24 AM Flag

    "Why do liberals all play the race card?"

    In order to deflect attention away from liberal policies and costs due to those policies. To deflect attention away from their ineptitude and to lock in the 'minority/victim' vote.

    Rather than have to defend their policies it's so much easier to claim racial/sexist bias against their opponents. Again, I reiterate, I don't dislike Obama because he is black, but because he is an incompetent buffoon of a president.

  • Reply to

    Reason Why RR's are Being Hit Hard Today

    by save_n_investte Jun 3, 2014 10:52 AM
    save_n_investte save_n_investte Jun 4, 2014 9:50 AM Flag

    "Another white boy who can't handle having a black President"

    Why do you want to play the 'race card'. I don't dislike Obama because he's black. I dislike him because he's a liberal socialist buffoon. And his foreign policy is inept too. Putin and the Taliban are dancing circles around him. They are laughing at his ineptitude.

  • It seems that the demand for oil drilling services is picking up:

    SeaDrill Ltd. & TOTAL in $1.1B Deal; Norwegian oilfield service firm, SeaDrill Limited (SDRL) has signed a five-year contract with international oil and gas major TOTAL S.A.’s (TOT) Nigerian arm, Total Upstream Nigeria Ltd. The market responded favorably to the news, with SeaDrill Ltd.’s shares gaining about 1.2% in the NYSE.

    Per the contract, TOTAL will employ SeaDrill Ltd.’s ultra-deepwater drillship West Jupiter for its EGINA ultra-deep offshore project in Nigeria. The deal is expected to garner $1.1 billion in revenues, including mobilization costs. With this deal in the basket, SeaDrill has about $20 billion in total backlog.

    West Jupiter, a 6th generation drillship, will likely be delivered in Aug 2014 from the Samsung Heavy Industries shipyard, located in Geoje, South Korea. This drillship will have the capacity to work at a water depth of up to 12,000 feet and drill to a depth of 37,500 feet. The newbuild is one of eight such drillships under construction at SeaDrill Ltd.

  • This news should buoy RIG and all drilling companies/stocks:

    SeaDrill Ltd. & TOTAL in $1.1B Deal

    Norwegian oilfield service firm, SeaDrill Limited (SDRL) has signed a five-year contract with international oil and gas major TOTAL S.A.’s (TOT) Nigerian arm, Total Upstream Nigeria Ltd. The market responded favorably to the news, with SeaDrill Ltd.’s shares gaining about 1.2% in the NYSE.

    Per the contract, TOTAL will employ SeaDrill Ltd.’s ultra-deepwater drillship West Jupiter for its EGINA ultra-deep offshore project in Nigeria. The deal is expected to garner $1.1 billion in revenues, including mobilization costs. With this deal in the basket, SeaDrill has about $20 billion in total backlog.

  • save_n_investte by save_n_investte Jun 3, 2014 3:41 PM Flag

    SeaDrill Ltd. & TOTAL in $1.1B Deal
    Zacks By Zacks Equity Research
    23 minutes ago

    Norwegian oilfield service firm, SeaDrill Limited (SDRL) has signed a five-year contract with international oil and gas major TOTAL S.A.’s (TOT) Nigerian arm, Total Upstream Nigeria Ltd. The market responded favorably to the news, with SeaDrill Ltd.’s shares gaining about 1.2% in the NYSE.

    Per the contract, TOTAL will employ SeaDrill Ltd.’s ultra-deepwater drillship West Jupiter for its EGINA ultra-deep offshore project in Nigeria. The deal is expected to garner $1.1 billion in revenues, including mobilization costs. With this deal in the basket, SeaDrill has about $20 billion in total backlog.

    West Jupiter, a 6th generation drillship, will likely be delivered in Aug 2014 from the Samsung Heavy Industries shipyard, located in Geoje, South Korea. This drillship will have the capacity to work at a water depth of up to 12,000 feet and drill to a depth of 37,500 feet. The newbuild is one of eight such drillships under construction at SeaDrill Ltd.

  • save_n_investte by save_n_investte Jun 3, 2014 11:05 AM Flag

    He's bypassed Congress and ordered the EPA to come up with impossible regulations for the coal industry. Obama is just pleasing his lackey environmentalist support group and he doesn't give a whit about coal miner's jobs, business, or the energy demands of the country. BTW, Obama and the EPA's new regulations are the reasons the the pps of all the RRs are down today.

  • It's because of Obama's new push to eliminate coal from the US's energy scene. He bypassed Congress and just ordered his lackey's in the EPA to mandate his new anti-coal program. His environmental buddies are laughing at the coal miners who will lose their jobs and they are laughing at businesses and investors.

  • Until CSX can come up with a stellar quarterly report, in terms of revenues, profit, and outlook for future business. Until then look for a trading range of $28-$30.50.

  • Reply to

    Oped Article From Motley Fool on ERF

    by save_n_investte May 29, 2014 12:23 PM
    save_n_investte save_n_investte May 29, 2014 12:26 PM Flag

    Plenty of running room

    Enerplus has plenty of running room to grow thanks to its decision to focus its attention on the U.S. shale boom as its core growth engine. Enerplus will still see 10% production growth from its Canadian oil assets alone.

    Enerplus’ prospects are strong

    Right now, Enerplus has powerful growth prospects thanks to its oil-rich position in the Bakken, which just keeps getting better over time. The bottom line is if you want to own a high-yielding Canadian energy company, Enerplus offers the most long-term upside, as its position in the Williston Basin just keeps growing,

  • save_n_investte by save_n_investte May 29, 2014 12:23 PM Flag

    Enerplus (TSX: ERF)(NYSE: ERF) seems to be flying under the radar these days. The high-yielding stock is producing some compelling numbers that investors are simply missing. Two of those numbers are being fueled by the big opportunity found at the company’s Bakken Shale operations.

    Drilling down into the Bakken

    Last quarter, Enerplus drilled its best two wells to date in the Williston Basin. The first well, Hognose, was drilled into the second bench of the Three Forks formation, which is an area not currently counted among Enerplus’ future drilling opportunities. This well, however, produced 60,000 barrels of oil in just 26 days, which is about 2,300 barrels of oil per day. It was the company’s best well drilled to date in this shale, which suggests that it has a lot of potential to deliver future value to investors as Enerplus taps the shale underneath the more well-known Bakken Shale.

    In addition to that, Enerplus drilled its best Bakken Shale well to date. The Ribbon well produced 64,000 barrels of oil in its first 26 days, which works out to about 2,500 barrels of oil per day. What’s unique about this one is that was a downspacing test, meaning it was drilled in close proximity to an earlier well to test how closely Enerplus could drill wells on its acreage. The fact that this well performed strongly suggests that Enerplus could potentially drill a lot more than previously thought on its acreage.

    Add these two opportunities up and we come up with a pretty compelling picture. Under the current Bakken Shale spacing scheme, Enerplus has about 145 wells left to drill, which gives it about a seven-year drilling inventory. However, by spacing its wells closer together Enerplus could add another 150 future well locations, which could more than double its drilling inventory. Furthermore, adding in the second and third benches of the Three Forks could double Enerplus’s future drilling inventory yet again.

    Continued on 'reply to this message'.

  • ConocoPhillips upgraded to Buy from Neutral at Guggenheim
    As previously reported, Guggenheim upgraded ConocoPhillips to Buy from Neutral. The firm upgraded shares based on higher estimates for U.S. onshore and deepwater exploration and said exploration capabilities are underappreciated. Price target raised to $90 from $82.

  • The driller, controlled by billionaire John Fredriksen, raised the first-quarter dividend by 2 cents to $1 from the previous quarter, beating a Bloomberg estimate for an unchanged payout. Hamilton, Bermuda-based Seadrill expects earnings before interest, tax, depreciation and amortization “to show meaningful improvement” in the second quarter and increase further for the rest of the year as utilization rates rise, it said in a statement.

    “Based on expected solid operational performance for the rest of the year and the commencement of additional drilling units, the board is pleased to see that Seadrill is on track to achieve ebitda of $10 million per day,” the company said. “The board is highly confident that the dividend is sustainable in the coming years.”

TPLM
11.42+0.06(+0.53%)Aug 20 4:02 PMEDT

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