its cheap, the mantra in the markets is you BUY BUY BUY when they are cheap, BBEP is cheap, 1750% Earnings Beat, this was on NOBODYS radar! Atleast not this kind of Earnings Beat!
Think of it this way, analysts expected 13 cents and company delivered 2.27, thats a 1750% beat !!!
Now CS lowers price target for a company thats actually blowing the doors off their earnings. Nice try but its a HUGE BUY!
Because the earnings were so good, the analysts will make sure the "Buys have been in" then announce an UPGRADE! BBEP stock should get a good 7-10 day rally here. Keep accumulating on the cheap.
This is incredible!
Beat by 1750%
have no more short term liquidity issues
OIl prices will be rising next half of 2015, we are in peak season July/August.
This is one incredible Earnings Beat, I think its so good, theres a delayed effect.
Had it opened at 8.50 and shot up to 10 right away, we might be at 13 now!
Should easily be $20 stock,
next 10 days its going to have a HECK of a RUN!
hERE ARE some key highlights besides the earnings.
1. Reserves grew 47% (do you all even get that)???? even with depressed oil prices, thats still as much as what they had on their books with 47% less reserves at 50% higher rates of OIL 90 vs 60 Brent or 80 vs 50 WTI
2. Short term liquidity financing, their gain on HEDGES was so large , its like getting their CAPEX for 2015 from their HEDGING! Liguidity Concerns: GONE
3. Heres the brightest point other than liquidity, they made tremendous money at a pivotal time, prices of OIL are going to be higher in the next H of 2015, they are ready.
WIN WIN WIN, BUY BUY STRONG BUY ON BBEP!
This rally is going to catch the attention of other buyers tomorrow! Should easily be $10 in few days, if not tomorrow or even TODAY!
that does not bode well for BABA, just the thought of it... I did sell BABA at 110 and bought LINE/BBEP
though I am down on LINE mostly, I did better than holding on to BABA.
just wait and see where BBEP stock is in 10 days -20 days, you will definitely regret your selling.
Awesome Hedging Strategy
Gains will cover entire 2015 capex
Proven reserves up 47%
Short term liquidity concerns: GONE
Amazing mgmt team
Stock should be lot higher, I believe, the news is so good it's actually set caution as to why I stock hasn't jumped huge, maybe the conservative outlook or conference call may have to wait and see, that said, it's a steal at these low prices....
Prudent mgmt strategy (cutting divvy not eliminating)
Proven reserves now 47% greater
Short term liquidity concerns out the window
Stock should be $20 right now
All liquidity concerns for near term out the window
Should be $20 stock!
Company cut divvy from 2 n change to 1$
Savings of 150 mln $ for 2015
I think they should just squeak by
Oil prices are expected to rally 2H 2015
absolutely incorrect, It has a lot to do with BBEP, I am taking my ARUN profits and plowing them into BBEP, one of my MLP faves.
These rumors of negotiations is like this:
.85 Hpq to 1 ARUN = 29.61 at todays close
however, due to imbalance and shorting HPQ and going long ARUN, a 7% drop in HPQ shares is expected.
that leaves it at 27.54 or roughly 27.50/share.
original offer may have been .75 HPQ being negotiated by HPQ but ARUN was requesting .95 - 1.00
.85 is the happy medium. 27.50/share