Can not touch state directed commodity plays...that being said, sentiment has gotten so negative on Brazil,.....might be time to start to built position slowly with EWZ as getting close to 3% yield.
Diamondback Energy: Pure Permian Play Still Has Upside [View article]
Diamondback Energy's (FANG +1%) target is raised to $42 from $35 at Wunderlich, whose increased confidence in the Wolfcamp B formation and FANG's potential in four other zones for the future cause it to raise its price target multiple to account for the increased value. Also, FANG says its stock offering priced at a 0.7% discount to Tuesday's close and was boosted to 6M shares.
Ocean Rig UDW: The Pure Play On Ultra-Deep Water Drilling Growth [View article]
I believe companies are making billion dollar investments (and banks/private equity/investors are bankrolling the effort) building new drillships based on their belief (and they have more expertise on long term demand/day rates for ultra deep drilling than most analysts do) that day rates will continue to be robust........we are going deeper and deeper to find reserves and new technology is needed to develop these reserves.............and if you looked at the analysis, almost all of the company's 2014 calendar days are spoken for as is the majority of 2015 at high rates. Finally, also provided in article is breakeven analysis showing the company can still make tons of cash even if day rates come down a bit. This is why it is called a market.....everyone has and is entitled to their opinion. My opinion is ORIG is undervalued and moving higher. I enjoy Mr. Santo's writing but he has been wrong on occassion in the past such as his analysis for Tesla's prospects in May (....http://seekingalpha.co..., I think he is right on TSLA long term and I am short (via option spreads of course....one has to be crazy to short the equity outright)....
Quality Distribution: A Cheap, Backdoor Play On Expanding Domestic Energy Production [View article]
Thanks....wish they had small cap insight back then....love the gains but am neutral for now on QLTY. Like GLP with the dividend yield is sort of same low margin energy service vein. Happy Hunting
Newfield Exploration Surges After Results [View article]
Newfield Exploration (NFX +3.6%) is upgraded to Buy from Hold with a $29 price target at Stifel Nicolaus, which cites an upcoming increased proved NAV from expected ~$1.15B in H2 international asset sales, upside to 2013 guidance (possibly with Q2 results), and delivery of growth showing up from its domestic core areas.
Emerald Oil: Quite Possibly The Most Undervalued Bakken Producer [View article]
Definitely why stock is trading at significant discount to production growth and acreage......small E&P concerns (MPO, EOX, TPLM, OAS) having nice run up today in early trading.
Yep, seem to be having the world cup/olympics curse prior to events unlike most countries (Ex, Greece 2008)............Hope govt makes correction as I would like to get long at some point.
Ocwen Financial: This "10 Bagger" Could Double Again [View article]
Compass Point reiterated a Buy rating and raised its price target on Ocwen Financial Corp (NYSE: OCN) from $44 to $49 after the company acquired a $78B servicing portfolio from OneWest Bank
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Bailing Out Of Brazil [View article]
Ocean Rig UDW: The Pure Play On Ultra-Deep Water Drilling Growth [View article]
Bailing Out Of Brazil [View article]
Stagflation: Coming Soon To A Market Near You [View article]
Diamondback Energy: Pure Permian Play Still Has Upside [View article]
Ocean Rig UDW: The Pure Play On Ultra-Deep Water Drilling Growth [View article]
2 Possible Buyout Candidates In Tech [View article]
Quality Distribution: A Cheap, Backdoor Play On Expanding Domestic Energy Production [View article]
Newfield Exploration Surges After Results [View article]
Calumet: An 8% Yielder To Hold "Forever" [View article]
Emerald Oil: Quite Possibly The Most Undervalued Bakken Producer [View article]
Bailing Out Of Brazil [View article]
Ocwen Financial: This "10 Bagger" Could Double Again [View article]
Bailing Out Of Brazil [View article]