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Michael Fitzsimmons  

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  • Apache: Fracking Without Fresh Water To Cut Costs [View article]
    Thanks Craig.
    Nov 22, 2013. 04:11 PM | Likes Like |Link to Comment
  • ConocoPhillips: Jasmine Wells Most Prolific In The Corporation [View article]
    Hi Coleman and thank you. Honestly, I don't follow Cenovus closely enough to feel qualified to give an opinion. I do follow SU, and think the production outlook for them in Q4 and 2014 is excellent. So too is the dividend growth profile.
    Nov 22, 2013. 01:43 PM | Likes Like |Link to Comment
  • Suncor's New Fort Hills Project: 50 Years Of Stable Cash Flow And Dividends [View article]
    zealot: a person who is fanatical and uncompromising in pursuit of their religious, political, or other ideals. I would add name caller, waste of time, and inability to take finger off the "$" and "?" keys to the list of attributes. You haven't made one constructive comment on the subject of this article.
    Nov 22, 2013. 12:51 PM | 2 Likes Like |Link to Comment
  • Suncor's New Fort Hills Project: 50 Years Of Stable Cash Flow And Dividends [View article]
    The facts are the facts, and no amount of circular logic will change them. Natural gas transportation is displacing diesel in the long-haul trucking, fleet, bus, and refuse sectors. Too bad you can't see it. It's not research, just facts. But I will leave you to argue with yourself because this is going nowhere fast.
    Nov 22, 2013. 12:30 PM | 2 Likes Like |Link to Comment
  • Suncor's New Fort Hills Project: 50 Years Of Stable Cash Flow And Dividends [View article]
    So what, you believe XOM doesn't have a vested interest in selling diesel? Forget what is being "said", look at what is actually happening. XOM is on record poo-poo'ing natural gas transportation for years, yet it is being adopted at an ever increasing rate. And the reason is very simple: natural gas is about $1.50 cheaper per gas gallon equivalent and it is much much cleaner. Plus, it is produced *domestically*, and is reducing foreign oil imports. So why go to all the trouble and expense of making liquids when you have nat gas selling at $3.70/MMBtu and its cleaner to boot? This is what is driving the market, not XOM's publication. And this is why I wrote the article suggesting XOM change tack and support natural gas transportation:

    http://seekingalpha.co...

    Which if you notice was written over 1 year ago.
    Nov 22, 2013. 09:23 AM | Likes Like |Link to Comment
  • ConocoPhillips: Jasmine Wells Most Prolific In The Corporation [View article]
    I agree - that dividend hike was really nice. I didn't expect it considering it was already yield above both all its domestic IOCs and independent peers. But COP sure is delivering a nice income stream to shareholders. Plus, you gotta love Jasmine. I mean 4 wells that are so prolific they could actually over-supply a 140,000 boe/day facility - what company would like to have an asset like that?
    Nov 22, 2013. 09:14 AM | 2 Likes Like |Link to Comment
  • ConocoPhillips: Jasmine Wells Most Prolific In The Corporation [View article]
    Hmmm....I don't think they are "studder-stepping"...they are finally starting to deliver the growth in production and margins that they have been promising for the last couple years....
    Nov 22, 2013. 09:11 AM | Likes Like |Link to Comment
  • Enerplus: Out Of The Woods And Yielding 6% [View article]
    Regardless, of politics or economics, your insistence that the "USD remains weak" doesn't appear to be the case. Over the past 5 years, the USD has gone from $77 to $81. How is that weak?

    http://bit.ly/1ayXSVM
    Nov 21, 2013. 04:14 PM | 1 Like Like |Link to Comment
  • Enerplus: Out Of The Woods And Yielding 6% [View article]
    USD will remain weak? Over the past 5 years, it has gone from $77 to $81:

    http://bit.ly/1ayXSVM
    Nov 21, 2013. 04:11 PM | Likes Like |Link to Comment
  • ConocoPhillips: Jasmine Wells Most Prolific In The Corporation [View article]
    TnT - no - Buffet didn't sell its entire stake in COP. He still owns10.6 million shares are worth over $770 million.
    Nov 21, 2013. 04:08 PM | 1 Like Like |Link to Comment
  • ConocoPhillips: Jasmine Wells Most Prolific In The Corporation [View article]
    Silas was a Georgia Tech grad in chemical engineering:

    http://b.gatech.edu/I7...

    who rose to the CEO of Phillips Petroleum.
    Nov 21, 2013. 04:06 PM | Likes Like |Link to Comment
  • Suncor's New Fort Hills Project: 50 Years Of Stable Cash Flow And Dividends [View article]
    Zealot: I am sure you made many fine contributions in your 30 years of solar and battery industry experience. But in this post, you are all wet. You talk about clean diesel and hydrogen fuel cells like they are the hottest thing since sliced bread. Meanwhile - the facts couldn't be more different. Where are the hydrogen fuel cells professor? Where is the growth in domestic
    demand for diesel? Answer: non-existent. Meanwhile, I have been writing about the economic, environmental and nationals security advantages of natural gas transportation for over 5 years now. My articles are a matter of record here on SA. And we have seen tremendous growth in NGVs in the long-haul, refuse, fleet, and bus sectors. Read about Cummins' new 12 liter nat gas engine here:

    http://seekingalpha.co...

    Or read about UPS's recent multi-year deal with CLNE here:

    http://on.mktw.net/18T...

    So while you accuse me of being in an ivory tower, this is simply a classic case of the pot calling the kettle black.
    Nov 21, 2013. 04:02 PM | 2 Likes Like |Link to Comment
  • ConocoPhillips: Jasmine Wells Most Prolific In The Corporation [View article]
    Thanks jawhawk - I appreciate it. I thought it was a very interesting contrast between conventional and unconventional production. Granted, the Bakken hasn't been a priority to COP considering the excellent economics of the Eagle Ford, but still, considering all the attention give to shale production, I thought it was very interesting that these four Jasmine wells will contribute more to COP's per day production in 2014 than does the Bakken today. And COP's WI in Jasmine is only 36.5%! Bottom line: these Jasmine wells are awesome.
    Nov 21, 2013. 02:53 PM | 1 Like Like |Link to Comment
  • Pioneer Natural Resources Could Easily Double In 3 Years [View article]
    Hi Bill - yes, I (and the TRC) made no distinction between the type of production, just looking at overall production from the three plays.
    Nov 21, 2013. 01:07 PM | Likes Like |Link to Comment
  • Enerplus: Out Of The Woods And Yielding 6% [View article]
    Hi southgent: I agree with what you are saying. I thought years ago, when the US got involved in Iraq, cut taxes on the wealthy, and the deficit doubled in 8 short years that the dollar was doomed. However, that hasn't happened. So all I was saying is don't underestimate the power of having the world's reserve currency. In addition, the big problem with the US over the last 4 decades has been foreign oil imports. With increasing domestic production and advances in natural gas transportation, the only thing holding the US back now is Congress and the lack of competent fiscal and energy policy.
    Nov 21, 2013. 01:04 PM | 2 Likes Like |Link to Comment
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