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Mike Maher

 
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  • Frac sand firms stay optimistic despite oil price slump [View news story]
    I've heard almost every E&P say they're going to cut back on cap ex, but that its being driven by more efficiency. That sounds like better drilling ops to me, but also lower costs. Thats got to hit the sand companies at some point, right?
    Nov 7, 2014. 12:09 PM | Likes Like |Link to Comment
  • Magnum Hunter Resources EPS in-line, misses on revenue [View news story]
    Dec 5th they'll have permits by
    Nov 7, 2014. 12:06 PM | Likes Like |Link to Comment
  • Magnum Hunter Resources EPS in-line, misses on revenue [View news story]
    Very bland press release, we'll see what they say on the call
    Nov 7, 2014. 08:56 AM | Likes Like |Link to Comment
  • Antero Midstream MLP raises $1B in IPO, up sharply in trading debut [View news story]
    Good news for MHR, they'll do their pipeline MLP early in 2015
    Nov 5, 2014. 01:18 PM | Likes Like |Link to Comment
  • Pioneer plans to sell Eagle Ford Midstream Venture with Reliance [View news story]
    Its down on the offering, not news about the asset sale.
    Nov 5, 2014. 09:34 AM | Likes Like |Link to Comment
  • Antero Midstream Partners LP Prices Upsized Initial Public Offering Above the Range [View article]
    Great news for MHR, who will IPO the pipeline early 2015
    Nov 4, 2014. 11:11 PM | Likes Like |Link to Comment
  • Valero's Q3 beats expectations as refining volume increases [View news story]
    Higher crack spreads, increased inefficiencies, and new projects and the existing locations to upgrade processes and focus on the highest value projects. Also buying new ethanol refineries, expanding crush spreads there, and a good amount of financial engineering.
    Nov 4, 2014. 09:38 AM | 1 Like Like |Link to Comment
  • American Realty responds sharply to cancellation of Cole sale [View news story]
    Real question is why is RCAP down so far as well. Both seem overdone, but ARCP should really start looking at a way to do a buyback at this point.
    Nov 3, 2014. 10:50 AM | Likes Like |Link to Comment
  • Magnum Hunter Resources: Vulnerable In The Face Of Lower Oil Prices [View article]
    Why do you think EIA data is better than company specific data. Take a look back at EIA forecasts for the last several years, and you'll see that they are usually way off the mark. Using EIA data to say that a play is economic or not is irrational and will lead you to miss the boat.

    Want to know if the the Bakken is a decent place to be drilling? MHR is selling acreage at ~$100,000 per flowing barrel of oil. St Mary is still acquiring acreage. WLL is buying KOG. Oil production in the Bakken is increasing, as new completion designs increase IP 30 rates and EURs, lifting production curves, while at the same time drilling is moving to more efficient pad drilling.

    Yes the company has a lot of debt. No they dont need to tap the bond market again anytime soon. They're going to be able to fund 2015 drilling with a combination of cash on hand and money they take in from the remaining Bakken sale, and the $65 mil coming in from selling MSI additional ownership of the pipeline.

    Your article really shows a lack of understanding of the company and the industry it operates in.
    Nov 2, 2014. 12:22 AM | 3 Likes Like |Link to Comment
  • Magnum Hunter Resources: Vulnerable In The Face Of Lower Oil Prices [View article]
    The offer for the Aussie company lapsed months ago. End game is a sale of the company.
    Nov 1, 2014. 09:33 PM | 1 Like Like |Link to Comment
  • American Realty Capital plunges over accounting probe [View news story]
    I find it hard to believe that the CFO and Chief Accounting Officer were the only two people who knew of the mistake. They'll need to take a look at everyone in the finance/accounting department.
    Oct 29, 2014. 03:08 PM | Likes Like |Link to Comment
  • Amid panic selling, American Realty Capital sets 3 PM ET conference call [View news story]
    Probably should have had a PR set up for 8:15 this morning, not 3 pm.
    Oct 29, 2014. 03:06 PM | 1 Like Like |Link to Comment
  • American Realty Capital plunges over accounting probe [View news story]
    Unacceptable that this should happen. More than just the CFO should go
    Oct 29, 2014. 08:35 AM | 3 Likes Like |Link to Comment
  • BofA's mortgage settlement hung up on SEC infighting [View news story]
    This is probably just a stunt til after the elections. No one wants to make any decisions that might change public perception this close to the vote.
    Oct 27, 2014. 12:40 PM | 5 Likes Like |Link to Comment
  • Phillips 66 Partners to acquire $340M in assets from Phillips 66 [View news story]
    Citgo's US assets are reportedly on the block.
    Oct 22, 2014. 11:52 PM | Likes Like |Link to Comment
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