Seeking Alpha

Paul Killinger » Comments » Single Comment

  • Deepwater Drillers: Not in a Very Deep Hole [View article]
    Pardon me, but last I checked Bakkens oil is profitable at $20. And shale gas works between $2-3. Additional exploration has taken something of a pause due to adequate supply, but continued production makes money at present prices.

    As for financing, except for overly leveraged dummies like Chesapeake, most explorers are using the CASH they made during the bull market, a substance foreign to the Feds and Wall Street. Look at the amount and type of debt on their balance sheets.
    Dec 27 11:46 am |Rating: +5 -3
All Comments by Paul Killinger »
Comments by Ticker
ABAT, ABAT.OB, ABB, ABK, ABT, ABX, ACGY, ACI, ACPW, ADDYY.PK, ADM, ADRE, AEP, AES, AFAM, AGPPY.PK, AHBIF.PK, AIG, AIV, ALE, ALM, ALTI, ALX, AMAT, AMGN, AMR, AMSC, AN, ANDE, ANRGF.PK, APA, APC, APU, ASO, ASTI, ATO, ATUSF.PK, AU, AUY, AVAV, AVR, AXL, AXP, AXPW.OB, AYE, AYR, BA, BAC, BAM, BAX,
Paul Killinger's
Comments Stats
1291 comments
Rating: 97 (613 - 516 )