Stock Talk

Stock Talk
Contributor since: 2012
Profit
Are you still positive on RIG stock?
What is your take on recent negative comments on RIG and other offshore drillers by citi?
Thanks PP.
Do you have any earnings estimates for 2016?
Profit,
Are you still long on RIG?
Backlog for CBI appears strong. So, drop is surprising.
What is the risk here?
In the worst case of judgement going against TRN, what is the financial impact short term and long term?
VD,
You mentioned positively about QEXXF in one of the articles. Do you still think this is a good investment at current price.
EPE has most of oil production in 2015 hedged at $91.19.
Even at this oil price, if entire discretionary cash flow is used for reduced capital expenditure in 2015, when do you think EPE will have free cash flow?
Only when oil price goes above $92?
If that is the case, EPE appears to be a high cost producer.
Sarfraz,
EPE has most of oil production in 2015 hedged at $91.19.
Even at this oil price, if entire discretionary cash flow is used for reduced capital expenditure in 2015, when do you think EPE will have free cash flow?
Only when oil price goes above $92?
If that is the case, EPE appears to be a high cost producer.
Jon,
I agree with your comment. SD has excellent hedges in 2015 and is able to produce almost same amount of oil in 2015 as in 2014 with 56% reduction in capex. If needed, SD can further reduce capex and production. Then, hedges should cover greater percentage of production.
Looking at headline, bullet points in summary and difference in tone in body of article makes me think this article is highly motivated.
Profit,
Thanks for the Article.
Can you please let me know your take on ESV results?
Altenergyguy
Are you saying company is worth $2.58b?
Current market cap is more than $5b
SII,
I agree with your concept of calculating future market cap based on growth potential. Can you please explain me how you came up $12B with 60% growth rate in next 4 years considering revenue in 2014 is about $250 million?
Does anybody why CBI price is going down today (-3.5%) with no news when market is up?
Per following article, number of drill rigs in US came down in last week.
http://read.bi/1z5Mmh1
This trend could help oil prices in near future.
Thanks Richard.
Do you think highly leveraged players such as SD and EXXI will survive this downturn if they produce oil only from existing wells and not invest in new wells?
Richard,
If companies with high leverage such as SD and EXXI do not invest in new wells and just drill from existing wells during low oil prices, do you think they will survive this downturn in oil industry?
Thanks for very informative and balanced article. I hear that some small cap stocks in China are fraud. What is your take on this company?
We should also consider the fact that Carl had some failures in turning around companies recently. Examples TLM, RIG
Valuedigger,
Can you please let me know your views on Goldman view on oil prices today?
Value Digger,
Do you think HERO stock will go up from here when oil prices go up as you predict?
Also, what is your take on SD, EXXI and TLM at current prices?
Thanks
Thanks for the Article.
Very informative.
Can you please let me know your views on EXXI and TLM?
I see large insider purchases at over $15. No insider sales in recent past, even after oil price declines.
Kyle Bass took big position in this company in the midst of oil price decline recently. These things inspire confidence in viability of the company.
Short term price fluctuations is different thing.
Any positive news, I think, will result in huge short squeeze.
Bret,
Do you know why EXXI is being punished most by far?
Thanks,
Srini
Hi Bret,
1. I noticed the technical support you mentioned is now broken.
2. Per Barron's article on 9/19 (RBC Capital Markets’ Robert Pinkard ), this may not be a good time to buy offshore drillers.
Does this change your opinion about RIG?
Thanks,
Srini
Do you know why there are no insider transactions?
I thought they issued shares at $0.89 per share. Why did stock go down to $0.07?
Do you know why stock is going down despite market going up recently?
Do you still think this is a buy at these levels?
Bret,
Do you know why stock is going down despite market going up recently?
Lazarus,
Do you think the company is still on track to post profit by June quarter?
Lazarus,
Do you know when this company is expected to be profitable?