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slimback

slimback
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  • An 11.5% Yield Investors Must Avoid [View article]
    I would never consider Chesapeake and Linn "rock solid".
    Dec 31 10:57 AM | Likes Like |Link to Comment
  • Commodities Today: Oil And Gas Names Reporting Strong Results [View article]
    Matt, I shake my head when I see a company such as CHK that has a negative free cash flow for the last five years totaling $44,000,000,000. I have no doubt CHK will cut expenses as they have no choice. This might look good for a quarter or two but a steep production decline will not be far behind. Look for rounds two and three in layoffs next year.
    Nov 8 06:37 PM | Likes Like |Link to Comment
  • Commodities Today: Oil Production Rising And Gold Rally Stalling [View article]
    Matt, Looks like GPOR is fracing Wall Street again. Issuing 6.5 millions (plus) shares. Incredible! How long can this BS go on?
    Nov 6 12:30 PM | Likes Like |Link to Comment
  • Can SandRidge Energy Revive Its Fortunes? [View article]
    tfree, EOG has huge NEGATIVE free cash flow for the last five years.
    You guys don't have a clue.
    Oct 30 06:29 PM | Likes Like |Link to Comment
  • Why SandRidge Is One Solid Oil Stock To Buy [View article]
    Very well written. I just considered the term 'stacked play' the latest phrase Wall Street players are spewing at the public. Similar to peak rate production, liquids rich acreage and the abuse of boe.

    In reality the new 'stacked play' in the Mississippi lime indicates the play is not quite working (basin wide) as advertized but they have a few more zones to look at.
    Oct 20 12:20 PM | Likes Like |Link to Comment
  • Here Is Why Gulfport Energy Corporation Is Primed For A Sell Off [View article]
    As far as the officers and directors of GPOR, FANG and Wexford Capital - mission accomplished. They drilled Wall Street and got rich(er).
    Oct 7 09:06 PM | 2 Likes Like |Link to Comment
  • Bakken Update: Mississippi Lime Well Design Improvements Are Increasing Estimated Recoveries [View article]
    Craig, I am enjoying this. You should read my past comments again.
    Oct 2 09:36 AM | Likes Like |Link to Comment
  • Can SandRidge Energy Revive Its Fortunes? [View article]
    Kool-Aid drinkers, SD is doomed.

    http://seekingalpha.co...
    Oct 1 12:17 PM | Likes Like |Link to Comment
  • Commodities Today: Upgrades And M&A Talk Continue In Oil Sector [View article]
    This reminds me of the dot com days right before the bust. When analysts finally figured out that most of the newly formed public dot com's were failures, they tossed around M&A rumors. I agree, there is an awful lot of smoke out their. In my opinion that smoke involves acreage value, well test and EUR's.
    Sep 26 12:27 PM | Likes Like |Link to Comment
  • Insiders Are Selling Diamondback Energy [View article]
    How this stock is trading in double digits, I'll never know.
    Sep 24 05:45 PM | Likes Like |Link to Comment
  • Commodities Today: Buyout Rumors Persist, Utica Results & Good News For Coal [View article]
    Matt, In my opinion, most of the shale resource energy companies are nothing more than the latest vehicle that slick willies use and abuse to take a joy ride through Wall Street.
    Sep 24 10:53 AM | Likes Like |Link to Comment
  • Commodities Today: Buyout Rumors Persist, Utica Results & Good News For Coal [View article]
    Matt, I read the press release. Seven day averages don't mean much. I would like to know the daily production, tubing and casing pressure (assuming no packer) choke setting at wellhead and pressure differential, T-PAK inlet pressure and choke setting or separator pressure. The first day could be very high and the seventh day very low. Based on previous peak rate results in the 7,000 boepd, these don't look so flashy.
    Sep 20 05:31 PM | Likes Like |Link to Comment
  • Can SandRidge Energy Revive Its Fortunes? [View article]
    tfree, I posted a reply to a comment on SD. I don't know how you brought EOG into the picture. I have two strikes against me with SA. I have had to throttle back. The only issue I will admit I was wrong about is the price of oil. I really thought Bernanke would reduce QE. As far as shale resource plays, I maintain my position even though the price of oil has jumped $20. If you want to cherry pick one part of one play and forget all the other shale play failures and call yourself the winner, what can I say. Remember what I said about layoffs this fall?

    Once QE ends, watch the price of oil fall. We are absolutely flooded with oil. Cheap energy will help offset the economic impact of reducing and ending QE. It is all part of the plan. Keep the price of oil artificially high and get the public to fund drilling to increase the energy supply. Let the price collapse at just the right time and everyone will have more discretionary income for years to come.

    Publicly traded resource players DEPEND on long term investors believing that: 1. Eventually the company's efforts will result in real
    profits.
    2. The company will be able to manage,
    service and have the ability to retire debt.

    It does not matter if these objectives can actually be achieved, It just matters if investors believe they can. Part of the job of officers and directors (shale resource players) is to convince Wall Street that management has acquired excellent acreage and profitability is on schedule. In reality more time is spent finding excuses and explaining why the plan is taking a little longer. These guys are masters of excuses.

    Do you honestly believe SD will ever show REAL profits from exploration and production? Do you believe SD will ever be able to manage, service and have the ability to retire debt?
    Sep 20 01:34 PM | Likes Like |Link to Comment
  • Can SandRidge Energy Revive Its Fortunes? [View article]
    SD is doomed.
    Sep 19 04:35 PM | Likes Like |Link to Comment
  • Commodities Today: Utica Players Could See Another Big Move Higher [View article]
    Matt, Antero is going public. Good time to release peak rate well test results. Of course converted to BOE. Do you understand the ambiguity of peak rate test, BOE rates and probable blow down test? So many analysts write articles that regurgitate company generated propaganda. I would like to see an analyst investigate and verify monthly production rates and compare this to well test data.

    "It has been accepted up until this point that Gulfport Energy (GPOR), a company in which we are shareholders, had the best acreage and was at the epicenter of the core of the Utica play". Really Matt?

    GPOR has a market cap 18 times annual SALES with negative income growth. FANG has a market cap 14 times annual SALES and loses money. In my opinion the peak rate well test and EUR claims are beyond absurd.
    Aug 22 11:58 PM | Likes Like |Link to Comment
COMMENTS STATS
358 Comments
291 Likes