BrotherMaynard

Boone Pickens Puts His Money Where His Mouth Is on Energy

i don't see how you can divine any information from tbp's picks given that he has so many ulterior motives...who knows if the fund is just another marketing scheme? After all, a 98% loss is roughly the return most advertising companies get on their marketing dollars...

T. Boone Pickens' Hedge Fund Concentrates on Energy, Drops Basic Materials

how'd that energy fund work out for pickens in 2008?

whats that, you say...-95%?

amazing that warren buffett gets routinely thrown under the bus for his financials yet t boone pickens is praised as if he's some sort of luminary when it comes to investing in anything. way to go on that -95% return, t boone. oh yeah...and well done on prop 10.

Energy Roundup: Chesapeake Changes Its Plans

via morningstar:

"Under a low scenario of long-term natural gas prices of $5, we believe Chesapeake is worth around $8. In this hypothetical low case, we expect production growth and capital spending to drop considerably and costs to moderate. We also think that the firm's projects in Appalachia, Fayetteville, and Haynesville would become top priority given their superior economics. In a high side case of long-run natural gas prices $10, we anticipate that growth would kick into high gear, with cost inflation to follow. Under this scenario, Chesapeake is worth around $145."

I'd rather buy a lottery ticket.

Energy Roundup: Chesapeake Changes Its Plans

What happens to CHK if nat gas prices go to $4?

$3?

If you can't answer those questions, you shouldn't be investing around CHK.