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  • QuickChat #278, February 5, 2015 [View instapost]

    Tillerson about to buy another XTO size reserve package?
    Mar 6, 2015. 03:53 AM | 3 Likes Like |Link to Comment
  • Transocean Slashes Dividend By 80%. Now What? [View article]

    Appears to me those Service Suppliers cutting their Div or Distribution are putting up the FOR SALE sign!

    Is the M&A activity about to boom? Exxon's Tillerson sure indicated looking for another XTO sized reserve addition this week. There is always a time when Acquisitions make more sense than using the Bit! Producers failing to replace their reserves are certainly FOR SALE.

    The Midstream Space should see more consolidations like Williams just completed. Your holdings look like the Buyers. Who do you think are the Midstream Sellers? Too many in the Midstream space cutting CapX Buildouts, so that may be a FOR SALE sign, surely for those contemplating cutting their Distribution.

    Halliburton and other Major Service Suppliers may continue buying competitors if the assets and sales book are priced right.
    Mar 6, 2015. 03:34 AM | Likes Like |Link to Comment
  • DCP Midstream Partners - A Solid Fourth Quarter, But Storm Clouds On The Horizon [View article]
    Are these assets up for Sale? If a JV Partner finds a portion worth buying, why not acquire the entire LLC and MLP outright? Harold Hamm could have sold a portion of his Affiliate Gathering System to a JV Partner but sold out instead. The DCP Assets are well placed for the Long Term, facilities deployed throughout drilling projects in known major proven fields. Why compete by laying competing pipelines and facilities when they can be acquired? Tillerson indicated this week the possibility of Exxon shopping for another XTO size reserve addition. There are many Midstream Asset Buyers gathering cash and willing to issue stock to acquire cherries like DCP!

    What about the Merger & Acquisition option? Williams recently had a merger as one example.
    Mar 6, 2015. 03:22 AM | Likes Like |Link to Comment
  • Transocean Slashes Dividend By 80%. Now What? [View article]

    Why not go to cash and wait on all the bad news from overproduction to play out? No Driller/Service Supplier should be on the Buy List, right? There are much better bets to be made on Wall Street's crap table right now versus so many of the oilpatch's falling knives.

    I am adding to select Midstreamers only.
    Mar 5, 2015. 05:04 AM | 3 Likes Like |Link to Comment
  • QuickChat #278, February 5, 2015 [View instapost]
    Ms. J,

    The Data Rooms are busy trying to get deals closed before the Write Downs are published. It will be most interesting to see what Buyers are willing to pay the private Sellers.

    CapX is being cut to transfer to Acquisitional budgets. Upstreamers can replace reserves through acquisitions. It most likely makes more sense versus risking CapX on the bit.
    Mar 4, 2015. 08:44 AM | 4 Likes Like |Link to Comment
  • Kinder Morgan: A Highly Strategic And Accretive Silver Lining Materializes [View article]
    Who is KMI buying next?
    Mar 4, 2015. 04:59 AM | Likes Like |Link to Comment
  • Another Detroit in the making? Moody's downgrades Chicago another notch [View news story]
    Demanding babies that nurse for years bite the nipple that feeds them when mom finally has to wean. Mom allowed baby to nurse far too long!

    Year upon Year of mismanaging our tax dollars, being allowed anyway.

    The Unions do it the best, You INCREASE our pay or we Strike.
    Feb 28, 2015. 04:38 PM | 2 Likes Like |Link to Comment
  • EXCO Resources: Weathering The Storm [View article]

    Yes it does, but it is spotty, not a blanket deposition or homogeneous. However, I do hope it provides the sorely needed profit during this "Weathering" period for EXCO!!
    Feb 27, 2015. 04:16 PM | Likes Like |Link to Comment
  • EXCO Resources: Weathering The Storm [View article]

    If one annualized first of the month wellhead prices for Oil and Nat Gas from December, January and February it becomes abundantly clear the carnage presenting itself in 2016. That is when the Outside SEC Auditors WRITE DOWN the Reserves of All the Publicly Traded Upstreamers. The old saying of "failing to replace reserves" means you are for sale. Acquisitions and The Bit can replace reserves, and so can INCREASED Wellhead prices.

    It will be a Buyer's Market soon. This Assumes OPEC continues to control the Free Market.

    Sell all Domestic Upstreamers NOW and wait to see where the investments are later this year.
    Feb 27, 2015. 03:32 PM | Likes Like |Link to Comment
  • UNG: A Young Natural Gas Bull Rages On [View article]
    Gigem 77,

    When do you speculate the stacking of drilling rigs will find a floor in Nat Gas prices? Also, what is your speculation on that price floor?
    Feb 27, 2015. 06:26 AM | Likes Like |Link to Comment
  • EOG Resources Not Interested In Race To The Bottom [View article]

    RBN news indicates acceptable economic returns exist in a Majority of Plays by cutting drilling and completion costs by 25% across the board with wellhead prices at $50/BO and $2.75/MCF. Are the big boys, like EOG, able to negotiate lower, by 25%, their finding costs?
    Feb 25, 2015. 06:46 AM | Likes Like |Link to Comment
  • Williams Partners: A Midstream Natural Gas Powerhouse Emerges [View article]
    Long WPZ and DPM. Good article!
    Feb 25, 2015. 04:53 AM | 2 Likes Like |Link to Comment
  • American Midstream Partners LP: Be Cautious, Yield Moths! [View article]
    DPM Q4 wasn't so bad!
    Feb 24, 2015. 05:26 PM | Likes Like |Link to Comment
  • Enterprise Products to assign 45% stake in Panola pipeline to JV partners [View news story]
    Q4 wasn't so bad!
    Feb 24, 2015. 05:23 PM | Likes Like |Link to Comment
  • DCP Midstream Partners misses by $0.06, misses on revenue [View news story]
    And I'm actually impressed with the Q4 results. However, I am concerned by S&P downgrading their debt. The JV build outs appear worthy. P66 and Spectra own a wad, are respected enough, so I will continue to fight the shorts.

    Buy when blood is in the streets!
    Feb 24, 2015. 05:19 PM | Likes Like |Link to Comment