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dnpvd51

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  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    You are missing the fact that the drillers have negative cash flow which basically refutes your post.
    May 18, 2015. 01:40 AM | 1 Like Like |Link to Comment
  • Cabot Oil & Gas - Why The Recent Rally Will Continue [View article]
    700 million,

    My bad.
    May 16, 2015. 10:39 AM | 1 Like Like |Link to Comment
  • Cabot Oil & Gas - Why The Recent Rally Will Continue [View article]
    Marcellus cash price is still very low. $1.33

    COG wrote off some 700 billion dollars last quarter and this quarter they added on more debt And with the high depletion rates of NG wells, a new well is not really an investment for the future.
    May 15, 2015. 11:52 PM | Likes Like |Link to Comment
  • Shale oil producers ready to bring rigs back into service [View news story]
    Good point,

    IT is kind of hard for these companies to get people to throw money at them when it is so obvious that they are losing money. THey have to claim that lousy prices are profitable.
    May 14, 2015. 09:06 PM | 3 Likes Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    Which one of these shale companies are not buried in way too much debt?
    May 14, 2015. 04:21 PM | Likes Like |Link to Comment
  • Natural Gas - Inventories Rising Along With Price [View article]
    The NG stocks have gotten hammered for years and now they are all buried in debt.
    May 12, 2015. 02:44 AM | 1 Like Like |Link to Comment
  • Natural Gas - Inventories Rising Along With Price [View article]
    It is true that there are vast low-cost reserves of the energy commodity in the United States.>>>>...

    This is not true. Certainly if low cost means under $3
    May 12, 2015. 02:35 AM | Likes Like |Link to Comment
  • U.S. Oil Shales: Breakeven Oil Price Is A Tricky Concept [View article]
    If these companies are not growing production it is very easy to see that they are money losers.

    If production is growing, it is easier for the companies to hide the losses in claims of future profits.

    Ergo, companies must grow production in order to get more capital.
    May 11, 2015. 02:18 AM | 1 Like Like |Link to Comment
  • U.S. Oil Shales: Breakeven Oil Price Is A Tricky Concept [View article]
    If the break even price of oil was $50, producers would have been generating cash when oil was $100 a barrel.

    Instead these companies were building debt.
    May 10, 2015. 08:08 PM | 7 Likes Like |Link to Comment
  • $5B Write-Down By Chesapeake Spooks Investors, But Is It Much Ado About Nothing? [View article]
    That may all be.

    But these companies are all claiming that they are sinking money in the ground for future profits. This is the explanation for the negative cash flows. So when they take a large write off and then borrow money it pretty much shoots a hole in that theory.

    Which makes their earnings pretty much meaningless.
    May 10, 2015. 12:40 AM | 1 Like Like |Link to Comment
  • $5B Write-Down By Chesapeake Spooks Investors, But Is It Much Ado About Nothing? [View article]
    This company increased their debt according to the balance sheet on Yahoo finance and took a large write off. So how can they claim earnings?

    All these NG companies are playing the same game. There are no real earnings at anything like present prices.
    May 9, 2015. 03:58 PM | Likes Like |Link to Comment
  • $5B Write-Down By Chesapeake Spooks Investors, But Is It Much Ado About Nothing? [View article]
    If 3.4 and 4 bucks is so profitable then why do these companies bury themselves in debt when NG is at this price?
    May 9, 2015. 03:34 PM | Likes Like |Link to Comment
  • $5B Write-Down By Chesapeake Spooks Investors, But Is It Much Ado About Nothing? [View article]
    I don't believe this company had earnings regardless of the write offs.

    The price of NG was horrible for the quarter. In the Marcellus I believe the cash price even went below $1

    I also do not believe that these companies have real earnings at $4 or $5 or anything like that. Shale is more expensive than conventional. In the 1990s the price of NG was mostly at about $2. Now we have more expensive to recover NG and we should expect the cost to be much higher than $4

    Also if oil is a loser at $60 then NG must be a loser at $4

    And those other companies should be 75% lower and then some.
    May 9, 2015. 01:03 AM | Likes Like |Link to Comment
  • $5B Write-Down By Chesapeake Spooks Investors, But Is It Much Ado About Nothing? [View article]
    It is kind of a joke for a company to take a 5 billion dollar writedown and then claim it has earnings per share.
    May 8, 2015. 08:40 PM | 3 Likes Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    How can a company borrow money if they say their costs are greater than the price of oil?

    Of course these companies must claim falling costs.
    May 8, 2015. 08:40 AM | Likes Like |Link to Comment
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