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dnpvd51

dnpvd51
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  • Battered, Bewitched, And Bewildered Chesapeake Energy Is Every Bit A Buy [View article]
    We are going to shale because the better rock is used up.

    And COG wrote off 700 million recently and last quarter they borrowed another 125 million. Even though they claim earnings, I have my doubts.
    Jun 11, 2015. 07:19 PM | Likes Like |Link to Comment
  • Battered, Bewitched, And Bewildered Chesapeake Energy Is Every Bit A Buy [View article]
    HUH?
    Jun 11, 2015. 12:23 AM | 1 Like Like |Link to Comment
  • Battered, Bewitched, And Bewildered Chesapeake Energy Is Every Bit A Buy [View article]
    Shale rock is not as good as conventional rock, so they don't have nearly the best rock in the world.

    Also, I meant COG's claimed cost of production drops with the price of NG. Their real costs are not likely to do such.
    Jun 11, 2015. 12:22 AM | Likes Like |Link to Comment
  • Battered, Bewitched, And Bewildered Chesapeake Energy Is Every Bit A Buy [View article]
    So cost does not matter? Nonsense.

    Coal should be much cheaper than NG per BTU because it is cheaper to produce per BTU. If this is not the case in the market, it must mean the NG companies are taking a bath.

    Or perhaps coal companies are making huge profits.
    Jun 10, 2015. 09:47 AM | 1 Like Like |Link to Comment
  • Battered, Bewitched, And Bewildered Chesapeake Energy Is Every Bit A Buy [View article]
    I don't believe COG is break even at anything like $1.79

    Perhaps they have a few exceptional wells, but COG break even costs drop as the price of NG drops.
    Jun 10, 2015. 01:39 AM | Likes Like |Link to Comment
  • Battered, Bewitched, And Bewildered Chesapeake Energy Is Every Bit A Buy [View article]
    There is no reason that these NG companies should be worth so much more than the coal companies. In fact in actuality, the NG companies are losing more money than the coal companies because NG is much more expensive to produce per BTU.
    Jun 10, 2015. 01:36 AM | 4 Likes Like |Link to Comment
  • Natural Gas Is The Only Commodity I Want To Own Right Now [View article]
    The natural gas companies in the Marcellus have been losing billions and still they pump more NG.

    While they claim profits when the price is under $1.5 using some accounting tricks.

    THere may be NG in the Marcellus at the right price. We are nowhere near the right price.
    Jun 9, 2015. 12:19 AM | 1 Like Like |Link to Comment
  • Natural Gas Is The Only Commodity I Want To Own Right Now [View article]
    It is or was pretty much agreed that without Marcellus NG production growth, there would be no NG production growth.

    Now the EIA is showing falling Marcellus production. This must mean falling NG production.
    Jun 8, 2015. 07:23 PM | 1 Like Like |Link to Comment
  • Natural Gas Is The Only Commodity I Want To Own Right Now [View article]
    http://1.usa.gov/1aNgyNE

    Drilling productivity report shows falling production. I guess this explains the rising price in the face rapidly filling storage.
    Jun 8, 2015. 04:13 PM | 1 Like Like |Link to Comment
  • Natural Gas Production Has Big Downward Revision By EIA [View article]
    http://1.usa.gov/1FWavce

    Some sort of correction on the data here.
    Jun 4, 2015. 08:04 PM | Likes Like |Link to Comment
  • Natural Gas - Failure Is Always An Option [View article]
    It goes to show one cannot always believe what one reads on the internet.

    The saying has been attributed to many folks.
    Jun 2, 2015. 03:00 PM | Likes Like |Link to Comment
  • Natural Gas - Failure Is Always An Option [View article]
    http://reut.rs/1GhNmEy
    Jun 1, 2015. 10:00 PM | Likes Like |Link to Comment
  • Natural Gas - Failure Is Always An Option [View article]
    The key decider for natural gas is supply.

    The EIA recently lowered production numbers. Also we are starting to see articles about production falling.

    IS supply falling or not? That is the question.

    Also Einstein did not actually make that quote.
    Jun 1, 2015. 09:32 PM | Likes Like |Link to Comment
  • EIA: Marcellus Shale faces weakening output due to low gas prices [View news story]
    The natural gas companies are almost certainly in much worse shape than the coal companies.

    Investors are throwing money at the NG companies, thinking NG will be going higher therefore the companies will be going higher. Or some such nonsense.

    Insolvent NG companies are getting flooded with investor money.
    Jun 1, 2015. 09:23 PM | Likes Like |Link to Comment
  • EIA: Marcellus Shale faces weakening output due to low gas prices [View news story]
    None of these companies are actually making money in the Marcellus. For example, COG wrote down 700 million dollars recently and then borrowed 125 million last quarter.
    May 31, 2015. 08:41 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
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