Braden Holt's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/3093451/comments http://seekingalpha.com/article/1104421/comments?source=feed#comment-17399471 17399471 Tue, 09 Apr 2013 10:29:15 -0400 http://seekingalpha.com/article/1291841/comments?source=feed#comment-16703681 16703681 Sat, 23 Mar 2013 14:05:11 -0400 http://seekingalpha.com/article/1291841/comments?source=feed#comment-16656291 16656291
I wouldn't touch GMXR with a 10 foot pole. Chapter 9 is looming.]]> Fri, 22 Mar 2013 11:33:36 -0400
I wouldn't touch GMXR with a 10 foot pole. Chapter 9 is looming.]]> http://seekingalpha.com/article/871491/comments?source=feed#comment-14662111 14662111 http://bit.ly/YUcpHF before SD sold its Permian. I believe I posted it to SA so you must have missed it. Devon Shire from SA wrote a good article a couple weeks after mine was published concerning SD's returns: http://seekingalpha.co... . Full disclosure, I dumped SD at ~$7.30 a couple weeks ago and have no plans to re-enter.]]> Wed, 06 Feb 2013 15:49:24 -0500 http://bit.ly/YUcpHF before SD sold its Permian. I believe I posted it to SA so you must have missed it. Devon Shire from SA wrote a good article a couple weeks after mine was published concerning SD's returns: http://seekingalpha.co... . Full disclosure, I dumped SD at ~$7.30 a couple weeks ago and have no plans to re-enter.]]> http://seekingalpha.com/article/1104421/comments?source=feed#comment-13559241 13559241
I appreciate the comments and will look for that article. This piece wasn't a valuation, it was a drill down in to their asset base. I made note that the company has a low valuation, but no where did I talk about what it's true value might be. Oil and gas exploration is a risky endeavor, so I look at companies I'm looking for a path to long-term growth.]]> Thu, 10 Jan 2013 16:47:30 -0500
I appreciate the comments and will look for that article. This piece wasn't a valuation, it was a drill down in to their asset base. I made note that the company has a low valuation, but no where did I talk about what it's true value might be. Oil and gas exploration is a risky endeavor, so I look at companies I'm looking for a path to long-term growth.]]> http://seekingalpha.com/article/1104421/comments?source=feed#comment-13559071 13559071
It's possible these wells produced for less than 30 days during those months which, if the well fell off, could explain the difference. I calculate my own data based off of publicly available data and because the State of Texas doesn't give days a well produced in a month, I have to make some assumptions. Usually, I'm pretty close. I should have footnoted the data]]> Thu, 10 Jan 2013 16:40:26 -0500
It's possible these wells produced for less than 30 days during those months which, if the well fell off, could explain the difference. I calculate my own data based off of publicly available data and because the State of Texas doesn't give days a well produced in a month, I have to make some assumptions. Usually, I'm pretty close. I should have footnoted the data]]> http://seekingalpha.com/article/1104421/comments?source=feed#comment-13541171 13541171 Thu, 10 Jan 2013 11:30:22 -0500 http://seekingalpha.com/article/1067141/comments?source=feed#comment-12896681 12896681 Sat, 22 Dec 2012 12:58:59 -0500 http://seekingalpha.com/article/1077891/comments?source=feed#comment-12872571 12872571 Fri, 21 Dec 2012 14:49:56 -0500 http://seekingalpha.com/article/1067141/comments?source=feed#comment-12739721 12739721
I'm not arguing with you, I'm just making sure the readers of this article don't leave thinking you're doing anything here but trying to obscure facts.]]> Tue, 18 Dec 2012 14:42:25 -0500
I'm not arguing with you, I'm just making sure the readers of this article don't leave thinking you're doing anything here but trying to obscure facts.]]> http://seekingalpha.com/article/1067141/comments?source=feed#comment-12737711 12737711


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]]> http://seekingalpha.com/article/1067141/comments?source=feed#comment-12726931 12726931 Tue, 18 Dec 2012 10:18:09 -0500 http://seekingalpha.com/article/1067141/comments?source=feed#comment-12710461 12710461 Mon, 17 Dec 2012 20:20:04 -0500 http://seekingalpha.com/article/1067141/comments?source=feed#comment-12696051 12696051 Mon, 17 Dec 2012 14:13:03 -0500 http://seekingalpha.com/article/1067141/comments?source=feed#comment-12695561 12695561 Mon, 17 Dec 2012 14:05:55 -0500 http://seekingalpha.com/article/1067141/comments?source=feed#comment-12695231 12695231 Mon, 17 Dec 2012 13:56:05 -0500 http://seekingalpha.com/article/1052341/comments?source=feed#comment-12518481 12518481 Wed, 12 Dec 2012 10:09:02 -0500 http://seekingalpha.com/article/1055511/comments?source=feed#comment-12486361 12486361 Tue, 11 Dec 2012 13:40:55 -0500 http://seekingalpha.com/article/1055511/comments?source=feed#comment-12485421 12485421 Tue, 11 Dec 2012 13:16:22 -0500 http://seekingalpha.com/article/1055511/comments?source=feed#comment-12482951 12482951 Tue, 11 Dec 2012 12:17:47 -0500 http://seekingalpha.com/article/1014131/comments?source=feed#comment-11765561 11765561 Mon, 19 Nov 2012 10:14:05 -0500 http://seekingalpha.com/article/967831/comments?source=feed#comment-11123611 11123611
I agree that financing is an unfortunate distraction for some of these small caps, particularly KOG. It will be interesting to see how they manage their spending moving forward. If they believe in the long-term fundamentals of the price of oil they don't need to overextend themselves because the oil itself isn't going anywhere.]]> Thu, 01 Nov 2012 11:17:09 -0400
I agree that financing is an unfortunate distraction for some of these small caps, particularly KOG. It will be interesting to see how they manage their spending moving forward. If they believe in the long-term fundamentals of the price of oil they don't need to overextend themselves because the oil itself isn't going anywhere.]]> http://seekingalpha.com/article/941371/comments?source=feed#comment-10865631 10865631 Wed, 24 Oct 2012 18:27:22 -0400 http://seekingalpha.com/article/941371/comments?source=feed#comment-10807701 10807701
My research and analysis should speak for itself. I'm not here to make decisions for you, I'm here to provide information and analysis. I don't run a hedge fund. I don't pump stocks. I look at various stocks for various reasons and write about them. Might I enter Whiting at some point? Sure. Do I plan to in the next 72 hours? No.]]> Tue, 23 Oct 2012 12:51:08 -0400
My research and analysis should speak for itself. I'm not here to make decisions for you, I'm here to provide information and analysis. I don't run a hedge fund. I don't pump stocks. I look at various stocks for various reasons and write about them. Might I enter Whiting at some point? Sure. Do I plan to in the next 72 hours? No.]]> http://seekingalpha.com/article/885081/comments?source=feed#comment-9810871 9810871 Mon, 24 Sep 2012 17:02:34 -0400 http://seekingalpha.com/article/871491/comments?source=feed#comment-9553801 9553801 Mon, 17 Sep 2012 16:42:41 -0400 http://seekingalpha.com/article/871491/comments?source=feed#comment-9553701 9553701 Mon, 17 Sep 2012 16:39:23 -0400 http://seekingalpha.com/article/820301/comments?source=feed#comment-8766261 8766261 Sat, 25 Aug 2012 10:53:16 -0400 http://seekingalpha.com/article/722991/comments?source=feed#comment-7896331 7896331
Most companies borrow to finance leasehold acquisitions in the oil and gas industry. SN has no debt because they are a start-up with very little production to borrow against.

There are certainly other ways you can look at debt in the oil and gas industry. If I was working in corporate finance for a company, I would create an index of similar sized companies and see how they are financing themselves. For this analysis, I purposely looked at a broad mix of companies in hopes of finding an industry average.

I do appreciate the feedback though, thanks guys.]]> Sun, 29 Jul 2012 15:07:16 -0400
Most companies borrow to finance leasehold acquisitions in the oil and gas industry. SN has no debt because they are a start-up with very little production to borrow against.

There are certainly other ways you can look at debt in the oil and gas industry. If I was working in corporate finance for a company, I would create an index of similar sized companies and see how they are financing themselves. For this analysis, I purposely looked at a broad mix of companies in hopes of finding an industry average.

I do appreciate the feedback though, thanks guys.]]>