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T-Rex81

T-Rex81
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  • Anadarko takeover by Exxon is unlikely, J.P. Morgan says [View news story]
    The real question is do XOM & APC Exec's hunt together. The XTO deal was hammered out over a quail hunt. So the real ? is are they out hunting.
    Jun 12, 2014. 07:12 PM | Likes Like |Link to Comment
  • Anadarko hits 52-week highs as takeover speculation swirls [View news story]
    XOM is constantly buying small independents. It needs big acquisitions to move the needle. People constantly compare it to CVX but XOM is twice the size. XOM has been hammering cost savings and cutbacks in expenditures I wouldn't be surprised if they do acquire someone.
    Jun 11, 2014. 11:52 PM | Likes Like |Link to Comment
  • Argus downgrades Chevron on valuation, prefers Exxon [View news story]
    It all about the mix and Chevron doesn't have it. The next two decade are going to be all about nat gas and cvx just doesn't have it. Buffet see's it and others are starting to come around. Our company is switching it's fleet to Fords new F-250 that runs on nat gas for 200 miles before switching to gasoline. We expect this switch to save us over a million a year in fuel costs. This technology is going to sweep the nation once people realize they can fill up @ around 1.85 a gallon of energy and just have gasoline as a backup. Power plants, CNG transportation and LNG exports. Plus oil. Good call Argus.
    May 8, 2014. 11:44 PM | 3 Likes Like |Link to Comment
  • Worried About Exxon Mobil? Are You Kidding Me? [View article]
    Do you have anymore ancients reports to quote perhaps from the 1990's or how about something from the 70's. Anything from before 2010 & oil shale boom is useless. It is my firm belief that not withstanding the Crimea situation escalating their could be a major pull back in oil prices with oil settling in around 80. Since the XTO purchase XOM has completed over 90 acquisitions of varying size some public many private. I believe they are gearing up for more.
    Mar 9, 2014. 07:15 PM | 1 Like Like |Link to Comment
  • Worried About Exxon Mobil? Are You Kidding Me? [View article]
    If you had kept up with XOM you would know they divested themselves of all algae based bio fuels initiatives last year after finding there had no economical viability at this time. Tillerson has gone on to say they have investigated alternatives and they are uneconomical.
    Mar 9, 2014. 06:53 PM | 2 Likes Like |Link to Comment
  • Worried About Exxon Mobil? Are You Kidding Me? [View article]
    XTO was a timing mistake because BHO got re-elected & we all ended up suffering 4 more years of incompetence. XOM bought XTO not just for its portfolio but it's people & unconventional well knowlege. Knowlege that would have been degraded & lost as XTO was looking at shrinking a third of its personnel if a deal hadn't been made. Once keystone xl is approved (& it will be approved after the 2014 elections) XOM's Kearl Oilsands project will come fully online helping ease production shortfalls. Once BHO wakes up and realizes the best way to fight Russia is approve all the stalled LNG Trains & flood the world with Nat Gas XOM will make Standard Oil look puny. As far as cutting back on capex has anyone thought about a buyout or take over? Maybe someone like Pioneer? People keep talking about Chesapeake but I doubt it. Probably would make them a monopoly. Personally when I see a giant company making the moves XOM's making that's what comes to mind "who are they going to buy".
    Mar 8, 2014. 05:29 PM | 4 Likes Like |Link to Comment
  • Another Day, Another Major Shale Discovery [View article]
    There are so many shale plays that haven't been published it's not even funny. The market would collapse if people knew how much nat gas there is out there. 100 years more like 500-600 years powering the entire earth not just the USA. Not six months ago the company I work for had me in an automation class. Teacher was showing me Picts of a well he had just wired up. In an area no one is talking about well was pinched back to 800mcf and is expected to flow @ that rate for the next 20 years. First well destroyed wellbore after flowing @ initial rate of 55mmcf. Company's not even pursuing area aggressively as it's not liquid rich( just abandoned Utica for same reason) point being if we had the Will and foresight we could be new Saudi Arabia.
    Mar 8, 2014. 12:28 AM | Likes Like |Link to Comment
  • Ignite Your Portfolio With This Radioactive Pair Trade: Short Uranium Resources And Long Energy Fuels [View article]
    Interesting news from KEPCO EFRFF's largest contract customer and a large shareholder. Pierre Lau of Citigroup asked KEPCO during their 2nd quarter earnings call what their plan was for restarting the ten nuclear power units they currently have down. Their reply "I would like to answer the question on the utilization rate of nuclear power plants and the forecast that we have regarding that. It is true that as you mentioned in your question, for the second quarter, utilization rate was somewhere at around 68% to 69% range. In the third quarter, we expect that to be 78% and for fourth quarter we expect it to be 92%. So that on the full, yearly average will turn out to be somewhere around 80% level." Not sure if this will affect EFRFF in the short term but we seem to be moving in the right direction.
    Aug 10, 2013. 06:37 PM | 1 Like Like |Link to Comment
  • Exxon Mobil Gets Away With Dismal Q2 Performance [View article]
    What did you expect? XOM is 2X the size of CVX and almost 3X the size of COP. If it was the country of Exxonlandia it would have a higher gdp than Sweden. Moving it is like turning a battleship. If your looking for a fast moving growth stock XOM is not your stock. If you plan on starting a position, feeding into it consistently, and walking away with millions of dollars thirty years from now, then it is the stock for you. DRIP, compound interest, stock buy backs and a positive long term outlook are the reason Investors are sticking with XOM. This articles good but it's a sapling in the forest of the big picture.
    Aug 8, 2013. 12:40 AM | 2 Likes Like |Link to Comment
  • Ignite Your Portfolio With This Radioactive Pair Trade: Short Uranium Resources And Long Energy Fuels [View article]
    EFRFF has long term contract's with a South Korean Utility conglomerate KEPCO. KEPCO is EFRFF's largest stock holder. Seems pretty secure. EFRFF is also benefiting from low cost Ur mining in Arizona that allows them to fill these contracts with minimal overhead. Their mine's near the Grand Canyon are high grade, permitted, and grandfathered in from current environmental restrictions.
    Aug 1, 2013. 08:29 PM | 2 Likes Like |Link to Comment
  • Ignite Your Portfolio With This Radioactive Pair Trade: Short Uranium Resources And Long Energy Fuels [View article]
    EFRFF not only has the only mill in the U.S. they also have all the permitting in place to build a second mill (Paradox Valley CO) should extra capacity be needed. EFRFF stands to see enormous growth. It's nice to see other's taking interest in this stock.
    Jul 31, 2013. 08:27 PM | 2 Likes Like |Link to Comment
  • The Bullish Case For Uranium [View article]
    I feel like this long time horizon gives smart small investors time to accumulate. I can't go out and buy 100,000 share blocks in one fell swoop. But I can go out and buy a couple thousand shares of the various uranium company's I follow every pay period. I'm @ 50,000 total shares right now. ( I had the misfortune to start 6 months before Fukashima). I hope to be at 150,000-200,000 shares when Uranium come's around. If it comes around early great. If it comes around 10 years from now all the better. But Aricool is right this is not a near term next six months turn around. That said this play may be one of the greatest contrary plays ever. This sector may as well be extinct for all the attention it has received. If it turns watch out.
    Jul 14, 2013. 03:11 PM | Likes Like |Link to Comment
  • Kazakhstan's government says it will exercise its right of first refusal and acquire the 8.4% stake held by ConocoPhillips (COP) to develop the giant Kashagan oil field. After state-owned KazMunaiGaz completes the deal, it would hold a 16.88% stake in the $48B project; Exxon Mobil (XOM), Royal Dutch Shell (RDS.A, RDS.B), Total (TOT) and Eni (E) each would own 16.81%, China's CNPC 8.33% and Japan's Inpex 7.56%. [View news story]
    Why is COP selling? I've read Alpha articles forecasting a COP cash crunch. Is this just a refocus to assets in the US (Eagleford) or is there a bigger problem.
    Jul 2, 2013. 08:22 PM | Likes Like |Link to Comment
  • This Oil Major Is Eyeing The World's Second Largest Shale-Oil Basin [View article]
    What about the Texico litigation due to polluting the Amazon. Argentina has already said they will basically expropriate CVX's property's if a judgement comes down in Ecuador's favor. Way to much risk. If your going to dance with snakes you have to be sure if you get bit the snake dies too. CVX should take a page from the XOM Rosneft partnership. XOM was brought in to help explore the Arctic( funny enough, right after a Russian drill ship flipped over in the Arctic killing over 50 people) & Rosneft gets access to the Gulf of Mexico's deepwater and the experience that goes along with it. COP was screwed over by LUKOIl. BP was ruthlessly hustled & ran out of Russia with no recourse also. Let's see if this modern day mutual assured destruction pact will work. This may be the only way to keep dishonest actors above board.
    Jun 20, 2013. 12:38 AM | 2 Likes Like |Link to Comment
  • Exxon Mobil Or Chevron For The Long Term [View article]
    Which of the above company's do you think has the most upside if the U.S. allows nat gas exports or even just a nat gas turnaround?
    Jun 15, 2013. 10:52 PM | Likes Like |Link to Comment
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