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nmlobo6

nmlobo6
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  • Magnum Hunter guides 2014 revenues well below consensus [View news story]
    Got confirmation from IR that projected revenue is 400M.. It was in fact a typo.
    Jan 13, 2015. 06:56 PM | 1 Like Like |Link to Comment
  • Magnum Hunter guides 2014 revenues well below consensus [View news story]
    I noticed that too, they should beat exit rate pretty good. I put in a call to IR at Magnum but of course no one picked up. Followed up with an email hopefully will get a response.
    Jan 13, 2015. 06:18 PM | Likes Like |Link to Comment
  • Magnum Hunter guides 2014 revenues well below consensus [View news story]
    Yeah 3qrt's is $330M did they start putting Nat Gas back into the ground?
    Jan 13, 2015. 04:09 PM | 2 Likes Like |Link to Comment
  • The Crash Of The Oil - Time To Load The Portfolio? [View article]
    Does that mean I should ignore this "I don't think it will go to $70." -T. Boone Pickens
    Nov 19, 2014. 04:07 PM | 2 Likes Like |Link to Comment
  • Magnum Hunter Resources: Will It Ever Generate Positive Free Cash Flow? [View article]
    @ Jason Kaplan
    1st of all yes I do believe their Bakken assets are worth $300M do you have evidence to the contrary? Because there's plenty of evidence to support that price. Your basically saying you know more than the executives at companies like Stat Oil and Continental Resources just to name a few.
    2nd It's almost comical to me that you lack a true understanding of how oil companies work. Yes it does take time to accrue cash from wells that pay out over 20 years. But when a company is hitting wells at +95% rate and IRR's between 50%-100% it doesn't take a rocket scientist to figure out that those are fantastic returns.
    3rd I also think you are really missing the big picture here. You are doing a negative piece on a company that because of shut in's is going to double it's production in 1 quarter. Do you think it's prudent to advise investor to go find another company that can beat one that's going to double it's revenue in 1 quarter? Good luck with that
    Nov 19, 2014. 02:42 PM | 1 Like Like |Link to Comment
  • Magnum Hunter Resources: Will It Ever Generate Positive Free Cash Flow? [View article]
    I don't agree whatsoever. A theory is an educated guess backed with facts. If you plug in facts that support your thesis but leave out others that contradict it that's junk science. He's making a false assumption that MHR is going to keep spending at the same clip. This is totally false, just listen to the last conf. call if you don't believe me. It's amateur hour at Seeking Alpha!
    Nov 19, 2014. 02:06 PM | 2 Likes Like |Link to Comment
  • Magnum Hunter Resources: Will It Ever Generate Positive Free Cash Flow? [View article]
    iosum,
    "Thank you for your even-handed review of MHR" Seriously? It's not well written nor is it even close to true in theory or fact.
    For one the Author didn't know that MHR has $300 million asset up for sale. he had to go back and actually listen to the conference call. He then starts back peddling and totally undermines the premise of his whole argument. " IRRs at 50%+...well if that was the case on a sustainable basis this company might actually make some money." Not that it would matter but MHR get $.50-$1 uplift because they own the pipeline.
    I would caution you to pay attention to amateurs that post pieces on SA and base their thesis on quarterly reports. Nothing is more naïve than to do so in regards to oil companies. The assets are in the ground and they show up over time. I would encourage you to listen to what the CEO has to say about the IRR's they are getting in the Marcellus/Utica and do the due diligence and compare it to players in MHR's neighborhood then form your own opinion.
    I for one can counter almost ever single argument made by Jason Kaplan though he seems to be doing that on his own. I do give him credit, at least he put his name on it.
    BTW if you really want to find out what's going on with MHR without having to do a lot of work I would suggest following Mike Maher on stock twits.

    Nov 18, 2014. 06:14 PM | 4 Likes Like |Link to Comment
  • 2 Of The Most Challenged Shale Players Are Also The Most Overpriced Ones [View article]
    I have another question, what 2 dumbskulls are following this clown?
    Nov 14, 2014. 12:11 PM | 14 Likes Like |Link to Comment
  • 2 Of The Most Challenged Shale Players Are Also The Most Overpriced Ones [View article]
    Good Grief this is without a doubt the worst, naive, misinformed article I've ever seen on SA.
    •Shale exploration and production requires continuous drilling, due to 80%-90% three-year well decline rates. You don't even have the right plays in your piece for comparison first of all and 2nd go look at IRR's you are just flat wrong.
    expensive. (This is my favorite of the complete ignorance) Umm no they don't, ever oil company in the history of ever borrows money to drill wells to eventually fund capex with revenues from those projects. (See IRR's on wells that GDP and MHR have)
    •GDP and MHR have already sunk the most money into the ground vs. their peer group, relative to what they generated, since 2011. Yeah but take MHR for example, They do what's called pad drilling (I say this because you obviously have no earthly idea nor have you ever looked at or listened to a conf. call or presentation). They do this to save money, drill multiple wells on the same pad. Problem is you have to shut in the wells as they come online to drill the next. That way you don't kill somebody by knocking over a well head on some really high pressure wells that these company's have. So long story short is production comes in lumpy,you may have multiple quarters where shut in's are going on and in MHR's case you may have a double in production in one quarter. Any oil person knows it takes investment in land and equipment to build production.
    •GDP and MHR will run out of money within the next year, and are unlikely to be able to borrow any more. This is just laughable and an outright lie, It takes a bout 1 minute to find out that both companies cap ex's are funded through 2015.
    Finally MHR is 65% nat gas so why would emphasize oil prices so much as part of your idiotic thesis?
    Nov 14, 2014. 12:06 PM | 18 Likes Like |Link to Comment
  • 8 Major Reasons Why The Current Low Oil Price Is Not Here To Stay [View article]
    Thorough article well done. Still don't get why you keep lumping MHR in with these others as a short candidates based on liquidity and oil prices. MHR liquidity has significantly improved as they divest their Bakken positions. They are currently 60% Nat gas and NGL's (not that that's the best thing right now). They soon will be a pure Marcellus Utica play. You obviously have done your due diligence on where you think oil is headed, how are you missing such an obvious oversight when it comes to MHR???
    Thanks
    Oct 22, 2014. 01:34 PM | 3 Likes Like |Link to Comment
  • Marcellus Differentials: What To Expect From The Earnings Season? [View article]
    Richard, thanks for the article, very thorough. Curious as to why you left MHR off the "Integrated producers with significant exposure to the midstream should be able to partially mitigate the impact via direct participation in the midstream profits" list. MHR owns their pipeline through the Eureka Hunter subsidiary. Also though you mentioned it twice, I would of liked a contrarian point of view relating to the large spike in spot prices during the winter months.
    Oct 21, 2014. 10:26 PM | 2 Likes Like |Link to Comment
  • Athletic Momentum For Athlon? [View article]
    Agreed, I just can't stand people like VD that are dead wrong about a company and painfully self promote a penny stock at the same time.
    Jun 27, 2014. 01:09 PM | 1 Like Like |Link to Comment
  • Athletic Momentum For Athlon? [View article]
    Michael Fillon is a genius and Value Digger is.... ummm not. Why reference the later?
    Jun 21, 2014. 11:13 PM | 2 Likes Like |Link to Comment
  • Halcon Resources: Will The Tuscaloosa Marine Shale Be The Final Nail In The Coffin? [View article]
    VD, pffffffff wrong.........again! Stick to the penny stock pump game this just isn't in the cards for you.
    May 12, 2014. 09:04 PM | 2 Likes Like |Link to Comment
  • You Must Be In Denial To Bet Your Farm On SandRidge Energy At The Current Levels [View article]
    I stopped reading at MHR being overvalued, you're joking right? So you are going to short a stock that announced a 20 MMcfd well recently? Not to mention the premium they get because they own the transportation pipeline. Not that you have by your comments, but do you know the IRR on a Utica well of that size with a $1 premium to $4.74 nat gas price?
    Don't really get the peer comparison either. So you thought it prudent to compare a mostly Utica/Marcellus player to a Mississippi Lime Player? Why? The IRR's, depletion, cost, heck even the oil and gas ratios aren't in the same ballpark. Ohh wait I know you wanted to draw as many viewer as you could so that you could pump a pink sheet. Got it
    Apr 21, 2014. 01:03 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
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84 Likes