Seeking Alpha


Send Message
View as an RSS Feed
View Origa's Comments BY TICKER:
Latest  |  Highest rated
  • Crude oil enters the $30s [View news story]
    This is the long awaited correction in the stock market, the shorts are earning big money because everything has been red. Many have said in 2014 that the market was overvalued, now, they are correct and have been from the beginning of this year.

    Oil will be in red, and more of the same will come, when Banks revalue the loan given to shale producers and the Saudi are willing to wait to see how it plays, before they decide on what to do.

    You cannot rule out the Oil boom in Basra/Iraq, and the Saudi also wants to Iran to get as little as possible from increased production.

    I don't believe we have seen the bottom yet, and saving cash is the best course of action.
    Aug 21, 2015. 03:18 PM | 8 Likes Like |Link to Comment
  • Estimating Cash Flow Neutrality Level For Whiting Petroleum In 2016 [View article]
    The problem is DD&A and the cost of implementing the 40-50% better improved wells, and they are going to keep as many people on the job as possible.

    I would like to see WLL with a profitable quarter or two.
    Aug 3, 2015. 01:12 PM | Likes Like |Link to Comment
  • Will OPEC 'Throw In The Towel'? (Part 2) [View article]
    The Saudi can now gain control of US shale oil and make a better deal if they start buying equities in Shale oil companies.

    The US should focus on lifting, gradually, state policy that hinder a stateĀ“s "export" to another state, like California.
    Jul 27, 2015. 03:31 PM | Likes Like |Link to Comment
  • U.S. oil rig count rises by 21 for third gain in four weeks [View news story]
    It is also closer to the earning reports and you have to pay close attention to.


    Those Companies WHO has Cash on hand, they may, after this round of earnings, start M&A or wait to buy until some companies are chapter 11.
    Jul 24, 2015. 02:47 PM | 3 Likes Like |Link to Comment
  • Will OPEC 'Throw In The Towel'? [View article]
    Saudies are ruled by economics, but if they were to reduce crude oil production it will only encourage more

    Green energy.
    Increased iranian crude oil production.
    Increased revenue to ISIS.
    Other new Technologies.
    1000 Rigs in the US in spare production

    The Saudia arabia Cash burn, which is 60 Billion $, they could last 10 years before they would have to borrow more Money.
    Jul 24, 2015. 02:39 PM | 1 Like Like |Link to Comment
  • EIA Petroleum Inventories [View news story]
    It is very interesting to see OPEC production numbers, and it is only Iraq, Saudi Arabia and Nigeria who has increased Crude Oil Production.
    Source OPEC, page 59

    Now going forward,
    The Iraq oil minister has said and asked to lower production etc.
    (read the last words of the article)

    Saudi Arabia has started to borrow money and it is loosing money, on its tactic against us shale and all the other challenges the country faces.

    So to conclude today's commodity market is that, it has no value and no one knows what the price should be for a commodity. The losers in this game are the small players, and not just inside the US.

    Jul 22, 2015. 04:27 PM | 2 Likes Like |Link to Comment
  • Crude oil dips below $50 on glut worries [View news story]
    It is all about the quality of the rig spots, that have increased production. When the rig spots are beginning to be depleted, then there will be a production cut.
    Jul 21, 2015. 03:22 PM | Likes Like |Link to Comment
  • Emerald Oil - Reduced Covenant And Pricing Risk Comes At A Cost [View article]
    Do not trust this valuetrap. It has a clear direction to chapter 11, because it has no meaningfull production but plenty of so called good arguments.
    Jul 13, 2015. 10:23 AM | 1 Like Like |Link to Comment
  • Slow progress as Europe ministers hand off to leaders' summit on Greece [View news story]
    Greek debt can repayed, as long Greece complete all reform and the creditors allow to use money on a better tax collection and the creditors can get all the money when the interest is zero procent, with a term, that Greece must not borrow money from Russia, China or any other nation, until the debt is 90% of GPD.

    Every part, has to aknowledge that they can set to impossible term with the result of loosing money.
    Jul 12, 2015. 02:48 PM | 2 Likes Like |Link to Comment
  • Iran nuclear talks drag on [View news story]
    While last minuttes talk with Iran is going on, all eyes are on Greece.
    Jul 12, 2015. 09:17 AM | 4 Likes Like |Link to Comment
  • U.S. crude sinks 7.7% to $52.53 in worst day since April [View news story]
    Would that mean, that a
    Greek deal, no Iranian deal and a production cut in SA will be a big bull run in the market?

    I believe so, the lack of news in 24 hours and the US Media gets a frenzy and traders react negatively.
    Jul 6, 2015. 06:05 PM | 2 Likes Like |Link to Comment
  • Petroleum inventory rises in the last week [View news story]
    When looking on crude production, then it has declined or atleast reported, as declining from the 29-April until today.

    Now the oil is beeing hammered down for it, as it looks like that this weekend was to much import and crude production.

    Despite the iranian Oil might very soon return to export. I dont expect it to get sold solely to the US, in fact, the oil glut will make it difficult to sell in a saturated US market.
    Jul 1, 2015. 02:33 PM | 2 Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    "Greece will never pay back their debts" that is what greece has been doing for a long time, in fact, when the debt is to high was to devalue the currency and repeat the cycle.

    Now EU is pressing the greek to pay back their debt, and I will support EU to contunue the pressure until accountability and responisble politician will pay back their debt and create a historic event so hard that the world does not forget to pay back the debt.
    Jun 29, 2015. 04:50 PM | 1 Like Like |Link to Comment
  • Greek parliament approves bailout referendum [View news story]
    The stock market reaction tomorrow.

    If this is going to the blue print on how European debt repayment is going to look like, then it sends a dire signal to Portugal, Italy, France and others, then I would say the uncertainty is going to be the rule when the markets open.

    Allowing banks to shut down is bad, that equals sanctions as no nation can export goods to Greece, private companies cannot make payroll or pay their suppliers.
    Jun 28, 2015. 05:32 PM | 1 Like Like |Link to Comment
  • Greek parliament approves bailout referendum [View news story]
    The German government has said, that they will send aid in form of food, medicin, when the last ressource is used in Greece.

    Germany will send aid because the greek people should not suffer from the greek government foolish descicion.
    Jun 28, 2015. 02:57 PM | 1 Like Like |Link to Comment