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unclemike7849

unclemike7849
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  • What About Vale? The Effect Of Elections On Vale's Price [View article]
    Mr. FGM1477,
    This is perhaps the most complete and accurate analysis of any company that I've been invested in during my 42 years of investing. I couldn't find any word that I disagreed with. Although I wish I had sold my VALE stock 3 years ago at a small profit, I have been buying down during the last 8 months and look forward to seeing the stock above $15 again. I have cut my paper loss by 85% during the last 8 months.
    Oct 2 05:26 PM | 3 Likes Like |Link to Comment
  • National Oilwell Varco announces $3B share buyback plan [View news story]
    Did you not notice that oil tanked by $3.15 / barrel today???
    Sep 30 05:32 PM | 1 Like Like |Link to Comment
  • UBS lists six energy stocks that may be M&A targets [View news story]
    Exxi.............the article is about onshore inventories, not offshore.
    Sep 30 04:51 PM | Likes Like |Link to Comment
  • Continental Natural Resources - Unexpected Cost Increase Triggers Anxiety Among Investors [View article]
    That's the most ridiculous comment I've heard in months about any solid company, especially CLR. CLR is second only to EOG in my opinion, although I can understand if someone says PXD is in second place.
    Sep 22 01:49 PM | 2 Likes Like |Link to Comment
  • Continental Resources eyes 2014 costs of $10M per well, up from $7.5M [View news story]
    Mr. Hamm and company wouldn't go this route without feeling confident that these revised/upgraded techniques will prove productive. Afterall, CLR and EOG are the best in the business and have lead the way in numerous areas.


    Yesterday was a great time to buy more stock.......hope you did to.
    Sep 19 10:45 AM | Likes Like |Link to Comment
  • Penn West Petroleum beats by $0.23, beats on revenue [View news story]
    PeeWee is back in the game!
    Sep 18 11:01 AM | Likes Like |Link to Comment
  • McDermott: 2 Recent Events Make This $6 Oil Stock An Increasingly Ripe Takeover Target [View article]
    Foster Wheeler would be a very unlikely company to buy MDR since they are in the process of being bought by AMEC, an English company by 1Q 2015.
    Sep 16 03:58 PM | 1 Like Like |Link to Comment
  • What Is Happening With Penn West? [View article]
    Yet another extreme and often incorrect portrayal of a company by IAEResearch.
    I've criticized at least 3 of their articles in the last 2 months alone. Please start researching your data versus making poor assumptions / conclusions in the future.

    The past management is the only negative thing about PWE. Current management not only cleaned house, but has managed the company in a conservative and professional manner. These "scandals" as you call them will be dealt with without future fanfare and the numerous ambulance chasers will go home with their tails between their legs, looking for some other company to try and pounce on.
    Sep 16 02:42 PM | 3 Likes Like |Link to Comment
  • Is National Oilwell Varco A Good Investment? [View article]
    This is the second article by this author in the last 4 weeks or so that is simply re-hashing bits and pieces from other articles, sources, etc. I wish he/she would do their own research (hopefully current or course) and report back with something worth reading. Long NOV for 4 years now.
    Sep 16 12:52 PM | Likes Like |Link to Comment
  • Why EOG Resources Has Gone Conservative [View article]
    It seems that almost every article regarding "the upcoming oil glut" invariably leaves out two very distinct thesis changers...........OPEC, who won't tolerate $96 Brent very long (they have been on record for several years now that they want $100 or more). They can start closing the faucet at any time.


    The other thesis changer is the rapid decline of shale wells. So rapid in fact that in some shale fields the mostly smaller companies can't seem to get their production ahead of their decline. Look at Halcon (HK) and Goodrich Petroleum (GDP) for example. I have been long (and primarily) in oil / oil service stocks for 9 years now and have done well. I don't expect anything to materially change in the next 2-4 years, especially after this abomitable administration is gone. Good luck to all.
    Sep 15 11:58 AM | 1 Like Like |Link to Comment
  • Continental Resources' Bott, seen as likely successor to Hamm, resigns [View news story]
    Bott was thought to be Hamm's eventual successor. The headline makes perfect sense.
    Sep 12 10:19 AM | Likes Like |Link to Comment
  • U.S. Silica announces two new oil and gas capacity expansions [View news story]
    If you would have defined "C", your comment would have been more complete (understandable).
    Sep 10 06:36 AM | Likes Like |Link to Comment
  • UBS sees four big energy stocks as possible takeover targets [View news story]
    WHO??
    Sep 9 10:02 AM | Likes Like |Link to Comment
  • Whiting Petroleum: A High Risk, High Reward Play After Acquisition [View article]
    For what it's worth..........Contine... Resourses will be out producing this combined merger by the first quarter of 2015.
    Aug 26 01:37 PM | 2 Likes Like |Link to Comment
  • Waiting Patiently To Pounce On Serial Dividend Increaser National Oilwell Varco [View article]
    DNOW will get significant investor interest very soon at it's current price and simi-monopoly position.
    Aug 15 10:27 AM | 1 Like Like |Link to Comment
COMMENTS STATS
179 Comments
210 Likes