Send Message
View as an RSS Feed
  • Look To Buckeye Partners For Current Yield And Long-Term Growth  [View article]
    Great article thanks for the information and welcome to SA.
    Dec 26, 2012. 11:07 AM | Likes Like |Link to Comment
  • An Introduction To Investing In Offshore Drilling Companies  [View article]
    Good article Brian, very informative. Added a follow to you.
    Dec 26, 2012. 11:05 AM | 1 Like Like |Link to Comment
  • Oil Producers In For Slow Months Ahead  [View article]
    I will take that under consideration and look it up. My main points rely on the fact that oil is a finite resource and demand is at all time highs relative to the history of oil consumption and growing.

    Take more expensive to recover and more demand and you have higher prices in my opinion. I have no doubt that there are many forces in place that are keeping prices high in the market. Certainly it is supply and demand as the underlying factor but why would the oil industry not want to maintain a higher price structure. It is good for oil companies and good for oil investors. The consumer may pay more but they also can offset it through investing. I don't see a huge downside but then again I am making money off oil so it is clear my opinion is bias.

    Regarding the master manipulation theories, if they were so in "control" as some would like to think then why would natural gas be a bloodbath for them. Most major oil companies, $XOM, $BHP, $CHK etc are all taking major losses over natural gas. If it were that easy to manipulate these markets I'm sure they would be doing so.

    Just my opinion of course.
    Aug 12, 2012. 07:50 PM | Likes Like |Link to Comment
  • Oil Producers In For Slow Months Ahead  [View article]
    Your points make sense and I agree. I see natural gas as an opportunity as well considering how low it is but do you see any major recovery (other then the huge bounce off the bottom we saw since April) going into 2013?

    It seems that the glut / over supply is still a major factor and exporting LNG is still in early stages to be able to take advantage of over seas prices.
    Aug 12, 2012. 07:45 PM | Likes Like |Link to Comment
  • Positives Mounting For Transocean  [View article]
    Bret excellent highlights and your reasons for $RIG being a great long term play are very valid in my opinion. Thanks for your DD.
    Aug 5, 2012. 06:12 AM | Likes Like |Link to Comment
  • Bakken Update: Wider Differentials And Lower NGL Pricing Continue To Hurt Producers  [View article]
    I would tend to agree with you and so does Billionaire Ken Griffin http://bit.ly/PWgUa9
    Aug 5, 2012. 06:10 AM | Likes Like |Link to Comment
  • Bakken Update: Wider Differentials And Lower NGL Pricing Continue To Hurt Producers  [View article]
    Michael, any ideas on how long till you think there will be enough data for evaluation since many of these laterals are still very young?
    Aug 5, 2012. 06:09 AM | Likes Like |Link to Comment
  • Bakken Update: Wider Differentials And Lower NGL Pricing Continue To Hurt Producers  [View article]
    Most of the oil production for the company comes from the Bakken, due to its recent rapid growth in production. http://bit.ly/QCJ1C5
    Aug 5, 2012. 06:07 AM | Likes Like |Link to Comment
  • Update - Apache's Growth Makes Earnings Miss A Good Buying Opportunity  [View article]
    Great DD on $APA, very bullish from here going into 2013.
    Aug 5, 2012. 06:06 AM | Likes Like |Link to Comment
  • Oil Producers In For Slow Months Ahead  [View article]
    It appears your main point is that oil is artificially overvalued and that the ones that stand to gain the most are the ones doing it. While the other comments above make great points of consideration on how no one group could be manipulating the overall system there are several other macro factors that seem to stand out regardless.

    The most of which is cheap oil is already gone. New production has to come from deep sea, arctic regions, oil sands, etc.; all methods of production that are considerably more expensive to produce and therefore require higher selling prices.

    Additionally overall consumption of oil has growth (in a broader picture not referring to quarterly data) particularly due to emerging markets and even economic slow down (which possibly one of the major causes was due to the run away oil markets in 2008) are not enough to create any major decline in prices.

    It simply costs more to produce and there is more demand now going forward then there has been historically. This is just my opinion of course and there are many authors on here with a lot more experience then I but these points seem to be consistent in my ongoing research.

    Aug 5, 2012. 06:03 AM | Likes Like |Link to Comment
  • Oil Producers In For Slow Months Ahead  [View article]
    Amazingly valid points.
    Aug 5, 2012. 05:54 AM | Likes Like |Link to Comment
  • Bakken Update: Oasis Is Increasing Production  [View article]
    Oasis Petroleum Inc. has an Analysts' Rating of 2.10 and 5-Year Projected Earnings Per Share Growth Rate of 26.67%. The short interest was 7.88% as of 05/24/2012.
    Jul 9, 2012. 12:08 AM | Likes Like |Link to Comment
  • Exxon May Soar On New Potential In Mexico  [View article]

    Mexico is only a fraction of it look at what is going on in Kurdistan.

    Additionally in the second quarter of 2012, Exxon Mobil announced a dividend increase of 21% and has been outperforming in the energy sector. In fact, the dividend yield is higher than its 10 year average.

    Apart from being bullish in exploring in and around Kurdistan, Exxon Mobil also bought back $5 billion worth of shares from the market. With a margin of 8.68%, Exxon has one of the highest returns on assets.
    Jul 8, 2012. 11:59 PM | 1 Like Like |Link to Comment
  • 2 New Reasons To Be Bullish On Marathon Oil  [View article]
    Marathon expects that its U.S. onshore production will reach just over 125 mboe per day by the fourth quarter of 2012, up from 100 mboe per day in the first quarter of 2012 and about 90 mboe per day in the fourth quarter of 2011. Marathon's expected capital allocation over the next four years indicates that it is staking much of its future growth on the Bakken and on Eagle Ford, with Eagle Ford capturing 43% of Marathon's growth allocation.

    After years of negative revenue growth (-42% on a three year average at present), this type of growth is what Marathon needs to see growth in its stock price. Currently trading around $25 per share, Marathon has a price to book of 1.0 and a forward price to earnings of 6.0, which is about as cheap as this value stock is going to get.
    Jul 8, 2012. 11:53 PM | 2 Likes Like |Link to Comment
  • Transatlantic Petroleum: Bound to Boom  [View instapost]
    I guess you can't predict them all correctly...
    Oct 20, 2011. 11:08 AM | Likes Like |Link to Comment