Seeking Alpha

chazsf

chazsf
Send Message
View as an RSS Feed
View chazsf's Comments BY TICKER:
Latest  |  Highest rated
  • Exxon, Shell among oil majors showing early interest in Mexico bidding round [View news story]
    In terms of Mexico's needs, I think only Chevron, Exxon and Shell have the capacity to meet them completely. Other bidders will need to partner up.
    Jan 21, 2015. 02:57 PM | Likes Like |Link to Comment
  • Schlumberger to buy $1.7B stake in Eurasia Drilling [View news story]
    Schlumberger is not an American company.
    Jan 20, 2015. 08:44 PM | Likes Like |Link to Comment
  • BHP to shut down 40% of its U.S. shale wells [View news story]
    "BHP to shut down 40% of its U.S. shale wells"

    is not the same as

    "BHP Billiton (NYSE:BHP) says it will shut down 40% of its U.S. shale oil rigs by the end of its fiscal year."
    Jan 20, 2015. 08:40 PM | 8 Likes Like |Link to Comment
  • Bakken Update: 2015 Oil Prices Are Key To Bakken Rig Movement [View article]
    From the author's disclosure: " For specific stock recommendations, or additional info, contact us at shaletrader.com. This article is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links."
    Jan 19, 2015. 08:02 PM | 1 Like Like |Link to Comment
  • Devon Energy Is Extending Its Eagle Ford Growth Story [View article]
    "Following is the debt portion of enterprise value:"

    Correction. I should have written -
    Following is the debt relative to market value:
    Jan 19, 2015. 06:55 PM | Likes Like |Link to Comment
  • Devon Energy Is Extending Its Eagle Ford Growth Story [View article]
    "Devon is one of the better managed, lower leveraged companies with great leasehold."

    Let's test out the leverage part, at least, among the large integrated or upstream American companies.

    Following is the debt portion of enterprise value:
    Exxon 19%
    Chevron 21%
    Conoco 38%
    Occidental 8%
    EOG 12%
    Devon 70%
    Marathon 52%

    http://bit.ly/1yiWWAY
    Jan 19, 2015. 06:32 PM | Likes Like |Link to Comment
  • Devon Energy Is Extending Its Eagle Ford Growth Story [View article]
    "A 33% increase in Devon's Eagle Ford oil output would grow its 2014E oil production of 207,500 bo/d by 14,250 bo/d, or 6.9%."

    So, how low will the Saudis have to drive crude prices to curtail Devon's drilling?
    Jan 19, 2015. 01:39 PM | Likes Like |Link to Comment
  • Oil Turnaround: Diverging From 2008 - Sort Of [View article]
    "Nothing like 100 million barrels of extra demand to support prices."

    That is basically one day's worth of production.
    Jan 17, 2015. 01:01 AM | Likes Like |Link to Comment
  • BOJ mulls negative consequences of QE [View news story]
    "Ridiculous long-term interest rates"

    So much for intelligent discussion ...
    Jan 15, 2015. 08:03 PM | Likes Like |Link to Comment
  • Swiss Franc And Credibility [View article]
    "It sounds like they may try heavier negative rates as their "Plan B"."

    Sure looks that way ...
    Jan 15, 2015. 07:59 PM | 1 Like Like |Link to Comment
  • Oil Turnaround: Diverging From 2008 - Sort Of [View article]
    "My thinking is, it's gonna be a ghost town and production is going to drop FAR faster than anybody realizes."

    I hope you are right ... The faster the fall, the faster the rebound.

    From what I have seen, capex budgets are only being cut 20% - and even so companies are claiming they will still increase production year over year.
    So far, it seems like a "global commons" issue: "Everybody else will cut production so I don't have to."
    Jan 14, 2015. 02:36 PM | 5 Likes Like |Link to Comment
  • Barra Low-Balling GM Prospects For 2015 [View article]
    "Barra has been able to blame past results on others, institute her own game plan and take control of what would otherwise be a sprawling, resistant corporate culture."

    Barra should mark a new beginning for GM, as Mulally marked a new beginning for Ford.
    Jan 10, 2015. 03:22 PM | 3 Likes Like |Link to Comment
  • An electric Bolt from GM [View news story]
    "before you answer too quickly check the return on TSLA in the last 10-11 months"

    11 months ago (2/10/14), Tesla closed at $196.56. It is currently 'up' 5.1% from there.

    10 months ago (3/10/13), Tesla closed at $238.84. It is currently 'down' 13.4% from there.
    Jan 10, 2015. 02:55 PM | 1 Like Like |Link to Comment
  • Credit Suisse lists nine favorite stocks in energy and utilities, five to avoid [View news story]
    "It is noteworthy that CS considers fossil fuels and renewables as the "energy sector."

    I think investors tend to see those as two separate groups. While you can invest in both, cross-comparing them does not readily come to mind as they face different issues and opportunities.

    By the way, a week ago I crossed Altamont Pass in my fossil fueled car. Although the Highway Patrol had issued high wind warnings and the wind, in fact, forced me to slow down, I only saw 3-4 wind turbines spinning out of the hundreds that blanket the pass. What was up with that?
    Jan 10, 2015. 02:20 PM | 1 Like Like |Link to Comment
  • U.S. Natural Gas Economics: $4 Works; $3 Is Too Low [View article]
    "Xom and CVX already has so much debt"

    It is rather the reverse. The largest companies have great cash flow and rely less on debt to fund capital expenditures than smaller companies.
    Jan 6, 2015. 09:36 PM | Likes Like |Link to Comment
COMMENTS STATS
737 Comments
686 Likes