oldarmy1 said:
Futures just exploded from down 20 to down 8
Appears so
oldarmy1 said:
Futures just exploded from down 20 to down 8
You're buying?foleyt said:
Buy buy buy!
Because it was a bit lower in Q1mrad85 said:
How can they say CHK is hurting from lower crude prices? The price of crude is high right now. Near it's 6 month high
The Trump effect. 12 point pop and settle to -13tailgatetimer10 said:
I took it as sarcasm, on how the market reacts to nothing much
Insane, isn't it? If we could just somehow tie into his twitter we would be rich-erfoleyt said:
No. Joking about buying after a positive Trump tweet
I think the biggest knock against CHK right now is that they aren't in the Permian basin.Rice and Fries said:
On CHK...https://finviz.com/quote.ashx?t=CHK (look at bottom of page for insider trades)
https://finance.yahoo.com/news/chesapeake-energy-completes-buyout-wildhorse-133901585.html
I have a buddy who works for NGP Capital. Its an O&G private equity company. Long Story Short....They sold out of most of their remaining shares in March. That to me, is not a good sign.
They had shares of CHK from their ownership in WRD. This was a Eagle Ford Shale operator that NGP helped finance and restart post Chp. 11. My guess is that they still had remaining shares post closing of the CHK - WRD merger and wanted to be done with it.
That said, I was really bullish on WRD before they were bought because of their total capacity in the Eagle Ford Shale. They were building their own sand facility to help them frack and lower costs.
Long run, I like CHK. Not sure I'd expect great things in the short term. Too much debt and Daddy Trump is pushing against creeping gas prices.
He should tweet a warning that he's about to tweet something so we can all hedge are crap!oldarmy1 said:Insane, isn't it? If we could just somehow tie into his twitter we would be rich-erfoleyt said:
No. Joking about buying after a positive Trump tweet
Daddy Buffett and Munger about to be comin for that ass.oldarmy1 said:
WFT canceled conference call/postponed earnings.
Rut roh
They couldn't even get their books right for their recent lab sale. I don't know why anyone would trust them with anything these days.oldarmy1 said:
WFT canceled conference call/postponed earnings.
Rut roh
It's a lotto ticket. Even a blind squirrel finds a nut every now and thenrgag12 said:
Got out of CHK when it flashed up just now. Not confident about that one
Because people are taking some profits.E said:
Why is TEUM going down after yesterdays good ER? IS it because they have low cash?
This is something we could all take a lesson inIrishTxAggie said:Because people are taking some profits.E said:
Why is TEUM going down after yesterdays good ER? IS it because they have low cash?
Pioneer seems to be the popular consensus. Especially with the head count trimming they've been doing the last couple of months.el diablos y muchas lunas said:
Energy Ags,
Who are the most likely permian buy out targets? PXD, PE, ? best acreage?