- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Stone energy. Anyone with info
Posted on 6/22/16 at 10:46 am to Brettesaurus Rex
Posted on 6/22/16 at 10:46 am to Brettesaurus Rex
They're suppose to be mobilizing a rig to drill in the gulf pretty soon. I doubt it has to do with any stock action though.
0
Posted on 6/22/16 at 12:25 pm to Omada
I'm out at 150% in a couple weeks. No shame in that regardless of the particulars.
Posted on 6/22/16 at 12:48 pm to Omada
quote:
Have fun with the nasty wash sale rule. That thing isn't fun at all. But it's all in place to protect the average guy, ain't that right, SEC?
I actually read up on that and it was more than 30 days after I sold that I bought back in, so I don't expect to have any issues.
I'm nearing actually breaking even to my original buy in, so I'm gonna watch it for a little while and see if I can top that.
This post was edited on 6/22/16 at 12:49 pm
Posted on 6/22/16 at 2:11 pm to Brettesaurus Rex
quote:In that case,
I actually read up on that and it was more than 30 days after I sold that I bought back in, so I don't expect to have any issues.
for breaking even and avoiding that rule.Posted on 6/22/16 at 4:11 pm to Omada
We'll see if I break even or not, but yeah the timing worked out pretty well so far to ride it back up a little
Posted on 6/22/16 at 8:43 pm to KiwiHead
quote:
Can probably pick up their building for a nice discount in about 2 years...that is how bad they really are.
Posted on 6/28/16 at 12:37 pm to thegreatboudini
You're welcome to anyone who braved sticking around. Up and over $9 again this morning
Posted on 6/28/16 at 10:04 pm to Brettesaurus Rex
I'm still down 20%, so yes, I'll be sticking around
Suck it to all the haters to told me to bail out when I was 65% down . I'm riding this puppy back up
Suck it to all the haters to told me to bail out when I was 65% down . I'm riding this puppy back up
Posted on 6/29/16 at 4:50 pm to crazycubes
They just announced a contract termination with Ensco for a deep water well, and a renegotiation for another Appalacian well (probably their largest asset) that had been shut in for some time. So I'm assuming that well is coming online immediately.
These two were very significant for stone from what it seems.
Let it climb.
These two were very significant for stone from what it seems.
Let it climb.
This post was edited on 6/29/16 at 4:51 pm
Posted on 6/29/16 at 5:53 pm to thegreatboudini
I've been googling the last few days to see what seemed to be driving this big jump but couldn't find anything. Glad to know it's something tangible and this may keep going.
Posted on 6/30/16 at 12:59 pm to Brettesaurus Rex
I just can't believe this 
Posted on 6/30/16 at 1:02 pm to dkreller
I can.
Posted on 6/30/16 at 1:06 pm to thegreatboudini
So....Uh.....We're about to break $12 here. This is absolute insanity.
Posted on 6/30/16 at 1:43 pm to Brettesaurus Rex
I'm now only down 5% now...I think I can, I think I can, I think I can, I think I can, I think I can, I think I can, I think I can, I think I can, I think I can, ....
Posted on 6/30/16 at 2:03 pm to crazycubes
Riding back down a bit
Posted on 6/30/16 at 5:47 pm to Brettesaurus Rex
Looks like these announced agreements likely have alot to do with this spike
LINK
LINK
quote:
Stone and Ensco have agreed to terminate Stone's current contract with Ensco for total consideration of $20 million, approximately $5 million of which was a deposit previously provided to Ensco pursuant to the drilling services contract. Further, Stone agreed to provide Ensco the opportunity to perform certain drilling services commenced before December 31, 2019, and Stone paid Ensco a $5 million deposit to be used as a credit against future drilling activities initiated before March 31, 2017, subject to extension in certain circumstances. The ENSCO 8503 deep water rig contract was at a day rate of $341,000 and was scheduled to expire in August 2017. Separately, Stone entered into an interim gas gathering and processing agreement with Williams at the Mary field in Appalachia. The mutually beneficial interim agreement provides near-term relief for Stone by permitting Stone to resume production at the Mary field, thereby providing greater volume to Williams. Volumes from the Mary field are now at approximately 45 MMcfe per day and are expected to climb to over 60 MMcfe per day in July and then over 100 MMcfe per day in August. These volumes are in addition to the approximately 20 MMcfe per day producing from the Heather and Buddy fields. The effects of this agreement on annual guidance, including production volumes and associated costs, are still being assessed. Updates to annual guidance will be provided in Stone's second quarter 2016 press release.
This post was edited on 6/30/16 at 5:48 pm
Posted on 6/30/16 at 6:53 pm to Brettesaurus Rex
I was just on the Ensco 8503. It was being operated by Chevron. I believe Stone had been subleasing it out to other E&Ps to reduce cost.
This post was edited on 7/1/16 at 7:30 am
Posted on 6/30/16 at 7:33 pm to dkreller
This is correct, but stone Energy is doing so bad they cancel contract to reduce costs further. This is a sad time for all the Ensco employees because they will probably get laid off in the next month.
Posted on 6/30/16 at 7:59 pm to Brettesaurus Rex
quote:
Volumes from the Mary field are now at approximately 45 MMcfe per day and are expected to climb to over 60 MMcfe per day in July and then over 100 MMcfe per day in August.
All hands on deck
Posted on 7/1/16 at 8:59 am to thegreatboudini
Up another 1.00 before 9am. Some people must be pumping some serious $$ into this company right now.
Page 6 of 8
Back to top
Follow TigerDroppings for LSU Football News