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Started By
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re: Any insights on oil?
Posted on 12/21/18 at 9:25 am to bayoubengals88
Posted on 12/21/18 at 9:25 am to bayoubengals88
quote:
HES is really tempting right now at $42
Not familiar with HES
Current trend looks like it might hit it's 3 year low again at 35. Buying opportunity??
I've been hesitant to jump on any O&G the last few years,but I'll be making some plays the next coming weeks.
1
Posted on 12/23/18 at 12:22 am to bstew3006
Just drove through a bunch of oil country in north Louisana, Texas, and Oklahoma. Saw a million little pumper wells, all sitting idle.
Posted on 12/23/18 at 11:30 am to Twenty 49
NBR $1.99
Posted on 12/23/18 at 11:46 am to Twenty 49
quote:
Just drove through a bunch of oil country in north Louisana, Texas, and Oklahoma. Saw a million little pumper wells, all sitting idle.
great insight. Posted on 12/23/18 at 11:48 am to bayoubengals88
Hess is doing well from an operations standpoint. Cash cow is the Bakken, while making world class discoveries in Guyana.
Posted on 12/23/18 at 3:10 pm to tigerpawl
quote:
NBR $1.99
It's like $1.85 on Coursey
Posted on 12/23/18 at 4:00 pm to Twenty 49
quote:
Saw a million little pumper wells, all sitting idle.
Posted on 12/24/18 at 10:26 am to bayoubengals88
XOM $65.70
CHK $1.79
MRO $13
HES $38
RIG $6.45
NE $2.46
CHK $1.79
MRO $13
HES $38
RIG $6.45
NE $2.46
This post was edited on 12/24/18 at 10:28 am
Posted on 12/24/18 at 10:39 am to bayoubengals88
Apparently XOM and HES have run into a bit of trouble near the Venezuelan coast. HES down 8-9% this morning.
Posted on 12/24/18 at 11:05 am to The Egg
quote:
wait til WFT is a subpenny stock
Easy on WFT.we are at $0.27 right now. Hopefully that check keeps coming every two weeks!
Posted on 12/24/18 at 7:04 pm to bayoubengals88
quote:
Apparently XOM and HES have run into a bit of trouble near the Venezuelan coast. HES down 8-9% this morning.
More likely related to the drop in oil prices today.
Posted on 12/24/18 at 9:53 pm to cwill
quote:No reason for losing 12.2% in half a day.
More likely related to the drop in oil prices today.
Here's more info on what I alluded to earlier today:
(Bloomberg) -- Hess Corp. tumbled the most in almost three years, wiping out $1.5 billion in market valuation, after work at the oil explorer’s most promising international investment was halted by a Venezuelan blockade.
The intervention threatened to derail development of a 5 billion-barrel discovery off Guyana’s coastline that is so important to Hess’s future growth plans that it receives top billing in the New York-based driller’s investor presentations. Although significant for partners Exxon Mobil Corp. and CNOOC Ltd., Hess is particularly dependent on the Guyanese project to generate production growth and cash flow into the next decade.
This post was edited on 12/24/18 at 9:54 pm
Posted on 12/25/18 at 8:31 am to bayoubengals88
Fair enough.
Posted on 12/26/18 at 10:10 am to bayoubengals88
I’m waiting until January to buy more.
Adding more:
CHK
ET
CPE
PBR
Adding more:
CHK
ET
CPE
PBR
Posted on 8/14/19 at 9:41 am to bayoubengals88
no different
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