Comments will be incorporated into the Monday post. Other than, wow, what an ongoing world of pain the dry bulk sector is in.
Comments will be incorporated into the Monday post. Other than, wow, what an ongoing world of pain the dry bulk sector is in.
http://online.barrons.com/article/SB50001424052970204853904576089974099597758.html?ru=yahoo&mod=yahoobarrons
ATPG comments-as I'm now long some of its bonds, and considering its debt load, I will be watching for indicators on its cash flow like the proverbial one-eyed cat in a seafood store.
Z, any hints you see out there on ATPG's progress in growing its cash flo would be appreciated.
Look for Noble to open lower tomorrow as Israel cabinet approves 52% to 63%of gas revenue on current and new gas finds.
HAL = big numbers
OAS on the tape with a whopping big reserve report increase. Post out in 2 hours.
Exco Resources announces Q4 oil and nat'l gas production of 32.2 Bcfe; provides 2011 outlook ($19.60)
oil and nat'l gas production for Q4 was 32.2 Bcfe, or 350 Mmcfe per day, up 70% y/y
guides f11 net production to average between 520-580 Mmcfe per day and expects to exit 2011 with net production in excess of 600 Mmcfe per day
now has 7,730 gross (3,834 net) wells in its portfolio of which 94% are operated and is continuing efforts to opportunistically acquire additional leasehold and production in its core shale areas
total capital expenditures, including leasing, net of acreage reimbursements from BG Group, were $132M in Q4 2010
estimated proved reserves of 1.5 Tcfe were previously reported on 13-Jan