Just trimming the fat as stated earlier. Some companies will suffer. Seen it before.
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Hey Oilfield Guys!!
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Originally posted by RAZORBACK View PostI think Chesapeake will be in a pretty good spot ... but some of the bigger players will come out of this stronger than ever.
The most frequently quoted breakeven number I'm hearing is $70/bbl.
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Look at what civeo's (CVEO) stock has done in the past few weeks
But in my opinion a "man camp" in these remote south Texas towns seems more appropriate for a small group of investors or a single person/company to handle and not a publicly traded corporation. A man camp in Iraq or Afghanistan I could understand
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Originally posted by KR-oldmexico View PostHow old were you and what were you doing on 2007????????? Do you have a family?????? Do you have a mortgage?????
Please share all your vast knowledge!!
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Originally posted by BHicks View PostWhat does age, having a mortgage, and providing for a family have to do with anything he just said? To make an educated comment about the past all you have to do is be a student of the past. I am not putting my $0.02 in about either side of this but believe if your only counter argument is, "How would you know, you are younger than me and do not have as much life experience?!" then you have already lost.
Sorry and very good point! Just do a search of all his post. He comes across as very much so know it all on every subject and like to intentionally start debates here IMO! I need to step away and not even get into this. Thanks for pointing this out to me before it even started!
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Originally posted by Catarina View Postany investors want to buy some hotels in the Cotulla area with me and turn them into "illegal alien detention centers"....... its amazing they are still building new ones all over
it blows my mind every time i drive through kennedy/karnes city and see how many hotels, banks, dry cleaners etc. are there. Its crazy how much stuff is there now. Great for the town ! Sad to see this happening.Last edited by Breezy; 01-06-2015, 09:34 AM.
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Originally posted by KR-oldmexico View PostSorry and very good point! Just do a search of all his post. He comes across as very much so know it all on every subject and like to intentionally start debates here IMO! I need to step away and not even get into this. Thanks for pointing this out to me before it even started!
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Originally posted by KR-oldmexico View PostSorry and very good point! Just do a search of all his post. He comes across as very much so know it all on every subject and like to intentionally start debates here IMO! I need to step away and not even get into this. Thanks for pointing this out to me before it even started!
Now, back to the main topic! Oil prices are down to $48.22 right now.
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