Reply
Go Back   TexasBowhunter.com Community Discussion Forums > Topics > Around the Campfire
 
Thread Tools Display Modes
Old 08-27-2015, 01:17 PM   #2651
bphillips
Pope & Young
 
bphillips's Avatar
 
Join Date: Aug 2010
Location: San Angelo, Tx
Hunt In: Schleicher, Tom Green Co.
Default

Anyone look at Linn today?

Up over 30% on the day
bphillips is offline   Reply With Quote Back To The Top
Old 08-27-2015, 01:18 PM   #2652
KR-oldmexico
Pope & Young
 
KR-oldmexico's Avatar
 
Join Date: Jan 2010
Location: Groesbeck, Tx
Hunt In: South Texas & Old Mexico
Default

Quote:
Originally Posted by bphillips View Post
Anyone look at Linn today?



Up over 30% on the day

Good!! I have a lot of friends and family that work for them
KR-oldmexico is online now   Reply With Quote Back To The Top
Old 08-27-2015, 01:29 PM   #2653
bphillips
Pope & Young
 
bphillips's Avatar
 
Join Date: Aug 2010
Location: San Angelo, Tx
Hunt In: Schleicher, Tom Green Co.
Default

Quote:
Originally Posted by KR-oldmexico View Post
Good!! I have a lot of friends and family that work for them
All my Linn stock was bought around $14 and its $2.80 so I could use a couple more of those rallies
bphillips is offline   Reply With Quote Back To The Top
Old 08-27-2015, 01:35 PM   #2654
KR-oldmexico
Pope & Young
 
KR-oldmexico's Avatar
 
Join Date: Jan 2010
Location: Groesbeck, Tx
Hunt In: South Texas & Old Mexico
Default

Ten 4 I hear ya!
KR-oldmexico is online now   Reply With Quote Back To The Top
Old 08-27-2015, 01:39 PM   #2655
Bear82
Ten Point
 
Bear82's Avatar
 
Join Date: Jun 2010
Location: Ennis
Hunt In: Vernon where there is no deer
Default

I bought 1,000 shares at $3, wish I would have bought some more at $2. Almost broke even. I plan on holding lynn for a while. Is this a good stock? I was just gambling with it.
Bear82 is offline   Reply With Quote Back To The Top
Old 08-27-2015, 01:53 PM   #2656
d_e_smith
Ten Point
 
d_e_smith's Avatar
 
Join Date: Jan 2009
Location: Kingwood
Hunt In: ETX
Default

From what I've seen they just got overextended financing mid-continent assets that they bought a little early. Good or bad depends what they do with them and how much they can show they're worth.
d_e_smith is offline   Reply With Quote Back To The Top
Old 08-27-2015, 01:58 PM   #2657
RaginCagin
Ten Point
 
RaginCagin's Avatar
 
Join Date: Nov 2008
Location: Louisiana
Hunt In: Louisiana
Default

Quote:
Originally Posted by Steelforce 15 View Post
It's really sad our everyday life is subject to what another country is doing on the other side of the world..greed has also been a major factor in this..energy independence would be nice
Jack Moore president and CEO of Cameron along with SLB president over drilling just left out facility about 15 minutes ago. They flew in this morning to speak about the acquisition by SLB. Tried to give the warm and fuzzy but i guess he can do that considering he's retiring next month and probably just cashed out his stocks with a 45% increase.
RaginCagin is offline   Reply With Quote Back To The Top
Old 08-27-2015, 02:04 PM   #2658
Charles
Pope & Young
 
Join Date: Oct 2006
Default

Quote:
Originally Posted by RaginCagin View Post
Jack Moore president and CEO of Cameron along with SLB president over drilling just left out facility about 15 minutes ago. They flew in this morning to speak about the acquisition by SLB. Tried to give the warm and fuzzy but i guess he can do that considering he's retiring next month and probably just cashed out his stocks with a 45% increase.
I'll take a guess as to what he said;

"This is a great acquisition that will benefit both sides. No jobs are in jeopardy. We will better better, stronger and more profitable by merging". I'm I even close?
Charles is offline   Reply With Quote Back To The Top
Old 08-27-2015, 02:06 PM   #2659
txjustin
Ten Point
 
txjustin's Avatar
 
Join Date: Jul 2014
Location: Rosenberg
Hunt In: Fort Bend and Brazoria Counties
Default

Quote:
Originally Posted by Charles View Post
I'll take a guess as to what he said;

"This is a great acquisition that will benefit both sides. No jobs are in jeopardy. We will better better, stronger and more profitable by merging". I'm I even close?
They always say that....and the part about no jobs being in jeopardy is always a lie, especially in this day and time.
txjustin is offline   Reply With Quote Back To The Top
Old 08-27-2015, 02:06 PM   #2660
RaginCagin
Ten Point
 
RaginCagin's Avatar
 
Join Date: Nov 2008
Location: Louisiana
Hunt In: Louisiana
Default

Quote:
Originally Posted by Charles View Post
I'll take a guess as to what he said;

"This is a great acquisition that will benefit both sides. No jobs are in jeopardy. We will better better, stronger and more profitable by merging". I'm I even close?
Pretty dang close along with SLB and Cameron will now corner the market and expand its foot print and stick with a strong emphasis on safety and employee wellness.
RaginCagin is offline   Reply With Quote Back To The Top
Old 08-27-2015, 02:07 PM   #2661
Charles
Pope & Young
 
Join Date: Oct 2006
Default

Quote:
Originally Posted by txjustin View Post
They always say that....and the part about no jobs being in jeopardy is always a lie, especially in this day and time.
Yep!

That's kinda of why I typed all that. Been their done that and have the T-shirt.
Charles is offline   Reply With Quote Back To The Top
Old 08-27-2015, 05:55 PM   #2662
Steelforce 15
Four Point
 
Steelforce 15's Avatar
 
Join Date: Sep 2014
Location: Henderson, Tx
Hunt In: DCNF, LOTP, East Tx
Default

Quote:
Originally Posted by RaginCagin View Post
Jack Moore president and CEO of Cameron along with SLB president over drilling just left out facility about 15 minutes ago. They flew in this morning to speak about the acquisition by SLB. Tried to give the warm and fuzzy but i guess he can do that considering he's retiring next month and probably just cashed out his stocks with a 45% increase.
Awesome..I feel much better now, hang in there RaginCagin, it's going to be a rough ride!
Steelforce 15 is offline   Reply With Quote Back To The Top
Old 08-27-2015, 08:21 PM   #2663
kyle1974
Pope & Young
 
kyle1974's Avatar
 
Join Date: Dec 2007
Location: The Bluff, America
Hunt In: McMullen / Refugio
Default

Quote:
Originally Posted by RaginCagin View Post
Jack Moore president and CEO of Cameron along with SLB president over drilling just left out facility about 15 minutes ago. They flew in this morning to speak about the acquisition by SLB. Tried to give the warm and fuzzy but i guess he can do that considering he's retiring next month and probably just cashed out his stocks with a 45% increase.

I went through a merger with SLB. it will take a couple years before they do anything substantial, then when they start, you better hold on to your hat.

if it were me, I wouldn't sweat it right now. A 3-4 years down the road, you won't recognize your company anymore.
kyle1974 is offline   Reply With Quote Back To The Top
Old 08-27-2015, 08:43 PM   #2664
Simple Man
Eight Point
 
Simple Man's Avatar
 
Join Date: Nov 2006
Location: Cypress, TX
Hunt In: Jasper County
Default

Quote:
Originally Posted by kyle1974 View Post
I went through a merger with SLB. it will take a couple years before they do anything substantial, then when they start, you better hold on to your hat.

if it were me, I wouldn't sweat it right now. A 3-4 years down the road, you won't recognize your company anymore.
Exactly this. I've been through the same thing with them. Let me guess, they used the word "synergies" and cost savings a lot. Like kyle said, it will take them a while to "merge" everyone.
Simple Man is offline   Reply With Quote Back To The Top
Old 08-27-2015, 09:09 PM   #2665
MarkV
Pope & Young
 
MarkV's Avatar
 
Join Date: Sep 2007
Location: Franklin
Default

At least oil bounced back a little closing at $42.56
MarkV is offline   Reply With Quote Back To The Top
Old 08-27-2015, 09:16 PM   #2666
Closetohome
Eight Point
 
Closetohome's Avatar
 
Join Date: Jun 2009
Location: Houston
Hunt In: El Campo,TX & Arizona and Utah
Default

Quote:
Originally Posted by Simple Man View Post
Exactly this. I've been through the same thing with them. Let me guess, they used the word "synergies" and cost savings a lot. Like kyle said, it will take them a while to "merge" everyone.
Definition of synergy is talking money out of your wallet and burning it.

They say EPS accretion in year 1 and 2 will come from cost saving...generally from employee overhead. Unfortunate but more consolidation will happen.
Closetohome is offline   Reply With Quote Back To The Top
Old 08-27-2015, 09:30 PM   #2667
Heath
Pope & Young
 
Heath's Avatar
 
Join Date: Oct 2006
Location: Midlothian
Hunt In: Cisco / Ira
Default

My favorite phrase in our (non oil field) acquisition has been "go forward strategy"
Heath is offline   Reply With Quote Back To The Top
Old 08-28-2015, 02:47 AM   #2668
BowOnly81
Pope & Young
 
BowOnly81's Avatar
 
Join Date: Jul 2014
Location: Trinity, TX
Hunt In: SHNF
Default

Quote:
Originally Posted by MarkV View Post
At least oil bounced back a little closing at $42.56
Amen to that!! Hope it keeps climbing. $38 is awfully scary!
BowOnly81 is online now   Reply With Quote Back To The Top
Old 08-28-2015, 04:36 AM   #2669
BlakeJ
Four Point
 
Join Date: Aug 2015
Default

This is gonna take a while, don't expect it to bounce right back any time soon. Simple supply and demand, gotta get the supply down first.
BlakeJ is offline   Reply With Quote Back To The Top
Old 08-28-2015, 12:00 PM   #2670
Skinny
Pope & Young
 
Skinny's Avatar
 
Join Date: Mar 2010
Location: Forestburg,Tx
Hunt In: Montague County
Default

Skinny is offline   Reply With Quote Back To The Top
Old 08-28-2015, 12:01 PM   #2671
ladrones
Pope & Young
 
ladrones's Avatar
 
Join Date: Oct 2006
Location: NM
Default

Some nice gains over the past couple of days.
ladrones is online now   Reply With Quote Back To The Top
Old 08-28-2015, 12:05 PM   #2672
SB09
Pope & Young
 
SB09's Avatar
 
Join Date: Oct 2011
Location: Whitewright, Tx.
Hunt In: Baylor and Grayson Counties
Default

Quote:
Originally Posted by ladrones View Post
Some nice gains over the past couple of days.
Glad to hear that!
SB09 is offline   Reply With Quote Back To The Top
Old 08-28-2015, 12:27 PM   #2673
rjet
Pope & Young
 
rjet's Avatar
 
Join Date: Oct 2007
Location: Bells, Tx
Default

Am getting closer to break even.
rjet is online now   Reply With Quote Back To The Top
Old 08-28-2015, 12:37 PM   #2674
txoutdoorsman24
Pope & Young
 
txoutdoorsman24's Avatar
 
Join Date: Oct 2010
Location: OKC for now, used to be New Braunfels, Tx
Hunt In: Kimble & Fayette county. Hopefully Oklahoma soon
Default

Quote:
Originally Posted by ladrones View Post
Some nice gains over the past couple of days.
Amen brother. Sittin here refreshing and watching the gains. Glad to see it
txoutdoorsman24 is online now   Reply With Quote Back To The Top
Old 08-28-2015, 03:32 PM   #2675
rhodes520
Ten Point
 
rhodes520's Avatar
 
Join Date: Dec 2009
Location: Brock
Hunt In: Mertzon / Toddville
Default

I was just told that the investors for Quicksilver Resources have decided to pull the plug. They are completely shut down starting today. Anyone else hear this as well ?
rhodes520 is offline   Reply With Quote Back To The Top
Old 08-28-2015, 03:43 PM   #2676
TWP
Ten Point
 
TWP's Avatar
 
Join Date: Apr 2010
Location: San Angelo, TX
Hunt In: San Angelo
Default

Quote:
Originally Posted by rhodes520 View Post
I was just told that the investors for Quicksilver Resources have decided to pull the plug. They are completely shut down starting today. Anyone else hear this as well ?

I had heard something was coming, but I try not to believe anything until I know for sure.

As of Monday our biggest competitor just went out of business. Kind of bitter sweet, reminds me to keep pushing it may be us.
TWP is online now   Reply With Quote Back To The Top
Old 08-28-2015, 04:12 PM   #2677
bphillips
Pope & Young
 
bphillips's Avatar
 
Join Date: Aug 2010
Location: San Angelo, Tx
Hunt In: Schleicher, Tom Green Co.
Default

Quote:
Originally Posted by rhodes520 View Post
I was just told that the investors for Quicksilver Resources have decided to pull the plug. They are completely shut down starting today. Anyone else hear this as well ?
Yep! We had one of their rigs and they're done for good
bphillips is offline   Reply With Quote Back To The Top
Old 08-31-2015, 01:17 PM   #2678
charlie mcmahan
Eight Point
 
charlie mcmahan's Avatar
 
Join Date: Apr 2008
Location: CANTON,TX
Hunt In: ILLINOIS,KANSAS,TEXAS
Default

Looking a little better $47.81 right now!!
charlie mcmahan is offline   Reply With Quote Back To The Top
Old 08-31-2015, 03:00 PM   #2679
GarGuy
Pope & Young
 
GarGuy's Avatar
 
Join Date: Oct 2011
Default

Oil is running with a herd of bulls right now!
GarGuy is online now   Reply With Quote Back To The Top
Old 08-31-2015, 03:13 PM   #2680
ladrones
Pope & Young
 
ladrones's Avatar
 
Join Date: Oct 2006
Location: NM
Default

What is causing the big gains over the past few days?
ladrones is online now   Reply With Quote Back To The Top
Old 08-31-2015, 03:17 PM   #2681
Ragin'
Pope & Young
 
Ragin''s Avatar
 
Join Date: Oct 2006
Location: Montgomery, Texas
Hunt In: Village Mills Texas, Houston County Texas, Mission Valley Texas, Montgomery County Texas
Default

Ragin' is online now   Reply With Quote Back To The Top
Old 08-31-2015, 03:18 PM   #2682
oktx
Pope & Young
 
oktx's Avatar
 
Join Date: Dec 2006
Location: Wise County
Hunt In: Wise County
Default

Quote:
Originally Posted by ladrones View Post
What is causing the big gains over the past few days?
I just looked it up. Google said cut in US production.
oktx is online now   Reply With Quote Back To The Top
Old 08-31-2015, 03:23 PM   #2683
landon pharr
Eight Point
 
landon pharr's Avatar
 
Join Date: Nov 2007
Location: Carlsbad NM
Hunt In: Robert Lee, TX
Default

It is getting verry scary here in South Texas!! Luckily I'm with the largest oilfield pvf suppliers in the world so it hasn't hit us as hard as everyone else yet thanks god for contracts. I had to make a reduction in force this past week and eliminate 4 jobs in the warehouse. Hell we only did 1.2 billion as a company in the 2nd quarter of 2015. Prayers for everyone and lets pray this upswing continues northward!!

Last edited by landon pharr; 08-31-2015 at 03:33 PM..
landon pharr is offline   Reply With Quote Back To The Top
Old 08-31-2015, 03:24 PM   #2684
BrianL
Pope & Young
 
BrianL's Avatar
 
Join Date: Oct 2006
Location: Paris,TX
Hunt In: Lamar, Dickens
Default

Quote:
Originally Posted by ladrones View Post
What is causing the big gains over the past few days?
OPEC agreed to a meeting to discuss cutting production.
BrianL is offline   Reply With Quote Back To The Top
Old 08-31-2015, 04:02 PM   #2685
Robert
Six Point
 
Robert's Avatar
 
Join Date: Jul 2007
Location: Decatur TX
Default

I hope it goes back down to 38.00 ........ Says double fake JMalin
Robert is offline   Reply With Quote Back To The Top
Old 08-31-2015, 04:05 PM   #2686
Ragin'
Pope & Young
 
Ragin''s Avatar
 
Join Date: Oct 2006
Location: Montgomery, Texas
Hunt In: Village Mills Texas, Houston County Texas, Mission Valley Texas, Montgomery County Texas
Default

Quote:
Originally Posted by Robert View Post
I hope it goes back down to 38.00 ........ Says double fake JMalin

He needs to be beat with a chain.
Ragin' is online now   Reply With Quote Back To The Top
Old 08-31-2015, 04:43 PM   #2687
trophy8
Pope & Young
 
trophy8's Avatar
 
Join Date: Dec 2006
Location: Georgetown Texas
Default

Quote:
Originally Posted by Robert View Post
I hope it goes back down to 38.00 ........ Says double fake JMalin
You'll go in the hole with him just for saying it!! Haha
trophy8 is online now   Reply With Quote Back To The Top
Old 08-31-2015, 04:50 PM   #2688
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Someone about to be sent back to the slammer......he may get work done now lol
gingib is offline   Reply With Quote Back To The Top
Old 08-31-2015, 05:47 PM   #2689
Tbar
Ten Point
 
Tbar's Avatar
 
Join Date: Mar 2009
Location: Texas
Default

Oil up 8 percent on lower U.S. output, OPEC talk; biggest surge since 1990

U.S. crude gained $3.98, or 8.8 percent, to settle at $49.20 a barrel, taking three-day gains to 27.5 percent, the most over three days since August 1990. In dollar terms, it is the biggest three-day gain since February 2011......

http://finance.yahoo.com/news/oil-pr...-business.html
Tbar is offline   Reply With Quote Back To The Top
Old 08-31-2015, 06:14 PM   #2690
BowOnly81
Pope & Young
 
BowOnly81's Avatar
 
Join Date: Jul 2014
Location: Trinity, TX
Hunt In: SHNF
Default

Quote:
Originally Posted by Tbar View Post
Oil up 8 percent on lower U.S. output, OPEC talk; biggest surge since 1990

U.S. crude gained $3.98, or 8.8 percent, to settle at $49.20 a barrel, taking three-day gains to 27.5 percent, the most over three days since August 1990. In dollar terms, it is the biggest three-day gain since February 2011......

http://finance.yahoo.com/news/oil-pr...-business.html
Just got done reading that myself. Climb baby climb!
BowOnly81 is online now   Reply With Quote Back To The Top
Old 08-31-2015, 06:20 PM   #2691
Ragin'
Pope & Young
 
Ragin''s Avatar
 
Join Date: Oct 2006
Location: Montgomery, Texas
Hunt In: Village Mills Texas, Houston County Texas, Mission Valley Texas, Montgomery County Texas
Default

$47.90 now.
Ragin' is online now   Reply With Quote Back To The Top
Old 08-31-2015, 06:58 PM   #2692
boy wonder
Ten Point
 
Join Date: Oct 2006
Location: Brock
Hunt In: Iowa Park
Default

I would assume demand is up in America, due to the lower prices. I plead ignorance if I'm wrong.
boy wonder is offline   Reply With Quote Back To The Top
Old 08-31-2015, 07:02 PM   #2693
texansfan
Ten Point
 
Join Date: Nov 2014
Location: Houston
Hunt In: East Texas/Marshall
Default

Quote:
Originally Posted by bphillips View Post
All my Linn stock was bought around $14 and its $2.80 so I could use a couple more of those rallies
I bought 3,000 shares the other day for $2.25
I'm making back some of what I lost on this
Not where you are but I have a little ways to go
texansfan is offline   Reply With Quote Back To The Top
Old 09-01-2015, 06:01 PM   #2694
JTeLarkin08
Pope & Young
 
JTeLarkin08's Avatar
 
Join Date: Apr 2008
Location: Aledo
Hunt In: Weatherford/Childress
Default

Man took a dump today
JTeLarkin08 is online now   Reply With Quote Back To The Top
Old 09-01-2015, 06:11 PM   #2695
Ragin'
Pope & Young
 
Ragin''s Avatar
 
Join Date: Oct 2006
Location: Montgomery, Texas
Hunt In: Village Mills Texas, Houston County Texas, Mission Valley Texas, Montgomery County Texas
Default

Ragin' is online now   Reply With Quote Back To The Top
Old 09-01-2015, 06:12 PM   #2696
JTeLarkin08
Pope & Young
 
JTeLarkin08's Avatar
 
Join Date: Apr 2008
Location: Aledo
Hunt In: Weatherford/Childress
Default


Mine shows down 10%
JTeLarkin08 is online now   Reply With Quote Back To The Top
Old 09-01-2015, 06:12 PM   #2697
KR-oldmexico
Pope & Young
 
KR-oldmexico's Avatar
 
Join Date: Jan 2010
Location: Groesbeck, Tx
Hunt In: South Texas & Old Mexico
Default

Quote:
Originally Posted by JTeLarkin08 View Post

Mine shows down 10%

Mine too
KR-oldmexico is online now   Reply With Quote Back To The Top
Old 09-01-2015, 06:16 PM   #2698
Skinny
Pope & Young
 
Skinny's Avatar
 
Join Date: Mar 2010
Location: Forestburg,Tx
Hunt In: Montague County
Default

Mine shows -2.77% right now.
Skinny is offline   Reply With Quote Back To The Top
Old 09-01-2015, 06:23 PM   #2699
KR-oldmexico
Pope & Young
 
KR-oldmexico's Avatar
 
Join Date: Jan 2010
Location: Groesbeck, Tx
Hunt In: South Texas & Old Mexico
Default

Technology has always been slow in your country Skinny!!!!
KR-oldmexico is online now   Reply With Quote Back To The Top
Old 09-01-2015, 06:25 PM   #2700
KR-oldmexico
Pope & Young
 
KR-oldmexico's Avatar
 
Join Date: Jan 2010
Location: Groesbeck, Tx
Hunt In: South Texas & Old Mexico
Default



Guess mine fixed itself!!!!
KR-oldmexico is online now   Reply With Quote Back To The Top
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 12:00 PM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
Copyright 1999-2012, TexasBowhunter.com