My advice would be to instead of putting all your money in one or the
other, split it up among several players, say equal dollar amounts in
EOG, BEXP, WLL and NOG, perhaps even others like HESS
Try to buy these on days when the crude price is down not up as you
can pay more than you need to on days the crude price is soaring.
I used to think EOG was a buy when its share price dropped below the
futures contract price of a bbl of light sweet crude on CNBC, but its
been a while since shares have been that low.
Be aware that all of these stocks are bets that the price of ND crude
and nat gas will continue to rise, and all of the stocks will get
cheaper if the dollar rises and crude and nat gas prices decline. So
all these stocks are commodity price plays as well as drilling success
plays, so there is both hydrocarbon market risk and drilling risk
built into the share prices. Buy these with your eyes wide open and
recognize that the share price rise we have seen in 2008 is due to a
combination of high crude and nat gas prices as well as recent
drilling success, and that if either falter the shares will not
continue to rise and could drop off pretty quickly as people who
bought them to make a quick buck exit just as rapidly.
On Apr 28, 9:19 am, john r <jrmel...@aol.com> wrote:
> I heard that EOG and Whiting stock has gone up a lot. Would it be
> better to invest in other bakken players? I heard that BEXP might
> double or triple. Any thoughts on that? What about Northern,
> Continental or some of the others? Teegue, I saw a comment of yours on
> the other site but wasn't able to get a post to take there. You can
> email me if you don't mind. Thanks.
> My advice would be to instead of putting all your money in one or the
> other, split it up among several players, say equal dollar amounts in
> EOG, BEXP, WLL and NOG, perhaps even others like HESS
> Try to buy these on days when the crude price is down not up as you
> can pay more than you need to on days the crude price is soaring.
> I used to think EOG was a buy when its share price dropped below the
> futures contract price of a bbl of light sweet crude on CNBC, but its
> been a while since shares have been that low.
> Be aware that all of these stocks are bets that the price of ND crude
> and nat gas will continue to rise, and all of the stocks will get
> cheaper if the dollar rises and crude and nat gas prices decline. So
> all these stocks are commodity price plays as well as drilling success
> plays, so there is both hydrocarbon market risk and drilling risk
> built into the share prices. Buy these with your eyes wide open and
> recognize that the share price rise we have seen in 2008 is due to a
> combination of high crude and nat gas prices as well as recent
> drilling success, and that if either falter the shares will not
> continue to rise and could drop off pretty quickly as people who
> bought them to make a quick buck exit just as rapidly.
> On Apr 28, 9:19 am, john r <jrmel...@aol.com> wrote:
> > I heard that EOG and Whiting stock has gone up a lot. Would it be
> > better to invest in other bakken players? I heard that BEXP might
> > double or triple. Any thoughts on that? What about Northern,
> > Continental or some of the others? Teegue, I saw a comment of yours on
> > the other site but wasn't able to get a post to take there. You can
> > email me if you don't mind. Thanks.
CLR is having their earning release for the 1ST qtr of 08 on May 5,08
at 10 AM eastern. there will be a confernce call available @
http://biz.yahoo.com/cc/7/91357.html Also go to the home page , Investor Relations of the companies you
are interested in and look at the presentations the companies are
giving.. there is a wealth of info available today for investors..
On Apr 28, 8:07 am, Larry <presby13...@yahoo.com> wrote:
> With all the caveats mentioned by David I would also recommend CLR
> whose stock has risen more than the others in the past 6 months.
> On Apr 28, 9:50 am, David <LXiSebr...@aol.com> wrote:
> > My advice would be to instead of putting all your money in one or the
> > other, split it up among several players, say equal dollar amounts in
> > EOG, BEXP, WLL and NOG, perhaps even others like HESS
> > Try to buy these on days when the crude price is down not up as you
> > can pay more than you need to on days the crude price is soaring.
> > I used to think EOG was a buy when its share price dropped below the
> > futures contract price of a bbl of light sweet crude on CNBC, but its
> > been a while since shares have been that low.
> > Be aware that all of these stocks are bets that the price of ND crude
> > and nat gas will continue to rise, and all of the stocks will get
> > cheaper if the dollar rises and crude and nat gas prices decline. So
> > all these stocks are commodity price plays as well as drilling success
> > plays, so there is both hydrocarbon market risk and drilling risk
> > built into the share prices. Buy these with your eyes wide open and
> > recognize that the share price rise we have seen in 2008 is due to a
> > combination of high crude and nat gas prices as well as recent
> > drilling success, and that if either falter the shares will not
> > continue to rise and could drop off pretty quickly as people who
> > bought them to make a quick buck exit just as rapidly.
> > On Apr 28, 9:19 am, john r <jrmel...@aol.com> wrote:
> > > I heard that EOG and Whiting stock has gone up a lot. Would it be
> > > better to invest in other bakken players? I heard that BEXP might
> > > double or triple. Any thoughts on that? What about Northern,
> > > Continental or some of the others? Teegue, I saw a comment of yours on
> > > the other site but wasn't able to get a post to take there. You can
> > > email me if you don't mind. Thanks.
I would ask this person who is your knowledgable source if they get
any fees, kickback, or commissions for recommending certain stocks or
companies, or if their fees are strickly rasied from the one time $
300 fee..
On Apr 28, 8:14 am, john r <jrmel...@aol.com> wrote:
> David, thanks, that helps. I'm new to this but I don't really see
> crude/nat. gas prices going down a whole lot or the dollar rising a
> lot in the mid to long term. And the drilling will probably stay ok I
> would think. So, these investments should be worth the risk as I see
> it. I was also thinking of some precious metal exploration stocks but
> that is outside the scope of this group. I had an offer to get
> unlimited investment help from a knowledgable source in these areas
> but it would cost a one time $300 fee. However, it might be worth it
> to me since I don't really understand any of it that well.
> On Apr 28, 8:50 am, David <LXiSebr...@aol.com> wrote:
> > My advice would be to instead of putting all your money in one or the
> > other, split it up among several players, say equal dollar amounts in
> > EOG, BEXP, WLL and NOG, perhaps even others like HESS
> > Try to buy these on days when the crude price is down not up as you
> > can pay more than you need to on days the crude price is soaring.
> > I used to think EOG was a buy when its share price dropped below the
> > futures contract price of a bbl of light sweet crude on CNBC, but its
> > been a while since shares have been that low.
> > Be aware that all of these stocks are bets that the price of ND crude
> > and nat gas will continue to rise, and all of the stocks will get
> > cheaper if the dollar rises and crude and nat gas prices decline. So
> > all these stocks are commodity price plays as well as drilling success
> > plays, so there is both hydrocarbon market risk and drilling risk
> > built into the share prices. Buy these with your eyes wide open and
> > recognize that the share price rise we have seen in 2008 is due to a
> > combination of high crude and nat gas prices as well as recent
> > drilling success, and that if either falter the shares will not
> > continue to rise and could drop off pretty quickly as people who
> > bought them to make a quick buck exit just as rapidly.
> > On Apr 28, 9:19 am, john r <jrmel...@aol.com> wrote:
> > > I heard that EOG and Whiting stock has gone up a lot. Would it be
> > > better to invest in other bakken players? I heard that BEXP might
> > > double or triple. Any thoughts on that? What about Northern,
> > > Continental or some of the others? Teegue, I saw a comment of yours on
> > > the other site but wasn't able to get a post to take there. You can
> > > email me if you don't mind. Thanks.
YOU might be interested in this chart which compares CLR with EOG over
the past 6 months.
http://finance.yahoo.com/q/bc?t=6m&s=CLR&l=on&z=m&q=l&c=EOG You can make these comparisons for any time length or pair of
companies you might be studying,
On Apr 28, 10:07 am, Larry <presby13...@yahoo.com> wrote:
> With all the caveats mentioned by David I would also recommend CLR
> whose stock has risen more than the others in the past 6 months.
> On Apr 28, 9:50 am, David <LXiSebr...@aol.com> wrote:
> > My advice would be to instead of putting all your money in one or the
> > other, split it up among several players, say equal dollar amounts in
> > EOG, BEXP, WLL and NOG, perhaps even others like HESS
> > Try to buy these on days when the crude price is down not up as you
> > can pay more than you need to on days the crude price is soaring.
> > I used to think EOG was a buy when its share price dropped below the
> > futures contract price of a bbl of light sweet crude on CNBC, but its
> > been a while since shares have been that low.
> > Be aware that all of these stocks are bets that the price of ND crude
> > and nat gas will continue to rise, and all of the stocks will get
> > cheaper if the dollar rises and crude and nat gas prices decline. So
> > all these stocks are commodity price plays as well as drilling success
> > plays, so there is both hydrocarbon market risk and drilling risk
> > built into the share prices. Buy these with your eyes wide open and
> > recognize that the share price rise we have seen in 2008 is due to a
> > combination of high crude and nat gas prices as well as recent
> > drilling success, and that if either falter the shares will not
> > continue to rise and could drop off pretty quickly as people who
> > bought them to make a quick buck exit just as rapidly.
> > On Apr 28, 9:19 am, john r <jrmel...@aol.com> wrote:
> > > I heard that EOG and Whiting stock has gone up a lot. Would it be
> > > better to invest in other bakken players? I heard that BEXP might
> > > double or triple. Any thoughts on that? What about Northern,
> > > Continental or some of the others? Teegue, I saw a comment of yours on
> > > the other site but wasn't able to get a post to take there. You can
> > > email me if you don't mind. Thanks.
Here is a charting service by which you can compare the price of West
Texas Intermediate crude to any oil company's stock. This chart
compares EOG to WTIC.
> YOU might be interested in this chart which compares CLR with EOG over
> the past 6 months.http://finance.yahoo.com/q/bc?t=6m&s=CLR&l=on&z=m&q=l&c=EOG > You can make these comparisons for any time length or pair of
> companies you might be studying,
> On Apr 28, 10:07 am, Larry <presby13...@yahoo.com> wrote:
> > With all the caveats mentioned by David I would also recommend CLR
> > whose stock has risen more than the others in the past 6 months.
> > On Apr 28, 9:50 am, David <LXiSebr...@aol.com> wrote:
> > > My advice would be to instead of putting all your money in one or the
> > > other, split it up among several players, say equal dollar amounts in
> > > EOG, BEXP, WLL and NOG, perhaps even others like HESS
> > > Try to buy these on days when the crude price is down not up as you
> > > can pay more than you need to on days the crude price is soaring.
> > > I used to think EOG was a buy when its share price dropped below the
> > > futures contract price of a bbl of light sweet crude on CNBC, but its
> > > been a while since shares have been that low.
> > > Be aware that all of these stocks are bets that the price of ND crude
> > > and nat gas will continue to rise, and all of the stocks will get
> > > cheaper if the dollar rises and crude and nat gas prices decline. So
> > > all these stocks are commodity price plays as well as drilling success
> > > plays, so there is both hydrocarbon market risk and drilling risk
> > > built into the share prices. Buy these with your eyes wide open and
> > > recognize that the share price rise we have seen in 2008 is due to a
> > > combination of high crude and nat gas prices as well as recent
> > > drilling success, and that if either falter the shares will not
> > > continue to rise and could drop off pretty quickly as people who
> > > bought them to make a quick buck exit just as rapidly.
> > > On Apr 28, 9:19 am, john r <jrmel...@aol.com> wrote:
> > > > I heard that EOG and Whiting stock has gone up a lot. Would it be
> > > > better to invest in other bakken players? I heard that BEXP might
> > > > double or triple. Any thoughts on that? What about Northern,
> > > > Continental or some of the others? Teegue, I saw a comment of yours on
> > > > the other site but wasn't able to get a post to take there. You can
> > > > email me if you don't mind. Thanks.