Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (1113)	3/7/2001 5:20:11 PM
From: The Ox	Read Replies (1) \| Respond to of 23153

"The sheer fact that a highly regarded company like Shell would take such an aggressive posture speaks volumes about Shell's thoughts regarding the future of natural gas prices in the United States," Bracken said as he upgraded Anadarko Petroleum (APC: news, msgs, alerts) , Cabot Oil & Gas (COG: news, msgs, alerts) , Evergreen Resources (EVG: news, msgs, alerts) , EOG Resource (EOG: news, msgs, alerts) , Newfield Exploration (NFX: news, msgs, alerts) , Spinnaker Exploration (SKE: news, msgs, alerts) , Swift Energy (SFY: news, msgs, alerts) and Vintage Petroleum (VPI: news, msgs, alerts) . "Investors can throw caution to the wind because they no longer have to worry about short-term dips," Bracken told CBS.MarketWatch.com. "These stocks are now "screaming buys," .... You see, Q, just how wrong you have been about the E+Ps all along. Geez!!! LOL Some people just don't get it!

To: Think4Yourself who wrote (1113)	3/7/2001 7:13:19 PM
From: energyplay	Respond to of 23153

ROYL 's value I understand that there will be some additonal pipeline capacity into California in 2-3 years. Don't know how much that will dampen prices, since generators & houses can be built sooner than pipelines. ROYL has a lot of room to run with their Victor Ranch properties. Also, they have some very good people, especial their chief geologist, who used head up exploration for Amoco. So I expect there will additional growth in NG volumes. California NG pricing... For this year (2001), unless it's really cool this summer, California will run out of Hydro power by late July, and eat it's NG reserves & much of the pipeline capacity for air conditioning before winter. Then to get lucky, California would need a Warm, wet winter. Winters tend to be either Cold & Dry, Cold & Wet or Warm & Dry. Cold & Dry is worse, means less hydro power. So California exits NEXT winter with little storage of NG or Hydro... I would not be surprised if this time next year ROYL is in the $15 -20 range, with earnings > $1.50 -$2.00 and a P/E of 10-12.