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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Roth who wrote (112843)10/30/2008 11:46:53 AM
From: Wowzer  Read Replies (2) | Respond to of 206151
 
I am considering adding some more TSO here at 10. Someone please slap some sense into me. The quarter looked pretty darn good to me earning 1.86 a share on 8.7 billion of revenues. I thought the high oil prices of last qtr were killing the refiners profit margin? Further we have a dividend that looks pretty safe yielding 4% to wait this thing out. Don't quite understand the hight short interest of 22 million as of 10/10/08. Obviously quite a few think this is going much lower. Also, not real impressed with the CEO who has to sell shares on margin. Why is he on margin to begin with? Just stupid if you ask me.

But I still think the positives out weigh the negatives on this one.



To: Dennis Roth who wrote (112843)11/6/2008 10:36:30 AM
From: Dennis Roth4 Recommendations  Read Replies (3) | Respond to of 206151
 
12 BCF injection - Much much less than what was expected by the wire service surveys, but the flow based models of BENTEK and Robry got it right.

Expectations were:


Dow Jones Survey 24 Bcf
Bloomberg Survey 26 Bcf
Reuters Survey 25 Bcf
BENTEK Storage Rpt 13 Bcf
robry825 2003 model 13 Bcf, 2005 7 Bcf, 2008 13 Bcf
z24blackjet 17 Bcf

Last year's injection 45 Bcf
Five year average 31 Bcf


Summary
Working gas in storage was 3,405 Bcf as of Friday, October 31, 2008, according to EIA estimates. This represents a net increase of 12 Bcf from the previous week. Stocks were 130 Bcf less than last year at this time and 78 Bcf above the 5-year average of 3,327 Bcf. In the East Region, stocks were 74 Bcf above the 5-year average following net injections of 6 Bcf. Stocks in the Producing Region were 15 Bcf below the 5-year average of 953 Bcf after no net change in stock levels. Stocks in the West Region were 19 Bcf above the 5-year average after a net addition of 6 Bcf. At 3,405 Bcf, total working gas is within the 5-year historical range.

eia.doe.gov