[WildRose]

They can't all be wrong:

http://www.ernstversusencana.ca/wp-cont ... racing.pdf

http://www.mountainviewgazette.ca/artic ... n-fracking

http://www.reddeeradvocate.com/news/pro ... 25198.html

http://thetyee.ca/News/2011/12/19/Frack ... amination/

http://www.nytimes.com/interactive/us/d ... /p1/a27935

http://switchboard.nrdc.org/blogs/amall ... _frac.html

http://www.ernstversusencana.ca/the-lawsuit

[rockdoc123]

irrespective of the fact you use the same instance a couple of times the last time I looked there were over 500,000 producing gas wells in the US onshore. The number of cases you point to, even if they are proven to be the fault of shale gas drilling (which I suspect most will not be) makes up less than a ten of a percent of total producing wells. In a statistical distribution this would be in the margin of a tail.

[Tanada]

$this->bbcode_second_pass_quote('', 'A')irain ltd bought a new position in ConocoPhillips (NYSE:COP) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 159,499 shares of the company’s stock, valued at approximately $6,933,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Pinkerton Retirement Specialists LLC increased its stake in shares of ConocoPhillips by 5,507.0% in the second quarter. Pinkerton Retirement Specialists LLC now owns 2,411 shares of the company’s stock valued at $105,000 after buying an additional 2,368 shares during the last quarter. Smith Asset Management Group LP increased its stake in shares of ConocoPhillips by 6.0% in the third quarter. Smith Asset Management Group LP now owns 2,470 shares of the company’s stock valued at $107,000 after buying an additional 140 shares during the last quarter. Integrated Investment Consultants LLC increased its stake in shares of ConocoPhillips by 2.0% in the third quarter. Integrated Investment Consultants LLC now owns 2,594 shares of the company’s stock valued at $109,000 after buying an additional 51 shares during the last quarter. Signaturefd LLC increased its stake in shares of ConocoPhillips by 16.9% in the second quarter. Signaturefd LLC now owns 2,648 shares of the company’s stock valued at $115,000 after buying an additional 383 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its stake in shares of ConocoPhillips by 100.0% in the second quarter. Quadrant Capital Group LLC now owns 2,742 shares of the company’s stock valued at $109,000 after buying an additional 1,371 shares during the last quarter. Institutional investors own 63.28% of the company’s stock.

[ROCKMAN]

T - Perhaps they are following the standard long term investment philosophy: buy low...sell high.

[Synapsid]

Conoco Phillips is putting the nation's first LNG export terminal up for sale. It's been operating quietly since 1969 on the Kenai Peninsula in Alaska--well, operating up till this year.

The LNG has been going to the Asia/Pacific market.

[ROCKMAN]

Yep: big slump in Asia LNG prices the last 2 years falling from almost $17 to $7.

[Subjectivist]

$this->bbcode_second_pass_quote('Synapsid', 'C')onoco Phillips is putting the nation's first LNG export terminal up for sale. It's been operating quietly since 1969 on the Kenai Peninsula in Alaska--well, operating up till this year.

The LNG has been going to the Asia/Pacific market.

[ROCKMAN]

Sub - Just part of the intentional effort to hide the export of fossil fuels from the US. Look at this article from 22 years ago:

"In a series of moves sure to anger America's environmentalists, a top Senate Republican said Tuesday the new Congress will reverse two decades of energy policy by opening Alaska's North Slope oil fields to foreign buyers to help close the U.S. trade deficit with Japan. Sen. Frank Murkowski (R-Alaska) also revealed plans to build a new natural gas pipeline across an untouched swath of Alaskan wilderness and lobbied the Japanese government to throw its support behind the project, Japanese officials said."

And understand the proposal goes well beyond the "ban on US oil exports" which never really existed in the first place. But there was an addition law that specificly banned exporting oil from US govt leases.

Also: "The Trans Alaskan Pipeline Authorization Act of 1973 required that all petroleum from Alaska's North Slope be sent to U.S. refineries. In 1995, Congress eliminated that requirement, and between 1996 and 2000 somewhere between 4 and 7 percent of the oil from Alaska was being shipped to China, Japan and Korea. But in 2000, British Petroleum was accused of exporting oil to Asia to prop up falling prices on the West Coast. Congress reacted with outrage, and the oil companies stopped exporting oil from Alaska."

But then a change under President Obama:

Platts Jun 2016 - JX Nippon Oil & Energy received an Alaskan North Slope cargo earlier this month, Japan's first ANS crude imports since May 2000 and surprising markets at a time when arbitrage economics are heavily loaded in favor of Asian and Middle Eastern crudes.

[Subjectivist]

If all those statements that oil and LNG are fully "fungible" market prodocts mean what they clam they mean it shouldn't actually make a difference if America exports to say China but imports from Columbia.

Speaking of natural gas exports, do you think they will ever build a pipeline from Prudhoe say to Siberia and thus on to China without having to liquify the gas somewhere along the line?

[ROCKMAN]

Sub - Fully fungible in like a little pregnant? LOL. First, let's look at the very small spot LNG market. Shipping from Texas across the GOM to Columbia the same as going to China via the Panama Canal? Fungible I suppose if you don't count the different transport costs. But the bigger issue is with long term (20+ years) LNG contracts: once the ontract is signed that LNG is fully unfungible...it ain't going anywhere but to that buyer at a priced pegged to some benchmark. Unless, of course, that buyer gets an offer he can't refuse.

NG pipelines for N Slope production: the topic has come up for decades and I don't think anyone has tied down the economics enough to make the commitment. Like LNG in that sense: unless someone underwrites the project with a guaranteed volume purchase at a benchmarked price I doubt anyone will commit to the mucho $billions in capex regardless of where the line is laid.

The interesting aspect is that Russia is building a fleet of icebreaking LNG tankers to deliver its "N Slope" NG to China and/or the Netherlands instead of building pipelDVD contract

[Synapsid]

ROCKMAN,

While Conoco Phillips is setting out to sell the LNG export plant on the Kenai Peninsula, it has already pulled out of the project to build an NG pipeline from the North Slope to an LNG export plant on, um, the Kenai Peninsula. That one was set going by a consortium of Conoco Phillips, BP, EXXON (I think), and the great State of Alaska. The three majors have all pulled out but they say they'll be happy to make use of the setup if someone figures out how to fund and build it.

The fellow the state has put in charge of finding the funding has approached Japan, pointing out all the advantages to the project. I haven't checked on his progress yet.

[ROCKMAN]

Syn - Thanks for the update. In general these BIG capex projects run into the same problem: economic justification. Those big price tags require years of SUFFICIENT revenue to provide an acceptable rate of return. That demands a high conference in future prices. Great: LNG is selling for $X/MCF today. What will it sell for in 5 years? In 5 years when you still haven't recovered 100% of the investment?

This is why FINACIALLY GUARANTEED 20+ year contracts are typically made between LNG buyers and sellers. Without such a certain price the LNG trains can't be built. And buyers can't lock in prices unless they are certain the future LNG will be delivered. Folks forget that Chenier LNG export facility was originally built for LNG imports. Built for many $billions. And the the import market disappeared. And then the LNG export potential market looked juicy and Chenier spent more $billions converting Sabine Pass to an export facility. And what happened at about that effort was completed? The LNG export market crashed from $20+/MCF to less then $7/MCF.

Here's a hint: want to correctly guess future NG prices: look at Chenier's current business plan. And the do preduct the opposite. LOL.

The hot discussion about expanding NG/LNG exports began some years ago when NG ran above $10/MCF and LNG spot prices in Asia hit $22/MCF. In fact several winters ago a Boston utility had to buy some loads of spot market LNG for $24/MCF when the US well head price was around $6.50/MCF.

So put yourself in the shoes of a company thinking about building an export pipeline or LNG plant at, let's say, a cost of $7 BILLION. What 20 year price curve would you run your economic analysis on? And sinced you need to borrow 8o% of that $7 billion from a bank tell me how you'll convince the loan office that you knmow what the f*ck future prices will be. LOL.

[Synapsid]

ROCKMAN,

Apparently the answer to your last question is to go to Japan and point out the advantages...

The idea there, I suppose, is that Japan and South Korea are big importers of LNG so surely they'll jump on this opportunity, maybe along with India and China. That part of the world is where the old LNG export terminal was sending the stuff.

I'm not planning to invest.

[Tanada]

$this->bbcode_second_pass_quote('', 'T')RADEMARK VIOLATION WARNING: "ConocoPhillips (COP) Holdings Increased by Cornerstone Investment Partners LLC" was reported by TrueBlueTribune and is owned by of TrueBlueTribune. (NYSE:C). Dnb Asset As invested in 2.23 million shares or 2.15% of the stock. (NYSE:C). Brick & Kyle holds 0.64% or 10,867 shares. The stock increased 0.44% or $0.32 during the last trading session, reaching $73.5. About 8.78M shares traded. It has outperformed by 11.67% the S&P500.

Stonebridge Capital Advisors Llc increased its stake in Conoco Philips Corp (COP) by 6.73% based on its latest 2017Q3 regulatory filing with the SEC.

Many analysts are providing their Estimated Earnings analysis for ConocoPhillips and for the current quarter 21 analysts have projected that the stock could give an Average Earnings estimate of $0.45/share. Roberts Glore Inc Il holds 12,202 shares. Rowland & Company Investment Counsel who had been investing in Conocophillips for a number of months, seems to be less bullish one the $72.20 billion market cap company. The stock decreased 1.74% or $1.04 during the last trading session, reaching $58.62. About 52,221 shares traded. ConocoPhillips (NYSE:COP) has risen 9.50% since January 29, 2017 and is uptrending. It has underperformed by 7.20% the S&P500.

Among 23 analysts covering Merck & Co. Air Transport Services Group had 18 analyst reports since August 7, 2015 according to SRatingsIntel. Therefore 50% are positive. The company was maintained on Thursday, July 13 by RBC Capital Markets. The stock of Validus Holdings, Ltd. (NYSE:VR) earned "Hold" rating by Keefe Bruyette & Woods on Monday, January 22. On Friday, October 28 the stock rating was upgraded by Piper Jaffray to "Overweight". The firm has "Neutral" rating by UBS given on Friday, April 29. Finally, Zacks Investment Research upgraded ConocoPhillips from a "hold" rating to a "strong-buy" rating and set a $66.00 price objective for the company in a research report on Wednesday, January 10th. The stock of PTC Inc.

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.08, from 0.71 in 2017Q2. 125 funds opened positions while 492 raised stakes. New York-based General Investors has invested 1.22% in Merck & Co., Inc. Foundation Resource Mgmt owns 4.68% invested in ConocoPhillips (NYSE:COP) for 563,994 shares. University Of Notre Dame Du Lac holds 1.4% or 89,056 shares. Brands, Inc. (NYSE:YUM). First Financial Corp In invested in 155 shares. Pennsylvania-based Cim Mangement Inc has invested 0.73% in Citigroup Inc. Nepsis Mgmt stated it has 4.05% of its portfolio in Validus Holdings, Ltd. (NYSE:VR). Following the transaction, the director now owns 3,429 shares in the company, valued at approximately $178,513.74. Brands, Inc. (NYSE:YUM). Teachers Retirement System Of The State Of Kentucky has invested 0.17% in Yum! Brookstone Cap Mgmt reported 90,256 shares. Nelson Roberts Invest Advsrs Limited Liability Corp owns 1,304 shares or 0.02% of their U.S. portfolio. Shamrock Asset holds 253 shares.

[Tanada]

$this->bbcode_second_pass_quote('', 'C')onocoPhillips (NYSE:COP) recent rally took place on significantly less volume which dipped to nearly 5.31 million contracts on 09-Mar-18 versus its daily average of 5.9 million. The first sale was made at $54.07 but later the stock became weaker, and closed with a gain of 2.78%. It was last traded at $55.06 apiece.
ConocoPhillips (COP): Outperform Candidate With 20.87% Upside Potential

ConocoPhillips is maintained at an average outperform rating by 23 stock analysts, and there are at least 2.06% of shares outstanding that are currently legally short sold. The shares went down by -1.02% in value last month. Year-to-date it jumped 0.31%. Analysts are turning out to be more optimistic than before, with 17 of analysts who cover ConocoPhillips (NYSE:COP) advice adding it to buy candidate list. Wall Street experts also assign a $66.55 price target on ConocoPhillips, pointing towards a 20.87% rally from current levels. The stock is trading for about -10.2% less than its 52-week high.

ConocoPhillips Reports 5.47% Sales Growth

ConocoPhillips (COP) remained unsuccessful in beating the consensus-estimated $0.45 as it actually earned $0.45 per share in its last reported financial results. Revenue, on the other hand, scored 5.47% growth from the previous quarter, coming up with $7.59 billion.
COP Adds 1.85% In A Week

This company shares (COP) so far managed to recover 30.27% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 2.08% while shortening the period to a week, volatility was 3.08%. The share price has already crossed its 20 days moving average, floating at a distance of 1.25% and sits -2.67% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned 1.85% gains and is up by 10.83% compared with its 200-day moving average of $52.1. Also, ConocoPhillips (COP) needs to expand a 18.46% increase it experienced over the past twelve months.

[Tanada]

$this->bbcode_second_pass_quote('', 'O')il is flowing from a drill site in what is now the farthest-west producing site on Alaska’s North Slope, ConocoPhillips Alaska Inc said on Tuesday.

Production at Greater Mooses Tooth 1, a prospect on the western edge of existing Arctic Alaska oil development, started last Friday, ConocoPhillips said.

Production at GMT 1 is expected to peak at 25,000 to 30,000 barrels a day, the company said. It is the second producing oil field within the borders of the National Petroleum Reserve in Alaska, or NPR-A, a vast federal land unit on the western side of the North Slope.

“This is another milestone for development in the NPR-A,” Joe Marushack, president of ConocoPhillips Alaska, said in a statement.

Oil from GMT 1 is being sent by pipeline east for processing at the ConocoPhillips-operated Alpine field. That oil is then shipped by pipeline to Prudhoe Bay about 50 miles to the east, then south through the Trans Alaska Pipeline System.

The first field to begin producing within the reserve boundaries was a ConocoPhillips field called CD5, where startup occurred in 2015.

ConocoPhillips is seeking to develop a related drill site about 8 miles (13 km) to the southwest of GMT1 that could start production by 2021. Peak production at that site, Greater Mooses Tooth 2, would be 35,000 to 40,000 barrels a day, according to ConocoPhillips.

[Tanada]

$this->bbcode_second_pass_quote('', 'C')onocoPhillips (COP) revealed plans Monday to invest $6.1 billion in 2019 and earmark $3 billion for share buybacks after last week's OPEC meeting, though crude oil prices retreated. Hess (HES) announced plans to boost capital spending next year.

ConocoPhillips' capital expenditure outlay next year would be roughly in line with 2018 levels.

Meanwhile, Hess expects $2.9 billion in capex in 2019, up from $2.1 billion this year. Hess said the bulk of that spending will be in North Dakota's Bakken shale formation and in Guyana

Prior declines in crude oil prices have forced oil companies to cut capex budgets. Crude oil prices have tumbled more than 30% since recent highs, but the OPEC-Russia deal could prop them up next year.

Meanwhile, ConocoPhillips also plans to increase shareholder payouts to greater than 30% of cash from operations from a current range of 20% to 30%.

It sees crude oil production next year ranging from 1.3 million to 1.35 million barrels of oil equivalent per day, representing adjusted growth of 5% at the midpoint. Most growth will come from unconventional sources in the contiguous 48 states of the U.S. and conventional sources in Alaska.

Crude Oil Prices Resume Slide Despite OPEC Meeting

U.S. crude oil prices shed 3.1 to $51 a barrel amid continued turmoil in global financial markets. Brent crude oil prices also fell back.

That wiped out Friday's modest gains after the OPEC meeting. The cartel and partners like Russia agreed to curb output by 1.2 million barrels per day for the first six months of next year.

Some analysts see cuts agreed upon at the OPEC meeting as tightening the oil market and potentially sending crude oil prices back up toward $70-per-barrel next year. Others signaled uncertainty over how OPEC and Russia will implement the crude oil production deal, warning that it may not actually do that much.
Conoco Stock, Other Big Oil Names Fall

ConocoPhillips stock fell 1.1% on the stock market today, steepening losses below the 200-day line. The Houston-based company has seen its Relative Strength Rating improve to 87 in the past month, although its RS line, tracking a stock's performance against the S&P 500, sits below the October peak.

This RS Rating tracks how a stock's price movement over the last 52 weeks compares to that of the other stocks in the IBD database. History shows that the best stocks often have an 80 or better RS Rating in the early stages of their moves.

Hess stock retreated 2.1%.

Exxon Mobil (XOM) sank 1.5%, Royal Dutch Shell (RDSA) gave up 0.5%, Chevron (CVX) shed 1% and BP (BP) gave up 0.35%.