Investorideas.com Reports on the Pulse of Economy as a Small Business in Financial Markets; It’s Better than the Stock Markets are Reflecting
May 25, 2010 (Investorideas.com Newswire) Investor Ideas, an investment research portal specialized in sector research, reports on the pulse of the economy from the perspective of a small business owner in the financial markets.
“The past few months have been the best in the past two years in terms of new advertising dollars, new business and strategic partnering. The dollar amounts are less than the good old days and customers are expecting more for their dollars, but there is life out there in the real economy in spite of what the Stock Market Indices are doing daily. From traditional online advertising to public companies signing up to new partnerships forming, we are seeing momentum on the small business front increasing weekly”, reports President and founder Dawn Van Zant.
“Because our site also caters to the retail independent investors, we also get a pulse of the investor’s confidence level by our paid premium membership sign- ups. What we see first –hand is that when the stock markets have a few days in a row of positive gains, the investors sign up and when we have a few negative days in a row like we just had, investors do nothing”, reported Investorideas.com founder.
Investorideas.com covers over twenty leading investment sectors and was one of the first investor research portals covering water, renewable energy and Homeland Security.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing, covering leading industry sectors including mining and gold stocks, in addition to global markets including China, India, the Middle East and Australia. Investorideas.com is known for its comprehensive stock directories in each sector and sector specific newswires.
For a list of current partners for Investorideas.com visit our partners and links resource page at
http://www.investorideas.com/resources/.
Advisory Board Members visit:
http://www.investorideas.com/About/
Membership:
Investor Ideas recently announced the launch of a new membership campaign for 2010:
“One Million Members Stronger… The More we know, the More we grow- the More we Grow the More we know!”
Investor Ideas campaign theme is based on the concept that there is power in numbers and knowledge is power. As the number of members grows, Investorideas.com will expand the content and services to its members, including special offers from partners and service providers catering to retail investors. Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information and or interest in becoming a content /revenue partner:
C Van Zant: 800-665-0411 – cvanzant@investorideas.com
Source – Investorideas.com
Tuesday, May 25, 2010
Wednesday, May 19, 2010
Because You Asked: Why Energy Investors Should Thank the Hedge Funds and other Hot Money for Dumping Energy Assets Cheap
May 19, 2010 (Investorideas.com energy newswire) Investorideas.com has received many requests to re-post Mr. Miller's current analysis of the US Energy and Infrastructure market, originally posted May 17, 2010, where he accurately made the call that investors should "seize the moment" and purchase as many high quality public energy and infrastructure companies as possible at the current massively oversold prices.
Mr. Miller has made the call and supported the case for remaining invested long term in the Energy and Infrastructure market, and the leading money managers have started to publicly acknowledge that Mr. Miller made the correct call and starting to move money back into the oversold Energy sector in recent days.
Follow Karl Miller at Investorideas.com
http://www.naturalgasstocks.com/Karl_Miller/
Let me start by saying that experienced energy investors savor the times when the "Ambulance" chasers dump quality energy companies en masse to raise capital in order to chase a wounded victim, the Euro in this case.
For the record, the Euro is not going to fail. Some of the weaker countries in the EU may ultimately be removed from the Euro economic base, but as I will explain, they never should have been there in the first place. Hold that thought, and we will come back to it shortly.
For those investors that either know me from the Global Energy Industry over the past twenty years (20) or those that follow my commentary, I am certain all of you know my conviction that to accumulate and maintain true net worth, you must have a significant amount of your assets invested in the Energy Sector, with strong emphasis on US Energy companies, due to the preservation of capital.
It is common knowledge that I spent half it not more of my career working in the Global Energy Industry, mostly in Europe and Asia, with the balance in the US. While I am not a politician, when you work in Europe, especially in the Energy Sector, you must be part commercial executive and part politician, given the long, deep rooted socialist ideology in countries like France in particular, among others.
When the European Union was formed, and the Euro was created, the informed energy and other industry executives "knew full well" that the lesser countries like Greece, Italy, Spain and Portugal were not strong enough financially to meet the guidelines set out by the EU and doubted they every would meet the debt to GDP ratios and other key metrics. However, the euphoria about including as many countries in the Euro to compete with the US Dollar at that time overshadowed the economic reality that many of the lesser European countries were admitted way too soon, if they should ever have been allowed to become part of the EU in a currency weighted scenario.
Also, the capital markets, the very ones that are now attacking the Euro "knew full well" that the lesser countries that I refer to above and they refer to as "PIIGS" were not financially capable of meeting the EU guidelines. This includes many of the financial executives that are now running Hedge Funds, Bank Currency Trading operations, and other institutional investors that I refer to in my opening statement as "Ambulance" chasers.
So, where does that leave us? Well, firstly when extremely high quality energy companies get absolutely dumped for no good reason other than Ambulance chasers need to raise money fast to chase the latest trade en mass with the rest of the heard, you must be able to identify this movement and capitalize by purchasing these companies at significant discounts.
You can dispel that there is any reality to what is commonly referred to as "market correction". There are only two types of investing that are credible, owning hard assets such as Energy (Oil, natural gas, and other products) and by default, you control or own "real estate", which as I have stated in prior analysis is the foundation of investing dating back to the beginning of recorded human time.
Leave the "market correction" myth to the rest of the market. The undisputed historical and prospective fact is that "he who controls the natural resources" controls the world we live in, irrespective whether it is the US, Europe, or Asia. The Chinese, despite their lack of respect for the rule of law, sanctity of contracts, and basic business honor, understand that they must control the natural resources necessary to promote their economy, which is why you see the Chinese government owned and controlled energy and infrastructure companies buying assets anywhere they can "cheaply" now as they know what I know, you must lock down your natural resource supplies, for otherwise you will not be a "landlord", but be a tenant and pay rent in perpetuity.
For those old enough to have studied history, this is the primary reason the Japanese decided to attack the US in 1941, they were being starved of natural resources and had none of their own, and thus they had to seize other territories in Asia which produced oil, rubber, and iron ore to support Japan’s economy.
Now, we have a global economy now, so I don’t think anyone will be going to war anytime soon to seize control of natural resources, other than the first Gulf War, which was absolutely about insuring Kuwait and more importantly, Saudi Arabian oil kept flowing freely to the global markets.
The moral of this history brief and story is that while the investing world has changed, the reasons to invest have not. When Hedge Funds, Hot Money, and Ambulance chasers dump energy and infrastructure assets cheap, like they have in recent weeks, you should seize upon this "gift" and buy as much of the high quality public companies in the sector as you can.
For just as quickly as the Hedge Funds, Hot Money, and Ambulance chasers dumped energy and infrastructure stocks, they will come back into the sector in full force of a thundering herd of water buffalo struggling to cross a river infested with crocodiles when they grow tired of their latest chase, the Euro. Why will they do this you may ask, well despite the well informed investors reasons for owning natural resources outlined above, Hot Money has no choice. They must chase the trade for a living, and energy and infrastructure is a "trade in perpetuity", you must own it if you manage money.
Previous commentary ,"Did You Miss the Biggest Buying Opportunity in Energy, Thursday May 6, 2010" by energy executive Karl Miller was one of the most read articles on Investorideas.com.
Read the full article published May 6th at Investorideas.com:
http://www.naturalgasstocks.com/Karl_Miller/news/5071.asp
Karl Miller
Follow Karl Millers market and energy commentary and disclosure at:
http://www.naturalgasstocks.com/Karl_Miller/
Investors following energy stocks can follow energy stocks with news and commentary by Karl Miller and several guest contributors in the new energy newswire and RSS feed at Investorideas.com. Subscribe here:
http://www.investorideas.com/RSS/feeds/Energy.xml
Energy Investors can research energy stocks with the natural gas stocks directory or the oil and gas stocks directory listing publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering investing in water, mining, renewable energy, energy, biotech, defense and global markets including China, India, Middle East and Australia. The website covers several sectors but has a focus on environment and water. Investorideas.com meets the needs of retail investors, public companies and entrepreneurs with unique tools and services ranging from stock directories, newsfeeds, funding directories and more.
About our energy portals:
www.OilandGasStockNews.com and www.Naturalgasstocks.com are energy portals within the InvestorIdeas.com umbrella, providing investor research, stock news and energy links as well as a directory of public companies within the energy sector.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies including Indigo-Energy, Inc. (OTCBB: IDGG), news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Karl Miller Disclaimer: http://www.naturalgasstocks.com/Karl_Miller/
This column, Energy Commentary from Karl Miller, is the opinion of Karl Miller. Content found in the articles is subject to the terms found in the InvestorIdeas.com disclaimer and does not represent a recommendation of investment advice by Mr. Miller. Investors should seek the advice of a qualified investment professional prior to making any investment decisions.
For Additional Information:
Source – Investorideas.com/Karl Miller
Follow Investorideas.com on Twitter.com
http://twitter.com/Investorideas
May 19, 2010 (Investorideas.com energy newswire) Investorideas.com has received many requests to re-post Mr. Miller's current analysis of the US Energy and Infrastructure market, originally posted May 17, 2010, where he accurately made the call that investors should "seize the moment" and purchase as many high quality public energy and infrastructure companies as possible at the current massively oversold prices.
Mr. Miller has made the call and supported the case for remaining invested long term in the Energy and Infrastructure market, and the leading money managers have started to publicly acknowledge that Mr. Miller made the correct call and starting to move money back into the oversold Energy sector in recent days.
Follow Karl Miller at Investorideas.com
http://www.naturalgasstocks.com/Karl_Miller/
Let me start by saying that experienced energy investors savor the times when the "Ambulance" chasers dump quality energy companies en masse to raise capital in order to chase a wounded victim, the Euro in this case.
For the record, the Euro is not going to fail. Some of the weaker countries in the EU may ultimately be removed from the Euro economic base, but as I will explain, they never should have been there in the first place. Hold that thought, and we will come back to it shortly.
For those investors that either know me from the Global Energy Industry over the past twenty years (20) or those that follow my commentary, I am certain all of you know my conviction that to accumulate and maintain true net worth, you must have a significant amount of your assets invested in the Energy Sector, with strong emphasis on US Energy companies, due to the preservation of capital.
It is common knowledge that I spent half it not more of my career working in the Global Energy Industry, mostly in Europe and Asia, with the balance in the US. While I am not a politician, when you work in Europe, especially in the Energy Sector, you must be part commercial executive and part politician, given the long, deep rooted socialist ideology in countries like France in particular, among others.
When the European Union was formed, and the Euro was created, the informed energy and other industry executives "knew full well" that the lesser countries like Greece, Italy, Spain and Portugal were not strong enough financially to meet the guidelines set out by the EU and doubted they every would meet the debt to GDP ratios and other key metrics. However, the euphoria about including as many countries in the Euro to compete with the US Dollar at that time overshadowed the economic reality that many of the lesser European countries were admitted way too soon, if they should ever have been allowed to become part of the EU in a currency weighted scenario.
Also, the capital markets, the very ones that are now attacking the Euro "knew full well" that the lesser countries that I refer to above and they refer to as "PIIGS" were not financially capable of meeting the EU guidelines. This includes many of the financial executives that are now running Hedge Funds, Bank Currency Trading operations, and other institutional investors that I refer to in my opening statement as "Ambulance" chasers.
So, where does that leave us? Well, firstly when extremely high quality energy companies get absolutely dumped for no good reason other than Ambulance chasers need to raise money fast to chase the latest trade en mass with the rest of the heard, you must be able to identify this movement and capitalize by purchasing these companies at significant discounts.
You can dispel that there is any reality to what is commonly referred to as "market correction". There are only two types of investing that are credible, owning hard assets such as Energy (Oil, natural gas, and other products) and by default, you control or own "real estate", which as I have stated in prior analysis is the foundation of investing dating back to the beginning of recorded human time.
Leave the "market correction" myth to the rest of the market. The undisputed historical and prospective fact is that "he who controls the natural resources" controls the world we live in, irrespective whether it is the US, Europe, or Asia. The Chinese, despite their lack of respect for the rule of law, sanctity of contracts, and basic business honor, understand that they must control the natural resources necessary to promote their economy, which is why you see the Chinese government owned and controlled energy and infrastructure companies buying assets anywhere they can "cheaply" now as they know what I know, you must lock down your natural resource supplies, for otherwise you will not be a "landlord", but be a tenant and pay rent in perpetuity.
For those old enough to have studied history, this is the primary reason the Japanese decided to attack the US in 1941, they were being starved of natural resources and had none of their own, and thus they had to seize other territories in Asia which produced oil, rubber, and iron ore to support Japan’s economy.
Now, we have a global economy now, so I don’t think anyone will be going to war anytime soon to seize control of natural resources, other than the first Gulf War, which was absolutely about insuring Kuwait and more importantly, Saudi Arabian oil kept flowing freely to the global markets.
The moral of this history brief and story is that while the investing world has changed, the reasons to invest have not. When Hedge Funds, Hot Money, and Ambulance chasers dump energy and infrastructure assets cheap, like they have in recent weeks, you should seize upon this "gift" and buy as much of the high quality public companies in the sector as you can.
For just as quickly as the Hedge Funds, Hot Money, and Ambulance chasers dumped energy and infrastructure stocks, they will come back into the sector in full force of a thundering herd of water buffalo struggling to cross a river infested with crocodiles when they grow tired of their latest chase, the Euro. Why will they do this you may ask, well despite the well informed investors reasons for owning natural resources outlined above, Hot Money has no choice. They must chase the trade for a living, and energy and infrastructure is a "trade in perpetuity", you must own it if you manage money.
Previous commentary ,"Did You Miss the Biggest Buying Opportunity in Energy, Thursday May 6, 2010" by energy executive Karl Miller was one of the most read articles on Investorideas.com.
Read the full article published May 6th at Investorideas.com:
http://www.naturalgasstocks.com/Karl_Miller/news/5071.asp
Karl Miller
Follow Karl Millers market and energy commentary and disclosure at:
http://www.naturalgasstocks.com/Karl_Miller/
Investors following energy stocks can follow energy stocks with news and commentary by Karl Miller and several guest contributors in the new energy newswire and RSS feed at Investorideas.com. Subscribe here:
http://www.investorideas.com/RSS/feeds/Energy.xml
Energy Investors can research energy stocks with the natural gas stocks directory or the oil and gas stocks directory listing publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering investing in water, mining, renewable energy, energy, biotech, defense and global markets including China, India, Middle East and Australia. The website covers several sectors but has a focus on environment and water. Investorideas.com meets the needs of retail investors, public companies and entrepreneurs with unique tools and services ranging from stock directories, newsfeeds, funding directories and more.
About our energy portals:
www.OilandGasStockNews.com and www.Naturalgasstocks.com are energy portals within the InvestorIdeas.com umbrella, providing investor research, stock news and energy links as well as a directory of public companies within the energy sector.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies including Indigo-Energy, Inc. (OTCBB: IDGG), news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Karl Miller Disclaimer: http://www.naturalgasstocks.com/Karl_Miller/
This column, Energy Commentary from Karl Miller, is the opinion of Karl Miller. Content found in the articles is subject to the terms found in the InvestorIdeas.com disclaimer and does not represent a recommendation of investment advice by Mr. Miller. Investors should seek the advice of a qualified investment professional prior to making any investment decisions.
For Additional Information:
Source – Investorideas.com/Karl Miller
Follow Investorideas.com on Twitter.com
http://twitter.com/Investorideas
Tuesday, May 18, 2010
Energy Stocks Active in Illinois Basin; Indigo-Energy, Inc. (OTCBB: IDGG), Rex Energy Corporation (Nasdaq:REXX)
May 18, 2010 ( Investorideas.com energy newswire) –Investorideas.com, an investor research portal covering oil and gas and coal stocks, as well as other leading sectors, updates energy investors with an overview of publicly traded companies active in the Illinois Basin.
The Illinois Basin covers an estimated 60,000 square miles in central and southern Illinois, south- western Indiana, and western Kentucky.
Energy stocks in the area include Indigo-Energy, Inc. (OTCBB: IDGG), Rex Energy Corporation (NASDAQ:REXX) as well as several of the largest coal companies in the US.
Indigo-Energy, Inc. (OTCBB: IDGG) is an independent Nevada energy company, engaged in the drilling, development, production and acquisition of certain oil and gas reserves located in different geological regions around the United States. This involves drilling of developmental oil and gas wells at the different program sites on proven reserves. It also includes the purchase of producing oil and gas wells, and existing oil and gas leasehold interests.
More info: http://www.investorideas.com/CO/IDGG/ or http://www.indigo-energy.com/
Recent News: Indigo-Energy (OTCBB: IDGG) Updates Progress in the Illinois Basin
Indigo-Energy, Inc. (OTCBB: IDGG) is pleased to update its progress on natural gas production in the Illinois Basin. The Company began completion efforts on one vertical well and two horizontal wells back in December of 2009 and announced in March that these wells had begun flowing and flaring a significant volume of natural gas. Since that announcement, the Company and its operating partners in the basin have successfully completed testing and inspections by the state utilities regulatory commission and passed gas quality testing with the pipeline company. Additionally, the Company announced that a contract for the purchase of gas had been signed and that final steps were being taken to ensure the most consistent and optimum flow of gas to the pipeline once production into the pipeline begins.
Read news: http://www.investorideas.com/CO/IDGG/news/5131.asp
Rex Energy Corporation (NASDAQ:REXX) is an independent oil and gas company operating in the Illinois Region and the Appalachian Region of the United States. The company has pursued a balanced growth strategy of exploiting its sizable inventory of lower risk developmental drilling locations, pursuing its higher potential exploration drilling prospects and actively seeking to acquire complementary oil and natural gas properties.
Recent News: Rex Energy posts $2M profit
(http://pittsburgh.bizjournals.com/pittsburgh/stories/2010/05/03/daily27.html?ana=yfcpc)
Other smaller energy stocks in the Illinois Basin play include Kentucky USA Energy, Inc. (OTCBB: KYUS.OB), an exploration stage natural gas exploration company and
Strategic American Oil Corporation (OTCBB: SGCA).
Coal stocks in the Illinois Basin include Peabody Energy (NYSE: BTU), Natural Resource Partners L.P. (NYSE: NRP) and Alliance Resource Partners, L.P. (NASDAQ: ARLP). Peabody Energy's operations are geographically diverse within the United States and around the world, with locations on five continents. Peabody has the number one position in the Powder River Basin, Southwest, Illinois Basin and Colorado. NRP owns coal reserves and coal handling and transportation infrastructure in the three major coal producing regions of the United States: Appalachia, the Illinois Basin and the Powder River Basin. In addition, the partnership owns and manages aggregate reserves being mined in six states. ARLP is currently the fifth largest coal producer in the eastern United States with mining operations in the Illinois Basin, Northern Appalachian and Central Appalachian coal producing regions.
Read the history of the Illinois Basin:
http://www.ioga.com/Special/Geohist.htm
To research more energy stocks in the Illinois Basin and other plays investors can turn to
the Investorideas.com oil and gas stocks directory list of publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE. Other sub sectors featured within the directory includes Bakken Stocks and Oilsands stocks. Visit: http://www.investorideas.com/OGSN/Stock_List.asp
Investorideas.com Showcase Energy Stock: Indigo-Energy, Inc. (OTCBB: IDGG)
Profile Page on Investorideas.com http://www.investorideas.com/CO/IDGG/
About our Oil and Gas Investor portal:
www.OilandGasStockNews.com an energy stocks investor portal within the InvestorIdeas.com provides investor research, energy stocks and industry commentary from Karl Miller, stock news and energy links as well as a directory of public companies within the oil and gas sector. Investors can follow energy news by subscribing to the energy stocks newswire at:
http://www.investorideas.com/RSS/feeds/Energy.xml
Additional Energy Stocks directories:
Coal Stocks Directory:
http://www.investorideas.com/CSS/Stock_List.asp
Natural Gas Stocks Directory (http://www.investorideas.com/Companies/NaturalGas/Stock_List.asp)
Global Directory of Publicly traded Natural Gas Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges.
About InvestorIdeas.com:
Investor Ideas is a global investor research portal specialized in sector investing, providing in-depth research, news, investor tools and stock directories for energy stocks, renewable energy, homeland security, water, gold / mining stocks, nanotech stocks, biotech and other leading sectors. Investor Ideas Members currently get login access to 11 stock directories including all energy stock directories. Visit the Investor Ideas membership page to learn more at:
http://www.investorideas.com/membership/
Disclaimer: The following info/article was part of the paid advertising program for showcase energy stock, Indigo-Energy, Inc. (OTCBB: IDGG). Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Disclosure - http://www.investorideas.com/About/News/Clientspecifics.asp
For Additional Information and or interest in becoming a content /revenue partner:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source: OilandGasStockNews.com and Investorideas.com
May 18, 2010 ( Investorideas.com energy newswire) –Investorideas.com, an investor research portal covering oil and gas and coal stocks, as well as other leading sectors, updates energy investors with an overview of publicly traded companies active in the Illinois Basin.
The Illinois Basin covers an estimated 60,000 square miles in central and southern Illinois, south- western Indiana, and western Kentucky.
Energy stocks in the area include Indigo-Energy, Inc. (OTCBB: IDGG), Rex Energy Corporation (NASDAQ:REXX) as well as several of the largest coal companies in the US.
Indigo-Energy, Inc. (OTCBB: IDGG) is an independent Nevada energy company, engaged in the drilling, development, production and acquisition of certain oil and gas reserves located in different geological regions around the United States. This involves drilling of developmental oil and gas wells at the different program sites on proven reserves. It also includes the purchase of producing oil and gas wells, and existing oil and gas leasehold interests.
More info: http://www.investorideas.com/CO/IDGG/ or http://www.indigo-energy.com/
Recent News: Indigo-Energy (OTCBB: IDGG) Updates Progress in the Illinois Basin
Indigo-Energy, Inc. (OTCBB: IDGG) is pleased to update its progress on natural gas production in the Illinois Basin. The Company began completion efforts on one vertical well and two horizontal wells back in December of 2009 and announced in March that these wells had begun flowing and flaring a significant volume of natural gas. Since that announcement, the Company and its operating partners in the basin have successfully completed testing and inspections by the state utilities regulatory commission and passed gas quality testing with the pipeline company. Additionally, the Company announced that a contract for the purchase of gas had been signed and that final steps were being taken to ensure the most consistent and optimum flow of gas to the pipeline once production into the pipeline begins.
Read news: http://www.investorideas.com/CO/IDGG/news/5131.asp
Rex Energy Corporation (NASDAQ:REXX) is an independent oil and gas company operating in the Illinois Region and the Appalachian Region of the United States. The company has pursued a balanced growth strategy of exploiting its sizable inventory of lower risk developmental drilling locations, pursuing its higher potential exploration drilling prospects and actively seeking to acquire complementary oil and natural gas properties.
Recent News: Rex Energy posts $2M profit
(http://pittsburgh.bizjournals.com/pittsburgh/stories/2010/05/03/daily27.html?ana=yfcpc)
Other smaller energy stocks in the Illinois Basin play include Kentucky USA Energy, Inc. (OTCBB: KYUS.OB), an exploration stage natural gas exploration company and
Strategic American Oil Corporation (OTCBB: SGCA).
Coal stocks in the Illinois Basin include Peabody Energy (NYSE: BTU), Natural Resource Partners L.P. (NYSE: NRP) and Alliance Resource Partners, L.P. (NASDAQ: ARLP). Peabody Energy's operations are geographically diverse within the United States and around the world, with locations on five continents. Peabody has the number one position in the Powder River Basin, Southwest, Illinois Basin and Colorado. NRP owns coal reserves and coal handling and transportation infrastructure in the three major coal producing regions of the United States: Appalachia, the Illinois Basin and the Powder River Basin. In addition, the partnership owns and manages aggregate reserves being mined in six states. ARLP is currently the fifth largest coal producer in the eastern United States with mining operations in the Illinois Basin, Northern Appalachian and Central Appalachian coal producing regions.
Read the history of the Illinois Basin:
http://www.ioga.com/Special/Geohist.htm
To research more energy stocks in the Illinois Basin and other plays investors can turn to
the Investorideas.com oil and gas stocks directory list of publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE. Other sub sectors featured within the directory includes Bakken Stocks and Oilsands stocks. Visit: http://www.investorideas.com/OGSN/Stock_List.asp
Investorideas.com Showcase Energy Stock: Indigo-Energy, Inc. (OTCBB: IDGG)
Profile Page on Investorideas.com http://www.investorideas.com/CO/IDGG/
About our Oil and Gas Investor portal:
www.OilandGasStockNews.com an energy stocks investor portal within the InvestorIdeas.com provides investor research, energy stocks and industry commentary from Karl Miller, stock news and energy links as well as a directory of public companies within the oil and gas sector. Investors can follow energy news by subscribing to the energy stocks newswire at:
http://www.investorideas.com/RSS/feeds/Energy.xml
Additional Energy Stocks directories:
Coal Stocks Directory:
http://www.investorideas.com/CSS/Stock_List.asp
Natural Gas Stocks Directory (http://www.investorideas.com/Companies/NaturalGas/Stock_List.asp)
Global Directory of Publicly traded Natural Gas Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges.
About InvestorIdeas.com:
Investor Ideas is a global investor research portal specialized in sector investing, providing in-depth research, news, investor tools and stock directories for energy stocks, renewable energy, homeland security, water, gold / mining stocks, nanotech stocks, biotech and other leading sectors. Investor Ideas Members currently get login access to 11 stock directories including all energy stock directories. Visit the Investor Ideas membership page to learn more at:
http://www.investorideas.com/membership/
Disclaimer: The following info/article was part of the paid advertising program for showcase energy stock, Indigo-Energy, Inc. (OTCBB: IDGG). Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Disclosure - http://www.investorideas.com/About/News/Clientspecifics.asp
For Additional Information and or interest in becoming a content /revenue partner:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source: OilandGasStockNews.com and Investorideas.com
Sunday, May 16, 2010
Buy Energy Infrastructure and Real Estate at Distressed Prices Now
(Investorideas.com energy newswire) Investorideas.com issues energy stocks and market commentary from energy executive Karl Miller, May17th .
Follow Karl Miller at Investorideas.com
http://www.naturalgasstocks.com/Karl_Miller/
Karl Miller:
This is the bottom line on Net Worth Accumulation and Wealth Transfer over generations:
"You will be judged by the amount of money in your wallet and thus dictates you must own hard assets: Energy Infrastructure and Real Estate to accumulate True Net Worth".
The "Landlord" always wins and the servants always lose! It has been this was since the beginning of recorded human records.
All other investment activities and classes are effectively "losers" over the long term.
Investors must learn from history and when the market gives them a rare, very rare in current market conditions, opportunity to acquire Energy Infrastructure Asset companies and effectively Real Estate very cheap, investors should capitalize on it promptly. Do not buy mutual funds and exchange traded funds at this time. Now is the time to invest directly in high quality Energy companies at deep discounts and distressed real estate on a regional basis directly from financial institutions.
Fortunes were made buying such assets as recently as the late 1980's Bank crisis in the US and I stake my professional reputation and market credibility that the energy companies in my "Charitable Energy Stocks" portfolio, will never go to zero value or anywhere close, even BP, despite the clean up cost the company will incur in the Gulf of Mexico.
Winston Churchill once said to one of his adversaries in Parliament, "Sir, you are a modest man, with much to be modest about and a sheep in sheep's clothing".
Don't be a sheep to slaughter in this market, be an opportunistic investor and know how and when to invest in Energy companies and Real Estate at a discount, and become a landlord!
Karl Miller
______________________
Previous commentary ,”Did You Miss the Biggest Buying Opportunity in Energy, Thursday May 6, 2010” by energy executive Karl Miller was one of the most read articles on Investorideas.com.
Read the full article published May 6th at Investorideas.com:
http://www.naturalgasstocks.com/Karl_Miller/news/5071.asp
Mr. Miller is a globally recognized energy executive and institutional investor with a balance of both financial and energy sector expertise. Mr. Miller began his career on Wall Street during the 1980s and has an extensive background in banking, commodities trading and risk management.
Mr. Miller also published “You Must Be Invested in the U.S. Equity Markets: Overweight on Energy Producers and Utilities”
http://www.naturalgasstocks.com/Karl_Miller/news/5051.asp
For public interest I disclosed my model energy portfolio “Charitable Energy Stocks” on January 27, 2010. To see my model energy portfolio go to weblink:
http://www.naturalgasstocks.com/Karl_Miller/news/1281.asp
Follow Karl Millers market and energy commentary at
http://www.naturalgasstocks.com/Karl_Miller/
Mr. Miller has built, restructured and managed energy businesses for major public energy companies on several continents, including PG&E Corporation, Electricite de France, El Paso Energy, Enron Corporation and JPMorgan Chase.
Investors following the energy sector can also follow Karl Miller in the energy news RSS feed.
Subscribe here:
http://www.investorideas.com/RSS/feeds/Energy.xml
Energy Investors can research energy stocks with the natural gas stocks directory:
http://www.investorideas.com/Companies/NaturalGas/Stock_List.asp
The oil and gas stocks directory lists publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
http://www.investorideas.com/OGSN/stock_list.asp
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features 11 stock directories and investor newsletter, including an oil and gas stocks directory.
Join Investor Ideas in the 2010 Campaign - One Million Members Stronger - Learn more about becoming a member http://www.investorideas.com/membership/
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering investing in water, mining, renewable energy, energy, biotech, defense and global markets including China, India, Middle East and Australia. The website covers several sectors but has a focus on environment and water. Investorideas.com meets the needs of retail investors, public companies and entrepreneurs with unique tools and services ranging from stock directories, newsfeeds, funding directories and more.
Disclaimer: All content is the opinion of Karl Millerand,not that of Investorideas.com . Mr. Miller is not compensated for the creation of the published content. Investor Ideas sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Source - Investorideas.com /Karl Miller
Follow Investorideas.com on Twitter.com http://twitter.com/Investorideas
(Investorideas.com energy newswire) Investorideas.com issues energy stocks and market commentary from energy executive Karl Miller, May17th .
Follow Karl Miller at Investorideas.com
http://www.naturalgasstocks.com/Karl_Miller/
Karl Miller:
This is the bottom line on Net Worth Accumulation and Wealth Transfer over generations:
"You will be judged by the amount of money in your wallet and thus dictates you must own hard assets: Energy Infrastructure and Real Estate to accumulate True Net Worth".
The "Landlord" always wins and the servants always lose! It has been this was since the beginning of recorded human records.
All other investment activities and classes are effectively "losers" over the long term.
Investors must learn from history and when the market gives them a rare, very rare in current market conditions, opportunity to acquire Energy Infrastructure Asset companies and effectively Real Estate very cheap, investors should capitalize on it promptly. Do not buy mutual funds and exchange traded funds at this time. Now is the time to invest directly in high quality Energy companies at deep discounts and distressed real estate on a regional basis directly from financial institutions.
Fortunes were made buying such assets as recently as the late 1980's Bank crisis in the US and I stake my professional reputation and market credibility that the energy companies in my "Charitable Energy Stocks" portfolio, will never go to zero value or anywhere close, even BP, despite the clean up cost the company will incur in the Gulf of Mexico.
Winston Churchill once said to one of his adversaries in Parliament, "Sir, you are a modest man, with much to be modest about and a sheep in sheep's clothing".
Don't be a sheep to slaughter in this market, be an opportunistic investor and know how and when to invest in Energy companies and Real Estate at a discount, and become a landlord!
Karl Miller
______________________
Previous commentary ,”Did You Miss the Biggest Buying Opportunity in Energy, Thursday May 6, 2010” by energy executive Karl Miller was one of the most read articles on Investorideas.com.
Read the full article published May 6th at Investorideas.com:
http://www.naturalgasstocks.com/Karl_Miller/news/5071.asp
Mr. Miller is a globally recognized energy executive and institutional investor with a balance of both financial and energy sector expertise. Mr. Miller began his career on Wall Street during the 1980s and has an extensive background in banking, commodities trading and risk management.
Mr. Miller also published “You Must Be Invested in the U.S. Equity Markets: Overweight on Energy Producers and Utilities”
http://www.naturalgasstocks.com/Karl_Miller/news/5051.asp
For public interest I disclosed my model energy portfolio “Charitable Energy Stocks” on January 27, 2010. To see my model energy portfolio go to weblink:
http://www.naturalgasstocks.com/Karl_Miller/news/1281.asp
Follow Karl Millers market and energy commentary at
http://www.naturalgasstocks.com/Karl_Miller/
Mr. Miller has built, restructured and managed energy businesses for major public energy companies on several continents, including PG&E Corporation, Electricite de France, El Paso Energy, Enron Corporation and JPMorgan Chase.
Investors following the energy sector can also follow Karl Miller in the energy news RSS feed.
Subscribe here:
http://www.investorideas.com/RSS/feeds/Energy.xml
Energy Investors can research energy stocks with the natural gas stocks directory:
http://www.investorideas.com/Companies/NaturalGas/Stock_List.asp
The oil and gas stocks directory lists publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
http://www.investorideas.com/OGSN/stock_list.asp
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features 11 stock directories and investor newsletter, including an oil and gas stocks directory.
Join Investor Ideas in the 2010 Campaign - One Million Members Stronger - Learn more about becoming a member http://www.investorideas.com/membership/
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering investing in water, mining, renewable energy, energy, biotech, defense and global markets including China, India, Middle East and Australia. The website covers several sectors but has a focus on environment and water. Investorideas.com meets the needs of retail investors, public companies and entrepreneurs with unique tools and services ranging from stock directories, newsfeeds, funding directories and more.
Disclaimer: All content is the opinion of Karl Millerand,not that of Investorideas.com . Mr. Miller is not compensated for the creation of the published content. Investor Ideas sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Source - Investorideas.com /Karl Miller
Follow Investorideas.com on Twitter.com http://twitter.com/Investorideas
Saturday, May 15, 2010
Investorideas.com - Energy Stocks: Trading Alert on Williams Companies (NYSE: WMB)
Investorideas.com - Energy Stocks: Trading Alert on Williams Companies (NYSE: WMB)
May 14, 2010
On January 14, 2010, Mr. Miller published analysis titled "Natural Gas Pipelines: Some Get It and Some Don't" and issued a Buy opinion for Williams Companies (NYSE: WMB).
In his opinion, Mr. Miller cited that he believed WMB management and Board of Directors had been appropriately overhauled WMB, gotten its combined act together after years of languishing and put serious focus on its two core businesses; I) transporting natural gas on its mainline pipes and; II) natural gas exploration and production, with very stated high drilling success rates.
Highlights of WMB announced restructurings announced January 19, 2010 include:
Williams to modify and accelerate its MLP strategy; contribute its premier interstate gas pipeline, domestic midstream assets and interests to Williams Partners in $12 billion restructuring
Williams Partners to become leading diversified MLP with approximately $2 billion of 2010 segment profit plus DD&A (forecast pro-forma) and strong growth outlook
Williams to own approximately 80% of new, much larger Williams Partners, up from 24% of current partnership
New structure to significantly enhance growth prospects for both Williams and Williams Partners:
New self-funding Williams Partners will have reliable access to capital markets, lower capital costs, and greater ability to pursue development projects and acquisitions; expects investment-grade credit ratings
Williams can allocate more capital to exploration and production business for growth and diversification; expects to retain investment-grade credit ratings
Williams' previous '09-'11 recurring guidance is unchanged; Williams Partners announces distribution increase, 2010-11 guidance with '09 guidance unchanged
Following the restructuring and per the Company, most of Williams€™ interstate gas pipeline assets are owned by Williams Partners L.P. (NYSE:WPZ), one of the largest energy master limited partnerships in the country. Williams owns 84 percent of Williams Partners, including the controlling general partner interest, which provides WMB with a healthy and steady cash flow stream to utilize for their core oil and gas production business.
full article : http://www.naturalgasstocks.com/Karl_Miller/news/5141.asp
May 14, 2010
On January 14, 2010, Mr. Miller published analysis titled "Natural Gas Pipelines: Some Get It and Some Don't" and issued a Buy opinion for Williams Companies (NYSE: WMB).
In his opinion, Mr. Miller cited that he believed WMB management and Board of Directors had been appropriately overhauled WMB, gotten its combined act together after years of languishing and put serious focus on its two core businesses; I) transporting natural gas on its mainline pipes and; II) natural gas exploration and production, with very stated high drilling success rates.
Highlights of WMB announced restructurings announced January 19, 2010 include:
Williams to modify and accelerate its MLP strategy; contribute its premier interstate gas pipeline, domestic midstream assets and interests to Williams Partners in $12 billion restructuring
Williams Partners to become leading diversified MLP with approximately $2 billion of 2010 segment profit plus DD&A (forecast pro-forma) and strong growth outlook
Williams to own approximately 80% of new, much larger Williams Partners, up from 24% of current partnership
New structure to significantly enhance growth prospects for both Williams and Williams Partners:
New self-funding Williams Partners will have reliable access to capital markets, lower capital costs, and greater ability to pursue development projects and acquisitions; expects investment-grade credit ratings
Williams can allocate more capital to exploration and production business for growth and diversification; expects to retain investment-grade credit ratings
Williams' previous '09-'11 recurring guidance is unchanged; Williams Partners announces distribution increase, 2010-11 guidance with '09 guidance unchanged
Following the restructuring and per the Company, most of Williams€™ interstate gas pipeline assets are owned by Williams Partners L.P. (NYSE:WPZ), one of the largest energy master limited partnerships in the country. Williams owns 84 percent of Williams Partners, including the controlling general partner interest, which provides WMB with a healthy and steady cash flow stream to utilize for their core oil and gas production business.
full article : http://www.naturalgasstocks.com/Karl_Miller/news/5141.asp
Friday, May 14, 2010
Investorideas.com - Energy Stocks: Trading Alert on Williams Companies (NYSE: WMB)
Investorideas.com - Energy Stocks: Trading Alert on Williams Companies (NYSE: WMB)
Energy Stocks: Trading Alert on Williams Companies (NYSE: WMB)
Energy Commentary from Karl Miller - Read Bio and More info
Subscribe: Investorideas.com Energy Newswire: http://www.investorideas.com/RSS/feeds/Energy.xml
May 14, 2010
On January 14, 2010, Mr. Miller published analysis titled "Natural Gas Pipelines: Some Get It and Some Don't" and issued a Buy opinion for Williams Companies (NYSE: WMB).
In his opinion, Mr. Miller cited that he believed WMB management and Board of Directors had been appropriately overhauled WMB, gotten its combined act together after years of languishing and put serious focus on its two core businesses; I) transporting natural gas on its mainline pipes and; II) natural gas exploration and production, with very stated high drilling success rates.
Highlights of WMB announced restructurings announced January 19, 2010 include:
Williams to modify and accelerate its MLP strategy; contribute its premier interstate gas pipeline, domestic midstream assets and interests to Williams Partners in $12 billion restructuring
Williams Partners to become leading diversified MLP with approximately $2 billion of 2010 segment profit plus DD&A (forecast pro-forma) and strong growth outlook
Williams to own approximately 80% of new, much larger Williams Partners, up from 24% of current partnership
New structure to significantly enhance growth prospects for both Williams and Williams Partners:
New self-funding Williams Partners will have reliable access to capital markets, lower capital costs, and greater ability to pursue development projects and acquisitions; expects investment-grade credit ratings
Williams can allocate more capital to exploration and production business for growth and diversification; expects to retain investment-grade credit ratings
Williams' previous '09-'11 recurring guidance is unchanged; Williams Partners announces distribution increase, 2010-11 guidance with '09 guidance unchanged
Following the restructuring and per the Company, most of Williams€™ interstate gas pipeline assets are owned by Williams Partners L.P. (NYSE:WPZ), one of the largest energy master limited partnerships in the country. Williams owns 84 percent of Williams Partners, including the controlling general partner interest, which provides WMB with a healthy and steady cash flow stream to utilize for their core oil and gas production business.
Highlights of Williams Partners L.P. are as follows:
Average Recommendation: OVERWEIGHT
Average Target Price: 44.00 Number of Ratings: 7
Current Quarters Estimate: 0.76
FY Report Date: 12 / 2010
Current Year's Estimate: 3.16
Last Quarter's Earnings: 0.61
PE on CY Estimate: 12.64
Year Ago Earnings: 2.88
Next Fiscal Year Estimate: 3.27
PE on Next FY Estimate: 12.21
Source: Marketwatch
Mr. Miller was clearly well ahead of the market in his analysis of the WMB restructuring, and now WMB is being rewarded by the leading market analyst with multiple upgrades, and the Company is rated a Buy across the board, while its MLP subsidiary WMZ is rated overweight, due to the restructuring, which released capital constraints and freed up a substantial amount of cash flow for both companies.
"WMB management has done a very good job of getting out in front of the market capital markets, having seen the writing on the wall that investors wanted the pipelines dropped into a separate Master Limited Partnership (WMZ), which would clean up the WMB balance sheet and allow the company to pursue joint ventures, discounted proven reserve acquisitions and put all of their operational focus on continued high drilling success rates in the U.S.", said Mr. Miller in discussions with him this morning.
"WMB is extremely cheap at the $21.38 per share at 9 times forward earnings (as of mid-day May 14, 2010), when compared to projected forward earnings of $2.38 per share management guidance for 2010. WMB should be trading in a $37 to $47 per share price range or 15 to 20 times earnings, respectively", Mr. Miller added.
Mr. Miller rates WMB is a strong buy, especially when you factor in the 84% ownership and dividend that is funneled up from WMZ.
full story
Investorideas.com - Energy Stocks: Trading Alert on Williams Companies (NYSE: WMB)
http://www.investorideas.com/companies/NaturalGas/Karl_Miller/news/5141.asp
Energy Stocks: Trading Alert on Williams Companies (NYSE: WMB)
Energy Commentary from Karl Miller - Read Bio and More info
Subscribe: Investorideas.com Energy Newswire: http://www.investorideas.com/RSS/feeds/Energy.xml
May 14, 2010
On January 14, 2010, Mr. Miller published analysis titled "Natural Gas Pipelines: Some Get It and Some Don't" and issued a Buy opinion for Williams Companies (NYSE: WMB).
In his opinion, Mr. Miller cited that he believed WMB management and Board of Directors had been appropriately overhauled WMB, gotten its combined act together after years of languishing and put serious focus on its two core businesses; I) transporting natural gas on its mainline pipes and; II) natural gas exploration and production, with very stated high drilling success rates.
Highlights of WMB announced restructurings announced January 19, 2010 include:
Williams to modify and accelerate its MLP strategy; contribute its premier interstate gas pipeline, domestic midstream assets and interests to Williams Partners in $12 billion restructuring
Williams Partners to become leading diversified MLP with approximately $2 billion of 2010 segment profit plus DD&A (forecast pro-forma) and strong growth outlook
Williams to own approximately 80% of new, much larger Williams Partners, up from 24% of current partnership
New structure to significantly enhance growth prospects for both Williams and Williams Partners:
New self-funding Williams Partners will have reliable access to capital markets, lower capital costs, and greater ability to pursue development projects and acquisitions; expects investment-grade credit ratings
Williams can allocate more capital to exploration and production business for growth and diversification; expects to retain investment-grade credit ratings
Williams' previous '09-'11 recurring guidance is unchanged; Williams Partners announces distribution increase, 2010-11 guidance with '09 guidance unchanged
Following the restructuring and per the Company, most of Williams€™ interstate gas pipeline assets are owned by Williams Partners L.P. (NYSE:WPZ), one of the largest energy master limited partnerships in the country. Williams owns 84 percent of Williams Partners, including the controlling general partner interest, which provides WMB with a healthy and steady cash flow stream to utilize for their core oil and gas production business.
Highlights of Williams Partners L.P. are as follows:
Average Recommendation: OVERWEIGHT
Average Target Price: 44.00 Number of Ratings: 7
Current Quarters Estimate: 0.76
FY Report Date: 12 / 2010
Current Year's Estimate: 3.16
Last Quarter's Earnings: 0.61
PE on CY Estimate: 12.64
Year Ago Earnings: 2.88
Next Fiscal Year Estimate: 3.27
PE on Next FY Estimate: 12.21
Source: Marketwatch
Mr. Miller was clearly well ahead of the market in his analysis of the WMB restructuring, and now WMB is being rewarded by the leading market analyst with multiple upgrades, and the Company is rated a Buy across the board, while its MLP subsidiary WMZ is rated overweight, due to the restructuring, which released capital constraints and freed up a substantial amount of cash flow for both companies.
"WMB management has done a very good job of getting out in front of the market capital markets, having seen the writing on the wall that investors wanted the pipelines dropped into a separate Master Limited Partnership (WMZ), which would clean up the WMB balance sheet and allow the company to pursue joint ventures, discounted proven reserve acquisitions and put all of their operational focus on continued high drilling success rates in the U.S.", said Mr. Miller in discussions with him this morning.
"WMB is extremely cheap at the $21.38 per share at 9 times forward earnings (as of mid-day May 14, 2010), when compared to projected forward earnings of $2.38 per share management guidance for 2010. WMB should be trading in a $37 to $47 per share price range or 15 to 20 times earnings, respectively", Mr. Miller added.
Mr. Miller rates WMB is a strong buy, especially when you factor in the 84% ownership and dividend that is funneled up from WMZ.
full story
Investorideas.com - Energy Stocks: Trading Alert on Williams Companies (NYSE: WMB)
http://www.investorideas.com/companies/NaturalGas/Karl_Miller/news/5141.asp
Tuesday, May 11, 2010
McDermott International (NYSE: MDR): The Best Kept Secret in the Energy Industry
May 12, 2010 ( Investorideas.com energy newswire ) Investorideas.com releases energy commentary from Karl Miller on McDermott International (NYSE: MDR):
Follow Karl Millers market and energy commentary at
http://www.naturalgasstocks.com/Karl_Miller/
It is common knowledge that the top of my conviction must own or buy list are Occidental Petroleum (OXY) an outstanding mid-cap integrated oil, gas and chemical producer; Chesapeake Energy (CHK) the premier acquirer, developer and producer of low cost shale gas with a world class set of integrated oil partners, and McDermott International (MDR) a company that primarily services U.S. Utility power generation fleet, performs U.S. government contract work, and services the oil and gas industry through fabrication and other non-drilling related operations, in addition to the balance of the disclosed energy portfolio.
For public interest I disclosed my model energy portfolio "Charitable Energy Stocks" on January 27, 2010. To see my model energy portfolio go to weblink: http://www.naturalgasstocks.com/Karl_Miller/news/1281.asp
However, I feel that one of my model companies, MDR, while being one of the highest rated buy stocks by Wall Street Energy Analysts, is completely misunderstood by the majority of the market and investors. So let’s dispel some fallacies and focus on the facts and more importantly, the real value of MDR, and why it is a “must own” energy stock.
The MDR Board of Directors, with shareholder approval, plan to spin-off the company into two (2) separate publicly traded companies in a spin-off of Babcock and Wilcox in a tax free transaction, which is targeted to be completed by the end of June 2010, a little over a month from now. The two companies will be owned 100% by the current MDR shareholders and operate under the following names and structure:
1) McDermott International which, per the Company will take on the name of J. Ray McDermott S.A. will continue to focus and lead the industry in Offshore Oil & Gas Construction segment provides engineering, construction, installation and project management services to offshore oil and gas field developments worldwide. They operate in most major offshore producing regions throughout the world, including the U.S. Gulf of Mexico, Mexico, the Middle East, India, the Caspian Sea and Asia Pacific. J. Ray McDermott, S.A. will employ approximately 16,000 people worldwide.
2) The Babcock & Wilcox Company ("B&W") per the Company is a leading technology innovator in power generation and a specialty manufacturer of nuclear components with a rich legacy spanning over 140 years. B&W designs, engineers, manufactures, and constructs power generation systems, primarily for large utility and industrial customers, as well as related aftermarket parts, services and environmental control systems. For its largest customer, the U.S. Government, B&W supplies nuclear components for defense programs and manages and operates nuclear facilities and environmental management sites. B&W, including its joint venture companies, employs over 15,000 people worldwide.
Now, while a tax free spin-off is always interesting, what is more interesting is the value inherent in the current consolidated MDR entity and the value creation and exposure to various sectors of the US and Global energy market the spin-off provides investors. Offshore Oil & Gas Construction segment provides engineering, construction, installation and project management services to offshore oil and gas field developments worldwide
Firstly, I can speak with authority on J. Ray McDermott, S.A. They are “Not” engaged any drilling or exploration activities. What they do is what we commonly refer to as “selling pick axes to the miners”, and collect a hefty fee for providing such services as Offshore Oil & Gas Construction segment provides engineering, construction, installation and project management services to offshore oil and gas field developments worldwide. Secondly, they double by being called in to repair any and all offshore oil and gas infrastructure problems, will go anywhere in the world, will take virtually any job for the right price, and trust me, they charge a fortune to mobilize and just to get their equipment on site, let alone start the daily billing for equipment, labor and insurance and other overhead, plus a health profit margin. Thirdly and most importantly, near and dear to everyone at the current time, they clean up, cap, and repair deep sea pipelines, flanges, and wellheads.
So if we use a home contractor example, one can look at J. Ray McDermott as the Builder/Contractor, interior trade worker who installs the plumbing, electrical, and HVAC, among other furnishings, and is also the Contractor that is called in to clean up fire and water damage. They have been doing this since the 1960’s, and are arguably the best in the business and as I said, will take virtually any job, anywhere in the world, as long as the Client is willing to pay the mobilization charges J.Ray charges, which the client always does, given the limited nature of competition in the sector.
Now, let’s look at B&W and what value they deliver to shareholders. They design, engineer, manufacture, and construct power generation systems, primarily for large utility and industrial customers, as well as related aftermarket parts, services and environmental control systems and their largest customer is the “U.S. Government”. Given the stability and lucrative nature of servicing the current U.S. Nuclear power generation fleet of power plants, and government facilities, B&W can be looked at as an annuity for shareholders, much like some of the top Master Limited Partnerships in the Oil and Gas Sector, like Kinder Morgan. They are going to deliver a steady, healthy stream of cash flow to investors each year, and the cash flow is expected to grow, especially as the U.S. Government becomes more involved in the development of future nuclear technology to replace the aging U.S. Nuclear generation fleet of power plants and the aging nuclear powered fleet of submarines, aircraft carriers and cruisers for the U.S. Navy. B&W also services and cleans up coal plants by installing “scrubbers” among other technology to capture and reduce the carbon emissions, among other services, such as cleaning the boiler piping and tubing, inherent in both nuclear and coal fired power plants.
So where does this leave shareholder who own MDR before and after the spin-off of B&W into a separately traded company. MDR is currently priced near $25/share in the market. Just on a stand-alone basis, MDR should be valued somewhere in the $30-$35/share price range on a combined cash flow multiple (EBITDA multiple) and a discounted cash flow model valuation, given the companies virtual monopoly in its respective business lines.
Now, if we take the sum of the parts analysis, and put an 8-10X EBITDA multiple on projected operating income per company plus organic growth, you are looking at a $9 billion enterprise value ,which using the approximate outstanding shares of 230,000,000 shares, yields a value of $40/share.
Conclusion: Compared with the current stock price of $25/share, I view MDR as undervalued by 60% on a consolidated and a spin-off basis. MDR post spin-off should provide the equivalent of $40/share within 12-24 months to investors and based upon the current share price, up to a 60% return on invested capital.
Follow Karl Millers market and energy commentary at
http://www.naturalgasstocks.com/Karl_Miller/
Mr. Miller is a globally recognized energy executive and institutional investor with a balance of both financial and energy sector expertise. Mr. Miller began his career on Wall Street during the 1980s and has an extensive background in banking, commodities trading and risk management.
Mr. Miller has built, restructured and managed energy businesses for major public energy companies on several continents, including PG&E Corporation, Electricite de France, El Paso Energy, Enron Corporation and JPMorgan Chase.
Investors following the energy sector can also follow Karl Miller in the energy news RSS feed. Subscribe here: http://www.investorideas.com/RSS/feeds/Energy.xml
Energy Investors can research energy stocks with the natural gas stocks directory:
http://www.investorideas.com/Companies/NaturalGas/Stock_List.asp
The oil and gas stocks directory lists publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
http://www.investorideas.com/OGSN/stock_list.asp
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Source – Investorideas.com/Karl Miller
May 12, 2010 ( Investorideas.com energy newswire ) Investorideas.com releases energy commentary from Karl Miller on McDermott International (NYSE: MDR):
Follow Karl Millers market and energy commentary at
http://www.naturalgasstocks.com/Karl_Miller/
It is common knowledge that the top of my conviction must own or buy list are Occidental Petroleum (OXY) an outstanding mid-cap integrated oil, gas and chemical producer; Chesapeake Energy (CHK) the premier acquirer, developer and producer of low cost shale gas with a world class set of integrated oil partners, and McDermott International (MDR) a company that primarily services U.S. Utility power generation fleet, performs U.S. government contract work, and services the oil and gas industry through fabrication and other non-drilling related operations, in addition to the balance of the disclosed energy portfolio.
For public interest I disclosed my model energy portfolio "Charitable Energy Stocks" on January 27, 2010. To see my model energy portfolio go to weblink: http://www.naturalgasstocks.com/Karl_Miller/news/1281.asp
However, I feel that one of my model companies, MDR, while being one of the highest rated buy stocks by Wall Street Energy Analysts, is completely misunderstood by the majority of the market and investors. So let’s dispel some fallacies and focus on the facts and more importantly, the real value of MDR, and why it is a “must own” energy stock.
The MDR Board of Directors, with shareholder approval, plan to spin-off the company into two (2) separate publicly traded companies in a spin-off of Babcock and Wilcox in a tax free transaction, which is targeted to be completed by the end of June 2010, a little over a month from now. The two companies will be owned 100% by the current MDR shareholders and operate under the following names and structure:
1) McDermott International which, per the Company will take on the name of J. Ray McDermott S.A. will continue to focus and lead the industry in Offshore Oil & Gas Construction segment provides engineering, construction, installation and project management services to offshore oil and gas field developments worldwide. They operate in most major offshore producing regions throughout the world, including the U.S. Gulf of Mexico, Mexico, the Middle East, India, the Caspian Sea and Asia Pacific. J. Ray McDermott, S.A. will employ approximately 16,000 people worldwide.
2) The Babcock & Wilcox Company ("B&W") per the Company is a leading technology innovator in power generation and a specialty manufacturer of nuclear components with a rich legacy spanning over 140 years. B&W designs, engineers, manufactures, and constructs power generation systems, primarily for large utility and industrial customers, as well as related aftermarket parts, services and environmental control systems. For its largest customer, the U.S. Government, B&W supplies nuclear components for defense programs and manages and operates nuclear facilities and environmental management sites. B&W, including its joint venture companies, employs over 15,000 people worldwide.
Now, while a tax free spin-off is always interesting, what is more interesting is the value inherent in the current consolidated MDR entity and the value creation and exposure to various sectors of the US and Global energy market the spin-off provides investors. Offshore Oil & Gas Construction segment provides engineering, construction, installation and project management services to offshore oil and gas field developments worldwide
Firstly, I can speak with authority on J. Ray McDermott, S.A. They are “Not” engaged any drilling or exploration activities. What they do is what we commonly refer to as “selling pick axes to the miners”, and collect a hefty fee for providing such services as Offshore Oil & Gas Construction segment provides engineering, construction, installation and project management services to offshore oil and gas field developments worldwide. Secondly, they double by being called in to repair any and all offshore oil and gas infrastructure problems, will go anywhere in the world, will take virtually any job for the right price, and trust me, they charge a fortune to mobilize and just to get their equipment on site, let alone start the daily billing for equipment, labor and insurance and other overhead, plus a health profit margin. Thirdly and most importantly, near and dear to everyone at the current time, they clean up, cap, and repair deep sea pipelines, flanges, and wellheads.
So if we use a home contractor example, one can look at J. Ray McDermott as the Builder/Contractor, interior trade worker who installs the plumbing, electrical, and HVAC, among other furnishings, and is also the Contractor that is called in to clean up fire and water damage. They have been doing this since the 1960’s, and are arguably the best in the business and as I said, will take virtually any job, anywhere in the world, as long as the Client is willing to pay the mobilization charges J.Ray charges, which the client always does, given the limited nature of competition in the sector.
Now, let’s look at B&W and what value they deliver to shareholders. They design, engineer, manufacture, and construct power generation systems, primarily for large utility and industrial customers, as well as related aftermarket parts, services and environmental control systems and their largest customer is the “U.S. Government”. Given the stability and lucrative nature of servicing the current U.S. Nuclear power generation fleet of power plants, and government facilities, B&W can be looked at as an annuity for shareholders, much like some of the top Master Limited Partnerships in the Oil and Gas Sector, like Kinder Morgan. They are going to deliver a steady, healthy stream of cash flow to investors each year, and the cash flow is expected to grow, especially as the U.S. Government becomes more involved in the development of future nuclear technology to replace the aging U.S. Nuclear generation fleet of power plants and the aging nuclear powered fleet of submarines, aircraft carriers and cruisers for the U.S. Navy. B&W also services and cleans up coal plants by installing “scrubbers” among other technology to capture and reduce the carbon emissions, among other services, such as cleaning the boiler piping and tubing, inherent in both nuclear and coal fired power plants.
So where does this leave shareholder who own MDR before and after the spin-off of B&W into a separately traded company. MDR is currently priced near $25/share in the market. Just on a stand-alone basis, MDR should be valued somewhere in the $30-$35/share price range on a combined cash flow multiple (EBITDA multiple) and a discounted cash flow model valuation, given the companies virtual monopoly in its respective business lines.
Now, if we take the sum of the parts analysis, and put an 8-10X EBITDA multiple on projected operating income per company plus organic growth, you are looking at a $9 billion enterprise value ,which using the approximate outstanding shares of 230,000,000 shares, yields a value of $40/share.
Conclusion: Compared with the current stock price of $25/share, I view MDR as undervalued by 60% on a consolidated and a spin-off basis. MDR post spin-off should provide the equivalent of $40/share within 12-24 months to investors and based upon the current share price, up to a 60% return on invested capital.
Follow Karl Millers market and energy commentary at
http://www.naturalgasstocks.com/Karl_Miller/
Mr. Miller is a globally recognized energy executive and institutional investor with a balance of both financial and energy sector expertise. Mr. Miller began his career on Wall Street during the 1980s and has an extensive background in banking, commodities trading and risk management.
Mr. Miller has built, restructured and managed energy businesses for major public energy companies on several continents, including PG&E Corporation, Electricite de France, El Paso Energy, Enron Corporation and JPMorgan Chase.
Investors following the energy sector can also follow Karl Miller in the energy news RSS feed. Subscribe here: http://www.investorideas.com/RSS/feeds/Energy.xml
Energy Investors can research energy stocks with the natural gas stocks directory:
http://www.investorideas.com/Companies/NaturalGas/Stock_List.asp
The oil and gas stocks directory lists publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
http://www.investorideas.com/OGSN/stock_list.asp
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Source – Investorideas.com/Karl Miller
Sunday, May 02, 2010
Energy Stocks; Samson Oil & Gas Limited (ASX: SSN) (NYSE AMEX: SSN) Announces Share Placement and Share Purchase Plan to Raise up to A$8.4m
DENVER--(www.Investorideas.com energy newswire )--Samson Oil & Gas Limited (ASX: SSN) (NYSE AMEX: SSN) today announced that it has received binding commitments for a placement of 123,529,412 fully paid ordinary shares at a price of A$0.034 cents per share to raise A$4,200,000 before costs. Patersons Securities Limited (“Patersons”) acted as Lead Manager to the placement. The issue was heavily over subscribed during the book build process which was conducted during a trading halt in its ordinary shares on the Australian Securities Exchange and in its American Depositary Shares on the NYSE AMEX LLC.
Share Placement
The placement was made pursuant to Section 708 of the Corporations Act 2001 (Cth) and in accordance with Listing Rule 7.1 of the ASX Listing Rules.
Funds raised by the placement will be used to fund a drilling program on the Company's properties in the U.S. and to provide general working capital. The immediate Bakken drilling program will include three wells including the Gary #1-20H (SSN 37%) which is expected to spud on May 25th and will be followed by the Rodney #1-14H (SSN 26.3%) in August and the Earl #1-13H (SSN 31%) in September. In addition it is expected that the work over of the existing London Flats well and the drilling of the offset to that well will be undertaken in the next six months which will be the start of the evaluation of the company’s Niobrara acreage holding.
As part of the placement, the Company has received subscriptions for an offering in the United States of 1,966,400 American Depositary Shares ("ADSs") representing 39,328,000 ordinary shares. Each ADS represents 20 ordinary shares. The purchase price is US$0.6365 per ADS, which includes a fee of US$0.0075 per ADS payable to the depositary. The ADSs issued in the U.S. were issued pursuant to an effective shelf registration statement and prospectus supplement dated April 30, 2010.
The ordinary shares and ADSs comprised in the placement will rank pari passu in all respects with the Company's existing ordinary shares and ADSs.
The Australian share placement and U.S. offering do not require shareholder approval.
Share Purchase Plan
The Company also announces that it intends to offer a Share Purchase Plan (“SPP”) to all holders of the Company's ordinary shares. Shares will be offered to Australian resident shareholders at an issue price of A$0.034 each. Each shareholder as of the record date of May 18, 2010 will be entitled to subscribe for between 30,000 shares (for A$1,020) and 441,176 shares (for A$15,000) by selecting one of four prescribed tranches.
Concurrent with the SSP, the Company intends to pursue a rights offering in the U.S. which will enable its ADS holders to purchase additional ADSs at a price of $0.639 per ADS, which includes a fee of $0.01 per ADS payable to the depositary. Each holder of ADSs as of the record date of May 18, 2010, regardless of the number of ADSs held by such holder, will be entitled to purchase, by selecting one of four prescribed tranches, between 1,500 ADS (for US$958.50) and 22,058 ADS (for US$14,095.06).
Option or Warrant Holders
As part of its 2009 rights offering, the Company issued options and warrants which gave the holders the right to subscribe for either shares or ADS, depending on the holders' residency. In connection with the SPP and concurrent U.S. rights offering, holders of these securities will have 10 business days in which to convert the warrants or options so as to become a shareholder (or ADS holder) prior to the record date of May 18, 2010 and therefore be eligible to participate in the SPP or U.S. rights offering. If an option or warrant holder is already a shareholder, then the conversion or exercise would not be necessary to be eligible to participate in the SPP or U.S. rights offering. Holders of warrants in the U.S. who desire to exercise their warrants prior to the record date are urged to contact the Company's Chief Financial Officer, Robyn Lamont, no later than May 10, 2010 in order to ensure that the ADSs are issued pursuant to that exercise prior to the record date.
The expected timetable for the SPP and the U.S. rights offering is as follows:
Notice to optionholders and warrantholders of the SPP Monday, 3 May 2010
Record date under the SPP for existing shareholders Tuesday, 18 May 2010
Dispatch of SPP documentation to existing shareholders Wednesday, 19 May 2010
Opening date of SPP Thursday, 20 May 2010
Closing date of SPP Thursday, 10 June 2010
Allotment of SPP shares and dispatch of holding statements Wednesday, 16 June 2010
The SPP and U.S. rights offering will be conducted on the basis that the aggregate funds raised shall not exceed A$4.2 million (the “Authorized Maximum”). Accordingly, a maximum of 123,529,411 shares (or 6,176,470 ADSs) may be issued under the SPP and U.S. rights offering.
The Company reserves the right to increase the Authorized Maximum to a level not greater than 30% of the Company's ordinary shares already on issue. If applications for shares and ADSs under the SPP and concurrent U.S. rights offering exceed the Authorized Maximum, acceptances will be scaled back on a pro rata basis.
The SPP is to be underwritten by Patersons to the extent of A$2,000,000.
The Company has previously filed a shelf registration statement (including a base prospectus) with the U.S. Securities and Exchange Commission (SEC), for the potential rights offering in the U.S. to which this communication relates. A prospectus supplement (together with the accompanying base prospectus, the “Prospectus”) will be filed on or about the commencement of the rights offering.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. When available, copies of the Prospectus relating to the ADSs may be obtained by contacting the Company’s Chief Financial Officer at 1726 Cole Blvd., Suite 210, Lakewood, Colorado 80401, or by email at robyn.lamont@samsonoilandgas.com. Shareholders and investors may also obtain the Prospectus and other documents filed by the Company in the U.S. for free by visiting EDGAR on the SEC website at www.sec.gov.
For Australian residents that require further information, please contact Denis Rakich, Company Secretary on +61 8 9220 9830 in Perth, Western Australia
For US residents that require further information please contact Robyn Lamont, Chief Financial Officer on +1 303 524 3360 in Denver, Colorado.
For and on behalf of the board of
SAMSON OIL & GAS LIMITED
TERRY BARR
Managing Director
Forward-Looking Statements
Forward-looking statements in this announcement are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, Samson’s expectations and estimates about future events, including plans to launch and contemplated timing and terms of an Australian SPP and U.S. rights offering and the intended use of the net proceeds of the Australian placement and U.S. offering. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual events or results may differ materially from those contained in the forward-looking statements due to a variety of factors, including without limitation, volatility in U.S. and global capital markets, changes in the price of oil and natural gas and uncertainties inherent in estimating the timing and results of exploration activities. Other risk factors are discussed in the registration statement, prospectus supplement relating to the contemplated U.S. offering and Samson’s other filings with the Securities and Exchange Commission (“SEC”) (which may be viewed on the SEC’s website at http://www.sec.gov). These documents contain and identify important factors that could cause the actual results for Samson to differ materially from those contained in Samson’s forward-looking statements. Although Samson believes that the expectations reflected in the forward-looking statements are reasonable, Samson cannot guarantee future results, levels of activity, performance or achievements. Samson is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
_______________________________________
Research Energy stocks at http://www.investorideas.com/ and related energy portals
The full Bakken stocks directory, oil sands stock directory and full list of oil and gas stocks is available to investors at http://www.investorideas.com/OGSN/Stock_List.asp
The oil and gas stocks directory lists publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
DENVER--(www.Investorideas.com energy newswire )--Samson Oil & Gas Limited (ASX: SSN) (NYSE AMEX: SSN) today announced that it has received binding commitments for a placement of 123,529,412 fully paid ordinary shares at a price of A$0.034 cents per share to raise A$4,200,000 before costs. Patersons Securities Limited (“Patersons”) acted as Lead Manager to the placement. The issue was heavily over subscribed during the book build process which was conducted during a trading halt in its ordinary shares on the Australian Securities Exchange and in its American Depositary Shares on the NYSE AMEX LLC.
Share Placement
The placement was made pursuant to Section 708 of the Corporations Act 2001 (Cth) and in accordance with Listing Rule 7.1 of the ASX Listing Rules.
Funds raised by the placement will be used to fund a drilling program on the Company's properties in the U.S. and to provide general working capital. The immediate Bakken drilling program will include three wells including the Gary #1-20H (SSN 37%) which is expected to spud on May 25th and will be followed by the Rodney #1-14H (SSN 26.3%) in August and the Earl #1-13H (SSN 31%) in September. In addition it is expected that the work over of the existing London Flats well and the drilling of the offset to that well will be undertaken in the next six months which will be the start of the evaluation of the company’s Niobrara acreage holding.
As part of the placement, the Company has received subscriptions for an offering in the United States of 1,966,400 American Depositary Shares ("ADSs") representing 39,328,000 ordinary shares. Each ADS represents 20 ordinary shares. The purchase price is US$0.6365 per ADS, which includes a fee of US$0.0075 per ADS payable to the depositary. The ADSs issued in the U.S. were issued pursuant to an effective shelf registration statement and prospectus supplement dated April 30, 2010.
The ordinary shares and ADSs comprised in the placement will rank pari passu in all respects with the Company's existing ordinary shares and ADSs.
The Australian share placement and U.S. offering do not require shareholder approval.
Share Purchase Plan
The Company also announces that it intends to offer a Share Purchase Plan (“SPP”) to all holders of the Company's ordinary shares. Shares will be offered to Australian resident shareholders at an issue price of A$0.034 each. Each shareholder as of the record date of May 18, 2010 will be entitled to subscribe for between 30,000 shares (for A$1,020) and 441,176 shares (for A$15,000) by selecting one of four prescribed tranches.
Concurrent with the SSP, the Company intends to pursue a rights offering in the U.S. which will enable its ADS holders to purchase additional ADSs at a price of $0.639 per ADS, which includes a fee of $0.01 per ADS payable to the depositary. Each holder of ADSs as of the record date of May 18, 2010, regardless of the number of ADSs held by such holder, will be entitled to purchase, by selecting one of four prescribed tranches, between 1,500 ADS (for US$958.50) and 22,058 ADS (for US$14,095.06).
Option or Warrant Holders
As part of its 2009 rights offering, the Company issued options and warrants which gave the holders the right to subscribe for either shares or ADS, depending on the holders' residency. In connection with the SPP and concurrent U.S. rights offering, holders of these securities will have 10 business days in which to convert the warrants or options so as to become a shareholder (or ADS holder) prior to the record date of May 18, 2010 and therefore be eligible to participate in the SPP or U.S. rights offering. If an option or warrant holder is already a shareholder, then the conversion or exercise would not be necessary to be eligible to participate in the SPP or U.S. rights offering. Holders of warrants in the U.S. who desire to exercise their warrants prior to the record date are urged to contact the Company's Chief Financial Officer, Robyn Lamont, no later than May 10, 2010 in order to ensure that the ADSs are issued pursuant to that exercise prior to the record date.
The expected timetable for the SPP and the U.S. rights offering is as follows:
Notice to optionholders and warrantholders of the SPP Monday, 3 May 2010
Record date under the SPP for existing shareholders Tuesday, 18 May 2010
Dispatch of SPP documentation to existing shareholders Wednesday, 19 May 2010
Opening date of SPP Thursday, 20 May 2010
Closing date of SPP Thursday, 10 June 2010
Allotment of SPP shares and dispatch of holding statements Wednesday, 16 June 2010
The SPP and U.S. rights offering will be conducted on the basis that the aggregate funds raised shall not exceed A$4.2 million (the “Authorized Maximum”). Accordingly, a maximum of 123,529,411 shares (or 6,176,470 ADSs) may be issued under the SPP and U.S. rights offering.
The Company reserves the right to increase the Authorized Maximum to a level not greater than 30% of the Company's ordinary shares already on issue. If applications for shares and ADSs under the SPP and concurrent U.S. rights offering exceed the Authorized Maximum, acceptances will be scaled back on a pro rata basis.
The SPP is to be underwritten by Patersons to the extent of A$2,000,000.
The Company has previously filed a shelf registration statement (including a base prospectus) with the U.S. Securities and Exchange Commission (SEC), for the potential rights offering in the U.S. to which this communication relates. A prospectus supplement (together with the accompanying base prospectus, the “Prospectus”) will be filed on or about the commencement of the rights offering.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. When available, copies of the Prospectus relating to the ADSs may be obtained by contacting the Company’s Chief Financial Officer at 1726 Cole Blvd., Suite 210, Lakewood, Colorado 80401, or by email at robyn.lamont@samsonoilandgas.com. Shareholders and investors may also obtain the Prospectus and other documents filed by the Company in the U.S. for free by visiting EDGAR on the SEC website at www.sec.gov.
For Australian residents that require further information, please contact Denis Rakich, Company Secretary on +61 8 9220 9830 in Perth, Western Australia
For US residents that require further information please contact Robyn Lamont, Chief Financial Officer on +1 303 524 3360 in Denver, Colorado.
For and on behalf of the board of
SAMSON OIL & GAS LIMITED
TERRY BARR
Managing Director
Forward-Looking Statements
Forward-looking statements in this announcement are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, Samson’s expectations and estimates about future events, including plans to launch and contemplated timing and terms of an Australian SPP and U.S. rights offering and the intended use of the net proceeds of the Australian placement and U.S. offering. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual events or results may differ materially from those contained in the forward-looking statements due to a variety of factors, including without limitation, volatility in U.S. and global capital markets, changes in the price of oil and natural gas and uncertainties inherent in estimating the timing and results of exploration activities. Other risk factors are discussed in the registration statement, prospectus supplement relating to the contemplated U.S. offering and Samson’s other filings with the Securities and Exchange Commission (“SEC”) (which may be viewed on the SEC’s website at http://www.sec.gov). These documents contain and identify important factors that could cause the actual results for Samson to differ materially from those contained in Samson’s forward-looking statements. Although Samson believes that the expectations reflected in the forward-looking statements are reasonable, Samson cannot guarantee future results, levels of activity, performance or achievements. Samson is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
_______________________________________
Research Energy stocks at http://www.investorideas.com/ and related energy portals
The full Bakken stocks directory, oil sands stock directory and full list of oil and gas stocks is available to investors at http://www.investorideas.com/OGSN/Stock_List.asp
The oil and gas stocks directory lists publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
Subscribe to:
Posts (Atom)