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ASCENT RESOURCES: Gas flows mean cash flows to develop up to 15 wells


Petro Matad Share Chat (MATD)



Share Price: 6.75Bid: 6.50Ask: 7.00Change: 0.00 (0.00%)No Movement on Petro Matad
Spread: 0.50Spread as %: 7.69%Open: 6.75High: 6.75Low: 6.75Yesterday’s Close: 6.75


Share Discussion for Petro Matad


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HoofHated
Posts: 52
Off Topic
Opinion:No Opinion
Price:6.75
RE: RE: Norway not a big player
Fri 20:45
I have graphite Shares also....l suggest you dyor about the exponential growth expected in this technology....China's is leading the way way with enviromental legislations etc....Tesla has now surpases GM...Ford ...Honda...etc....yes, oil will be important for many years for many other things...however there is a 'shift' taking place....maybe another reason farm-in is difficult....the CEO of Shell resigned recently citing the future of Oil is a huge challenge for the oil industry....oil prices/middle east supply issues etc have already impacted on the industry and EV's are just starting....3+ years of dwiddling by BOD's may be the most costly for MATAD in this on coming EV era...
 
Manro
Posts: 976
Off Topic
Opinion:No Opinion
Price:6.75
RE: Norway not a big player
Fri 18:39
Yes, Ojay I am also a big supporter of new discoveries and fundamental technological breakthroughs. I even believe that Tesla made the greatest discovery on receiving unlimited electricity from the air. But, this discovery for some reason still remains an unknown mystery, which no one for some reason can neither prove nor disprove. Therefore, a quite reasonable question arises: what kind of new technological breakthroughs can be discussed if humanity has been unable for more than a hundred years to apply the discovery of the greatest scientist who revealed to us the secrets of the alternating current and gave to world the transformer?
Ojay
Posts: 1,066
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:6.75
View Thread (2)
RE: Norway not a big player
Fri 17:15
Manro: Clearly you are a cynic but - once again - absolutely correct.

Believe it or not: in the 1980's "experts" claimed that gasoline/mineral oil powered transport will soon come to an end. Almost 40 years later: Where do we stand? Investors betting on that one are probably no longer alive.

In 1999 "experts" claimed that everyday financial transactions of any sort would soon be mostly carried out via a smart phone. 17 years later we are - still - far from.

Conclusion: We all welcome the benefits of technological progress. The thing is however, even break-thru technologies take a lot more time to trickle down to reach the masses - a fact which is time and again misunderstood and underestimated.

My opinion: Before anyone invents an additive to plain water in order to fill people's gasonline/diesel fuel tanks the traditional Oil & Gas resources will remain to be what is has always been: One of those things most of the world cannot survive without.
Manro
Posts: 976
Off Topic
Opinion:No Opinion
Price:6.75
RE: Norway not a big player
Fri 15:55
Yes it's terrible! Already in a year there will be no need for oil. And all industrial, especially metallurgical and fuel-energy companies that use oil and gas will stop their production. And very soon we will learn that the scientists have found the way to receive absolutely free energy in unlimited volumes from space and even other planets. So, we all urgently need to sell all of our shares and wait for that happy moment. And because today these awful oil and gas are used in the production of everything we use, including our food. But, I will probably not sell my shares. For what do I need tomorrow's happiness if I am already happy today, owning a lot of shares of Matad, the nearest future of which so bright!
All the best to true Matadors!
HoofHated
Posts: 52
Off Topic
Opinion:No Opinion
Price:6.75
RE: Norway not a big player
Fri 11:36
Mullins58
Posts: 2,369
Off Topic
Opinion:No Opinion
Price:6.75
Norway not a big player
Fri 06:37
Mullins58
Posts: 2,369
Off Topic
Opinion:No Opinion
Price:6.75
Oil Products
Fri 06:26
No need to worry for the foreseeable future.

EV's also need 4 times the copper then a ICE car.

http://alaska.conocophillips.com/what-we-do/oil-production/Pages/what-is-oil-used-for.aspx
2010PM
Posts: 595
Observation
Opinion:Strong Buy
Price:6.75
View Thread (2)
Should we be worried?
Fri 01:55
IB123 - - I don't think so as to put this in perspective the capitalisation of the oil majors sits as follows:

BP - Stg97Bn
Shell - Stg 182 Bn
Exxon- US$341BN
Total - Euro 118BN

So am not sure $29Bn is going to worry us too much over a period of time. To further put it into perspective this amounts to 4% of the capitalisation of the 4 listed. So to me say a 3% to 6% drop in price.

Any takers on this?

Good morning all. Hawk thanks for your thoughts - to me EOPS is doable and not that expensive. OJ, Manro, Paul, IB, Filet, Captain, Mullins, Tyro and terry - many thanks for your posts.

Keep them coming.

ATB and I hope great weekend to all.
HoofHated
Posts: 52
Off Topic
Opinion:No Opinion
Price:6.75
RE: Should we worried about this vi..
Thu 23:19
Lithium and cobalt stocks have gone ballistic this year....and graphite stocks now starting to move....all on the back of the EV and battery evolution. France and many other countries in Europe are legislatating to halt production of fossil fuel cars by 2030-40....She'll has just bought one of world's biggest EV charging component Co's to install in fuel outlets....another reason for BoD's to stop dwiddling and get drilling....the future of oil is a huge concern for the big producers atm
filetmignon
Posts: 28
Off Topic
Opinion:No Opinion
Price:6.75
RE: Should we worried about this vi..
Thu 20:24
Interesting lb123. Let’s find our oil first!




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