The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
ETP's Coming Surge
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MICHAEL BLUM, Wells Fargo
(12/09/2010)
"ETP is currently transporting 60 MMcf/d of natural gas on its ETC Bobcat and Jarvisville pipelines in the Marcellus Shale. Management anticipates volumes on these pipelines could increase to 150 MMcf/d by the end of Q111. Management reiterated its intent to resume distribution growth in 2011 and expects to maintain a coverage ratio of approximately 1.05x at ETP. ETP remains bearish on natural gas prices and anticipates pricing could reach trough levels in 2011. Management noted the possibility of expanding capacity on the Phoenix Lateral (part of ETP's Transwestern pipeline) due to increased natural gas demand from power plants and LDCs. On the partnership's Tiger pipeline, ETP noted that 2.4 Bcf/d of capacity (includes 0.4 Bcf/d planned expansion) is sold under 10-15 year agreements. Notably, 1.0 Bcf/d of the total capacity is contracted by Chesapeake Energy Corp. (CHK). Management noted that ETE, if necessary, could subsidize future acquisitions on a one-off basis to augment accretion at ETP. Management continues to evaluate a potential merger of ETP/ETE." |
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More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >