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1.  Re: What has happened? 
not convenient, just an oversight on my part... apologies. Given the debt level of PDC this was not a good comparison. Nevertheless, BRNC is not a well-situated company for a low nat gas...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   30-Nov-09 10:39 am
 
2.  Re: What has happened? 
well, natural gas prices have fallen, the quarter was awful as expected, but they took a big hit to book value for the Libya and Mexico JVs... The book value hit should not...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   24-Nov-09 11:50 am
 
3.  Re: CLR adding Rigs 
this from the WSJ on natural gas storage and supply in general: HOUSTON -- Natural gas futures ended lower Tuesday amid forecasts for mild weather and a supply glut that has...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   11-Nov-09 10:00 am
 
4.  Re: CLR adding Rigs 
analysts are often wrong... that's why it's better to focus on natural gas prices, industry fleet utilization, fleet quality (BRNC) and storage levels of natural gas. As for...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   9-Nov-09 03:56 pm
 
5.  Re: CLR adding Rigs 
well, nobody is predicting a strong economic recovery... all stocks will do well under that scenario, until the fd has to tighen of course. As for "full" storage... storage levels...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   9-Nov-09 12:04 am
 
6.  Re: At $8 under 4x peak earnings 
BTW, did you read the BRNC press release? Or read the transcript of the conference call? If you did you wouldn't be talking about $15 book value any more. Seems like it's closer to $11...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   8-Nov-09 05:54 pm
 
7.  Re: At $8 under 4x peak earnings 
I under estimated you... you do actually know something! Devon's reported net earnings include items of income and expense that are typically excluded by securities...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   8-Nov-09 05:43 pm
 
8.  Re: CLR adding Rigs 
the rig count is 1000 vs the peak of 2000+... adding rigs in the summer is typical in Northern states and Canada because of weather. Full storage keeps pri ces...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   6-Nov-09 08:20 pm
 
9.  Re: CLR adding Rigs 
most of the drilling in this country is for NATURAL GAS... not oil. Why do you think we import so much oil?!? How can you invest in this or any other oil service stock and not know that? At the peak there were 1600 or so...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   6-Nov-09 03:20 pm
 
10.  Re: CLR adding Rigs 
if the industry is adding rigs that is good, but it depends on the location of the rigs and the specifications of the rigs required...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   6-Nov-09 02:12 pm
 
11.  Re: At $8 under 4x peak earnings 
calling you stupid would be an insult to stupid people. BTW, in an environment where hedging is where hedges are falling off cash prices are...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   1-Nov-09 11:45 pm
 
12.  Re: At $8 under 4x peak earnings 
thanks for the explanation. Your logic is, as ever, internally consistent -- Forrest Gump would be proud: "stupid is as stupid does." So when does this up cycle begin for BRNC? WIth...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   30-Oct-09 09:26 am
 
13.  Re: At $8 under 4x peak earnings 
this is truly the most stupid thing you have ever written... which is saying a lot. I think you have the sign on that EPS number wrong. Firstcall has the estimate for 2009, 2010 and...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   28-Oct-09 12:00 pm
 
14.  Re: do you realize how difficult it is... 
well, it's nice to see someone on this board actually is in possession of a relevant fact... After months of ridiculous nonsense -- my favorite being the supposed $15 book value --a meaningful fact...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   28-Oct-09 11:56 am
 
15.  Re: Pritchard wants your shares! 
yes, this is how brokers dealers make money: tell their clients that pay them lots of money for research and trading support to SELL when their prop desk...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   5-Oct-09 02:46 am
 
16.  Re: I&&39;m a buyer again on any pull back below 6.50 
hmmm... why didn't you buy 4-8 weeks from 3.50 -4.50??
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   29-Sep-09 02:45 pm
 
17.  BRONCO ANNOUNCES DEAL!!! 
http://phx.corporate-ir.net/phoenix.zhtml?c=191804&p=irol-newsArticle_Print&ID=1333676&highlight= Not the deal the market was expecting, but it is a DEAL!!! 30mln in cash for 60% of Mexican JV, plus 3 more...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   21-Sep-09 10:48 am
 
18.  Re: EXPECTING A/H ANNOUNCEMENT 
really? Funny becuase Range Resources is an E&P company with major operation in the Marcellus Shale, as well Appalaichia and West Texas. No, I am not talking about their workover rigs, becuase...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   18-Sep-09 04:33 pm
 
19.  Re: EXPECTING A/H ANNOUNCEMENT 
gosh, I don't know, may be because the bid/ask is 5-15 cents! As for Libya, I wonder how many rigs BRNC has there now?? How about ZERO. Don't you think other companies with local...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   16-Sep-09 05:08 pm
 
20.  Re: EXPECTING A/H ANNOUNCEMENT 
that's complete BS, here is the latest rig staus report. http://phx.corporate-ir.net/phoenix.zhtml?c=191804&p=irol-newsArticle_Print&ID=1319291&highlight= 14 rigs working 9 under term contract, of which 7 ...
Business & Finance > Investments > Stocks (A to Z) > Stocks B  >  Bronco Drilling Co. Inc. (BRNC)
  stupiefiedbymb   16-Sep-09 11:40 am
 

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