maxgas
SonLoss
dai, al limite faremo un pareggio........Azz,,,,,con pmc 0.14 siamo fottuti MAX
ETC Natural Gas
- Creatore Discussione NEO_99
- Data di Inizio
maxgas
SonLoss
furia, metti un GUFO al posto dell'ORANGO......
mister gain
così non va' babbo natale
Mister neo
hai sbagliato a postare o sbaglio io a tradurre...?
.....droga per dimagrire testata nelle scimmie...???
Ahahah boh!
hai sbagliato a postare o sbaglio io a tradurre...?
.....droga per dimagrire testata nelle scimmie...???
Ahahah boh!
NEO_99
Forumer storico
Nov. 9 (Bloomberg) -- TPG Capital, the private-equity firm run by David Bonderman, committed as much as $1 billion to buy and operate conventional natural-gas fields in partnership with Dan Allen Hughes Jr. and Thomas M. Hart III.
The new company, Maverick American Natural Gas, will acquire North American gas fields at a time when “other companies divest them to raise capital,” Hart said today in a statement.
Gas futures have fallen almost 70 percent to average $4.14 a million British thermal units this year on the New York Mercantile Exchange from a peak of $13.69 on July 2, 2008. The decline reflects the impact of the economic slowdown and a 15 percent increase in energy demand and production, according to the Energy Department. The U.S. government yesterday lowered its forecasts for 2011 production, price and gas consumption.
TPG, based in Fort Worth, Texas, and rival private-equity firms including KKR & Co. and Blackstone Group LP are increasing gas investments in anticipation prices will rise as the gap to the cost of oil narrows. The firms are raising money to buy mature oil and gas fields that energy companies are shedding to finance new exploration.
“It’s a price bet,” William Weidner, chief executive officer of Weidner Advisors, an oil and gas investment- consulting firm with offices in Boston and Houston, said in a telephone interview. “The strategy is to take advantage of what could be the bottom of the natural gas price cycle.”
Selling Oil Fields
The value of deals in the energy industry this year has climbed almost 75 percent from a year earlier to $22 billion, according to data compiled by Bloomberg. The value of global leveraged buyouts fell 33 percent to $23.2 billion in the third quarter from the second, as banks hesitated to finance deals amid Europe’s debt crisis and slowing U.S. economic growth.
Producers including Oklahoma-City based Chesapeake Energy Inc. have sold gas fields or stakes in gas fields to finance acquisition and drilling of deposits that yield oil, which is more valuable in current markets, and petroleum liquids, whose price is tied to the cost of oil. On an energy-equivalent basis, oil was worth 4.4 times more than gas at yesterday’s closing prices, well above the historic average.
Hughes, who is chairman of the San Antonio-based TPG Maverick venture, is also chief executive officer and president of Dan A. Hughes Co. and Hupecol Operating Company LLC., with more than 30 years in the exploration and production industry. Hart, who is president of the new venture, has worked in energy transactions for 20 years and was formerly with El Paso Corp.
KKR, Blackstone
TPG Capital and KKR led a 2007 acquisition of Energy Future Holdings Corp., then known as TXU Corp., in the largest buyout in history with a value of $43.2 billion.
Blackstone, the world’s biggest private-equity firm, is seeking as much as $3 billion for its first energy fund, people familiar with the New York-based firm’s plans said last month. It has raised commitments of $1 billion, President Tony James said an Oct. 20 conference call.
KKR this month hired energy-industry bankers Claire Scobee Farley and David Rockecharlie as it expands oil and gas investments. KKR is in exclusive talks to buy Samson Investment Co., a Tulsa, Oklahoma-based oil and gas producer, people with knowledge of the matter have said.
Earlier TPG energy bets include Alinta Energy Ltd., Beta Renewables, Belden & Blake Corp., Copano Energy LLC, Denbury Resources Inc., Greenko Group Plc, Hong Kong Energy Holdings Ltd., Northern Tier Energy LLC, Petro Harvester Oil & Gas LLC, Texas Genco Holdings Inc. and Valerus Compression Services Ltd.
The new company, Maverick American Natural Gas, will acquire North American gas fields at a time when “other companies divest them to raise capital,” Hart said today in a statement.
Gas futures have fallen almost 70 percent to average $4.14 a million British thermal units this year on the New York Mercantile Exchange from a peak of $13.69 on July 2, 2008. The decline reflects the impact of the economic slowdown and a 15 percent increase in energy demand and production, according to the Energy Department. The U.S. government yesterday lowered its forecasts for 2011 production, price and gas consumption.
TPG, based in Fort Worth, Texas, and rival private-equity firms including KKR & Co. and Blackstone Group LP are increasing gas investments in anticipation prices will rise as the gap to the cost of oil narrows. The firms are raising money to buy mature oil and gas fields that energy companies are shedding to finance new exploration.
“It’s a price bet,” William Weidner, chief executive officer of Weidner Advisors, an oil and gas investment- consulting firm with offices in Boston and Houston, said in a telephone interview. “The strategy is to take advantage of what could be the bottom of the natural gas price cycle.”
Selling Oil Fields
The value of deals in the energy industry this year has climbed almost 75 percent from a year earlier to $22 billion, according to data compiled by Bloomberg. The value of global leveraged buyouts fell 33 percent to $23.2 billion in the third quarter from the second, as banks hesitated to finance deals amid Europe’s debt crisis and slowing U.S. economic growth.
Producers including Oklahoma-City based Chesapeake Energy Inc. have sold gas fields or stakes in gas fields to finance acquisition and drilling of deposits that yield oil, which is more valuable in current markets, and petroleum liquids, whose price is tied to the cost of oil. On an energy-equivalent basis, oil was worth 4.4 times more than gas at yesterday’s closing prices, well above the historic average.
Hughes, who is chairman of the San Antonio-based TPG Maverick venture, is also chief executive officer and president of Dan A. Hughes Co. and Hupecol Operating Company LLC., with more than 30 years in the exploration and production industry. Hart, who is president of the new venture, has worked in energy transactions for 20 years and was formerly with El Paso Corp.
KKR, Blackstone
TPG Capital and KKR led a 2007 acquisition of Energy Future Holdings Corp., then known as TXU Corp., in the largest buyout in history with a value of $43.2 billion.
Blackstone, the world’s biggest private-equity firm, is seeking as much as $3 billion for its first energy fund, people familiar with the New York-based firm’s plans said last month. It has raised commitments of $1 billion, President Tony James said an Oct. 20 conference call.
KKR this month hired energy-industry bankers Claire Scobee Farley and David Rockecharlie as it expands oil and gas investments. KKR is in exclusive talks to buy Samson Investment Co., a Tulsa, Oklahoma-based oil and gas producer, people with knowledge of the matter have said.
Earlier TPG energy bets include Alinta Energy Ltd., Beta Renewables, Belden & Blake Corp., Copano Energy LLC, Denbury Resources Inc., Greenko Group Plc, Hong Kong Energy Holdings Ltd., Northern Tier Energy LLC, Petro Harvester Oil & Gas LLC, Texas Genco Holdings Inc. and Valerus Compression Services Ltd.
NEO_99
Forumer storico
si era una target possibile...ma lo inserivo nell'arco temporale di ottobre..
mo siamo a novembre e il mio timore che un clima mite ci avrebbe fatto fessi a novembre sembra in agguato..
mister gain
così non va' babbo natale
Cartucce in canna
e attendere
non ci sono altre opzioni
e attendere
non ci sono altre opzioni
NEO_99
Forumer storico
--Warm eastern U.S. temperatures linger
--EIA cuts demand outlook, lifts inventory forecast
--December gas futures stuck below $4/MMBtu
By David Bird Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Natural gas futures were trading down Wednesday, pressured by weak demand from lingering above-normal temperatures in the eastern half of the nation, and signs of growing oversupply.
National Weather Service forecasts through Nov. 22 call for above-normal temperatures in the east and below normal temperatures centered in the Four Corners region of the West.
Weak pre-winter demand and surging output levels continue to keep prices in check. Natural gas futures prices through March 2012 have failed to settle above $4 per million British thermal units so far this month, and traders said there is little reason to expect a quick change in that situation.
Natural gas for December delivery on the New York Mercantile Exchange was 5.5 cents lower at $3.690/MMBtu recently.
Market players are focused on the weekly natural gas storage survey due out Thursday from the Energy Information Administration. Analysts said it is expected to show that inventories rose by higher-than-normal levels in the week ended Nov. 4.
Expected near-term inventory gains would come as the EIA on Tuesday raised its forecast for end-year working gas in storage. The EIA now expects gas inventories to rise to 3.199 trillion cubic feet, up from 3.138 trillion in last month's estimate and 3% above the end-2010 level.
Jim Ritterbusch, president of Ritterbusch and Associates, said that level of inventory "would appear adequate to meet needs of even the coldest winter." He said prices are poised to drop to $3.60/MMBtu soon.
The EIA's consumption estimates were revised downward, to 69.88 billion cubic feet a day from 70.86 billion cubic feet a day, but 1.3% above a year ago.
Natural gas inventories dropped 2.266 trillion cubic feet between the end of October and the end of March last year, but the EIA is projecting the decline to be 12% less for this season. That would put stocks at a record end-March level of 1.809tcf, and up 14% from a year ago.
--EIA cuts demand outlook, lifts inventory forecast
--December gas futures stuck below $4/MMBtu
By David Bird Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Natural gas futures were trading down Wednesday, pressured by weak demand from lingering above-normal temperatures in the eastern half of the nation, and signs of growing oversupply.
National Weather Service forecasts through Nov. 22 call for above-normal temperatures in the east and below normal temperatures centered in the Four Corners region of the West.
Weak pre-winter demand and surging output levels continue to keep prices in check. Natural gas futures prices through March 2012 have failed to settle above $4 per million British thermal units so far this month, and traders said there is little reason to expect a quick change in that situation.
Natural gas for December delivery on the New York Mercantile Exchange was 5.5 cents lower at $3.690/MMBtu recently.
Market players are focused on the weekly natural gas storage survey due out Thursday from the Energy Information Administration. Analysts said it is expected to show that inventories rose by higher-than-normal levels in the week ended Nov. 4.
Expected near-term inventory gains would come as the EIA on Tuesday raised its forecast for end-year working gas in storage. The EIA now expects gas inventories to rise to 3.199 trillion cubic feet, up from 3.138 trillion in last month's estimate and 3% above the end-2010 level.
Jim Ritterbusch, president of Ritterbusch and Associates, said that level of inventory "would appear adequate to meet needs of even the coldest winter." He said prices are poised to drop to $3.60/MMBtu soon.
The EIA's consumption estimates were revised downward, to 69.88 billion cubic feet a day from 70.86 billion cubic feet a day, but 1.3% above a year ago.
Natural gas inventories dropped 2.266 trillion cubic feet between the end of October and the end of March last year, but the EIA is projecting the decline to be 12% less for this season. That would put stocks at a record end-March level of 1.809tcf, and up 14% from a year ago.
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