|
I agree with gator082 and here's why. From Rame's own earnings report. Unless the price of oil & gas and production goes up, I don't see how they can soar to new levels. They could actually drop based on these numbers.
The company’s realized price for oil fell 44% to an average of $65.74 per barrel in the third quarter of 2009, compared with last year’s third quarter average realized price of $116.81 per barrel. Similarly, the company’s realized price for natural gas declined 65% to an average of $3.10 per thousand cubic feet (Mcf) compared to an average of $8.85 per Mcf in the third quarter of 2008. In addition, the price of NGLs dropped 56%, averaging $28.84 per barrel for this year’s third quarter. The company’s 2% lower production combined with a 51% lower hydrocarbon price combined to reduce oil and gas sales by 52% to $25.9 million in the current quarter compared to oil and gas sales in the year-ago quarter. The impact from the fall in oil and gas sales was further exacerbated by net losses recorded from derivatives. Rating :
![]() ![]() ![]() ![]() (No ratings) |
|
|
Page
1
of about
1
First
| < Prev
| Next >
| Last
|
Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
|---|---|---|---|---|---|
|
For those who are long and to those who are non bashers...
|
drbrites | (1 Rating) | 4-Nov-09 02:30 pm | ||
|
I am long RAME hoping for $4 in a year.Earning com...
|
nathan71943... | Rate it | 4-Nov-09 02:49 pm | ||
|
drbrites, for the record, I have no interest in ba...
|
gatorman082 | (1 Rating) | 4-Nov-09 03:24 pm | ||
|
Wow...!, you called out a breakdown price?. I...
|
drbrites | (2 Ratings) | 5-Nov-09 02:11 am | ||
|
It appears you are too emotionally attac...
|
gatorman082 | Rate it | 5-Nov-09 02:53 pm | ||
|
Re: Next Move!?
|
oil_man0319 | Not rated | 5-Nov-09 03:18 pm | ||
|
Yahoo Finance News: TOP STORIES
Oil rises above $...
|
drbrites | (1 Rating) | 9-Nov-09 02:07 am | ||
|
Larry Lee is a good oil man, but the mo-jo fo...
|
mrbiglou1 | Rate it | 9-Nov-09 12:19 pm | ||
|
It was the deal for Ascent Energy in 200...
|
mrbiglou1 | Rate it | 9-Nov-09 12:24 pm | ||
|
are you kidding look at the stock up up ...
|
youarecluel... | Rate it | 9-Nov-09 12:25 pm | ||
|
Look at the Dec options almost $100 / b !!!!
|
rogerr27 | Rate it | 9-Nov-09 12:24 pm | ||
|
I have no idea what mrbiglo talking about?.
Can ...
|
drbrites | Rate it | 9-Nov-09 01:00 pm | ||
|
RAM Energy Resources, Inc.(NasdaqGM: RAME)
Real-T...
|
drbrites | Rate it | 9-Nov-09 01:02 pm | ||
|
The whole sector is up today. Most likely rel...
|
gatorman082 | Rate it | 9-Nov-09 03:14 pm | ||
|
Right now, it seems to dance to the tune of the ma...
|
drbrites | Rate it | 11-Nov-09 03:08 pm | ||
|
You sound like a sycophant drbrites. Is your...
|
miturbanesd... | Rate it | 12-Nov-09 11:42 am | ||
|
*********Suppose I say you are a scoundr...
|
drbrites | Rate it | 13-Nov-09 02:25 pm | ||
|
*********Suppose I say you are a scoundr...
|
drbrites | Rate it | 13-Nov-09 02:28 pm | ||
|
The best predictor of RAME at the moment appe...
|
diodia2000 | Rate it | 12-Nov-09 11:23 pm | ||
|
Thank you, atleast you had some useful i...
|
drbrites | Rate it | 13-Nov-09 02:26 pm | ||
|
Do not let RAME fool you. Look back ove...
|
diodia2000 | Rate it | 14-Nov-09 11:19 am | ||
|
Dear Board members, please report this guy
mi...
|
drbrites | Rate it | 16-Nov-09 03:26 am | ||
|
Drbrites, is it okay if someone disagrees wit...
|
scottishkin... | Rate it | 16-Nov-09 11:09 am | ||
|
What happens to Gator?, what is your take on the u...
|
drbrites | Rate it | 18-Nov-09 04:13 pm | ||
|
Drbrites, is it okay if someone disagrees wit...
|
miturbanesd... | Rate it | 19-Nov-09 01:43 pm | ||
|
BTW, a friendly tip. Check out HL, apology ac...
|
miturbanesd... | Rate it | 19-Nov-09 01:44 pm | ||
|
Oh, I am sorry, I did not bother to acce...
|
drbrites | Rate it | 14-Dec-09 02:34 pm |
|
Page
1
of about
1
First
| < Prev
| Next >
| Last
|
