The wells on this five-well pad:
The wells:
Other neighboring wells of interest:
Banks don't like losing money.
Once shale operators started showing severe debt issues, lending became an issue. That is an oft-repeated story.
That was also true of the battery industry a decade ago.
Now, hydrogen and the clean energy industry could be facing the same problem.
Good, bad, or indifferent, we all have our own worldviews.
But it's hard to to ignore this:
Valuations are extended, with FuelCell’s enterprise value-to-sales ratio sitting at 58 for the current fiscal year. That compares with 5.9 for Apple Inc. and 13 for Tesla Inc., according to data compiled by Bloomberg. They are fairly subdued however, when compared with the 113 EV-to-sales ratio FuelCell hit in 2000 or the 187 Ballard Power Systems Inc. reached the same year, amid an early version of today’s fuel-cell exuberance.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
From a June 27, 2020, posting:
In January, LG announced that it was considering options for an exit from the smartphone industry, "including sale, withdrawal and downsizing."
Though LG was once the world's third-largest smartphone maker and a sizeable competitor to Apple in the industry, the company's smartphone business has seen declining shipments and accrued losses of $4.5 billion over the past five years, leading to the need for an urgent re-evaluation of the division.
LG reportedly entered talks with Vietnam's Vingroup and automaker Volkswagen about purchasing the company's smartphone business, but negotiations did not lead to an agreement.
Although the decision has yet to be confirmed, industry insiders report that LG is now likely to shut down its smartphone business instead of selling it.
Active rigs:
| $61.55 | 3/22/2021 | 03/22/2020 | 03/22/2019 | 03/22/2018 | 03/22/2017 |
|---|---|---|---|---|---|
| Active Rigs | 15 | 51 | 68 | 60 | 48 |
One new permit:
Pipeline conversion proposal, from The Williston Herald:
The corridor for a 27-mile gathering line that Bridger Pipeline Company wants to convert to a 29.4-mile transmission line lies inside an area where North Dakota Geological Survey data who 17 landslides have previously occurred. The company answered numerous questions about the potential for landslides in the area, as well as changes it has made to its spill prevention program in light of the company’s spill history.
