TheStreet Search RSS Feed: Daniel Dicker

Forget About Fracking, the Gulf May Lead Oil Lower

Tue, 30 Apr 2013 06:00:00 EDT

NEW YORK (TheStreet) -- My reputation as a bear and short-seller are well-deserved. This is especially true in my opinion of energy prices. During the last year, I have become even more bearish in the wake of so many recoverable oil discoveries.

As a result of the media focus on the Bakken Shale formation occupying the midwestern part of the United States, you may believe North Dakota is the center of the shale energy universe. It's true that North Dakota's energy production is growing at an amazing pace, despite its relatively harsh winters and distance from population centers.

North Dakota oil production expanded enough to make the state the second largest crude oil producer in the nation. North Dakota and the related oil boom may make for exciting news stories; however, Texas not only maintains its leading role in energy production, but may soon expand its lead in production. ...

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Golden Enterprises Announces Quarterly Results

Thu, 20 Sep 2012 11:29:00 EDT

Golden Enterprises, Inc.’s (NASDAQ: GLDC) Board of Directors today declared a quarterly dividend of $.03125 per share payable October 31, 2012 to stockholders of record as of October 1, 2012.

Golden Enterprises, Inc. saw an increase in Net sales from the first quarter of 2012 to the first quarter of 2013 of 4%. Net sales for the first quarter were $34,683,455 compared to $33,245,190 for the same period in the prior year. Golden Enterprises was able to maintain .06 earnings per share in spite of rising selling, general, and administrative expenses, as well as continuing challenges with commodities. Commodity costs continue to be a concern going forward due to recent drought conditions affecting corn and refinery issues that have contributed to higher fuels costs. The Company was able to stabilize commodity supplies albeit at higher prices. Golden Enterprises continues to be focused on the future by investing back into the Company while producing quality snacks for our consumers. ...

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