LNGLF went to as high as $2.00 before closing at $1.89. Only...

LNGLF went to as high as $2.00 before closing at $1.89. Only 460k volume, with both buys and sells being almost equal at 200k a piece. Most sellers came near the end which happens to be when Brent oil also fell $2/barrel.

Patent news looks good for us. Also Schlumberger is the first oil company to release earnings since the oil crash. From what I read, they are increasing their next dividends from 40 cents to 50 cents. Their revenue rose 6% to 12.6 billion, and they earned $1.50/share above the $1.46/share analysts were expecting. They said due to the oil crash they will profit less this coming year, but will still profit. This should set the tone for the next oil companies to release earnings.