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Akaralph

 
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  • Awilco Drilling: Hold This Attractive Dividend Payer Through 2015 [View article]
    adam -

    Think SDRL
    Dec 18, 2014. 11:18 AM | 1 Like Like |Link to Comment
  • Awilco Drilling: Hold This Attractive Dividend Payer Through 2015 [View article]
    While the dividend is "sustainable", that does not mean it will be "sustained". Check SDRL, a much larger and more stable company than Awilco.

    If you think a 45% yield is sustainable in today's offshore market then I have a bridge to sell to you.
    Dec 18, 2014. 10:08 AM | 4 Likes Like |Link to Comment
  • Why I'm Still Hopeful That Linn Energy Can Avoid A Distribution Cut [View article]
    hhmcdon-

    How many E&P companies do you know that can sustain a 30% yield?

    Look for, at the least a pretty decent cut.
    Dec 17, 2014. 05:33 PM | 4 Likes Like |Link to Comment
  • What Is Saudi Arabia Thinking? [View article]
    zachdog1-

    The risk is not bankruptcy. It is a significant reduction or elimination of the distribution. BBEP did this for a year in 2009.

    If you look at the debt/EBITDA ratios for both of these, they are well in excess of 4.00X. Plus Baird just lowered price targets on both significantly this AM>
    Dec 16, 2014. 01:46 PM | 3 Likes Like |Link to Comment
  • What Is Saudi Arabia Thinking? [View article]
    Saudi Arabia = ally?? Give me a break.

    Have you forgotten 9/11?

    15 of the 19 Islamic terrorists were Saudi's.

    Saudi Arabia is a nation that approves of, and sponsors terrorism - plain and simple.

    Nothing would please them better than our downfall.
    Dec 16, 2014. 01:10 PM | 14 Likes Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Is Panic In The Oil Patch Giving Us That Buy Signal? [View article]
    All gone!
    Dec 16, 2014. 09:33 AM | 1 Like Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Is Panic In The Oil Patch Giving Us That Buy Signal? [View article]
    George-

    Watch the tape - you will lose the amount of this distribution today.
    Dec 16, 2014. 09:27 AM | 1 Like Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Is Panic In The Oil Patch Giving Us That Buy Signal? [View article]
    Baird released the following E&P price targets this AM.

    MCEP - $5
    LNCO - $10
    LINE - $10
    LGCY - $9
    BBEP - $7
    VNR - $12

    Again, the author is addressing distributions that were set months ago.
    Dec 16, 2014. 09:22 AM | 1 Like Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Is Panic In The Oil Patch Giving Us That Buy Signal? [View article]
    The best tact to take here is to wait for the distribution announcements that are made in January. Then we will find out which E&P's and midstreams are truly in decent shape (at least for a quarter.).
    Dec 16, 2014. 08:39 AM | 1 Like Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Is Panic In The Oil Patch Giving Us That Buy Signal? [View article]
    George -

    The only jobs they care about are their own.

    By the way, if you are averaging down on BBEP and LINE today should be a great opportunity to throw more good money after bad.
    Dec 16, 2014. 08:20 AM | 1 Like Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Is Panic In The Oil Patch Giving Us That Buy Signal? [View article]
    Bob-

    Thanks, semi-retirement. I do not believe in retirement.
    Dec 15, 2014. 02:36 PM | 1 Like Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Is Panic In The Oil Patch Giving Us That Buy Signal? [View article]
    Bob-

    I stopped writing for SA close to a year ago. I think the quality of the articles which appear has declined markedly, far too many address penny stocks, and too many of the newer authors have little, or no idea what they are talking about.

    I haven't sold any MLP's - have held most for many years and the tax bite would not be appealing. I own mostly midstreams, but have long term positions in a few E&P's (which I am not happy about) - including BBEP, NSLP, MEMP and a bit of VNR.

    Want to increase holding in midstreams sometime in the future, particularly PAA, KMI, OKS, HEP, DPM and others.

    My recent purchases have been primarily in DSE (too soon), and I am looking at CBA - together these offer exposure to the best of breed midstreams.

    Glad you are still writing.
    Dec 15, 2014. 12:15 PM | 1 Like Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Is Panic In The Oil Patch Giving Us That Buy Signal? [View article]
    George -

    Our government does not believe that the greater good would be served through energy independence.

    Now if we were talking about the mythical "global warming" issue they would intervene in a heartbeat.
    Dec 15, 2014. 12:09 PM | 2 Likes Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Is Panic In The Oil Patch Giving Us That Buy Signal? [View article]
    All of the MLP E&P's have debt/EBITDA ratios in excess of 4.00X. You can buy as many as you wish, but all are now at serious risk of distribution cuts or elimination.

    The author's statement about BBEP, LINE etc. "paying distributions as promised" is true, except that these were declared months ago.

    All of the MLP's will declare new distributions during January, to be paid in February. It is foolish not to wait and see how the oil price decline will affect these announcements.

    How will "scaling in" be affected by across the board distribution reductions and/or suspensions (perhaps more likely)?
    Dec 15, 2014. 11:57 AM | 2 Likes Like |Link to Comment
  • DGI Retirees Buy When Others Are Fearful: Is Panic In The Oil Patch Giving Us That Buy Signal? [View article]
    Baltimore -

    There is one big difference between today's market and the 2008 - 2009 MLP debacle. In 2008 -2009 the entire market crashed.

    Today we have just the MLP's crashing. Imagine how low MLP unit prices would go if the market corrected 30% from here.

    This is NOT the time to be investing in E&P's or midstream MLP's. You need to wait and see what is going to happen. The markets are pricing in E&P distribution cuts or elimination. It is at best foolish to buy here!
    Dec 15, 2014. 11:28 AM | 1 Like Like |Link to Comment
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