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Albert Alfonso  

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  • Vanguard Natural Resources Buys LRR Energy - Is It A Good Move? [View article]
    gawilley,

    Regarding PGH,

    I am sure if they would have known oil would have fallen 50% in weeks that the Lindbergh project would have been postponed. That being said, it is built already and no one is going to take that production away. Based on $10 per BOE reserves, PGH is worth ~$7.00. The market has clearly overreacted.

    As for VNR and VNRAP,

    The preferred units are "debt-like", so the distribution is their main appeal. IMO, they are too pricey compared to the common. Assuming forward strip pricing, VNR can easily cover its distribution going forward. If we get to $70 or $80 oil, the distribution will likely start getting raised.


    As for QRE/BBEP,

    You know my opinion on them. QRE got taken over by a weaker player. BBEP severely mismanaged its liquidity and got burned. Its a bad situation, though the worst is over.
    Apr 27, 2015. 12:25 PM | Likes Like |Link to Comment
  • CYS Investments Sets The Bar Pretty Low [View article]
    CYS made the right moves in Q1 and saw BV stay flat. I think the cautious approach paid off. No need to repeat 2013 and potentially see 10% Q/Q decline due to a surprise move (or implied move) by the Fed.
    Apr 23, 2015. 03:38 PM | 1 Like Like |Link to Comment
  • CYS Investments talks buybacks and the rate outlook in earnings fall [View news story]
    Telling comments from the CEO. CYS has 20%+ upside if it were not for the uncertainty with rates.
    Apr 23, 2015. 03:34 PM | 1 Like Like |Link to Comment
  • General Electric: Investor Sentiment Has Turned Bullish [View article]
    Anasazi101,

    GE still has a lot of shareholders who are underwater from way back when it had a 50+ PE ratio. Now that it is cheap, they hate it. Never understood that.

    Same thing applies to ATT, Ford, GM, C, BAC, and many others.
    Apr 23, 2015. 03:07 PM | Likes Like |Link to Comment
  • General Electric: The GE Capital Exit Is Moving Quickly [View article]
    FA,

    You can get SYF for your GE shares.

    Also, these asset sales are giving GE the cash needed to buyback stock and grow industrial earnings. These segments posted 16% growth in Q1 despite weakness in oil & gas.
    Apr 23, 2015. 03:04 PM | Likes Like |Link to Comment
  • AT&T Proves Its Doubters Wrong [View article]
    gawilley,

    The pessimism on this name was unbelievable. Ma Bell is worth holding for the income alone.
    Apr 23, 2015. 03:00 PM | 10 Likes Like |Link to Comment
  • AT&T Proves Its Doubters Wrong [View article]
    Stone Fox Capital,

    I have not seen any recent articles about T from you. Care to share your thoughts?

    My view is that the doom and gloom was overdone. Churn was at a record low. The Sprint/TMUS promotional activity did not have a material impact.
    Apr 23, 2015. 02:57 PM | 6 Likes Like |Link to Comment
  • Vanguard Natural Resources Buys LRR Energy - Is It A Good Move? [View article]
    User 8276831,

    As long as VNR generates positive DCF, the preferred distributions are fairly secure. Their value will fluctuate alongside VNRs debt.

    This deal is DCF accretive and will reduce pro-forma leverage, so it is a positive.
    Apr 23, 2015. 02:50 PM | 1 Like Like |Link to Comment
  • Linn Energy: The Distribution Could Be Heading Lower [View article]
    ziggyzig,

    The price of oil was ~$45 when this article was written. If we can hold $60, then I think the distribution will hold.
    Apr 23, 2015. 02:48 PM | 1 Like Like |Link to Comment
  • Analysts: Google's Fi service offers limited benefits for Sprint, T-Mobile [View news story]
    This is a gimmick by Google. One device supported, so-so pricing. A non-event for the carriers.
    Apr 22, 2015. 08:43 PM | 6 Likes Like |Link to Comment
  • Crude inventory builds more than expected [View news story]
    Look at the gasoline stockpiles. Refiners need to get their act together. Demand will skyrocket once summer hits. This is the first time in a long time gas at the pump will be cheap during a non-recession.
    Apr 22, 2015. 11:35 AM | 5 Likes Like |Link to Comment
  • Vanguard Natural Resources Buys LRR Energy - Is It A Good Move? [View article]
    Rawenergy,

    That seems like a bad move. There a quite a few MLPs which are quite undervalued now. This is not the best time to IPO one.
    Apr 22, 2015. 11:25 AM | 1 Like Like |Link to Comment
  • Kinder Morgan: A Futile Lawsuit [View article]
    Obi Wan,

    Typo has been fixed.

    As for KMR in a taxable account, you would have needed paid the taxes anyways when you sold. The extra shares were technically stock splits, so no increase in the cost basis.
    Apr 22, 2015. 11:13 AM | 1 Like Like |Link to Comment
  • Kinder Morgan: A Futile Lawsuit [View article]
    Founder,

    Yup, it seems like it was to increase the power of limited partners to a level more inline to shareholders.
    Apr 22, 2015. 11:11 AM | 1 Like Like |Link to Comment
  • ONEOK: An Unwelcome Dividend Freeze [View article]
    rgperrin,

    I think FTR's management started to worry about debt and hence the shift in focus. They've been able to since increase FCF and actually raised the dividend in 2014.
    Apr 22, 2015. 11:04 AM | Likes Like |Link to Comment
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