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Albert Alfonso

 
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  • ONEOK: A Solid Choice For Dividend Growth [View article]
    6.5 swede,

    I am also surprised about the lack of coverage on OKE/OKS. They are a big, well managed, and have posted solid growth for years.
    Aug 21 01:15 PM | Likes Like |Link to Comment
  • ONEOK: A Solid Choice For Dividend Growth [View article]
    Clark,

    I have owned OKS since 2013 and only bought OKE after the spinoff of OGS. Both have provided outsized returns. Previously the yield on OKE was below my required level.
    Aug 21 01:13 PM | 1 Like Like |Link to Comment
  • Kinder Morgan Inc: A Solid Choice For Dividend Growth [View article]
    Roc999,

    The GP has in the past reduced or all together waived its IDR take for a few years. For example, the tanker deals announced late last year had this arrangement.

    The problem with this method is it only a band-aid fix. The merger/consolidation is a much better long-term solution.
    Aug 19 01:10 AM | Likes Like |Link to Comment
  • Pengrowth Energy: A 7% Yield With Long-Term Upside [View article]
    fmarco,

    Dividends and capex comes from FFO, not GAAP earnings. This is due to added back deprecation expenses. However, I think you knew that already.

    As for if the distributions is a return of capital, you'll need to ask a tax professional.

    Below is a link to PGH's IR site regarding dividends tax information:

    http://bit.ly/1r7yQaU
    Aug 12 06:06 PM | 2 Likes Like |Link to Comment
  • Pengrowth Energy: A 7% Yield With Long-Term Upside [View article]
    Nicholas,

    The Halloween Massacre, when many royalty trusts went bust. I feel for you if you were long back then. However, this event was a long time ago and is no longer that relevant to the discussion.
    Aug 12 05:55 PM | 2 Likes Like |Link to Comment
  • Pengrowth Energy: A 7% Yield With Long-Term Upside [View article]
    TK,

    Of all the stocks covered on SA, you think PGH is the one being "pumped"?

    News flash, I have been suggesting PGH since it was trading with a $4 handle and a near 10% yield. Lots of folks doubted that Lindbergh would get off the ground. Yet Phase 1 is near completion.
    Aug 12 05:52 PM | 5 Likes Like |Link to Comment
  • Kinder Morgan: Saying Goodbye To The MLPs [View article]
    pegdavis,

    Not all income is created equally.

    KMI will be paying you dividends, not distributions like KMP. A big difference.

    Furthermore, KMI will be retaining capital for future growth, something which KMP was unable to do without selling equity.
    Aug 12 07:02 AM | 3 Likes Like |Link to Comment
  • Kinder Morgan: Saying Goodbye To The MLPs [View article]
    darnoc111,

    KMI will be focusing on the midstream segment. I think they may shy away from acquiring public companies and instead focus on internal growth projects.
    Aug 11 02:40 PM | Likes Like |Link to Comment
  • Kinder Morgan: Saying Goodbye To The MLPs [View article]
    Charles,

    I sent you a reply to your PM.

    However, adding to your comment, I think you are spot on.

    KMP is past its rapid growth phase. Its focus should now be on smaller incremental growth projects. No need to continually dilute equity holders if you can organically grow the dividend 10% per year.
    Aug 11 11:00 AM | 1 Like Like |Link to Comment
  • Kinder Morgan: Saying Goodbye To The MLPs [View article]
    Arthur,

    Yes, that was a typo on my end. Should be fixed shortly. Thank you for catching it.
    Aug 11 10:22 AM | 1 Like Like |Link to Comment
  • Prospect Capital: A 12% Yield Trading Under NAV [View article]
    Ezrhino,

    The ATM program was stopped when the SEC reclassification issue started. It has yet restart as the stock price has stayed below NAV.
    Aug 8 10:34 AM | 2 Likes Like |Link to Comment
  • Linn Energy: A Look Inside The Recent Acquisition [View article]
    CF,

    The quarter was indeed strong. I should have an article out later on today with my thoughts.
    Aug 8 06:34 AM | 1 Like Like |Link to Comment
  • Linn Energy: A Look Inside The Recent Acquisition [View article]
    Chancer,

    LINE has made so many large transaction in such a short time that I felt that little disclaimer was necessary.

    The company is guiding DCF to well cover distributions for the second half of 2014.
    Aug 8 06:34 AM | 1 Like Like |Link to Comment
  • Pengrowth Energy: There Is No Need To Worry [View article]
    fmarcos,

    Judging from its earnings report, PGH is doing great. Lindbergh is on-track and production met guidance.

    As for the stock price, the market has sold off most high yielders and E&P's. PGH happens to be both. In addition, natural gas prices have collapsed.

    As for dig regarding "institutional investors", did you know PGH is mostly owned by Canadian institutions? Retail investors (in the US and Canada) are a small minority of the investor base.
    Aug 8 06:27 AM | 1 Like Like |Link to Comment
  • Vanguard Natural Resources: The Lackluster Coverage Ratio Remains A Concern [View article]
    Pablomike,

    Good catch.

    NGLs were down big. Since this production is almost entirely unhedged, VNR got slammed.
    Aug 7 04:28 AM | Likes Like |Link to Comment
COMMENTS STATS
1,360 Comments
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