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Albert Alfonso  

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

    At the time, that was the only tweet out there. At least Hedgeye is consistent in disliking all upstream MLPs not named Linn.
    Apr 21, 2015. 08:58 AM | 6 Likes Like |Link to Comment
  • Kinder Morgan unit ordered to pay $171M over pipeline deal [View news story]
    The article from Bloomberg was updated since I initially read it. Earlier, it was only a blurb. It is now obvious that this lawsuit was from the time before KMI bought El Paso. However, a key point:


    "Investors in the El Paso partnership filed a derivative suit over deals involving the purchase of interests in natural-gas pipeline companies owned by the parent company from 2008 to 2010. At the time, El Paso controlled the partnership.
    ...

    Because the derivative case was filed against the partnership’s directors, the $171 million will be returned to that unit’s coffers."

    So, El Paso GP (owned by KMI since 2012) will pay $171M to El Paso Partners (owned by KMI since 2014). Talk about futility.
    Apr 20, 2015. 11:40 PM | 4 Likes Like |Link to Comment
  • LRR Energy cuts its quarterly distribution by 62% to $0.1875 [View news story]
    The bigger news is that VNR is buying them out.
    Apr 20, 2015. 11:32 PM | 1 Like Like |Link to Comment
  • Kinder Morgan: Looking For Growth Opportunities [View article]
    1712671,

    I do not think KMI wants E&P (oil and gas production) assets. They have a stated goal to focus 100% on fee-based, midstream, revenues sources.
    Apr 20, 2015. 10:13 PM | 7 Likes Like |Link to Comment
  • Kinder Morgan: Looking For Growth Opportunities [View article]
    alschroed,

    KMI has a very low cost of capital and would be foolish of them to hunker down right now. There are many distressed players out there that will be selling assets as soon as the cheap capital goes away.
    Apr 20, 2015. 10:12 PM | 5 Likes Like |Link to Comment
  • Kinder Morgan: Looking For Growth Opportunities [View article]
    If CHK were to make another midstream deal, it would be with Williams (WMB). They bought Access Midstream which was spun-off from CHK.
    Apr 20, 2015. 08:27 PM | 2 Likes Like |Link to Comment
  • Kinder Morgan unit ordered to pay $171M over pipeline deal [View news story]
    To add to my comment, both El Paso Partners and El Paso Corp are now part of KMI. Who would receive the damages? KMI would be paying itself.
    Apr 20, 2015. 08:18 PM | 13 Likes Like |Link to Comment
  • Kinder Morgan unit ordered to pay $171M over pipeline deal [View news story]
    Wow, that article is confusing. When did this transaction occur? Before or after KMI took over El Paso?
    Apr 20, 2015. 08:14 PM | 4 Likes Like |Link to Comment
  • Einhorn: GE's chicanery on earnings [View news story]
    GE still way outperformed Einhorn's Greenlight Capital in Q1...
    Apr 20, 2015. 05:22 PM | 7 Likes Like |Link to Comment
  • ONEOK: An Unwelcome Dividend Freeze [View article]
    Vandooman,

    OKE has ample dividend coverage according to new guidance. Maybe they are deferring some distributions from OKS to help them cover the gap? Either way, the lack of dividend growth is worrisome.
    Apr 20, 2015. 12:00 PM | 1 Like Like |Link to Comment
  • AT&T: The Mobile Pricing War Is Less Than A Threat Than You Might Think [View article]
    yieldway17,

    You make a fair point. We'll need to wait for the Q1 2015 reports to find out the full details. However, I am optimistic that ATT will not see that much of a hit. Sprint though...
    Apr 20, 2015. 11:21 AM | 2 Likes Like |Link to Comment
  • IBM May Cut Its EPS Forecast Again [View article]
    IBM is a struggling giant. They have failed to re-spark growth despite massive changes to their operations. Compare that to say MSFT or HPQ. Stock is cheap, but they need to turn things around ASAP. Maybe they should be sold for parts, probably would unlock 50%+ in value.
    Apr 20, 2015. 10:55 AM | 2 Likes Like |Link to Comment
  • New Residential hits new all-time high on positive coverage [View news story]
    NRZ has been a true winner. Plus dividends, total return is over 50% since the NCT spin-off. Could yield as much as 15% in 2015.
    Apr 20, 2015. 10:47 AM | Likes Like |Link to Comment
  • ONEOK: An Unwelcome Dividend Freeze [View article]
    BAC219,

    KMI over OKE, no doubt. Messing up guidance is a huge deal and makes me question management's competence. Rich Kinder has always beat guidance, in good years and bad.
    Apr 20, 2015. 10:42 AM | 5 Likes Like |Link to Comment
  • ONEOK: An Unwelcome Dividend Freeze [View article]
    rgperrin,

    I am not sure I agree. Stock picking has led me to beat the markets. Furthermore, in the case of OKE, they seemed to have over-promised and then started sandbagging to compensate.

    I feel misled since I added to my OKE holdings on the old guidance. At least my shares are in the green.

    As for FTR, when did they lie? They have been turning things around recently, recovered from the brink of insolvency, IMO.
    Apr 20, 2015. 10:11 AM | 1 Like Like |Link to Comment
COMMENTS STATS
2,396 Comments
3,486 Likes