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Albert Alfonso  

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  • Memorial Production Partners - Get Ready For A Q2 Rebound [View article]
    Galicia,

    Yup, it makes no sense that MEMP is down with oil at $60 per bbl. We were higher when oil was at $40 per bbl. I think MEMP needs to post one quarter with a strong coverage ratio for the distribution cut jitters to abate.
    Jun 23, 2015. 09:02 PM | 4 Likes Like |Link to Comment
  • Energy Transfer Equity Is Looking To Buy Williams [View article]
    metal27,

    Yup, the merger arbitrage folks got slaughtered. They were essentially picking up pennies in front of a steamroller.
    Jun 23, 2015. 09:06 AM | 3 Likes Like |Link to Comment
  • Apple caves on music streaming royalties [View news story]
    Why is Apple getting into music streaming? Pandora/Spotify are barely making any money. Unlike with Apple Pay, I do not think they will gain enough market share here to move the needle.
    Jun 22, 2015. 10:15 AM | 1 Like Like |Link to Comment
  • CYS Investments: Calling The Yellen Bluff [View article]
    Akaralph,

    Declining book value? Save for 2 quarters 2013, CYS has seen its BV increase pretty much every quarter since 2012.
    Jun 22, 2015. 10:00 AM | 1 Like Like |Link to Comment
  • Pengrowth Energy: The 10% Rally Is Just The Start [View article]
    PGF is PGH over at the Toronto exchange. They are a Canadian company after all...
    Jun 22, 2015. 09:55 AM | 3 Likes Like |Link to Comment
  • ARMOUR Residential REIT: A Broken mREIT [View article]
    petergrt,

    "Past performance is no guarantee of future performance"

    True, but it is does give us some insight as to how they have performed. Simply put, ARR has not had a real return in ages. Dividends have been more than offset by the large book value losses. In both 2013 and 2014, ARR has posted a negative total return. Compare that to CYS and AGNC which both posted 20%+ returns last year.
    Jun 19, 2015. 04:52 PM | 3 Likes Like |Link to Comment
  • Vanguard Natural Resources - Making Sense Of The Recent Decline [View article]
    I like MEMP over VNR at current prices.
    Jun 19, 2015. 10:17 AM | 2 Likes Like |Link to Comment
  • Vanguard Natural Resources - Making Sense Of The Recent Decline [View article]
    MashieNiblick,

    MEMP's yield is scaring off buyers. Its just the market being irrational. I own both MEMP and VNR.
    Jun 19, 2015. 01:12 AM | 3 Likes Like |Link to Comment
  • CVR Partners: A High Yield Fertilizer Play Now On Sale [View article]
    jack20,

    Just for disclosure, the date I used is from late 2014. Imports nations could have changed. Nevertheless, the 25% import number is fairly static.
    Jun 19, 2015. 01:10 AM | 1 Like Like |Link to Comment
  • CVR Partners: A High Yield Fertilizer Play Now On Sale [View article]
    Mhochgesan,

    UAN is used for pretty much all of the major crops. If they shift acres to Soybeans/wheat, UAN (the company) will not miss a beat.
    Jun 19, 2015. 01:09 AM | 2 Likes Like |Link to Comment
  • CVR Partners: A High Yield Fertilizer Play Now On Sale [View article]
    Ruk,

    I think one issue impacting UAN is that nobody knows about it. It is a very much uncovered name. In addition, most of the shares are held by Carl Icahn linked companies, so there is not much trading volumes. A 12% yield for a MLP with very low debt and a "downstream" like business model is nuts.
    Jun 19, 2015. 01:06 AM | 3 Likes Like |Link to Comment
  • Linn Energy: Staying On The Sidelines [View article]
    Smurf,

    LINE is definitely a battleground stock. Folks bought in for income and took on too much risk as a result. Also, it does not help that it has been targeted by short-sellers.
    Jun 18, 2015. 09:07 PM | 1 Like Like |Link to Comment
  • CVR Partners: A High Yield Fertilizer Play Now On Sale [View article]
    That question is a tough one. Most of the new production is coming along the Gulf Coast. UAN should be able to maintain a price advantage due to its location and its low cost feedstock.
    Jun 18, 2015. 07:49 PM | 2 Likes Like |Link to Comment
  • Linn Energy: Staying On The Sidelines [View article]
    RLP,

    I think its more like loss NGL volumes. The 2015 guidance has some ethane rejection already baked in.
    Jun 18, 2015. 12:49 PM | Likes Like |Link to Comment
  • Linn Energy: Staying On The Sidelines [View article]
    RLP,

    Yup, supply is growing, but the pace of growth has slowed down massively. We should see the first decline in production sometime in early 2016. This will be a hard trend to break given the rig counts are down even more. The US wasted its opportunity for energy independence. We will now rely even more on imports given that demand has not stopped growing.
    Jun 18, 2015. 10:04 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
2,400 Comments
3,490 Likes