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Albert Alfonso  

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  • American Realty Capital +2% post-earnings [View news story]
    4jeffryangelus,

    I also prefer monthly dividends rather than quarterly since I like to accumulate cash and add to my positions every month. With ARCP, I would just hope for any sort of dividend. New payout should be announced soon.
    Mar 30, 2015. 10:15 AM | 2 Likes Like |Link to Comment
  • BreitBurn Energy Partners Solves Its Debt Problem [View article]
    mrmvino,

    I did note that the terms were harsh... Also, this deal is better than the alternative (insolvency).
    Mar 30, 2015. 09:44 AM | 5 Likes Like |Link to Comment
  • BreitBurn Energy Partners Solves Its Debt Problem [View article]
    LINE's credit revolver capacity seems more robust compared to BBEP. I do not think they will need to lower the distribution.
    Mar 30, 2015. 09:41 AM | 1 Like Like |Link to Comment
  • BreitBurn Energy Partners Solves Its Debt Problem [View article]
    Bc12852,

    The old distribution was well covered by DCF. However, they really needed to solve the looming debt problem. BBEP has been saying for at least 3 months that they were looking for long-term debt.
    Mar 30, 2015. 09:40 AM | 2 Likes Like |Link to Comment
  • BreitBurn Energy Partners Solves Its Debt Problem [View article]
    Pablo,

    Yes, but that is a minor amount. Savings there will likely be ~$20 to $30 million. I'll need to check to see how much the exact number is.
    Mar 30, 2015. 09:36 AM | 1 Like Like |Link to Comment
  • Phillips 66 Partners Hits A Home Run With Its Recent Acquisition [View article]
    DPM is a joint venture with SE. It is possible, but unlikely I would think.
    Mar 29, 2015. 05:57 PM | 1 Like Like |Link to Comment
  • Get Ready For The Kraft Heinz Company [View article]
    Steve,

    Check pages 6 and 7 of the presentation.

    http://bit.ly/1E5rryJ
    Mar 26, 2015. 01:40 PM | Likes Like |Link to Comment
  • Get Ready For The Kraft Heinz Company [View article]
    aging by the second,

    Merger will need to get approved first. Closing is expected sometime in 2015.
    Mar 26, 2015. 01:37 PM | 1 Like Like |Link to Comment
  • Get Ready For The Kraft Heinz Company [View article]
    ComputerBlue,

    From what I have read yes, ticker will stay the same.
    Mar 26, 2015. 01:36 PM | Likes Like |Link to Comment
  • Linn Energy: A Bold Move [View article]
    gregg_in_wi,

    KMI's biggest risk is if production volumes (either supply or demand) were to decline over a long-period. Its growth is dependent on the energy revolution continuing. Note that KMI has more natural gas exposure than oil. The dividend is rock solid (fee-based, long-term contracts), but the dividend growth rate could decline, which would result in the market asking for a higher yield to compensate.

    As for LINE, it needs higher commodity prices. No other way of putting it. The dividend is not safe if current oil prices stay where they are into 2016. Risk of a dividend cut is very high. The company also has tons of debt which will need to be refinanced. Reward is massive if oil were to go back to previous levels. LINE could double or triple at $100 WTI. But a BK by ~2019 is not a far fetched scenario.
    Mar 26, 2015. 08:50 AM | 3 Likes Like |Link to Comment
  • Williams Companies: Some Good News For The Transco Pipeline [View article]
    rrsoper,

    Solar WAS competitive, but not at current oil and gas prices. Also, have you seen the pollution generated by making the panels in China?

    http://nyti.ms/1IxL29B

    I agree that we should slowly shift towards non-fossil fuels. However, we still need to build out the infrastructure. Natural gas will be the energy source of the 21st century, just like oil was in the 20th.
    Mar 26, 2015. 04:22 AM | 2 Likes Like |Link to Comment
  • AT&T: A Bird In Hand Is Worth 2 In The Bush [View article]
    DAC,

    Great article.

    The payout ratio for ATT is high. However, keep in mind that they are a near-utility and are bought for income. The goalpost should be to keep dividends below 80%. This is also roughly the ratio used for the high yield tobacco stocks (MO, LO, RAI).
    Mar 26, 2015. 04:14 AM | 3 Likes Like |Link to Comment
  • Linn Energy: A Bold Move [View article]
    jerrywengler,

    I would caution that LINE is a much riskier name compared to KMI. Notice that I did not talk about the dividend since I think it could be heading lower medium term.
    Mar 25, 2015. 02:23 PM | 2 Likes Like |Link to Comment
  • Linn Energy: A Bold Move [View article]
    KirbyJF1,

    The Saudis recently said to forget about $100 oil. They are flooding the market. I am buying stocks assuming $60 by year end 2015, 70 by 2016 or 2017. US Y/Y production growth is expected to slow in Q2 2015, and start declining in 2016.
    Mar 25, 2015. 02:21 PM | 4 Likes Like |Link to Comment
  • Linn Energy: A Bold Move [View article]
    RLP,

    the buyers market comment is in reference to low oil prices. There are many distressed shale players who may be forced to sell if oil stays low. Thinking outside the box, the new JV could maybe snag an upstream MLP. Some look very cheap (MCEP, LRE, BBEP, LGCY) to name a few.

    As for what Quantum wants, maybe they are looking for a partner who can mange the acquired properties? LINE is pretty large and likely has a lower cost structure.
    Mar 25, 2015. 02:18 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
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