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Albert Alfonso  

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  • ConocoPhillips - A High-Quality E&P With A 4.40% Yield [View article]
    EdwardGLott,

    COP and XOM have very different asset bases. COP is a pure-play E&P while XOM has a large refinery and midstream segment.
    Apr 14, 2015. 12:23 AM | 3 Likes Like |Link to Comment
  • Williams Partners: A Wise Purchase [View article]
    SHLX already has an ample supply of midstream dropdowns from its GP. They will want to get the IDRs to the 50/50 cap ASAP.
    Apr 14, 2015. 12:19 AM | Likes Like |Link to Comment
  • Philip Morris: Key Numbers To Watch [View article]
    So much focus on PM's EPS. Operationally, things are sound. Currency trends should reverse medium-term. The time to buy high-quality names is when they are out of favor and PM certainly is at the moment.
    Apr 13, 2015. 06:04 AM | 8 Likes Like |Link to Comment
  • Memorial Production Partners - Time To Take Advantage Of The Recent Secondary? [View article]
    pmatrasc,

    They likely wanted to sell late last year and got interrupted by the oil collapse. I do not think it is indicative a a price direction. MEMP recovered around 2% of its 4% decline of Friday.
    Apr 13, 2015. 06:01 AM | 1 Like Like |Link to Comment
  • General Electric: A Big Move [View article]
    tystites,

    Backward looking analysis is worthless. Why not look at GE's future? There is a reason the stock went up 10% on Friday.
    Apr 13, 2015. 05:58 AM | Likes Like |Link to Comment
  • General Electric: A Big Move [View article]
    jazz9650,

    I'll be addressing that in my new article. However, keep in mind that EPS will drop and GE will see ~$4 billion in cash charges from the breakup. There is never a free lunch.
    Apr 13, 2015. 05:55 AM | 1 Like Like |Link to Comment
  • General Electric: A Big Move [View article]
    Welch grew EPS by entering high-risk business units and other financial gimmickry. That was all the rage back then -- grow EPS no mater the long-term results. That all blew up in 2008/2009. In one 12 month period, GE Capital lost one decade's worth of earnings.
    Apr 13, 2015. 05:53 AM | 3 Likes Like |Link to Comment
  • General Electric: A Big Move [View article]
    Uncle Pie,

    You make a fair point. GE has not grown. However, its earnings quality has improved and its stock's multiple has contracted. This is a different company now than then.
    Apr 13, 2015. 05:51 AM | Likes Like |Link to Comment
  • Williams Partners: A Wise Purchase [View article]
    berloe,

    Good question. I am referring to holding these stocks in IRAs. MLPs distributions may face an unexpected tax due to UBIT. Dividends do not have this issue.
    Apr 9, 2015. 06:21 PM | Likes Like |Link to Comment
  • Linn Energy: The Distribution Could Be Heading Lower [View article]
    The EIA data should be taken with a grain of salt. They are guessing most of the time. The "real" inventory numbers are only known months later.
    Apr 9, 2015. 11:22 AM | Likes Like |Link to Comment
  • EV Energy Partners Sells Its Crown Jewels [View article]
    Random Logic,

    WPZ is the winner here. UEO has a great growth outlook.
    Apr 9, 2015. 11:21 AM | Likes Like |Link to Comment
  • EV Energy Partners Sells Its Crown Jewels [View article]
    RLP,

    EVEP has been trying to sell UEO for awhile (since late 2013). They wanted to get a big premium and got it. While the cash helps liquidity in a big way, EVEP will need to be revalued lower as its remaining asset base is lackluster.

    As for acquisitions, they noted recently that they intend to be a buyer.

    I agree that EVEP is in better straights than others (BBEP, ARP) in the sector.
    Apr 9, 2015. 11:19 AM | Likes Like |Link to Comment
  • CVR Refining: A Feast Or Famine Distribution [View article]
    Darren,

    It appears crack spreads were high for Q1 2015. We could get a record quarterly distribution from CVRR.
    Apr 9, 2015. 11:13 AM | Likes Like |Link to Comment
  • Memorial Production Partners: Buy The Dip? [View article]
    Rawenergy,

    So the sponsor is selling some equity. This is a non-dilutive offering but may hit the unit price tomorrow.
    Apr 8, 2015. 04:53 PM | 1 Like Like |Link to Comment
  • Williams Partners: A Wise Purchase [View article]
    alschroed,

    Who knows, maybe that is the future for many of these midstream MLPs. KMI, EPD, MMP, etc show that this sort of move makes sense. I think WPZ will recover. It is still recovering from its merger and oil price fall.
    Apr 8, 2015. 04:52 PM | Likes Like |Link to Comment
COMMENTS STATS
2,118 Comments
2,816 Likes