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David Alton Clark  

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  • Kinder Morgan: Don't Be Fooled By The Nattering Nabobs Of Negativism
    Editors' Pick • Today, 1:03 AM KMI 66 Comments

    Summary

    • Kinder Morgan's Trans Mountain pipeline expansion plan continues to have trouble with the City of Vancouver and Burnaby. This is only the latest flare up between the parties.
    • The expansion is a $5.4 billion plan to increase capacity of the Northwestern oil pipeline to 890,000 barrels per day throughput. The expansion plan would provide substantial tax revenue increases.
    • The opposition will inevitably reach a fever pitch as the National Energy Board hearing draws near. In the following article, I will explain why it's really simply business as usual.
  • General Electric: This One Chart May Spell 'The End' For Immelt
    Yesterday, 3:00 AM GE 103 Comments

    Summary

    • Rumors are swirling Jeff Immelt’s reign at General Electric may finally be coming to an end.
    • Immelt’s legacy at General Electric has been one of colossal underperformance as compared to the S&P 500.
    • Some have suggested the final nail in Immelt’s coffin was the decision to enter into the oil and gas business.
    • In the following article I will do my best to distinguish reality from repartee and come to a conclusion.
  • Ford: About To Take A Turn For The Worse?
    Yesterday, 1:01 AM F 43 Comments

    Summary

    • Ford’s stock looks like it's getting ready to roll over.
    • The company’s sales in February came up short.
    • Other macro issues have come into focus which may dampen future sales.
    • In the following article I will do my best to shed some light on potential head and tail winds for the stock.
  • Kinder Morgan: Has The Worm Turned Once Again?
    Wed, Mar. 4 KMI 107 Comments

    Summary

    • Kinder Morgan offers dividend growth investors the lowest risk highest reward dividend growth investment opportunity for the next five years.
    • The company has stable free cash flow, strong prospects for growth and a high level of visibility related to dividend growth projections.
    • The company stated the dividend will increase by 16% in 2015 and by 10% each year until 2020. Furthermore, the stock appears undervalued at current levels.
    • New regulations related to rail transport of petrochemicals may bode well for the company in the near future as well.
  • General Electric: Is Immelt About To Play The Ace Up His Sleeve?
    Thu, Feb. 26 GE 123 Comments

    Summary

    • General Electric shareholders effectively have a $20 billion ace in the hole in the form of a final Synchrony split off.
    • The transaction will effectively act as massive share repurchase significantly reducing the share count.
    • There are other major positive developments associated with the transaction as well. None of which are currently priced in to the stock.
    • Could an enormous insider buy be a signal the transaction may be executed sooner rather than later?
  • Chevron: Trapped Between A Rock And A Hard Place
    Wed, Feb. 25 CVX 16 Comments

    Summary

    • Chevron is a globally integrated operator with substantial size and scale to navigate a low oil price environment. Nonetheless, the company is trapped between a rock and a hard place.
    • Things will get worse before they get better. I do not believe oil has bottomed. Prices need to stay lower for a lot longer to shake out marginal producers.
    • Nonetheless, the seeds of the next boom are inevitably sewn during the current bust. Chevron will survive due to its low leverage and diversified portfolio of upstream reserves and production.
  • General Electric's Latest Headache Adds To 2015 Earnings Uncertainty
    Mon, Feb. 23 GE 33 Comments

    Summary

    • General Electric’s Alstom acquisition just hit a snag.
    • The EU confirmed it will open an in-depth investigation into whether General Electric's planned acquisition of Alstom's energy unit might limit competition in the market for heavy-duty gas turbines.
    • These types of investigations are considered routine. Nonetheless, this development will add months to the timeline and increase the uncertainty surrounding General Electric’s largest deal ever.
  • Exxon Mobil: The Day Of Reckoning Draws Near
    Fri, Feb. 20 XOM 90 Comments

    Summary

    • Exxon Mobil has had a plethora of bad news come out in recent days.
    • First, it was revealed Warren Buffett liquidated his entire position in the stock. Second, the company experienced a major refinery explosion Tuesday night. Finally, oil inventories rose drastically.
    • The stock is down on the news. Even so, I believe more trouble lies ahead for the stock. In the following article I will make my case.
  • Bank Of America: Buy The Dip, It Will Not Last
    Thu, Feb. 19 BAC 83 Comments

    Summary

    • The Fed meeting minutes from January were just released. The minutes reinforced the Fed's dovish stance.
    • Consequently, money center banks began to sell off on the news as the yield curve flattened.
    • I believe the sell off in Bank of America shares offers an excellent buying opportunity. In the following article I will explain why.
  • General Electric's Next Big Growth Opportunity Presents Itself
    Wed, Feb. 11 GE 121 Comments

    Summary

    • General Electric is a blue-chip, dividend-paying stalwart. The company has increased the dividend seven times over the past five years.
    • The company is able to do this by staying on the cutting edge of innovation in all segments of the business across the board.
    • Many have touted that the downdraft in oil prices would be devastating to General Electric's profits. I beg to differ.
    • General Electric's well-balanced and diversified portfolio of businesses allows the company to withstand a downturn in one segment or another.
    • In the following article, I will highlight one segment with promising growth prospects going forward.
  • Kinder Morgan: A Highly Strategic And Accretive Silver Lining Materializes
    Tue, Feb. 10 KMI 44 Comments

    Summary

    • It was just reported Kinder Morgan purchased three Vopak U.S. Terminals and one undeveloped site for $158 Million.
    • The transaction will boost Kinder Morgan’s storage capacity to over 45 million barrels on the Houston ship channel and 138 million barrels in North America.
    • The transaction will further solidify Kinder Morgan’s position as the largest independent terminal operator in North America.
    • In the following article I will lay out the details of the transaction and add some color as to why this is a very savvy move by the company.
  • Chevron: Don't Be Fooled By Dead Cat Bounce
    Tue, Feb. 10 CVX 42 Comments

    Summary

    • Chevron popped nearly seven percent over the past week as oil began to rally.
    • I posit the rally is unjustified and will prove to be a dead cat bounce.
    • This risk/reward equation to buy shares for dividend growth investors is now unfavorable.
  • Chevron: Against All Odds
    Sat, Jan. 31 CVX 48 Comments

    Summary

    • Chevron just reported fourth-quarter earnings that actually bested estimates.
    • Nevertheless, the stock nosedived when the company announced the stock buyback program was being suspended.
    • Fortunately, the stock reversed course when the CEO stated maintaining the dividend was a top priority on the conference call.
    • In the following article, I will point out the key highlights and do my best to add some value to the discussion.
  • Exxon Mobil: There Will Be Blood
    Thu, Jan. 29 XOM 188 Comments

    Summary

    • Exxon Mobil reports earnings on Monday February 2, 2015, before the market opens.
    • Crude oil’s rapid descent will negatively impact Exxon’s results. The only question that remains is by how much.
    • The bull and bears are taking up their respective positions. It appears the line in the sand has been drawn.
    • In the following article I will do my best to shed some light on the subject.
  • Chevron: The Crude Reality
    Tue, Jan. 27 CVX 108 Comments

    Summary

    • The rapid pace of oil’s downward spiral will negatively impact Chevron. The question is by how much.
    • Chevron’s stock has fallen 17% over the last six months while oil has plummeted over 60% and continues lower.
    • The current narrative is that a supply and demand imbalance is responsible for oil’s downward spiral and will “self-correct” in short order. I beg to differ.
    • I submit there is much more in play than a mere supply/demand imbalance presently. I do not see the downward spiral ending anytime soon.
    • In the following article I will do my best to add some prescient thoughts for your consideration on the subject.
  • General Electric Just Inked Its Largest Wind Deal Ever With China
    Mon, Jan. 26 GE 48 Comments

    Summary

    • General Electric has been steadily expanding its global footprint.
    • General Electric recently stated China offered one of the best growth opportunities for the company.
    • Now, General Electric has just inked the largest wind turbine deal ever with China.
  • General Electric: Abracadabra... Over 20% Upside Potential Materializes For 2015
    Sun, Jan. 25 GE 82 Comments

    Summary

    • General Electric reported earnings on Friday that beat expectations. This was a high profile earnings report with the recent drop in oil prices.
    • Many believed General Electric would miss earnings or at least give a gloomy outlook, yet this was not the case.
    • I see steady dividend and capital appreciation growth going forward. This makes General Electric an excellent choice for dividend growth investors.
  • Kinder Morgan: Earnings Replete With Boots, Spider Webs, Cats And Dogs And Silver Linings
    Fri, Jan. 23 KMI 46 Comments

    Summary

    • Kinder Morgan recently reported earnings which missed estimates yet kept the dividend growth targets and forward dividend growth guidance intact.
    • The conference call was very informative and colorful.
    • Several gems of knowledge were divulged during the conference call that I thought deserved special attention.
    • In the following article I will point out the key highlights in my eyes.
  • Kinder Morgan: The Moment Of Truth Draws Near
    Tue, Jan. 20 KMI 38 Comments

    Summary

    • Kinder Morgan reports earnings tomorrow after the bell. Analyst consensus is Kinder Morgan will report revenue of approximately $4.30 billion with earnings per share of 0.34 for the past quarter.
    • Oil has plunged significantly since the company reported earnings last. Market participants will definitely be laser focused on Kinder Morgan’s results and guidance.
    • In the following article I will lay out the positives and potential pitfalls leading into earnings.
  • Chevron: A Crude Awakening Looms
    Editors' Pick • Fri, Jan. 16 CVX 222 Comments

    Summary

    • Chervon’s stock has nosedived 7% this week and is down 20% over the past six months. Nonetheless, I submit more pain lies ahead.
    • Due to velocity of the drop in the price of oil, I submit the aftershocks are yet to be realized by Chevron.
    • Further, after performing firsthand due diligence in the Texas oil patch, many operators are not so sanguine on the prospects for the price of oil going forward.
  • Oil Price Crash: The Good, The Bad, And The Ugly Truth
    Thu, Jan. 15 DIA, DTO, OIL 26 Comments

    Summary

    • The stock market has held up quite well in the face of plummeting oil prices. Nonetheless, something has got to give, and I suspect it will be the equity markets.
    • I submit the drop in the price of oil should be construed as the proverbial “canary in the coal mine” regarding the health of the global economy.
    • Many have referenced the 2008 oil boom/bust cycle as the template to predict where oil prices will go from here. I submit to you this is not 2008 its actually.
    • Therefore, macro investors should heed this warning sign and plan accordingly.
  • General Electric: There Is No Safer Place Than In The Eye Of The Storm
    Thu, Jan. 15 GE 65 Comments

    Summary

    • General Electric is a highly diversified blue chip global conglomerate.
    • This puts the company squarely in the eye of the storm when it comes to exposure to macroeconomic and geopolitical risk.
    • Nonetheless, as all meteorological enthusiasts know, there is no safer place to be than in the eye of the storm.
    • In the following article I will make the case General Electric offers dividend growth investors a safe haven in these volatile times.
  • The Crash In Oil Prices Offers The Opportunity Of A Lifetime - I Beg To Differ
    Tue, Jan. 13 XOM 289 Comments

    Summary

    • Exxon Mobil’s stock has held up quite well in the face of falling oil prices. Nonetheless, something has got to give.
    • Due to velocity of the drop, I submit the aftershocks are yet to be realized by Exxon Mobil.
    • Further, after performing firsthand due diligence in the Texas oil patch, many operators are not so sanguine on the prospects for the price of oil going forward.
  • General Electric: Is It Time To Be Greedy?
    Sun, Jan. 11 GE 73 Comments

    Summary

    • General Electric has been hit with a plethora of negative press in recent weeks primarily due to the drastic drop in oil prices.
    • The company has moved aggressively into the oil and gas sector in recent years. This segment now accounts for approximately 15% of industrial revenues currently.
    • In this article I will make the case General Electric offers an excellent contrarian buying opportunity at current levels.
  • Kinder Morgan Named Best Dividend Growth Energy Stock For 2015
    Sun, Jan. 11 KMI 57 Comments

    Summary

    • Credit Suisse just published its list of the top nine energy and utility Stocks For 2015.
    • Kinder Morgan tops the list in the number one spot.
    • Credit Suisse sees double digit dividend growth for 2015 in the cards for a multitude of reasons.
  • Break Up Bank Of America? Better The Devil You Know Than The One You Don't
    Fri, Jan. 9 BAC 31 Comments

    Summary

    • Recently there has been resurgence in calls to break up Bank of America.
    • This thesis is these banks present significant risk to the economy.
    • I beg to differ. Breaking up Bank of America is a very bad idea. In the following article I will make my case.
  • Kinder Morgan: Is The Stock About To Take A Nosedive?
    Thu, Jan. 8 KMI 75 Comments

    Summary

    • Kinder Morgan has held up quite well as oil prices continue to plummet.
    • Some have stated it is only a matter of time before the stock takes a dive.
    • I beg to differ. I say the stock currently offers dividend growth investors the best opportunity for safe and secure dividend payments.
  • Kinder Morgan: Best Dividend Growth Buy For The Next 5 Years?
    Dec. 28, 2014 KMI 121 Comments

    Summary

    • Kinder Morgan may offer dividend growth investors the lowest risk highest reward dividend growth investment opportunity for 2015.
    • The company has a fortress balance sheet, strong free cash flow, and has a high level of visibility related to dividend growth projections for 2015.
    • The company stated the dividend will increase by 16% in 2015 and by 10% each year until 2020. Furthermore, the stock appears undervalued when compared to its peers.
    • Moreover, Kinder Morgan has several positive catalysts on the horizon for 2015. This bodes well for capital appreciation on top of dividend growth.
  • Exxon Mobil: The Good, The Bad And The Ugly Truth
    Dec. 19, 2014 XOM 20 Comments

    Summary

    • The relentless drop in oil prices continued Thursday after a brief respite.
    • For an untold number of reasons I believe we are nowhere near the bottom in oil presently. Yet, there is light at the end of the tunnel.
    • A flight to safety of oil and gas dividend growth investment dollars may begin to occur as the price of oil continues to plummet.
    • Exxon Mobil should be the beneficiary of this potentially massive shift.
  • General Electric: You Ain't Seen Nothing Yet
    Dec. 18, 2014 GE 52 Comments

    Summary

    • General Electric just held the company’s Annual Outlook Meeting.
    • General Electric is a massive global conglomerate and bellwether stock for the health of global industrial growth.
    • The following are the highlights from the meeting as I see them.
  • Verizon: A Golden Dividend Growth Opportunity Reveals Itself
    Dec. 17, 2014 VZ 22 Comments

    Summary

    • Verizon shares have plummeted over 11% in the past month.
    • This has driven the yield on the shares up significantly in short order.
    • Verizon appears to be in the right place at the right time. The company is making all the right moves to create value for investors.
    • The company is focused on return of capital to shareholders with a robust dividend. Verizon appears to be an excellent dividend growth opportunity presently.
  • Kinder Morgan And The Good, The Bad And The Ugly Truth Regarding Falling Oil Prices
    Editors' Pick • Dec. 16, 2014 KMI 131 Comments

    Summary

    • The relentless drop in oil prices continued Monday with no end in sight.
    • For a myriad of reasons I believe we are nowhere near the bottom presently.
    • A flight to safety of oil and gas dividend growth investment dollars may occur as the price of oil continues to plummet.
    • Kinder Morgan should be the beneficiary of this potentially massive shift.