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David Alton Clark  

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  • 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.
  • An Unprecedented Dividend Growth Buying Opportunity Materializes
    Dec. 14, 2014 GE 72 Comments

    Summary

    • In my last piece regarding General Electric I listed my top concerns for the company.
    • I like to throw all the potential negatives against the wall and see what sticks when major market shifts occur.
    • I received a tremendous response to the article regarding the veracity of the ‘so-called’ negatives. The value of the feedback from comments section was incredible.
    • In this article I will detail the mitigating factors regarding the potential headwinds. Furthermore, I will make the case General Electric offers an unprecedented buying opportunity.
  • AT&T: You Must Strike While The Iron Is Hot
    Dec. 12, 2014 T 47 Comments

    Summary

    • AT&T’s stock has taken a beating along with the rest of the telecom sector in recent days.
    • AT&T’s CFO recently stated the company may have a considerably wider churn rate year-over-year. Even so, the company still expects to add customers.
    • AT&T now expects full-year revenue to grow 3% to 4% year-over-year, down from prior guidance of 5%.
    • The recent sell-off has unwittingly increased the yield to 5.66%, thereby creating a buying opportunity in the stock for dividend investors.
  • Kinder Morgan: Buy The Dip, It Will Not Last
    Dec. 11, 2014 KMI, KMP 74 Comments

    Summary

    • Oil has fallen to a new five-year low. WTI has fallen nearly 5% after the Energy Information Administration reported U.S. commercial crude inventories unexpectedly rose by 1.5 million barrels.
    • Kinder Morgan is selling off with the rest of the industry on the news. 60% of S&P 500 energy stocks are down more than 30% in six months.
    • I believe the current selloff in Kinder Morgan will be seen as the dividend growth opportunity of the decade when market participants look back at this point in time.
    • Kinder Morgan already offers dividend growth investors a healthy yield of 4.33 with a 10% growth rate over the next five years. Furthermore, there is substantial opportunity for capital gains.
    • Kinder Morgan has a fortress balance sheet, tremendous backlog, and a strong track record of returning capital to shareholders. A significant buying opportunity presents itself.
  • General Electric: What Worries Me The Most
    Dec. 10, 2014 GE 47 Comments

    Summary

    • I have been writing positive articles regarding General Electric’s prospects for growth for several months now.
    • As of Tuesday December 9th the stock is up a mere 5% since my first recommendation to buy in April.
    • In this article I’ve decided to focus on what many have touted as the potential negatives for the company going forward. Hopefully, this article will inspire a tremendous debate on.
    • I will publish a follow up article in a few days detailing all the valuable feedback and insights brought forth in this article.
  • Kinder Morgan's Plan To Take The Oil And Gas Industry By Storm Materializes
    Dec. 7, 2014 KMI, KMP 253 Comments

    Summary

    • In my last piece regarding Kinder Morgan I listed my top concerns for the company based on the massive decline in oil prices.
    • I like to throw all the potential negatives against the wall and see what sticks when major market shifts occur.
    • I received a tremendous response to the article regarding the veracity of the ‘so-called’ negatives. The value of the feedback from comments section was incredible.
    • In this article I will detail the mitigating factors regarding the potential headwinds. Furthermore, I will make the case Kinder Morgan offers an unprecedented buying opportunity.
  • Bank Of America: A Perfect Storm Of Profits Lies Ahead
    Dec. 7, 2014 BAC 22 Comments

    Summary

    • The entire banking sector rose after a strong jobs number was reported Friday morning. Bank of America’s stock was up nearly 3% on the day.
    • The strong jobs growth coupled with several other positive catalysts on the horizon could make 2015 a very exciting year for the bank.
    • Nevertheless, there are always risks to any investment thesis. In the following article we will separate the wheat from the chaff and make a determination.
  • Exxon Mobil: A Massive Buying Opportunity? Don't Drink The Kool-Aid
    Dec. 5, 2014 XOM 50 Comments

    Summary

    • There has been a tectonic shift in the oil patch as of late.
    • The price of oil has sunk to multi-year lows on the back of news OPEC will not cut production and the incredible success of North American oil and gas production.
    • Consequently, Exxon Mobil’s stock has taken a hit as of late. Several analysts have come out touting this is an excellent buying opportunity.
    • I say not so fast. In the following article we will attempt to determine the truth regarding the opportunity Exxon Mobil offers dividend growth investors.
  • General Electric: The Opportunity Of The Coming Decade Materializes
    Dec. 4, 2014 GE 46 Comments

    Summary

    • The General Electric Power Generation Products President and CEO Vic Abate presented at the Credit Suisse Global Industrials Conference recently.
    • Mr. Abate had some interesting information regarding General Electric’s Power Generation Products division’s prospects for growth over the next 10 years.
    • In this article, I will cover the major highlights as I see them from the presentation and attempt to separate the wheat from the chaff for dividend growth investors.
  • Kinder Morgan: What Worries Me The Most
    Dec. 3, 2014 KMI, KMP 243 Comments

    Summary

    • The merger of the Kinder Morgan family of companies has been overwhelmingly approved.
    • The timing of the merger couldn't have been better. The good news from the merger offset the bad news of falling oil prices to some degree I suspect.
    • Although Kinder Morgan’s revenues are not direct correlated to the price of oil, I believe the company may have a bit more exposure than many perceive.
    • In this article I will lay out what I see as the potential negatives for the company going forward related to a sustained drop in oil prices and other exposures.
  • General Electric: Don't Be Fooled, The Sky Is Not Falling
    Nov. 30, 2014 GE 30 Comments

    Summary

    • News broke recently that the Fed plans to regulate General Electric’s finance arm as a major bank.
    • Some have suggested this is very bad news for General Electric. I beg to differ.
    • This may be the first some have heard about this development, yet General Electric has been preparing for this since 2008.
    • The plan to minimize the impact of the financial segment has been underway for years. In this article we will analyze the situation and separate the wheat from the chaff.
  • General Electric: Hold On Tight, A Perfect Storm Of Profits Lies Ahead
    Nov. 26, 2014 GE 62 Comments

    Summary

    • General Electric is constantly looking for ways to expand into new areas to create opportunities for future growth.
    • The latest initiative is General Electric’s wind-power business. General Electric plans to expand its wind-power business globally while providing services such as data analytics to improve turbine performance as well.
    • General Electric plans to have a wind turbine business presence in 35 or more countries next year, up from merely eight in 2003.
    • Considering the amount of positive news out recently, 2015 could be the year shareholders are justly rewarded. Nevertheless, there are downside risks.
  • Kinder Morgan: Is There A Multi-Billion Dollar Elephant In The Room?
    Nov. 25, 2014 KMI, KMP 65 Comments

    Summary

    • The Kinder Morgan merger transaction has been approved.
    • There has been much written about the positive synergies of the merger.
    • Nonetheless, the conceivably largest benefit from the merger has gone mostly unheralded. Furthermore, I believe this benefit is not currently priced in to the stock.
    • I submit this one major attribute of the merger is the primary driver behind Kinder's 10% dividend growth projections over the next 5 years.
  • Kinder Morgan: The Calm Before The Storm?
    Nov. 23, 2014 KMI 203 Comments

    Summary

    • Kinder Morgan shareholders and unitholders voted overwhelmingly to approve a merger of the Kinder Morgan family of companies.
    • Upon announcement of the news the company actually immediately sold off 3% rather than rallying.
    • This may be due to several issues regarding potential negative impacts such as MLP ETF and Fund rebalancing, merger arbitrage plays, and tax related sales due to the merger.
    • In this article we will identify these issues and determine if they are truly headwinds or not. We will also consider several positives that may not be priced in.
  • Kinder Morgan: Stock Nosedives, Time To Sell Out Or Buy With Both Hands?
    Nov. 20, 2014 KMI, KMP 165 Comments

    Summary

    • The Kinder Morgan merger was overwhelmingly approved by shareholders and unitholders alike.
    • Even so, the stock took a nose dive as soon as the news was announced. What gives?
    • In the following article we will attempt to make sense of the stock’s sell-off on the merger approval news and decide if this is actually a buying opportunity.
  • Bank Of America Has An Ace Up Its Sleeve
    Nov. 20, 2014 BAC 30 Comments

    Summary

    • Bank of America is well positioned to for considerable upside in 2015.
    • The bank seems to have finally put its litigation risk behind it. This has been well documented over the past month.
    • Even so, I believe Bank of America has another major catalyst on the horizon I haven’t seen covered in recent articles.
    • This “ace up its sleeve”, so to speak, could mean billions to the bottom line next year for Bank of America. The great news is the ace must be played.
  • Kinder Morgan: Is The Merger Actually Bad News For KMP Unitholders?
    Nov. 19, 2014 KMI, KMP 216 Comments

    Summary

    • Kinder Morgan is a day away from the announcement of one of the most important proxy votes in the company’s history.
    • November 20, 2014 is the deadline for shareholders and unitholders to vote on merging the Kinder family of companies.
    • The question remains - Is the merger really a good deal for KMP unitholders considering the tax consequences? Some say it is not.