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Harris Roen

 
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  • Carbon Winners And Losers - There's A New Rule In Town [View article]
    I believe overseas exports will likely only have a small influence on domestic natural gas prices. Moving natural gas overseas is not like moving oil, where you can basically get it out of the ground and poor it in a big tanker. In order to prepare natural gas for export it must be pre-refined in a sense, cooled, compressed and contained. This additional processing will always keep a price differential in place.

    The decrease in supply due to exports may have a small affect domestic prices. But as I said above, domestic infrastructure, or lack thereof, will be the main driver of domestic prices in the long-term.
    Jun 27 04:00 PM | Likes Like |Link to Comment
  • Carbon Winners And Losers - There's A New Rule In Town [View article]
    I agree with your second point that natural gas is not a panacea. There is no perfect energy choice when it comes to base-load capacity, all come with tradeoffs. Though coal is plentiful, there are huge tradeoffs on pollution impacts, which are not priced in to its cost.

    I disagree that natural gas prices will increase due to exports coming on line. Exports will likely only have a small influence on local prices for this abundant domestic resource. What will have more of an impact are improvements, or lack thereof, of domestic infrastructure (pipelines, etc.) that will allow natural gas to move more economically to power plants. The more choke points there are in the supply chain, the more volatile natural gas prices will be.
    Jun 18 01:20 PM | 1 Like Like |Link to Comment
  • Carbon Winners And Losers - There's A New Rule In Town [View article]
    The rule takes nuclear into account in its goal to allow flexibility to states. To quote the proposed rule:

    "Building Block 3 is based on shifting generation from affected fossil units to new renewable energy generating capacity, which is added over time, and new or preserved nuclear capacity, all of which is expected to be in place by 2020."

    Nuclear, however, is not promoted as an option the same way renewables and natural gas are.
    Jun 18 12:57 PM | 2 Likes Like |Link to Comment
  • Carbon Winners And Losers - There's A New Rule In Town [View article]
    You can find the alert here http://bit.ly/1pFwIp8
    Jun 17 01:22 PM | 1 Like Like |Link to Comment
  • Carbon Winners And Losers - There's A New Rule In Town [View article]
    Coincidental that you should mention SSNI, we just issued a stock alert to subscribers today noting that the company extended its smart grid “Speed-to-Value” infrastructure program to municipal utilities.

    I am concerned about its negative earnings, but like the fact that they are starting to compress. I would be interested to hear why you think it is superior to either TTEC or AMRC.
    Jun 17 12:06 PM | 1 Like Like |Link to Comment
  • Glowing Profits Or Wall Street Sunstroke: Is SolarCity's Correction Over? [View article]
    Glad to have facilitated this commerce. It highlights the point that SolarCity has a business model with a low barrier to entry, another reason for caution.
    May 10 05:47 PM | Likes Like |Link to Comment
  • SolarCity: Overpriced Or Opportunity? [View article]
    Thanks for your in-depth addition. I agree with much of what you are saying, and it was not my goal in this article to lay bare what are incredibly complicated financials for SolarCity. I still contend, however, that income statements as reported are extremely important to look at. If for no other reason, that is where the majority of stock watchers are seeking comparisons.
    Mar 31 12:55 PM | Likes Like |Link to Comment
  • Will Outsized Solar Stock Returns Continue? [View article]
    Concerning CSIQ, You may have missed the part of the article that says:

    ...(even though CSIQ is headquartered in Canada, virtually all of its operations are in China).

    Good point about HSOL, though the SEC filings still lists its HQ in China http://1.usa.gov/NTw46t
    Mar 26 09:51 AM | Likes Like |Link to Comment
  • Will Outsized Solar Stock Returns Continue? [View article]
    Nice analysis. I'd like to see the chart, but I can't get the link to work.

    I believe a correction will happen to the sector as a whole, though there may be individual stocks that buck the trend. Having said that, a downdraft in some of the more closely followed stocks may pull down others in the short-term.
    Mar 22 07:22 AM | 1 Like Like |Link to Comment
  • Will Outsized Solar Stock Returns Continue? [View article]
    ASYS and ALTI also fall into the low debt camp.
    Mar 20 11:03 AM | Likes Like |Link to Comment
  • Finding Green Dividend Yield [View article]
    Thanks Tom, I was going to create a similar list.
    Feb 21 10:27 AM | Likes Like |Link to Comment
  • Finding Green Dividend Yield [View article]
    There are many utilities that have solar and wind as a small percentage of their energy portfolios, including Duke Energy http://bit.ly/M476QN and NextEra http://bit.ly/M476QP . More "pure play" options are harder to find, but one with a lager percentage of renewables is NRG Yield http://bit.ly/M476QR .
    Feb 16 09:41 AM | 1 Like Like |Link to Comment
  • Finding Green Dividend Yield [View article]
    Good point. In addition to that, using “revenues” as “sales” is always tricky for a financial company, which is essentially what Hannon Armstrong is. To your point, I just looked at total revenue net of investment interest expense over the six quarters previous to the current reporting period, which averages to $3.6 million. This is about 25% less than what was reported in the most recent period.
    Feb 15 09:40 AM | 1 Like Like |Link to Comment
  • Blockbuster Year For Alternative Energy Stocks [View article]
    I would like to see sales at JKS get back up to 2011 levels to make it a top pick.
    Jan 16 03:15 PM | Likes Like |Link to Comment
  • Blockbuster Year For Alternative Energy Stocks [View article]
    SUNE is still looks quite speculative with relatively high debt levels, persistently negative cash flow and negative earnings. Still, sales have been steady, and I agree with you that solar install is a very good business area to be in going forward. It is also one of the most widely held stocks in alternative energy mutual fundshttp://http://bit.ly/1hujtAZ .
    Jan 16 08:39 AM | Likes Like |Link to Comment
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74 Comments
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