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Josh Young  

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  • Kinder Morgan Buys Harold Hamm's Hiland Partners - Should Continental Have Benefited? [View article]
    Not necessarily, that $200 mm may have been paid for with the debt that Hiland incurred.
    Feb 2, 2015. 03:10 PM | Likes Like |Link to Comment
  • Kinder Morgan Buys Harold Hamm's Hiland Partners - Should Continental Have Benefited? [View article]
    Thanks for sharing this link. The lawsuit could have just been delayed or settled out of court. These things can take time to play out. I think this highlights the risk to Kinder Morgan from this transaction, and the dubious ethical nature of the transaction.
    Feb 2, 2015. 11:38 AM | Likes Like |Link to Comment
  • Oil Price Crash Continues To Affect Oilfield Housing - RV Parks Emptying Out [View article]
    We'll see. In theory it should, but oilfield wages were high and many other industry wages are lower.

    I do think an obvious impact will be lower revpar for hotels like La Quinta. With 26% of their revenue just from Texas in 2013, and with La Quintas in Midland having charged $400 per night!!! at the peak, while others outside of Texas charge $60 per night, I don't see how they will avoid the impact of this.
    Feb 2, 2015. 11:30 AM | Likes Like |Link to Comment
  • Oil Price Crash Continues To Affect Oilfield Housing - RV Parks Emptying Out [View article]
    Oil needs to go up by a lot more than it has in the last few days to reverse the lower US onshore capex trend and improve the situation for oilfield housing providers.
    Feb 2, 2015. 11:28 AM | 2 Likes Like |Link to Comment
  • Kinder Morgan Buys Harold Hamm's Hiland Partners - Should Continental Have Benefited? [View article]
    "Guaranteed he is plowing all that money into CLR right now" - really? I don't see any mention of that in the SEC filings. Looks like he's using the proceeds to fund his $1 billion divorce settlement with his wife.

    Shareholders of CLR are not benefiting from it. They are stuck in a long term contract paying a high price per barrel to transport their oil. And they missed out on a 20x+ return. How is that not fishy.
    Feb 1, 2015. 04:27 PM | Likes Like |Link to Comment
  • Bill Gross: Games People Play [View article]
    Great article by a brilliant super-investor.
    Jan 29, 2015. 06:10 PM | 7 Likes Like |Link to Comment
  • Profit From The Oil Price Crash And Follow Blackstone: Short La Quinta Holdings [View article]
    Thanks Mark. That looks interesting, although impact will be delayed compared to the impact to lodging providers like LQ.
    Jan 29, 2015. 01:15 PM | Likes Like |Link to Comment
  • Sanderson Farms And Pilgrim's Pride: A Game Of Chicken [View article]
    What about potential price deflation of chicken?
    Jan 29, 2015. 09:36 AM | Likes Like |Link to Comment
  • Sanderson Farms And Pilgrim's Pride: A Game Of Chicken [View article]
    Interesting article. What about additions to chicken "production" capacity?
    Jan 29, 2015. 08:57 AM | Likes Like |Link to Comment
  • The Oil Sector Stock I Dream About Owning One Day [View article]
    Rough forecast for CLB. I agree this is a high quality company and I just need the right valuation before investing.
    Jan 29, 2015. 08:55 AM | 2 Likes Like |Link to Comment
  • Are Exxon, Chevron And Shell Low Cost Oil Producers? [View article]
    Interesting article. I agree and wrote about this a while ago ... http://bit.ly/1JL3wEq - I like the level of detail you went into and your comparisons
    Jan 29, 2015. 01:18 AM | Likes Like |Link to Comment
  • Morgan Stanley Sees Oil Exposure Risk, Lowers La Quinta's Price Target [View article]
    Not at the 13.5x trailing EV/EBITDA multiple LQ is trading at. Anything less is "dilutive" to shareholders, and it would probably have to be at a lot lower multiple than that.
    Jan 29, 2015. 01:15 AM | Likes Like |Link to Comment
  • Update: Brutal Texas Dallas Fed Numbers [View article]
    No, oil producing states will feel the brunt of this. I think this report is supportive of my thesis that Texas will go into a recession in 2015. And that La Quinta, as the most exposed hotel company to Texas that I am aware of, will suffer declining revenue and margins in 2015.
    Jan 29, 2015. 01:14 AM | 1 Like Like |Link to Comment
  • Morgan Stanley Sees Oil Exposure Risk, Lowers La Quinta's Price Target [View article]
    I don't think they could sell for anywhere close to their current valuation. Who's going to buy a hotel in Midland or Houston today based on peak valuation multiples on peak room rates and occupancy?

    Also, they've given no indication that they are looking to sell.
    Jan 28, 2015. 07:01 PM | Likes Like |Link to Comment
  • Profit From The Oil Price Crash And Follow Blackstone: Short La Quinta Holdings [View article]
    Thanks. Do companies pay Cramer to promote them?
    Jan 28, 2015. 02:42 PM | Likes Like |Link to Comment
COMMENTS STATS
875 Comments
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