PNG - News and Analysis from Seeking Alpha © seekingalpha.com. Use of this feed is limited to personal, non-commercial use and is governed by Seeking Alpha's Terms of Use (http://seekingalpha.com/page/terms-of-use). Publishing this feed for public or commercial use and/or misrepresentation by a third party is prohibited. SeekingAlpha.com http://seekingalpha.com/symbol/png PAA Natural Gas Storage, L.P. CEO Hosts Analyst and Investor Day (Transcript) http://seekingalpha.com/article/1475341-paa-natural-gas-storage-l-p-ceo-hosts-analyst-and-investor-day-transcript?source=feed 1475341

PAA Natural Gas Storage, L.P. (PNG)

Analyst and Investor Day Call

May 30, 2013 12:30 PM ET

Executives

Roy Lamoreaux - Director, IR.

Greg Armstrong - Chairman and CEO

Harry Pefanis - President and COO

Mark Gorman - EVP Operations and Business Development

Dave Duckett - President, PMC

Dean Liollio - President, PNG

Al Swanson - EVP and CFO

Analysts

Presentation

Roy Lamoreaux

If you want to go ahead and take your seat, we’ll get started. Welcome to Plains All American Pipeline and PAA Natural Gas Storage 2013 Analyst Meeting. My name is Roy Lamoreaux, Director of Investor Relations. We’ve got a strong showing today – meeting. -- had RFPPs well north of 150 and we’ll see what the final turnout is but clearly that breaks the record attendants that we’ve had in the past.

A few housekeeping items; first, we will be utilizing some forward-looking statements and non-GAAP financial

]]> Sun, 02 Jun 2013 13:00:04 -0400

PAA Natural Gas Storage, L.P. (PNG)

Analyst and Investor Day Call

May 30, 2013 12:30 PM ET

Executives

Roy Lamoreaux - Director, IR.

Greg Armstrong - Chairman and CEO

Harry Pefanis - President and COO

Mark Gorman - EVP Operations and Business Development

Dave Duckett - President, PMC

Dean Liollio - President, PNG

Al Swanson - EVP and CFO

Analysts

Presentation

Roy Lamoreaux

If you want to go ahead and take your seat, we’ll get started. Welcome to Plains All American Pipeline and PAA Natural Gas Storage 2013 Analyst Meeting. My name is Roy Lamoreaux, Director of Investor Relations. We’ve got a strong showing today – meeting. -- had RFPPs well north of 150 and we’ll see what the final turnout is but clearly that breaks the record attendants that we’ve had in the past.

A few housekeeping items; first, we will be utilizing some forward-looking statements and non-GAAP financial

<br/><a href='http://seekingalpha.com/article/1475341-paa-natural-gas-storage-l-p-ceo-hosts-analyst-and-investor-day-transcript?source=feed'>Complete Story &raquo;</a>]]> PNG 2 Additional Catalysts Supporting My Decision To Go Long On Plains All American http://seekingalpha.com/article/1472951-2-additional-catalysts-supporting-my-decision-to-go-long-on-plains-all-american?source=feed 1472951 On Wednesday May 29th Plains All American Pipeline, L.P. (PAA) announced that it expects Q2 EBITDA to exceed the mid-point of its quarterly guidance by an estimated 10%, driven by consistently strong fundamentals and favorable market conditions, even though a less favorable environment was experienced during the company's first quarter. In the wake of the company's positive outlook I wanted to examine two supporting catalysts behind my decision to enhance my previously established long-term position in Plains All-American Pipeline, L.P.

Overview: Based in Houston, Texas, Plains All American Pipeline, L.P. is a publicly traded master limited partnership engaged in the transportation, storage, terminalling and marketing of crude oil and refined products, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids. Through its general partner interest and majority equity ownership position in PAA Natural Gas Storage, L.P. (PNG), PAA owns and operates natural

]]> Fri, 31 May 2013 07:18:15 -0400 Heather Ingrassia ByHeather Ingrassia:

On Wednesday May 29th Plains All American Pipeline, L.P. (PAA) announced that it expects Q2 EBITDA to exceed the mid-point of its quarterly guidance by an estimated 10%, driven by consistently strong fundamentals and favorable market conditions, even though a less favorable environment was experienced during the company's first quarter. In the wake of the company's positive outlook I wanted to examine two supporting catalysts behind my decision to enhance my previously established long-term position in Plains All-American Pipeline, L.P.

Overview: Based in Houston, Texas, Plains All American Pipeline, L.P. is a publicly traded master limited partnership engaged in the transportation, storage, terminalling and marketing of crude oil and refined products, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids. Through its general partner interest and majority equity ownership position in PAA Natural Gas Storage, L.P. (PNG), PAA owns and operates natural


Complete Story »]]> PNG PAA Heather Ingrassia 3 Undervalued Small-Cap Utilities With A Greater Than 3% Dividend Yield http://seekingalpha.com/article/1439951-3-undervalued-small-cap-utilities-with-a-greater-than-3-dividend-yield?source=feed 1439951 Valuation of utilities stocks remains relatively in line with historical average levels. The analysts at Goldman Sachs estimate a slight downside potential of 1% to 3% consensus estimate across utilities stocks, largely driven by new, lower electricity demand outlook. Higher long-term interest rates remain a technical headwind for the broader sector, except the independent power producers, and on average, Goldman Sachs expects a 6% return for utilities stocks and 24% for IPPs.

They expect three "themes" for utilities that should capture investor attention this year, including: (1) capital allocation - dividend growth and buybacks, (2) cost reduction efforts following M&A and rate cases, especially in a weak-demand environment; and (3) rate case concerns, with approximately 40% of the sector index facing major rate proceedings and risks to authorized return levels set by regulators.

The chart below illustrates that EPS growth for the Utilities industry remains among the lowest:

Average

]]> Thu, 16 May 2013 09:55:25 -0400 Black Coral Research ByBlack Coral Research:

Valuation of utilities stocks remains relatively in line with historical average levels. The analysts at Goldman Sachs estimate a slight downside potential of 1% to 3% consensus estimate across utilities stocks, largely driven by new, lower electricity demand outlook. Higher long-term interest rates remain a technical headwind for the broader sector, except the independent power producers, and on average, Goldman Sachs expects a 6% return for utilities stocks and 24% for IPPs.

They expect three "themes" for utilities that should capture investor attention this year, including: (1) capital allocation - dividend growth and buybacks, (2) cost reduction efforts following M&A and rate cases, especially in a weak-demand environment; and (3) rate case concerns, with approximately 40% of the sector index facing major rate proceedings and risks to authorized return levels set by regulators.

The chart below illustrates that EPS growth for the Utilities industry remains among the lowest:

Average


Complete Story »]]> CTWS IDA PNG Black Coral Research PAA Natural Gas Storage's CEO Discusses Q1 2013 Results - Earnings Call Transcript http://seekingalpha.com/article/1411221-paa-natural-gas-storage-s-ceo-discusses-q1-2013-results-earnings-call-transcript?source=feed 1411221 PAA Natural Gas Storage, L.P. (PNG)

Q1 2013 Earnings Call

May 7, 2013 11:00 AM ET

Executives

Roy Lamoreaux – Director, IR

Greg Armstrong – Chairman and CEO

Harry Pefanis – Vice Chairman

Dean Liollio – President

Al Swanson – EVP and CFO

Analysts

Darren Horowitz – Raymond James

Steve Swarovski – Goldman Sachs

Brian Zarahn – Barclays

Stephen Maresca – Morgan Stanley

Ethan Bellamy – Baird

John Edwards – Credit Suisse

Ross Payne – Wells Fargo

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Plains All American Pipeline and PAA Natural Gas Storage First Quarter 2013 Results Conference Call. During the conference, all the participants are in a listen-only mode. There will be an opportunity for your questions, instructions will be given at that time. (Operator Instructions) And as a reminder, today’s call is being recorded.

With that being said, I’ll turn the

]]> Tue, 07 May 2013 17:47:08 -0400 PAA Natural Gas Storage, L.P. (PNG)

Q1 2013 Earnings Call

May 7, 2013 11:00 AM ET

Executives

Roy Lamoreaux – Director, IR

Greg Armstrong – Chairman and CEO

Harry Pefanis – Vice Chairman

Dean Liollio – President

Al Swanson – EVP and CFO

Analysts

Darren Horowitz – Raymond James

Steve Swarovski – Goldman Sachs

Brian Zarahn – Barclays

Stephen Maresca – Morgan Stanley

Ethan Bellamy – Baird

John Edwards – Credit Suisse

Ross Payne – Wells Fargo

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Plains All American Pipeline and PAA Natural Gas Storage First Quarter 2013 Results Conference Call. During the conference, all the participants are in a listen-only mode. There will be an opportunity for your questions, instructions will be given at that time. (Operator Instructions) And as a reminder, today’s call is being recorded.

With that being said, I’ll turn the

<br/><a href='http://seekingalpha.com/article/1411221-paa-natural-gas-storage-s-ceo-discusses-q1-2013-results-earnings-call-transcript?source=feed'>Complete Story &raquo;</a>]]> PNG Spotting The Undervalued And The Overvalued Small Midstream Companies (Part III) http://seekingalpha.com/article/1329661-spotting-the-undervalued-and-the-overvalued-small-midstream-companies-part-iii?source=feed 1329661 Introduction

Thanks to hydraulic fracturing and horizontal drilling, North American oil and gas production has been growing quickly during the last three years. The domestically produced natural gas is the new cheap fuel that will move the economy of North America on a going-forward basis, giving it a huge competitive advantage over the rest of the world.

However, the increasing oil production has caused oil bottlenecks, as the pipeline capacity and refinery demand is really what is moving price differentials for both WTI and WCS (Western Canadian Select). For instance, we need more pipelines to unclog Cushing, a major oil terminal in the Midwest. And relief is on the way; in its last bulletin, the U.S. Energy Information Administration summed up the Cushing bottleneck providing upcoming solutions. After all, the midstream companies benefit a lot from this situation, trying to keep up with the new standards of the oil

]]> Tue, 09 Apr 2013 09:34:20 -0400 Value Digger ByValue Digger:

Introduction

Thanks to hydraulic fracturing and horizontal drilling, North American oil and gas production has been growing quickly during the last three years. The domestically produced natural gas is the new cheap fuel that will move the economy of North America on a going-forward basis, giving it a huge competitive advantage over the rest of the world.

However, the increasing oil production has caused oil bottlenecks, as the pipeline capacity and refinery demand is really what is moving price differentials for both WTI and WCS (Western Canadian Select). For instance, we need more pipelines to unclog Cushing, a major oil terminal in the Midwest. And relief is on the way; in its last bulletin, the U.S. Energy Information Administration summed up the Cushing bottleneck providing upcoming solutions. After all, the midstream companies benefit a lot from this situation, trying to keep up with the new standards of the oil


Complete Story »]]> NKA PNG SEP TCP TRGP Value Digger Buy Utility Firm Public Service For Its Substantial Return On Invested Capital http://seekingalpha.com/article/1324721-buy-utility-firm-public-service-for-its-substantial-return-on-invested-capital?source=feed 1324721 I recently ran a stock screener on finviz.com with only four criteria, and the search results per screen were:

Utilities = 123 stocks

Utilities + dividend yield over 4.0% = 38 stocks

Utilities + dividend yield over 4.0% + Return on Equity over 5.0% = 27 stocks

Utilities + dividend yield over 4.0% + ROE over 5.0% + debt to equity under 0.80 = 3 stocks

The screening criteria should be self-evident - the goal is to find utility companies with above average current yield and above average return on invested capital. In addition, the screen will include companies with less than average debt loads. Managers of these companies should be providing investors with higher than average current income, conservatively managed balance sheets, and high returns on total corporate capital deployed. Some believe long-term earnings potential cannot exceed a firm's ability to generate a consistent return based on all the

]]> Sat, 06 Apr 2013 14:19:26 -0400 Jon Parepoynt ByJon Parepoynt:

I recently ran a stock screener on finviz.com with only four criteria, and the search results per screen were:

Utilities = 123 stocks

Utilities + dividend yield over 4.0% = 38 stocks

Utilities + dividend yield over 4.0% + Return on Equity over 5.0% = 27 stocks

Utilities + dividend yield over 4.0% + ROE over 5.0% + debt to equity under 0.80 = 3 stocks

The screening criteria should be self-evident - the goal is to find utility companies with above average current yield and above average return on invested capital. In addition, the screen will include companies with less than average debt loads. Managers of these companies should be providing investors with higher than average current income, conservatively managed balance sheets, and high returns on total corporate capital deployed. Some believe long-term earnings potential cannot exceed a firm's ability to generate a consistent return based on all the


Complete Story »]]> PNG PEG Jon Parepoynt Coca-Cola For Your Retirement Portfolio http://seekingalpha.com/article/1318501-coca-cola-for-your-retirement-portfolio?source=feed 1318501 Even with the stock market continuing to go up (and break records) so many still cannot retire when they thought they could. Many investors reduced their equity exposure, or left the stock market completely, and have been sitting in cash or low-yielding bonds. This, combined with losses from the crash of 2008 and 2009, has left many people struggling to figure out how they might retire before they're 65 or even 70 years old.

Because of the issues I just cited, along with many others, more than half of those approaching retirement fear that they will run out of money. Because of this we have a record number of people in this country working into their 70s. There are also more people than ever before that have cut their expenses to the bone, moved in with their children, or have sold their home and moved into a low-cost apartment just

]]> Wed, 03 Apr 2013 14:55:33 -0400 Doug Carey By Doug Carey:

Even with the stock market continuing to go up (and break records) so many still cannot retire when they thought they could. Many investors reduced their equity exposure, or left the stock market completely, and have been sitting in cash or low-yielding bonds. This, combined with losses from the crash of 2008 and 2009, has left many people struggling to figure out how they might retire before they're 65 or even 70 years old.

Because of the issues I just cited, along with many others, more than half of those approaching retirement fear that they will run out of money. Because of this we have a record number of people in this country working into their 70s. There are also more people than ever before that have cut their expenses to the bone, moved in with their children, or have sold their home and moved into a low-cost apartment just


Complete Story »]]> JNJ PNG WMT XOM KO Doug Carey 10 Bright M/Y Utilities Dogs Sniff 5.7% To 98.6% Gains For March http://seekingalpha.com/article/1312141-10-bright-m-y-utilities-dogs-sniff-5-7-to-98-6-gains-for-march?source=feed 1312141 This Morningstar/YChart (M/Y) report series began last month and was prompted by Seeking Alpha reader requests. It complemented my reports of possible dividend-yield-based buy opportunities from eight major market sectors as listed by Yahoo Finance, which I've posted since the fall of 2011.

So, responding to both the Seeking Alpha reader request and Ycharts.com migration to an 11 sector list, this report provided three actionable conclusions about the brightest dogs of the Morningstar/YCharts (M/Y) sectors: basic materials, communication services, consumer cyclical, consumer defensive, energy, financial services, healthcare, industrials, real estate, technology, and utilities. These sectors were all subjected to screening based on a once per year trading system, triggered by yield augmented with one-year mean target price estimates from broker analysts.

The online investor tutor, Investor Glossary, recently offered this brief description of dividend dog methodology: "...[I]nvented to find the 10 stocks of the 30-

]]> Mon, 01 Apr 2013 12:42:03 -0400 Fredrik Arnold By Fredrik Arnold:

This Morningstar/YChart (M/Y) report series began last month and was prompted by Seeking Alpha reader requests. It complemented my reports of possible dividend-yield-based buy opportunities from eight major market sectors as listed by Yahoo Finance, which I've posted since the fall of 2011.

So, responding to both the Seeking Alpha reader request and Ycharts.com migration to an 11 sector list, this report provided three actionable conclusions about the brightest dogs of the Morningstar/YCharts (M/Y) sectors: basic materials, communication services, consumer cyclical, consumer defensive, energy, financial services, healthcare, industrials, real estate, technology, and utilities. These sectors were all subjected to screening based on a once per year trading system, triggered by yield augmented with one-year mean target price estimates from broker analysts.

The online investor tutor, Investor Glossary, recently offered this brief description of dividend dog methodology: "...[I]nvented to find the 10 stocks of the 30-


Complete Story »]]> AMID APU AT CIG ETR FE JE NKA NRGY PNG PVR SPH TAC TE TGS UTL Fredrik Arnold Ormat Technologies Worthy Of Alternative Energy Investors Review http://seekingalpha.com/article/1312091-ormat-technologies-worthy-of-alternative-energy-investors-review?source=feed 1312091 Israeli-based Ormat Technologies (ORA) is a premiere geothermal firm operating in the US. As a renewable resource, geothermal power generation has several advantages to its brethren solar and wind. The main advantage is the ability to use geothermal as a base load power-generating source rather than the intermittent characteristics of solar and wind. This difference should make geothermal a preferred renewable source.

While small within the world of power generation, OMA operates 575 MW of total output, spread across several plants in the US and abroad. 406MW of geothermal generation are directly owned by OMA in the US, 53MW are from industrial energy recovery facilities and the balance is international facilities.

Below is a table listing operating capacity by ORA's facilities.

(click to enlarge)

The concept of geothermal is relatively simple: drill into the earth where the natural heat turns water into steam and utilize the steam to drive

]]> Mon, 01 Apr 2013 12:29:51 -0400 Jon Parepoynt ByJon Parepoynt:

Israeli-based Ormat Technologies (ORA) is a premiere geothermal firm operating in the US. As a renewable resource, geothermal power generation has several advantages to its brethren solar and wind. The main advantage is the ability to use geothermal as a base load power-generating source rather than the intermittent characteristics of solar and wind. This difference should make geothermal a preferred renewable source.

While small within the world of power generation, OMA operates 575 MW of total output, spread across several plants in the US and abroad. 406MW of geothermal generation are directly owned by OMA in the US, 53MW are from industrial energy recovery facilities and the balance is international facilities.

Below is a table listing operating capacity by ORA's facilities.

(click to enlarge)

The concept of geothermal is relatively simple: drill into the earth where the natural heat turns water into steam and utilize the steam to drive


Complete Story »]]> EIX PNG ORA Jon Parepoynt Plains All American Pipeline: Growing Dividend Equals Outstanding Total Returns http://seekingalpha.com/article/1261521-plains-all-american-pipeline-growing-dividend-equals-outstanding-total-returns?source=feed 1261521 Plains All American Pipelines LP (PAA) is a large cap MLP stock that should be on the radar - if not in the portfolio - of every income investor. As one of the handful of large-cap MLPs, Plains All American has carved out its spot in the energy midstream space with plenty of growth potential for the foreseeable future.

Note: MLP companies such as Calumet Specialty Products have units and pay distributions. The words stock, shares and dividends may be used here with the understanding that the rules of MLP units apply including the tax consequences of investing in MLP units.

Business Overview

The primary business of Plains All American is the transport and storage of crude oil on its way from the oil drilling plays to the refineries. Additional businesses include transport and processing of natural gas liquids and the storage of refined petroleum products and natural gas.

]]> Sun, 10 Mar 2013 21:22:11 -0400 Tim Plaehn By Tim Plaehn:

Plains All American Pipelines LP (PAA) is a large cap MLP stock that should be on the radar - if not in the portfolio - of every income investor. As one of the handful of large-cap MLPs, Plains All American has carved out its spot in the energy midstream space with plenty of growth potential for the foreseeable future.

Note: MLP companies such as Calumet Specialty Products have units and pay distributions. The words stock, shares and dividends may be used here with the understanding that the rules of MLP units apply including the tax consequences of investing in MLP units.

Business Overview

The primary business of Plains All American is the transport and storage of crude oil on its way from the oil drilling plays to the refineries. Additional businesses include transport and processing of natural gas liquids and the storage of refined petroleum products and natural gas.


Complete Story »]]> PNG PAA Tim Plaehn How A Company Like Johnson & Johnson Can Rescue Your Retirement http://seekingalpha.com/article/1207271-how-a-company-like-johnson-johnson-can-rescue-your-retirement?source=feed 1207271 We've heard the problems again and again: interest rates are too low, savings aren't enough, and too many people lost too much wealth over the past five years to be able to retire before they're 70.

Because of the issues I just cited, along with many others, more than half of those approaching retirement fear that they will run out of money. Because of this we have a record number of people in this country working into their 70s. There are also more people than ever before that have cut their expenses to the bone, moved in with their children, or have sold their home and moved into a low-cost apartment just so they are sure they won't run out of money.

Needless to say, this isn't the dream retirement that so many people had. Not only is this a tough state of affairs to be in, but the whole

]]> Wed, 20 Feb 2013 13:21:50 -0500 Doug Carey By Doug Carey:

We've heard the problems again and again: interest rates are too low, savings aren't enough, and too many people lost too much wealth over the past five years to be able to retire before they're 70.

Because of the issues I just cited, along with many others, more than half of those approaching retirement fear that they will run out of money. Because of this we have a record number of people in this country working into their 70s. There are also more people than ever before that have cut their expenses to the bone, moved in with their children, or have sold their home and moved into a low-cost apartment just so they are sure they won't run out of money.

Needless to say, this isn't the dream retirement that so many people had. Not only is this a tough state of affairs to be in, but the whole


Complete Story »]]> KO PNG WMT XOM JNJ Doug Carey PAA Natural Gas Storage's CEO Discusses Q4 2012 Results - Earnings Call Transcript http://seekingalpha.com/article/1166271-paa-natural-gas-storage-s-ceo-discusses-q4-2012-results-earnings-call-transcript?source=feed 1166271 PAA Natural Gas Storage, L.P. (PNG)

Q4 2012 Earnings Call

February 7, 2013 11:00 AM ET

Executives

Roy Lamoreaux – Director, IR

Greg Armstrong – Chairman and CEO

Harry Pefanis – Vice Chairman

Dean Liollio – President

Al Swanson – EVP and CFO

Analysts

Darren Horowitz – Raymond James

Steve Sherowski – Goldman Sachs

Brian Zarahn – Barclays Capital

Brian Zarahn – Baird Equity Research

Ross Payne – Wells Fargo

Becca Followill – U.S. Capital Advisors

Connie Hsu – Morningstar

John Edwards – Credit Suisse

Michael Blum – Wells Fargo

Ethan Bellamy – Baird Equity Research

Mark Reichman – Simmons & Company

Dennis Coleman – Bank of America Merrill Lynch

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the PAA and PNG Fourth Quarter and Full Year 2012 Results. At this time, everyone is in a listen-only mode. Later, we’ll have a question and answer session,

]]> Thu, 07 Feb 2013 17:15:06 -0500 PAA Natural Gas Storage, L.P. (PNG)

Q4 2012 Earnings Call

February 7, 2013 11:00 AM ET

Executives

Roy Lamoreaux – Director, IR

Greg Armstrong – Chairman and CEO

Harry Pefanis – Vice Chairman

Dean Liollio – President

Al Swanson – EVP and CFO

Analysts

Darren Horowitz – Raymond James

Steve Sherowski – Goldman Sachs

Brian Zarahn – Barclays Capital

Brian Zarahn – Baird Equity Research

Ross Payne – Wells Fargo

Becca Followill – U.S. Capital Advisors

Connie Hsu – Morningstar

John Edwards – Credit Suisse

Michael Blum – Wells Fargo

Ethan Bellamy – Baird Equity Research

Mark Reichman – Simmons & Company

Dennis Coleman – Bank of America Merrill Lynch

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the PAA and PNG Fourth Quarter and Full Year 2012 Results. At this time, everyone is in a listen-only mode. Later, we’ll have a question and answer session,

<br/><a href='http://seekingalpha.com/article/1166271-paa-natural-gas-storage-s-ceo-discusses-q4-2012-results-earnings-call-transcript?source=feed'>Complete Story &raquo;</a>]]> PNG Invest For The Long Haul With Plains All American Pipeline http://seekingalpha.com/article/1157131-invest-for-the-long-haul-with-plains-all-american-pipeline?source=feed 1157131 In a previous series of energy-related articles, I discussed how the resurgence of natural gas would give us a solid alternative to oil for transportation energy needs. In addition, natural gas will also provide us with additional supplies of petrochemicals to offset the world's insatiable demand for them and their end products, which includes just about everything you might currently purchase at Wal-Mart.

The gas shale boom has come along just in time to offset declining cheap oil supplies and offer the US, in particular, the enviable position of net energy exporter of the future. Those who have excess energy tend to have stronger and more resilient long-term economies.

In addition to boosting our prospects of economic stability based upon a solid foundation of domestic energy supplies, the boom in natural gas and oil production in the United States provides investors with many potential

]]> Tue, 05 Feb 2013 11:44:44 -0500 Robert Kientz By Robert Kientz:

In a previous series of energy-related articles, I discussed how the resurgence of natural gas would give us a solid alternative to oil for transportation energy needs. In addition, natural gas will also provide us with additional supplies of petrochemicals to offset the world's insatiable demand for them and their end products, which includes just about everything you might currently purchase at Wal-Mart.

The gas shale boom has come along just in time to offset declining cheap oil supplies and offer the US, in particular, the enviable position of net energy exporter of the future. Those who have excess energy tend to have stronger and more resilient long-term economies.

In addition to boosting our prospects of economic stability based upon a solid foundation of domestic energy supplies, the boom in natural gas and oil production in the United States provides investors with many potential


Complete Story »]]> PNG PAA Robert Kientz National Fuel Gas: A Natural Gas Utility With Pipelines, Exploration And Production http://seekingalpha.com/article/874121-national-fuel-gas-a-natural-gas-utility-with-pipelines-exploration-and-production?source=feed 874121 Founded in 1902, National Fuel Gas (NFG) is often overlooked by most utility and natural gas investors. This mid-cap company has all the natural gas bases covered - natural gas regulated utility, natural gas E&P, natural gas pipelines, and natural gas storage. If you like natural gas as a long-term investment, NFG should be strongly considered for your portfolio. NFG offers pipelines and E&P diversification for gas utility investors and utility exposure for pipeline and E&P investors.

Natural Fuel Gas serves 732,000 customers through its regulated gas utility in the greater Buffalo area, down the eastern shore of Lake Erie to Erie, PA, and over to Jamestown, NY, and Sharron, PA. The utility segment will contribute about 25% of anticipated 2012 earnings. There is not much exciting about the utility segment, except for the traditional stability of earnings and investor returns. Like many natural gas utilities, NFG is expected to

]]> Tue, 18 Sep 2012 14:04:42 -0400 Jon Parepoynt ByJon Parepoynt:

Founded in 1902, National Fuel Gas (NFG) is often overlooked by most utility and natural gas investors. This mid-cap company has all the natural gas bases covered - natural gas regulated utility, natural gas E&P, natural gas pipelines, and natural gas storage. If you like natural gas as a long-term investment, NFG should be strongly considered for your portfolio. NFG offers pipelines and E&P diversification for gas utility investors and utility exposure for pipeline and E&P investors.

Natural Fuel Gas serves 732,000 customers through its regulated gas utility in the greater Buffalo area, down the eastern shore of Lake Erie to Erie, PA, and over to Jamestown, NY, and Sharron, PA. The utility segment will contribute about 25% of anticipated 2012 earnings. There is not much exciting about the utility segment, except for the traditional stability of earnings and investor returns. Like many natural gas utilities, NFG is expected to


Complete Story »]]> EQM EQT PAA PNG NFG Jon Parepoynt Tracking George Soros' Portfolio: Q2 2012 Update http://seekingalpha.com/article/815291-tracking-george-soros-portfolio-q2-2012-update?source=feed 815291 This article is part of a series that provides an ongoing analysis of the changes made to George Soros' US stock portfolio on a quarterly basis. It is based on George Soros' regulatory 13F Form filed on 08/14/2012. Please visit our Tracking Soros Fund Management Holdings article for an idea on how his holdings have progressed over the years and our previous update highlighting the fund's moves during Q1 2012.

Soros Fund Management invests globally and the long positions in the US market reported in the 13F filings represent only ~20% of the overall portfolio. The 13F portfolio increased marginally this quarter from $6.84B to $6.92B. The number of positions came down from 201 to 168. Very small stock positions and large debt holdings together account for the vast majority of the portfolio holdings.

US long stock holdings of significant size (>0.5%) represent about 40% of the

]]> Sat, 18 Aug 2012 10:22:54 -0400 John Vincent By John Vincent:

This article is part of a series that provides an ongoing analysis of the changes made to George Soros' US stock portfolio on a quarterly basis. It is based on George Soros' regulatory 13F Form filed on 08/14/2012. Please visit our Tracking Soros Fund Management Holdings article for an idea on how his holdings have progressed over the years and our previous update highlighting the fund's moves during Q1 2012.

Soros Fund Management invests globally and the long positions in the US market reported in the 13F filings represent only ~20% of the overall portfolio. The 13F portfolio increased marginally this quarter from $6.84B to $6.92B. The number of positions came down from 201 to 168. Very small stock positions and large debt holdings together account for the vast majority of the portfolio holdings.

US long stock holdings of significant size (>0.5%) represent about 40% of the


Complete Story »]]> AAPL ACTG AGRO CHTR CLX CMVT CVI CVX DISH DVA ELN EQT ESRX EXAR EXTR GDX GDXJ GE GLD IOC IWM M MDCO MHS MOS MRCY MSI NTAP PEP PNG QQQ RDS.A SFLY SPY STI TSO WFC WMT WPRT XLP XLV John Vincent Plains All American Pipeline Looks Like A Great Bet In A Tough Market http://seekingalpha.com/article/797181-plains-all-american-pipeline-looks-like-a-great-bet-in-a-tough-market?source=feed 797181 Plains All American Pipeline LP (PAA) reported Q2 2012 earnings on August 6, 2012. It roughly met analysts' estimated revenues, which amounted to approximately 10.5% year over year growth; but it beat hugely on earnings. It reported earnings of $1.85 per unit compared with the analysts' estimate of $1.66. It smashed the year ago quarter's earnings of $1.12 with a 65% increase in earnings year over year. In July, PAA declared an 8.4% year-over-year increase in its annualized distribution to $4.26 (a 4.98% dividend/distribution) per common unit. It has averaged a 7.5% CAGR in its distribution amount for the last 11.5 years. Since 1998, it has gained 388% due to stock appreciation alone. This far surpasses the gains of the S&P500 even with considering PAA's higher dividend/distribution. Further, PAA upped its FY2012 EBITDA guidance by $80 million (or 4%) over its last guidance announcement of May 7, 2012.

PAA's

]]> Fri, 10 Aug 2012 04:40:47 -0400 David White By David White:

Plains All American Pipeline LP (PAA) reported Q2 2012 earnings on August 6, 2012. It roughly met analysts' estimated revenues, which amounted to approximately 10.5% year over year growth; but it beat hugely on earnings. It reported earnings of $1.85 per unit compared with the analysts' estimate of $1.66. It smashed the year ago quarter's earnings of $1.12 with a 65% increase in earnings year over year. In July, PAA declared an 8.4% year-over-year increase in its annualized distribution to $4.26 (a 4.98% dividend/distribution) per common unit. It has averaged a 7.5% CAGR in its distribution amount for the last 11.5 years. Since 1998, it has gained 388% due to stock appreciation alone. This far surpasses the gains of the S&P500 even with considering PAA's higher dividend/distribution. Further, PAA upped its FY2012 EBITDA guidance by $80 million (or 4%) over its last guidance announcement of May 7, 2012.

PAA's


Complete Story »]]> EPD PNG PAA David White PAA Natural Gas Storage's CEO Discusses Q2 2012 Results - Earnings Call Transcript http://seekingalpha.com/article/788241-paa-natural-gas-storage-s-ceo-discusses-q2-2012-results-earnings-call-transcript?source=feed 788241 PAA Natural Gas Storage, L.P. (PNG)

Q2 2012 Earnings Call

August 7, 2012 11:00 a.m. ET

Executives

Roy Lamoreaux – Director of Investor Relations

Greg L. Armstrong – Chairman & CEO

Al Swanson – Chief Financial Officer

Harry Pefanis – President & COO of PAA

Dean Liollio – President of PNG

Analysts

Darren Horowitz – Raymond James

Brian Zarahn – Barclays

Ted Durbin – Goldman Sachs

Michael Blum – Wells Fargo

Ross Payne – Wells Fargo

Selman Akyol – Stifel Nicolaus

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the PAA and PNG Second-Quarter Results Conference Call. (Operator instructions) At this time, I will turn the conference call over to your host, Director of Investor Relations, Mr. Roy Lamoreaux. Please go ahead, sir.

Roy Lamoreaux

Good morning and welcome you to the Plains All American Pipelines and PAA Natural Gas Storage’s Second-Quarter 2012 Results Conference

]]> Tue, 07 Aug 2012 18:34:02 -0400 PAA Natural Gas Storage, L.P. (PNG)

Q2 2012 Earnings Call

August 7, 2012 11:00 a.m. ET

Executives

Roy Lamoreaux – Director of Investor Relations

Greg L. Armstrong – Chairman & CEO

Al Swanson – Chief Financial Officer

Harry Pefanis – President & COO of PAA

Dean Liollio – President of PNG

Analysts

Darren Horowitz – Raymond James

Brian Zarahn – Barclays

Ted Durbin – Goldman Sachs

Michael Blum – Wells Fargo

Ross Payne – Wells Fargo

Selman Akyol – Stifel Nicolaus

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the PAA and PNG Second-Quarter Results Conference Call. (Operator instructions) At this time, I will turn the conference call over to your host, Director of Investor Relations, Mr. Roy Lamoreaux. Please go ahead, sir.

Roy Lamoreaux

Good morning and welcome you to the Plains All American Pipelines and PAA Natural Gas Storage’s Second-Quarter 2012 Results Conference

<br/><a href='http://seekingalpha.com/article/788241-paa-natural-gas-storage-s-ceo-discusses-q2-2012-results-earnings-call-transcript?source=feed'>Complete Story &raquo;</a>]]> PNG 5 Rallying Utilities With Strong Receivable Trends http://seekingalpha.com/article/769091-5-rallying-utilities-with-strong-receivable-trends?source=feed 769091

Do you like to trade on a stock's momentum trends? If so, here's a stock list you may be interested in.

We began by screening the utilities sector for stocks with positive market sentiment, rallying above their 20-day, 50-day, and 200-day moving averages.

We then screened for those stocks with strong sales trends, comparing growth in revenue to growth in accounts receivable. Since accounts receivable is the portion of revenue not yet received, and there is no guarantee the money will ever be received, the smaller the portion of revenue made up of receivables the healthier the company's revenue.

We screened for stocks seeing faster growth in revenue than accounts receivable year-over-year, as well as accounts receivable comprising a smaller portion of current assets over the same time period.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided

]]> Wed, 01 Aug 2012 09:13:54 -0400 Kapitall By Kapitall:

Do you like to trade on a stock's momentum trends? If so, here's a stock list you may be interested in.

We began by screening the utilities sector for stocks with positive market sentiment, rallying above their 20-day, 50-day, and 200-day moving averages.

We then screened for those stocks with strong sales trends, comparing growth in revenue to growth in accounts receivable. Since accounts receivable is the portion of revenue not yet received, and there is no guarantee the money will ever be received, the smaller the portion of revenue made up of receivables the healthier the company's revenue.

We screened for stocks seeing faster growth in revenue than accounts receivable year-over-year, as well as accounts receivable comprising a smaller portion of current assets over the same time period.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided


Complete Story »]]> ARTNA CTWS PNG TRP YORW Kapitall 3 Rallying Utilities With Strong Receivable Trends http://seekingalpha.com/article/755891-3-rallying-utilities-with-strong-receivable-trends?source=feed 755891

Do you consider a stock's sales trends when choosing among names? Sales are often the primary source of profits, so a sales analysis should be high on your checklist. To illustrate, we ran a screen.

We began by screening the utilities sector for stocks with strong upward momentum, rallying above their 20-day, 50-day, and 200-day moving averages.

We then screened for those stocks with strong sales trends, comparing growth in revenue to growth in accounts receivable. Since accounts receivable is the portion of revenue not yet received, and there is no guarantee the money will ever be received, the smaller the portion of revenue made up of receivables the healthier the company's revenue.

We screened for stocks seeing faster growth in revenue than accounts receivable year-over-year, as well as accounts receivable comprising a smaller portion of current assets over the same time period.

For an interactive version of this chart,

]]> Fri, 27 Jul 2012 03:42:27 -0400 Kapitall By Kapitall:

Do you consider a stock's sales trends when choosing among names? Sales are often the primary source of profits, so a sales analysis should be high on your checklist. To illustrate, we ran a screen.

We began by screening the utilities sector for stocks with strong upward momentum, rallying above their 20-day, 50-day, and 200-day moving averages.

We then screened for those stocks with strong sales trends, comparing growth in revenue to growth in accounts receivable. Since accounts receivable is the portion of revenue not yet received, and there is no guarantee the money will ever be received, the smaller the portion of revenue made up of receivables the healthier the company's revenue.

We screened for stocks seeing faster growth in revenue than accounts receivable year-over-year, as well as accounts receivable comprising a smaller portion of current assets over the same time period.

For an interactive version of this chart,


Complete Story »]]> PNG TRP YORW Kapitall Natural Gas Is Still The Best Energy Play http://seekingalpha.com/article/746451-natural-gas-is-still-the-best-energy-play?source=feed 746451 The U.S. Energy Information Administration (EIA) reported the U.S. natural gas inventories rose by a total of 28 billion cubic feet, at the lower end of an expected increase in the 28 billion to 32 billion cubic foot range.

The EIA reported that U.S. working inventory of natural gas totaled 3.16 trillion cubic feet, about 470 billion cubic feet higher than the five-year average of 2.69 trillion cubic feet. Working gas in storage totaled 2.65 trillion cubic feet for the same period a year ago. U.S. natural gas inventories are about 19% higher than they were a year ago and nearly 18% higher than the 5-year average. Both figures are lower than they were a week ago.

(click to enlarge)

The mix of fuels used to generate electricity has varied over time. Several factors, especially changes in relative fossil fuel prices, have influenced the mix of energy sources used.

]]> Wed, 25 Jul 2012 07:41:33 -0400 Greg Group By greg group:

The U.S. Energy Information Administration (EIA) reported the U.S. natural gas inventories rose by a total of 28 billion cubic feet, at the lower end of an expected increase in the 28 billion to 32 billion cubic foot range.

The EIA reported that U.S. working inventory of natural gas totaled 3.16 trillion cubic feet, about 470 billion cubic feet higher than the five-year average of 2.69 trillion cubic feet. Working gas in storage totaled 2.65 trillion cubic feet for the same period a year ago. U.S. natural gas inventories are about 19% higher than they were a year ago and nearly 18% higher than the 5-year average. Both figures are lower than they were a week ago.

(click to enlarge)

The mix of fuels used to generate electricity has varied over time. Several factors, especially changes in relative fossil fuel prices, have influenced the mix of energy sources used.


Complete Story »]]> DVN LNG NKA PNG Greg Group