The Obama administration approves ConocoPhillips-led (COP +0.3%) Freeport LNG as the second U.S. liquefaction project to gain federal approval to export chilled natural gas to countries without free trade agreements with the U.S. The decision is an important harbinger for the remaining 19 applications to export gas to non-FTA countries. [View news story]
COP is still undervalued and pays a good dividend.
Ultimate Sustainable Dividend Portfolio - May 2013 Update - Crushing the S&P 500 [View article]
May I suggest that you add KMI to your list. Can you name one other stock that has raised its dividend six times in six consecutive quarters, and no end in sight.
ConocoPhillips: A Closer Look At One Of The Supermajors [View article]
Conoco is actually shedding some of its far-flung worldwide properties in favor of acquiring more in the Bakken and Texas shale -- a lot closer to its refineries.
The Conoco Phillips Spin-Off Of Phillips 66: 1 Year Later [View article]
It may be worth noting that COP (as well as other major oil companies) are now disposing of many of their far-flung worldwide operations, and trading them in for investments closer to US refineries, e.g. Texas Shale and Bakken. This should benefit both upstream (COP) and downstream (PSX).
Spotting The Undervalued And The Overvalued Small Midstream Companies (Part IV) [View article]
I can see your points but I still prefer Gibson's conservative 52% payout, whereas Spectra's payout seems unsustainably high, and Keyera even pays out far more than it takes in, so a dividend cut will be foreseeable.
5 Dividend-Paying Companies Repurchasing Their Stock [View article]
Most buybacks are merely replacing the shares given away for free to directors and senior executives. To make sure that they are genuine buybacks, an investor should always check whether the number of outstanding shares has actually been reduced.
Qualcomm: Understanding The Risks Before You Buy [View article]
What to do -- buy or sell? If you own lots of QCOM bought at low price, you may wish to sell half and take a profit. If you bought QCOM only recently at a much higher price you may choose to buy more and cost-average down.
As for me, I will follow my old principle: If in doubt, do nothing.
More on Qualcomm: 173M MSM chip shipments in FQ2, +14% Y/Y and at high end of guidance. 163M-173M shipments seen in FQ3 (+16%-23%). Royalty-bearing device sales +18% Y/Y in Dec. quarter, but ASP fell to $214-$220 from Sep. quarter's $224-$230 (affects royalties/margins) and device sales growth seen dropping to 7%-17% for March quarter. FY13 ASP guidance narrowed to $216-$224; calendar year device guidance raised by 15M to 1.05B. Free cash flow +10% Y/Y to $1.99B vs. net income of $2.07B. R&D spend +28% Y/Y, SG&A +14%. No buybacks (that could soon change). QCOM -5.2% AH. CC at 4:45PM ET (webcast). (PR) (slides) [View news story]
"No buybacks" is incorrect. They announced a new 5 billion buyback program just last month.
Qualcomm (QCOM): FQ2 EPS of $1.17 beats by $0.01. Revenue of $6.12B (+24% Y/Y) beats by $50M. Expects FQ3 revenue of $5.8B-$6.3B and EPS of $0.97-$1.05 vs. consensus of $5.88B and $1.04. Expects FY13 revenue of $24B-$25B and EPS of $4.40-$4.55 vs. consensus of $24.1B and $4.53. Shares -5.1% AH. (PR) [View news story]
I think the after-hours reaction is ridiculous. This may be a buying opportunity.
The Obama administration approves ConocoPhillips-led (COP +0.3%) Freeport LNG as the second U.S. liquefaction project to gain federal approval to export chilled natural gas to countries without free trade agreements with the U.S. The decision is an important harbinger for the remaining 19 applications to export gas to non-FTA countries. [View news story]
Ultimate Sustainable Dividend Portfolio - May 2013 Update - Crushing the S&P 500 [View article]
Too Many Oil Bargains: Which Is The Best Bet For Now? [View article]
Has McDonald's Price Hit A Ceiling? [View article]
ConocoPhillips: A Closer Look At One Of The Supermajors [View article]
The Conoco Phillips Spin-Off Of Phillips 66: 1 Year Later [View article]
Is It Worth Holding Cash And Being Patient? [View article]
Spotting The Undervalued And The Overvalued Small Midstream Companies (Part IV) [View article]
5 Dividend-Paying Companies Repurchasing Their Stock [View article]
CMS Energy (CMS): Q1 EPS of $0.53 beats by $0.03. Revenue of $1.98B beats by $0.13B. (PR) [View news story]
Qualcomm: Understanding The Risks Before You Buy [View article]
If you own lots of QCOM bought at low price, you may wish to sell half and take a profit.
If you bought QCOM only recently at a much higher price you may choose to buy more and cost-average down.
As for me, I will follow my old principle: If in doubt, do nothing.
Qualcomm: What The Heck Happened? [View article]
More on Qualcomm: 173M MSM chip shipments in FQ2, +14% Y/Y and at high end of guidance. 163M-173M shipments seen in FQ3 (+16%-23%). Royalty-bearing device sales +18% Y/Y in Dec. quarter, but ASP fell to $214-$220 from Sep. quarter's $224-$230 (affects royalties/margins) and device sales growth seen dropping to 7%-17% for March quarter. FY13 ASP guidance narrowed to $216-$224; calendar year device guidance raised by 15M to 1.05B. Free cash flow +10% Y/Y to $1.99B vs. net income of $2.07B. R&D spend +28% Y/Y, SG&A +14%. No buybacks (that could soon change). QCOM -5.2% AH. CC at 4:45PM ET (webcast). (PR) (slides) [View news story]
Qualcomm (QCOM): FQ2 EPS of $1.17 beats by $0.01. Revenue of $6.12B (+24% Y/Y) beats by $50M. Expects FQ3 revenue of $5.8B-$6.3B and EPS of $0.97-$1.05 vs. consensus of $5.88B and $1.04. Expects FY13 revenue of $24B-$25B and EPS of $4.40-$4.55 vs. consensus of $24.1B and $4.53. Shares -5.1% AH. (PR) [View news story]
Qualcomm: Promising Growth Prospects With On-Sale Valuation [View article]