Seeking Alpha

bruce.cameron

bruce.cameron
Send Message
View as an RSS Feed
View bruce.cameron's Comments BY TICKER:
Latest  |  Highest rated
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    Replace those low yield stocks now with things like, BBEP, MMEP, PSC, Main. There are a lot of good high yield replacements paying dividends or return of capital at very good rates. Like you if I had known how good this retirement thing was I would have done it sooner.
    Mar 11 08:41 AM | 2 Likes Like |Link to Comment
  • Strong Demand Will Keep BreitBurn Afloat [View article]
    I have loved BBEP and MEMP for a while now but I'm starting to get worried about the changes in the oil market. Prices dropped just this morning because of the reported Iran deal. BBEP's production is good and getting better but so is everyone else's. Dropping prices for the barrel are going to squeeze oil producers profits and dividends. Be careful about forward looking projections, oil transports and oil users may be in a better position going forward.
    Nov 25 09:05 AM | 1 Like Like |Link to Comment
  • After A Rough Quarter, Northern Tier Energy Moves To The Top Of The Refinery MLPs [View article]
    Maybe I'm wrong but by 2015 Libbia will be more sorted politically so more oil for Europe. If Iran comes up with a deal on fissionable material production then sanctions will start to be lifted on their oil. An article in Tanker Operator is about the largest ship ever built, which is going to be a gas to liquid platform off Australia, better access for China and Japan. Brazil, which already runs just about everything on refined sugar cane, and has large areas off the coast where oil has been reported. As the US imports less, more oil is available on the world market. I think a squeeze is starting on everything for oil and gas profits. If you make 5% profit on a barrel of oil and the price drops so does the income.
    Nov 16 01:01 PM | 1 Like Like |Link to Comment
  • After A Rough Quarter, Northern Tier Energy Moves To The Top Of The Refinery MLPs [View article]
    Of all the refiners NTI seems to be well run and in a better position than most. Their cost per barrel is lower than WTI but....we are at the beginning of a squeeze on oil. Every day the US becomes more oil independent, more oil less price. Storage of oil and nat gas is at an all time high, shipping rates for tankers are starting to rise because more is being shipped. There are a lot of countries that use and need oil but the supply is available and going to increase. That pushes north sea, wti and NTI's favorable Canada crude price down. Be very careful about future dividends, they may not be what we expect, they may always be below .50.
    Nov 16 08:56 AM | Likes Like |Link to Comment
  • Western Refining Set To Take Control Of Northern Tier Energy? [View article]
    The metrics will change but the price will not go up. By 2015 Libbia will be more sorted politically so more oil to Europe. If Iran comes up with a deal on fissionable material production then sanctions will start to be lifted on their oil. There's an article in Tanker Operator [or monthly] about the largest ship ever built, which is going to be a gas to liquid platform off Australia, better access for China and Japan. And lets not forget Brazil, which already runs just about everything on refined sugar cane, and has large areas off the coast where oil has been reported. The squeeze is starting on everything for oil and gas profits.
    Nov 13 12:27 PM | Likes Like |Link to Comment
  • Western Refining Set To Take Control Of Northern Tier Energy? [View article]
    Refiners and oil companies are about to get hit. Shell pulled out of refracting because the money is not there. Storage capacity is getting lower because it all being used. US, Canada and Mexico are awash in oil. Price of gas going down is on the nightly news.Tanker rates are starting to improve because its being shipped more. All the signs are there, consolidation and shake out in drilling and refining is about to happen.
    Nov 13 09:55 AM | Likes Like |Link to Comment
  • BDC Risk Profiles: Part 2 [View article]
    If you would, consider adding NGPC to the list. When I read your articles I feel like I'm back in class. Your doing a really good job.
    May 23 12:03 PM | Likes Like |Link to Comment
  • CVR Refining Prices Public Offering at $30.75 per Common Unit [View article]
    My cash balance is low otherwise I would be adding some to my holdings also.
    May 21 10:52 AM | Likes Like |Link to Comment
  • CVR Refining Prices Public Offering at $30.75 per Common Unit [View article]
    Is this a buying opportunity; given summer driving season price at the pump and low cost of product at the well head; the crack spread is staying favorable into the fall so the dividend should remain at current levels, correct????
    May 20 08:18 AM | Likes Like |Link to Comment
  • Looking At Fundamental Questions In MLP Investment [View article]
    Don't forget there are MLP's outside gas, coal and oil and ETF's of MLP's [although the fees there seem counter productive], diversification is a good thing.
    May 18 03:12 PM | Likes Like |Link to Comment
  • CVR Refining Prices Public Offering at $30.75 per Common Unit [View article]
    I'm not sure this changes much of anything, the float doesn't change so shares are being reallocated in the holding companies and the cash generated goes to the same companies. ICN stated purpose is to buy companies, so if they end up with the cash it's so they can work it. In the future what does CVRR do with the shares it ends up with.
    May 15 08:17 AM | Likes Like |Link to Comment
  • How This Oil Refiner Became Carl Icahn's Lucky Accident [View article]
    What makes ALDW and NTI different is their retail operations, I would think that gives them an edge in comparison to CVI/CVRR. What are the guesses on the first dividend for CVRR.
    Feb 28 12:29 PM | Likes Like |Link to Comment
  • Smart Money Is Buying These 4 Oil And Natural Gas MLPs [View article]
    Where does CRVV fit with these
    Feb 27 12:39 PM | 2 Likes Like |Link to Comment
  • Teekay Tankers Management Discusses Q4 2012 Results - Earnings Call Transcript [View article]
    If TNK can't give more than .03 dividend now how are they going to go to fixed dividend of .12 by mid year.
    Feb 26 10:04 AM | Likes Like |Link to Comment
  • My Mad Method: Replacing The MLPs In My IRA, Part 1 [View article]
    Has anyone actually gotten a ruling from the IRS on the premise put forth that the IRS does in fact tax MLPs in IRAs as stated.
    Feb 12 10:34 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
21 Comments
26 Likes