Seeking Alpha


Send Message
View as an RSS Feed
View 7iron10's Comments BY TICKER:

Latest  |  Highest rated
  • Kinder Morgan Is Nothing Special [View article]
    These comments make very little sense to me.

    You collected tax-deferred distributions from KMP, yes? Then you pay taxes. That's how the world works, get over it. You were better off after the sale of KMP than before you bought it - you made a profit. You just didn't get to eat your cake.
    Nov 11, 2015. 11:52 PM | 5 Likes Like |Link to Comment
  • Kinder Morgan Is Nothing Special [View article]
    Your rational for zero yield being what, exactly? Bankruptcy discussions aren't even relevant and the debt doesn't have to be paid back; debt has to be serviced (interest). Sure they could cut the dividend and pay back their debt in ~11 years or so (with no growth capex)...but why?
    Nov 11, 2015. 11:43 PM | 4 Likes Like |Link to Comment
  • Kinder Morgan Is Nothing Special [View article]
    2-3x for most companies? Try 3-5x?
    Nov 11, 2015. 11:28 PM | 3 Likes Like |Link to Comment
  • McDonald's Ambitious Capital Allocation Plan [View article]
    This exactly. Zero reason to borrow at these levels.
    Nov 11, 2015. 09:56 PM | Likes Like |Link to Comment
  • Kinder Morgan: Why I Don't Care About Barron's Hit Piece [View article]
    You say he's missing clues, I say he's right on point. Right now what is the total contribution of our energy needs attributable to renewable energy? And you want to increase that to 50% in 14 years? Please.
    Nov 5, 2015. 04:40 AM | 30 Likes Like |Link to Comment
  • Plains All American Pipeline beats by $0.03, misses on revenue [View news story]
    Looking at the report issued by PAGP things seem ok, given the current situation. Looking forward to the earnings conference call
    Nov 4, 2015. 12:11 AM | 2 Likes Like |Link to Comment
  • Enterprise Products misses by $0.01, misses on revenue [View news story]
    My largest mlp holding and one I don't fret about at night. Sell some covered calls and this thing is a money-maker.
    Oct 29, 2015. 06:57 PM | Likes Like |Link to Comment
  • Kinder Morgan Is Still Worth Owning For Dividend Growth Investors [View article]
    Explain how this company will collapse if it stops growing? Is its cash flow suddenly going to fall off the cliff without future capex? By predicting a collapse, you are saying KMI will be unable to service its debt - do explain. Your response should enlighten you as well as every other person drawing bankrupt or Enron conclusions about this company
    Oct 24, 2015. 05:40 AM | 6 Likes Like |Link to Comment
  • Kinder Morgan -4.5% as plan to move away from equity financing lacks specifics [View news story]
    Investing is risky business.
    Oct 22, 2015. 05:10 AM | 4 Likes Like |Link to Comment
  • Kinder Morgan Will Likely Beat Earnings [View article]
    I don't know - next earnings report for oil/gas sector reflecting a full quarter of low oil prices could send the sector tumbling back down. Add any event in the overall market and we could retest some of those (delicious) prices.
    Oct 13, 2015. 02:11 AM | 1 Like Like |Link to Comment
  • A Review Of Master Limited Partnerships [View article]
    This 'alternate' view is very misleading. As can be gleaned from the comments in said article, the author draws extensive conclusions about the entire MLP sector from a couple of small, young MLPs (akin to assuming the entire MLP sector will fail based on the behavior of one segment of the entire sector, i.e upstream).
    Oct 9, 2015. 03:11 AM | 1 Like Like |Link to Comment
  • Plains All American Pipeline, L.P. declares $0.70 dividend [View news story]
    I'll take it, and curious about next earnings release.
    Oct 7, 2015. 09:34 AM | 2 Likes Like |Link to Comment
  • Investors give big thumbs-down to Energy Transfer deal for Williams [View news story]
    FCF can also be misleading in the midstream sector. The trend is to pay out distributions from FCF and fund growth-capex from issuing shares/debt. Every one of these companies operates with significant debt and many steadily increase number of units outstanding. ~~just the way it is
    Sep 28, 2015. 05:14 PM | Likes Like |Link to Comment
  • Williams Cos, Energy Transfer Equity to combine in a $37.7B deal [View news story]
    Ya, those WPZ shareholders must be thrilled watching their units crash another 11%...
    Sep 28, 2015. 10:15 AM | 5 Likes Like |Link to Comment
  • Williams: Negative Implications Of Chesapeake Deal [View article]
    You keep using this wording, "How many other customers will get fee cuts?", hinting that WMB is giving something away without reciprocation. It's not a one-way deal - it's a mutual agreement between parties, both of which receiving something from the other in turn.

    Other customers can request lower fees all they want. Fact of the matter is they're locked into contracts and its up to WMB as to whether or not they'll modify them.

    It seems obvious you do not trust WMB management. That's your prerogative. To date, they've been quiet. Quiet does not mean untrustworthy.
    Sep 14, 2015. 07:23 AM | 1 Like Like |Link to Comment