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Coolbluelake

Coolbluelake
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  • Bakken Update: EOG Well Pad Produces Revenue Over $200 Million In 2.5 Years [View article]
    Mike, loved the EOG story you painted for all of us who follow/own this company. As you know, I own it and am sticking with it in these tough times for oil/gas. This is a beautifully done article. Your graphics and well numbers really help us understand what is going on with this company too. Nice job as always and thank you my friend for being so meticulous with the facts on EOG. Gregg
    Jun 30, 2015. 12:34 PM | 3 Likes Like |Link to Comment
  • Why Investors Should Buy Qualcomm Instead Of Intel [View article]
    Qualcom is a much better company to hold long than INTC. I like Skyworks(SWKS) too, but it has gone up so much, you may be chasing that one, rather than getting in at the right time. If SWKS drops in August as most chip stocks do, buy it and buy QCOM too if you want to do a doubleplay to own long, rather than just one. Spend half your cash on each.
    Jun 28, 2015. 05:15 PM | Likes Like |Link to Comment
  • Kinder Morgan: You Sell, I'll Buy [View article]
    Uncle Pie, like you, I owned EPD and thought it was the greatest money maker since bootlegged whiskey. I sold it after about a year because the tax issues with a partnership were just too complicated. Then along came KMI and I jumped in late last year. Last week I sold it all due to all the negative press it has been getting and rightly so. If interest rates go up, KMI is in trouble. The dividend may be unsustainable and the debt is getting pretty ugly. Richard Kinder is a great guy, don't get me wrong, but this stock appears to me to be built like a house of cards right now. I sure didn't like selling this company, but I exited to find something that is not going to suffer like this is with low oil dragging it down. Sorry guys, but I am negative on KMI.
    Jun 16, 2015. 04:46 PM | 2 Likes Like |Link to Comment
  • My Favorite Utility Stock: 41 Consecutive Years Of Increased Dividends [View article]
    Con Ed has one major problem. It must take care of aging NYC infrastructure lines that are hard to get to and are falling apart in NYC. The water, gas and electrical grid that is under so much concrete is going to be a major problem as it ages and breaks down. A better electrical utility is Public Service Enterprise Group located mostly in Connecticut and New Jersey(PEG)
    Jun 16, 2015. 02:47 PM | Likes Like |Link to Comment
  • Union Pacific: Destroyed Or Discounted? [View article]
    I'm with you youngdiv, UNP cannot be duplicated by some new IPO and I don't care what anyone says, shipping by rail is the best way to move just about anything. I like trucks too, I own Cummins(CMI) as a major holding in my portfolio, but I also have been buying UNP for ten years now and I love this well run company.
    Jun 11, 2015. 01:08 PM | Likes Like |Link to Comment
  • Pioneer Natural Resources: 4 Reasons Why I Like The EFS Midstream Deal [View article]
    Sarfaraz, thank you for the information on the sale by PXD. I agree, with oil prices being so unstable and the oil producing nations so desperated to pump even more oil to make up for lost revenue, prices could go back to the mid or even low $40 range. Also, with China setting up shop in the Gulf of Tonkin, it won't be long before their oil rigs start popping up there and even more oil coming online soon. Who would have thought that oil would become so plentiful.
    Jun 2, 2015. 04:07 PM | Likes Like |Link to Comment
  • Union Pacific: Destroyed Or Discounted? [View article]
    UNP is at $104.14 right now on May 22, 2015. Anyone who thinks this company is going lower than say $100 bucks share, is..........not that smart. In a year, anyone who has gone long on UNP by buying this company while its down, will be happy they did. This is a solid company, but does it matter if you are shorting it? For those of you are shorting it, you had better be ready for the short squeeze that's coming. As for me, this stock is ON SALE right now.
    May 22, 2015. 12:04 PM | 2 Likes Like |Link to Comment
  • Union Pacific: Destroyed Or Discounted? [View article]
    UNP moves much more than crude, coal and gas. Its intermodal business is growing annually, it moves autos, products for all things used in America and overseas and is much cheaper to transport all those things than trucks and pipelines alone. America is finally using the rails as the cheap alternative for so many things and that will continue. Another great company besides UNP is Cummins (CMI) which makes great truck engines. I have been buying CMI for years as another fine American company that our trucking industry depends upon. The USA infrastructure is made for UNP, CMI and Kinder Morgan (KMI) with the rebirth of American industry taking place due to our energy independence. All three should do well for many decades as I stated above in a previous post.
    May 22, 2015. 11:59 AM | 5 Likes Like |Link to Comment
  • Union Pacific: Destroyed Or Discounted? [View article]
    Ketan,

    Thanks for the informative article on UNP. UNP is one of my major holdings and I have been buying it for eleven years now. Over that time, I have created a very nice position in this company and rolled over dividends, thus adding to my position. I, like you, also own Kinder Morgan (KMI), another nice company with great upside for the future. Both of these companies are well managed, have a product that will be in demand(need) for many years, if not decades to come. As we all know, the rails are a virtual monopoly and are moving more and more goods with each passing year. KMI is a pipeline company that is moving more and more natgas, oil and carbon dioxide across our nation too. Neither company can easily be replaced by competition, the costs to do so are way too high.

    UNP has obviously been hurt by the west coast port strike and I have a feeling that by the end of this quarter and most assuredly by the end of the next quarter, volumes for UNP will be much higher by moving the backlog of this strike.

    Now is a great time to buy UNP, while its down. I am actually doing just that. This company, like Apple(Apple) are companies that you buy and hold for the long term. ( I also own a large position in Apple). I think that now that America is coming out of its slumber from the recession and the fact that more and more companies are returning to the USA for cheap energy and transportation, UNP will be a great company for every portfolio. Thanks again for your fine article Ketan- Gregg Lorenz
    May 22, 2015. 11:07 AM | 5 Likes Like |Link to Comment
  • Public Service Enterprise Group (PEG) Ralph Izzo on Q1 2015 Results - Earnings Call Transcript [View article]
    PEG is one of the utilities that stays under the radar, not only when compared to many other utilities, but the stock market in general. I have a nice position in PEG and it has served me well over the years, just as it rewarded my parents before me. Solid company, solid region of the nation served, solid earnings, solid dividend. This is a great company to have as an anchor/cash machine in any portfolio.
    May 15, 2015. 12:09 PM | Likes Like |Link to Comment
  • Cummins - Repelling Headwinds With Smart Strategies And Active Management [View article]
    Anyone who buys shares during this down period will be rewarded in the future. CMI is a great company and a great investment for the long haul. When I buy a company, I look at what it makes, will it be around ten years from now, does it raise its dividend and how is it run as just a few of my criteria, along with making money and free cash flow. Cummins is right at the top of my list.
    Apr 29, 2015. 09:42 AM | 3 Likes Like |Link to Comment
  • Enterprise Product Partners, Yielding Almost 5%, Looks Attractive [View article]
    It is much better for tax purposes to own KMI which is a stock rather than an MLP. When you sell an MLP, the taxman cometh and the accounting mess trying to figure out just how much you owe in taxes is crazy. MLP's should all do what Kinder Morgan has done. The dividends are great and there are no issues come tax time if you want to sell KMI.
    Mar 21, 2015. 12:40 PM | 1 Like Like |Link to Comment
  • Starbucks to split 2-for-1 [View news story]
    I can't figure Starbucks out. Their coffee is terrible compared to Dunkin D's, and even their beans that I buy in bags are terrible when I grind em up. You know, its all about brand and that is what Starbucks has- Brand recognition. Apple has it, Pepsi has it, Oprah had it and many others have it. Eventually though, bad coffee at a coffee store, will kill the golden goose. Starbucks is a buy, for now.
    Mar 18, 2015. 05:18 PM | 5 Likes Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    How does a nation get into financial hot water? War. The USA has gotten itself into a few too many wars. Wars are very costly as we have seen with WWI, WWII, Korea, Vietnam and the most expensive war in our history, Iraq. When you spend ten years in wars like Vietnam and Iraq, you use up the treasury. When you stay out of war, as China does, you grow your economy. Better to let other nations fight it out and stay out of the battle, than to be a hero by defending nations. Look at France and even Israel for example. They stay out of the big conflicts and do quite well financially. WE, the USA, like to get into those big expensive wars overseas that cost a fortune. No wonder we are broke.
    Mar 18, 2015. 05:13 PM | 3 Likes Like |Link to Comment
  • Chevron's Downstream Expansion Provides Hedge Against Current Pricing Environment [View article]
    CVX just towed a massive rig to the Gulf of Mexico to sit on top of a 200 million barrel oil deposit. I would like to see Chevron buy Whiting Petroleum, but I can only hope.
    Mar 17, 2015. 01:36 AM | Likes Like |Link to Comment
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