Don-n-ABQ

Cramer's Mad Money - Five Safety Stocks (10/29/09)

RE: "However, some legislators are starting to get the message about natural gas. Oklahoma Congressman Dan Boren (Democrat)..."

That is like saying: "A Colombian politician takes a bribe from the cocaine cartel."

You can't get elected in Oklahoma if you don't believe in natural gas.

Things will only change for natural gas when the congressmen and woman from New York and California get on board. Two years ago this would have been impossible, but now the Marcellus Shale discovery might get New York, Pennsylvania and Ohio on board, and California's budget problem and all the NG in the Santa Barbara Channel might get them on board.

If the federal government and California opened up the SB Channel, the state of California could probably obtain $500 billion in financing against leases and royalties payments.

But, that probably won't happen unless we are both in a recession and the price of oil is $150.00 per-barrel and NG is $13.00...

Cramer's Stop Trading! Costco Comes Back (10/7/09)

The reason COP went up was because they said that they were going to sell $10 billion in assets and cut the exploration and capital expenditures budget to pay down debt. Their are trying to fix their balance sheet, which is not as attractive as the other big boys. The increase in the dividend is to retain investors from fleeing to higher quality and maybe attract some new investors looking for dividend yield.

Yield investors are usually longer term investors, so the company is trying to attract long term investors who want a better balance sheet, but a slower growth rate (they will grow slower by giving up some of their assets and cap-ex budget).


On Oct 08 08:35 AM CFO wrote:

> COP already started such a massive cost & asset reduction plan.
> Wonder what is the logic behind dividend increase?