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  • CenterPoint Energy: The Sweet Spot For Dividend Growth Investors [View article]
    You could say the same thing about every utility company. They have to deal with the competitive environment.
    Dec 25, 2014. 12:22 PM | Likes Like |Link to Comment
  • CenterPoint Energy: The Sweet Spot For Dividend Growth Investors [View article]
    Bought in 10/09 for the yield and also got a 90% price appreciation and you can just hold it away and not worry about it.
    Dec 23, 2014. 09:43 PM | 1 Like Like |Link to Comment
  • Enerplus: The Dividend Is On Borrowed Time [View article]
    If keeping the dividend is the most important issue then the midstream MLP's are probably better bets than the Canadian oils.
    Dec 23, 2014. 02:01 PM | 1 Like Like |Link to Comment
  • Enerplus: The Dividend Is On Borrowed Time [View article]
    Buying last week and selling today isn't an investment. You buy now because of where oil and gas will be in a year or two. Today's oil and gas prices are unsustainable in the long run if only because prices are below the cost of production as the Saudi's believe.
    Dec 23, 2014. 12:29 PM | 3 Likes Like |Link to Comment
  • Enerplus: The Dividend Is On Borrowed Time [View article]
    Actually, ERF has a very robust hedging strategy compared to some of the other Canadian oils like PWE and COSWF and that gives them some breathing room. It makes sense to hedge half your production and some of the other companies should have done it. I don't think you can make a prediction as to what happens with the dividend there are too many factors governing the oil price. What if Venezuela goes bankrupt and can't produce or export oil?
    Dec 22, 2014. 07:20 PM | 5 Likes Like |Link to Comment
  • Natural gas -9.5% following mild weather forecast, bearish inventory views [View news story]
    I never could figure out what the breakeven price for gas is. Looks like we may be below it.
    Dec 22, 2014. 12:21 PM | 1 Like Like |Link to Comment
  • Otter Tail Corporation: Diversifying With Diversification [View article]
    I agree that diversification can go badly especially in the megacap companies. However, OTTR and its divisions seem small enough so that they can keep a firm control on the businesses. The downside of the businesses unrelated to power is that they are cyclical but the current economic cycle points to growth and the businesses can be sold or spun off to shareholders. There aren't a lot of small electrical utilities still independent because of larger players taking them over. No one is creating new electric utilities so what's there is all there is. This year I had that problem/result with POM. That is why I replaced it with OTTR. One of the negatives I've found with electric utilities is that some have gotten into trouble from selling unregulated generation. EXC had to cut their dividend because of the low return of unregulated generation. OTTR power revenue is 100% regulated.
    Dec 20, 2014. 08:17 PM | Likes Like |Link to Comment
  • Enerplus - Good Management Should Provide Good Rewards To Investors [View article]
    As their hedges run out they will have to lower the dividend if oil does not rise sometime next year. Hopefully they are making money on their gas. The carbon haters also scare me that they might try to destroy the oil and gas companies with carbon taxes on top price constraints.
    Dec 20, 2014. 07:23 PM | Likes Like |Link to Comment
  • Goldman cites continued debt problem in its Seadrill Sell call [View news story]
    Morgan Stanley did an analysis of SDRL and said supply and demand for drilling rigs would be in balance by 2017 and that there would be a shortage of rigs by 2019. Does GS believe oil will stay at 55 or lower for years? I don't think so at the rate drilling is being cancelled.
    Dec 19, 2014. 11:15 PM | Likes Like |Link to Comment
  • Otter Tail Corporation: Diversifying With Diversification [View article]
    Diversification is fine as long as the rate of return is high enough. Synergy isn't necessary. The utility business is reliable but provides a low rate of return on investment. I think this company is a potential take over candidate for a larger utility then they'd sell the manufacturing businesses.
    Dec 18, 2014. 10:03 PM | 1 Like Like |Link to Comment
  • Seadrill: Perspectives Of Contract With Rosneft Amid The Collapse Of The Russian Ruble [View article]
    Stick a fork in Russia.
    Dec 18, 2014. 09:58 PM | 1 Like Like |Link to Comment
  • Apartment rent growth strongest in over 3 years [View news story]
    But it is a boring very slow growth sector.
    Dec 16, 2014. 09:02 PM | Likes Like |Link to Comment
  • A Helpful Post-Mortem On Seadrill [View article]
    I realize now that I had too much in this sector. I think the MLPs will do fine if one can stand to watch the price action. The shorts don't look at the companies they just shoot everything. Morgan Stanley did a believable analysis of the drilling sector and calculated that supply and demand would even out in 2017 and by 2019 there would be a severe shortage of rigs. It seemed believable because who is going to order a new rig at the current oil price?
    Dec 15, 2014. 07:09 PM | 2 Likes Like |Link to Comment
  • Penn West: The Dividend Needs To Go [View article]
    I bought 1000 shares today. It will either go bankrupt or double depending on what oil prices do. A dividend cut is priced in but I would rather see them cut it by 2/3 than eliminate it completely. The trouble with selling assets is that everyone will be selling. Does the fact that most of their assets are convention make them more attractive? It looks like their gas production is hedged but at about the current price. That they didn't hedge oil makes you scratch your head.
    Dec 11, 2014. 06:40 PM | 1 Like Like |Link to Comment
  • 3 Big Issues Facing Kinder Morgan [View article]
    I think the lower oil prices will mean the pipeline build out will slow down as there isn't as much advantage to build supply. I look for the Saudi's to reverse their strategy if oil goes below $60. I also think that this move is designed to get the other members of OPEC in line so they will all cut their output.
    Dec 10, 2014. 05:50 PM | 2 Likes Like |Link to Comment