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milkchaser

milkchaser
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  • Ranking Stock Pickers [View article]
    Very interesting article. Can't wait to check out TipRanks.
    Apr 2, 2015. 12:14 PM | 1 Like Like |Link to Comment
  • Kinder Morgan: The Cat Is Officially Out Of The Bag [View article]
    Yes, it is. Because the breathless headline is that "the cat's out of the bag". And yet you reveal nothing that one could not have assumed to be true before. The Canadian gov't is pro-oil and favors the pipeline.

    Another article says, "The sharks are circling." But I found nothing to explain that inflammatory headline. Yes, you waste our time. The information is good and accurate, but not novel or useful.
    Mar 27, 2015. 05:04 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan: The Cat Is Officially Out Of The Bag [View article]
    I will have to be sure to check the author of the next KMI headline I see since Mr. Clark's articles are big on headline and sparse on news.

    I am very long KMI, but don't have time for time wasters.
    Mar 27, 2015. 03:00 AM | 8 Likes Like |Link to Comment
  • Today's Oil Crash Presages The Next One [View article]
    Solar energy is not produced locally. It's produced about 93 million miles away. :-)
    Mar 23, 2015. 02:55 PM | Likes Like |Link to Comment
  • Today's Oil Crash Presages The Next One [View article]
    I still don't get how something expensive puts something less expensive out of business unless some non-market factor is tipping the scales.
    Mar 18, 2015. 04:18 PM | 3 Likes Like |Link to Comment
  • Today's Oil Crash Presages The Next One [View article]
    Coal has suffered because of intervention distorting the markets, not because of market forces. Add the cost of subsidies and renewables are way too expensive.
    Mar 17, 2015. 01:43 PM | 4 Likes Like |Link to Comment
  • Congratulations Covidien: You Escaped In Time [View article]
    Why is it never considered greedy to expropriate the property of others to direct for your own satisfaction? Do what you want with your money and property. Let others direct what happens to theirs.
    Feb 12, 2015. 09:18 AM | 1 Like Like |Link to Comment
  • Kinder Morgan Is An 'Aircraft Carrier', Not A 'Dingy' [View article]
    I cannot give trading advice, just my personal take. I am heavily invested in the warrants because I find it hard to believe that KMI (currently trading around $41) is going to be worth less than $45 in May 2017. KMI expects to raise its dividend 10% a year. If this comes to pass the dividend will be 21% higher. If the stock price tracked the dividend, the warrant value would be more than double today's price.

    There are many risks, however. If interest rates rise, KMI debt may become more costly, projects may be deferred, dividend growth may taper. Also, if higher yields in the future can be had from safer bonds, why invest in riskier KMI for a dividend that is not that much higher? The stock price could suffer. These (and other) risks are likely what is keeping the warrant price low at this point.

    And for many KMI watchers/investors, we still recall the price slump one year ago when KMI was subject to an unwarranted bear attack (suggestions that it was scrimping on its pipeline maintenance budget). Much has happened since then, but even profitable companies can get slammed. I am kind of happy that I picked up a truckload of warrants back then at under $2.
    Feb 4, 2015. 12:31 PM | 2 Likes Like |Link to Comment
  • Kinder Morgan Is An 'Aircraft Carrier', Not A 'Dingy' [View article]
    The flip side though is that when it's cheap to borrow, it is irresponsible not to take advantage of that (so long as the purchases are well-valued and accretive).
    Jan 29, 2015. 06:26 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan Bringing Efficiency To The Bakken [View article]
    I do not think they are the same company. PIONEER ENERGY, INC. is privately held (so far as I can tell). Distinct from PES.
    Jan 26, 2015. 04:58 PM | Likes Like |Link to Comment
  • Kinder Morgan Bringing Efficiency To The Bakken [View article]
    Here is another alternative to flaring natural gas. Pioneer Energy has an onsite system for separating NGLs from methane. It uses the methane to generate electricity, making it easier to power rigs at remote sites, and produces NGLs to sell to market. Transport is still an issue. But this eliminates waste through flaring.

    http://bit.ly/1zDyLPL
    Jan 23, 2015. 12:51 PM | 2 Likes Like |Link to Comment
  • Saudi Arabia: Do The Math [View article]
    I am amused by people who write as if they know the "real reason" the Saudis are doing what they are doing. It just might be primarily for the reasons they say (to protect market share from North American encroachment) and some of the side effects (weakening Iran and Russia) are just a bonus. Is it also a bonus that OPEC is no longer functioning as a cartel? The Saudis, by not supporting the price, are throwing the other OPEC members under the bus.

    People who claim to know the "real reasons" for things, generally are speculating, having not been in any of the meetings where decisions are made. This is how myths get started, like the myth that Saddam was doing US bidding. The US sold Saddam less military equipment than Denmark. His main supplier was France.
    Dec 23, 2014. 07:27 AM | 2 Likes Like |Link to Comment
  • Saudi Arabia: Do The Math [View article]
    One would think such prices would be a boon to refineries, and yet it seems even they are down (not as much as the producers, but still down). One would think the likes of ALDW and NTI, refineries that exploit proximity to domestic sources, would see higher profits as a result of the drop in crude.
    Dec 23, 2014. 07:21 AM | Likes Like |Link to Comment
  • How Low Can You Go? [View article]
    It was not a vacuous response. As she stated elsewhere, Alaska has military bases. She visited those bases as governor. Any state governor with a foreign border takes into account relations with the other country. I don't think it was meant to imply that she is a foreign policy or military expert, just that any state governor has meetings with foreign gov'ts and foreign interests (in her case, primarily with Canadian oil interests - she negotiated with companies interested in North Slope oil to get a better deal for Alaskans than her predecessor had).

    There is a presumption that all intelligent people must go to Ivy League schools or talk with a particular accent. Hers is a rustic, sing-songy accent. That disqualifies her in the minds of certain people -- those disinclined to consider the meaning of her words. It was used to great but cruel comic effect by Fey, who portrayed the gov't as stupid.

    But I do not defend her suitability as a candidate in general, nor would I expect you to support her political philosophy (conservative). I was just amused that she came early to the conclusion that others are only now admitting to: North American oil production would lower the cost of oil and weaken regimes in the Middle East and Russia whose interests do not coincide with ours (e.g. who do not support freedom, democracy and individual rights).
    Dec 15, 2014. 12:57 PM | 1 Like Like |Link to Comment
  • Saudi Arabia: Do The Math [View article]
    "So it is the 600,000 bpd supply/demand imbalance that is causing all the chaos in the oil markets - a mere 0.7% of total global oil demand."

    The argument against increased domestic drilling by environmentalists has been that 0.7% increase in supply is too small to make a difference so why bother? But allow your bathtub to fill up just 0.7% more than the brim of the tub and see what difference it will make.
    Dec 14, 2014. 01:13 PM | 2 Likes Like |Link to Comment
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