Linn Energy (LINE) CEO Mark Ellis disputes the assertion in the negative Barron's article that its units may be worth far less than the current quote: "We've had three different analyses done... None of the valuations [is] anywhere close to what was represented over the weekend in the Barron's article." LINE plans to raise its dividend ~6.2% this year, not cut it. LINE +1%, LNCO +1.3% premarket. [View news story]
To only talk numbers with no grounding in what the company is doing and what it is all about is less than half the story. Linn is not a pipeline company and that is not a headline either. If one wants to only own a pipe company well go buy it and please stop muddying the water here with Linn. I would appreciate a negative take on Linn but it will need to be much better grounded than this. I must agree with some other posters hinting at conspiracy's even if doing so makes me a bit queasy. Guess we will see, I am a long time holder and not going anywhere yet.
Seadrill (SDRL) secures a contract with LLOG Bluewater for the ultra-deepwater new-build drillship West Neptune offshore Gulf of Mexico. The rig will be capable of water depths up to 12K ft. and drilling depths up to 37K ft. SDRL says potential revenue for the primary three-year contract term is ~$662M. [View news story]
Why is SDRL down today you ask. Well maybe it's because it's a stock and the market is down 1or 2 %. Are you a day trader? If so maybe it's a buy. Good luck with that.
Seadrill (SDRL) secures a contract with LLOG Bluewater for the ultra-deepwater new-build drillship West Neptune offshore Gulf of Mexico. The rig will be capable of water depths up to 12K ft. and drilling depths up to 37K ft. SDRL says potential revenue for the primary three-year contract term is ~$662M. [View news story]
Articles like this are misleading for the obvious reason's already stated. That is that the business itself is not considered. So in cases like this you get a snapshot of a part of the company's story. For some inverters this is misleading but I guess that's life in the world of investing.
Global Hunter sees little upside left in Linn Energy (LINE), downgrading shares to Neutral from Accumulate after rising 7.2% YTD. The firm sees risks in LINE's relatively high enterprise-wide decline rate and relying on acquisitions to grow; "management will need to execute very well" to continue its distribution growth sustainably. [View news story]
There is currently a dividend increase in the pipeline for the 3rd quarter because of Global Hunter. I hate to have to deal with traders in my dividend/income stocks but I do make a few extra dollars because of them to ease the pain. Just bought and sold some LINE on the last silly move down. But I consider that work and I don't like to work. When the dividend increase is announced the stock will go up to like to $40/$41. My position is maxed out so I will just watch from the sidelines.
Buy Canadian Oil Sands To Profit From A Significantly Tighter Global Oil Market [View article]
No cars in 5 years Rich? Yep you go with that. Or did I miss a zero like in 50. I agree with the pipeline being the big issue. When that issue becomes clear that will help prices.
CVR Partners: Feedstock Cost Advantage Does Not Reach The Bottom Line [View article]
Just a quick question. You do know that the main reason to invest in UAN at this time may be the recent scheduled maintenance shut down. Happens every few years. Then the 50% expansion that is coming on line as I type this. And next year they will have a full year of expanded new capacity. This may be a buy in May and go away stock. That is if you think the price will decline in May.
Cheniere Energy Overheats On Another Contract Signing [View article]
When I bought CQP 18 month's ago there was no mention of a train 5 or 6 so this is just icing anyway. But if anyone is to get any more government approvals I would put my money on this team to do it. Cudos to the guys at LNG.
Regulatory Approval Of The Berry Petroleum Deal Makes 7.86% Dividend Payer Linn Energy A Buy [View article]
When it comes to a stock like Linn there really needs to be two sets of commenter. Management is setting Line up as a long paying cash machine but some inverters want it to be a growth play. So if your looking for a cash stream buy on the dips that the players are giving you and you will be fine. The hedging is needed for the steady cash flow and when the prices are up like now it will look bad on paper when there down like maybe tomorrow they will look good again on paper. As for the players sell high.
Chesapeake Granite Wash Trust: Updated Reserves Show Major Downward Revision, Buyers Beware [View article]
Well you have to think this is getting kind of funny at this point. Of course excluding the folks who are loosing allot of money. I see CHKR traded at $13.22 of late. Pretty nice price unless you think the whole thing is a scam. You could buy at that price and have 1/2 your money back in 2.5 years with the floor being if I remember right like .63 cents till they do initial drilling. So then the next 16 years your price of entry is $6.11 even with no inflation that could be very nice income. If it's not a scam. If there is inflation and they are not run out of town on a rail you may be very happy. I did buy some shares yesterday at $14.25 by the way.
Chesapeake Granite Wash Trust: Updated Reserves Show Major Downward Revision, Buyers Beware [View article]
Well at $14.50 this is looking like a pretty good long term holding. They have done well with there drilling program which is a two edged sword but still will not be done say two years plus. Minimum payout is $2.68 till then. If you think oil and gas prices will be lower going forward this is not a good bargain. My guess gas has to be higher and oil no less than $95 a barrel in the 2/3 year window. @ $14.50 to $15.50 I'm in for the dividend.
U.S. Oil And Gas Royalty Trusts - Bargains Available For Disciplined Portfolios [View article]
What does "sell Royalty interest mean" exactly? I am still confused on this point. Chesapeake Granite Wash Trust will terminate on June 30, 2031, at which point it will then sell its royalty interests in the Colony Granite Wash wells and distribute the proceeds to unit holders.
Linn Energy (LINE) CEO Mark Ellis disputes the assertion in the negative Barron's article that its units may be worth far less than the current quote: "We've had three different analyses done... None of the valuations [is] anywhere close to what was represented over the weekend in the Barron's article." LINE plans to raise its dividend ~6.2% this year, not cut it. LINE +1%, LNCO +1.3% premarket. [View news story]
Seadrill (SDRL) secures a contract with LLOG Bluewater for the ultra-deepwater new-build drillship West Neptune offshore Gulf of Mexico. The rig will be capable of water depths up to 12K ft. and drilling depths up to 37K ft. SDRL says potential revenue for the primary three-year contract term is ~$662M. [View news story]
Seadrill (SDRL) secures a contract with LLOG Bluewater for the ultra-deepwater new-build drillship West Neptune offshore Gulf of Mexico. The rig will be capable of water depths up to 12K ft. and drilling depths up to 37K ft. SDRL says potential revenue for the primary three-year contract term is ~$662M. [View news story]
Digging Into Seadrill's Dividend [View article]
Global Hunter sees little upside left in Linn Energy (LINE), downgrading shares to Neutral from Accumulate after rising 7.2% YTD. The firm sees risks in LINE's relatively high enterprise-wide decline rate and relying on acquisitions to grow; "management will need to execute very well" to continue its distribution growth sustainably. [View news story]
Buy Canadian Oil Sands To Profit From A Significantly Tighter Global Oil Market [View article]
CVR Partners: Feedstock Cost Advantage Does Not Reach The Bottom Line [View article]
U.S. Oil And Gas Royalty Trusts - Bargains Available For Disciplined Portfolios [View article]
Cheniere Energy Overheats On Another Contract Signing [View article]
Chesapeake Granite Wash Trust: Updated Reserves Show Major Downward Revision, Buyers Beware [View article]
Regulatory Approval Of The Berry Petroleum Deal Makes 7.86% Dividend Payer Linn Energy A Buy [View article]
Bakken: The Bounty Of Super-Rich Gas - Everything Investors Need To Know [View article]
Chesapeake Granite Wash Trust: Updated Reserves Show Major Downward Revision, Buyers Beware [View article]
Chesapeake Granite Wash Trust: Updated Reserves Show Major Downward Revision, Buyers Beware [View article]
U.S. Oil And Gas Royalty Trusts - Bargains Available For Disciplined Portfolios [View article]
Chesapeake Granite Wash Trust will terminate on June 30, 2031, at which point it will then sell its royalty interests in the Colony Granite Wash wells and distribute the proceeds to unit holders.