Seeking Alpha

MashieNiblick

MashieNiblick
Send Message
View as an RSS Feed
View MashieNiblick's Comments BY TICKER:
Latest  |  Highest rated
  • Memorial Production Partners - Get Ready For A Q2 Rebound [View article]
    I love MEMP and have been telling everyone I know about it since the IPO. Recently though, I've read two other analysts that are both concerned with MEMP's debt, one using the current Debt/EBITDA ratio to list MEMP as one of "Five Doomed Oil and Gas Companies". I know there are a lot of short sellers out there willing to say anything to create a quick dip, which may well be the case. Still, I would really appreciate it, and your article would be much more useful, if you could say a few words about MEMP's debt: How does it compare to its peers, why is the Debt/EBITDA ratio so high? Thanks!
    Jun 23, 2015. 05:51 PM | 3 Likes Like |Link to Comment
  • Vanguard Natural Resources - Making Sense Of The Recent Decline [View article]
    I don't know why MEMP is continually overlooked. Last I checked MEMP beat VNR in most critical categories, yet doesn't even get a mention in this or other MLP articles. MEMP has a 14.5% distribution vs. VNR's 9.4%. YTD MEMP is down 4% and VNR is down 11%. MEMP has the strongest hedges in the upstream MLP space, and most are paired with the option to substitute debt reduction if the hedges are not sustained. Recently Wunderlich rated four MLPs a Buy, including both VNR and MEMP. I'll take the one with the higher distribution and better hedges, thank you.
    Jun 18, 2015. 05:27 PM | 5 Likes Like |Link to Comment
  • Bank Of Montreal: Domestic Banking Remains Challenged, Capital Markets A Key Driver [View article]
    Good summary, thanks. Any thoughts on mass defection of U.S. A&D team to UBS?
    Jun 2, 2015. 05:23 PM | Likes Like |Link to Comment
  • 3 Of Seeking Alpha's Best [View article]
    My thoughts exactly.
    May 28, 2015. 12:28 PM | Likes Like |Link to Comment
  • Memorial Production Partners - Time To Take Advantage Of The Recent Secondary? [View article]
    MEMP has proven to be best-in-class, from management to assets to hedges. I've been an investor in this one since the beginning. Every time they make an offering, even dilutive, the stock drops 5-8% and then comes back within a few days or weeks. This one's a no-brainer and I added a nice chunk this morning.
    Apr 9, 2015. 01:23 PM | 1 Like Like |Link to Comment
  • Memorial Production Partners - Time To Take Advantage Of The Recent Secondary? [View article]
    MEMP's hedges are the best in the industry in both quantity and quality. They're held by the same institutions that hold MEMP's debt. Even if those institutions can't maintain the hedges, MEMP has the right to take an equal amount in debt reduction.
    Apr 9, 2015. 01:19 PM | 3 Likes Like |Link to Comment
  • How To Create A Portfolio Today With Dividend Yield Of 4.5% And Dividend Growth Of 4.75% [View article]
    Excellent article, great suggestions. I agree that sorting on credit ratings adds value and credibility. My only change would be MEMP over VNR. It's a close call - both are rated B+, they're basically the same size, and the analysts favor MEMP 2.2 to 2.5. MEMP pays a 12.6% distribution vs. VNR's 9.8%. MEMP's trading at a 15 PE vs. VNR's 26. More importantly, MEMP has proven over the last four months that it is the only upstream MLP that is hedged enough to withstand current and projected oil and gas prices. Since bottoming out in mid-December MEMP is up 44% and VNR only 7%.
    Apr 8, 2015. 06:45 PM | 1 Like Like |Link to Comment
  • The Ultimate High-Yield Bond Portfolio [View article]
    That is the big question, and the article is incomplete without addressing it.
    Mar 30, 2015. 12:54 PM | Likes Like |Link to Comment
  • The 5 Highest Yielding Dividend Aristocrats [View article]
    I will just keep buying MEMP with its 12% distributions, massively-hedged gas, and ongoing recognition as the top upstream MLP. XOM and COP are my anchors, but MEMP is the sail.
    Mar 9, 2015. 07:19 PM | Likes Like |Link to Comment
  • 10 Mighty Monthly Pay Dividend Dogs Grab 14.5% To 100.8% Upsides To End February [View article]
    Absolutely. There's a very real opportunity here to double your money in 12-18 months. You just have to be willing to let it sit for awhile. Good dividend payers will pay you to sit, so then the trick is to find a stock that is down 50-75% AND pays a decent dividend or distribution AND doesn't have too much debt to survive these oil and gas prices. So far the only one I've found that meets those criteria is MEMP, although if you expand into services and can wait 2-3 years, the potential for RIG is outstanding.
    Mar 7, 2015. 11:47 AM | Likes Like |Link to Comment
  • HYMB Has 12.62% YTD Return And 4.67% Tax Free Yield, But What Are The Risks? [View article]
    In case any of you missed it, yesterday was just a preview of what happens to bond funds when interest rates rise - or when the thought even enters people's head. HYMB down 0.78%, NQM down 0.97%. This all a result of the new employment numbers coming in way higher than expected. HOWEVER, it should be noted that these numbers tanked the entire market, edge to edge, including things like gold and the miners. Bottom line, I guess, is that high employment increases the likelihood that the fed will raise rates this summer, and that means anything that earns interest (or dividends or distributions) is less appealing when the base line is increased. We'll see what happens in the next few days - whether we rebound off yesterday's sell-off, or if it's the beginning of some sort of correction.
    Mar 7, 2015. 11:41 AM | Likes Like |Link to Comment
  • Equity outflows may be sign of a toppy market [View news story]
    There is now a strong consensus that Fed raises rates mid-year. Quarter point? Half point? It'll just be a blip, but psychologically there has to be some reaction to the first raise in years. This country's debt is NOT sustainable and so many of us are sitting around wondering when the chickens come home to roost.

    How many of us are sitting on 20-30% gains from the last few years? And we all know that we're going to have to lock in those gains soon and are more than ready to do it given half a reason. Half a point is half a reason.

    How many of us know or at least suspect that this aging bull market is past its expiration date? If it's only 20% of us, what happens when that 20% bail on the first threat of inflation? I know that I sit here every day with my finger poised over the sell button, and I'm guessing there are millions more doing the same.
    Mar 5, 2015. 12:30 PM | 2 Likes Like |Link to Comment
  • 10 Mighty Monthly Pay Dividend Dogs Grab 14.5% To 100.8% Upsides To End February [View article]
    Careful of those energy MLPs. Almost all listed above will make substantial cuts in distributions this year and/or next - some to zero (see recent SA article re JP Morgan's assessment). Check each one out and read what you can find. The only upstream MLP that seems sustainable at current prices is MEMP, but that's not a monthly payer.
    Mar 4, 2015. 12:40 PM | Likes Like |Link to Comment
  • McDonald's Has Lost Its Way, Will We Ever Love It Again? [View article]
    It's McDonald's. McDONALD'S! One of the largest and most successful stories in American corporate history. No one is going to replace food with something digital, as happened to Kodak. Food is here to stay and McDonald's will prove again that they're a relatively fast adapter. This is like when everyone decides Apple is over and the stock goes down 20% - you just buy it!
    Feb 18, 2015. 11:07 AM | 1 Like Like |Link to Comment
  • A Diversified, High-Income Bond Portfolio For 2015 [View article]
    This is a well-researched article with a lot of useful information. As usual, whenever I read anything about bond funds, I wonder why more isn't written about NQM (Nuveen Investment Quality Municipal Fund). I've been in this for years and it meets and exceeds many of the criteria of the funds recommended above. Year in and year out, through bull and bear markets, NQM generates about 6.5% TAX FREE income. I don't have the financial sophistication to argue more specifics about this fund, so I will be very interested in any comments that relate NQM to the funds listed above.
    Jan 25, 2015. 07:22 PM | 1 Like Like |Link to Comment
COMMENTS STATS
65 Comments
80 Likes