daniel3582

23 High Quality, High Dividend Stocks

On Jun 26 12:10 PM Edit or perish wrote:

> "natural gas MLPs (UNG, the natural gas ETF, looks like it’s basing
> and possibly rebounding), "
>
> Are you implying that the price of NS, a company described as having:
>
>
> "...attractive crude oil and refined products pipelines and storage
> businesses. After growing into one of the largest independent liquids
> storage operators in the world, Nustar recently expanded its reach
> into the asphalt business..."
>
> is in someway correlated to the performance of UNG which:
>
> "invests in near-month natural gas futures contracts that trade on
> the New York Mercantile Exchange.?"
>
> finance.yahoo.com/q/bc...;t=2y&l=off&am...
>
>
> There's no correlation whatsoever and no reason why there would be
> since the one has virtually no bearing on the other.

I think you should give her the benefit of the doubt... If you think about it, the price of natural gas does have a lot to do with the profitability of a company that is involved with NG in either transport, storage, or exploration... which the company in question does 2 of the 3.

As the price of NG rises, so does the % of margin.