Have spent over 40 years in the O&G industry with special interest in technology application for improved business performance. Academic background: geology & geophysics. Professional background: seismic technology application, operations & management. Currently: external director on the board of a leading seismic acquisition company.
I focus on investments in the oil & gas & MLP sectors with an eye for dividend income growth and long-term capital appreciation. I typically allocate a portion of my own portfolio and devote some of my Seeking Alpha articles to small and medium sized companies offering compelling risk/reward propositions. I am an engineer, not a qualified investment advisor. While the information and data presented in my articles are obtained from company documents and/or sources believed to be reliable, they have not been independently verified. Therefore, I cannot guarantee its accuracy. I advise investors conduct their own research and/or consult a qualified investment advisor. I explicitly disclaim any liability that may arise from investment decisions you make based on my articles. Thanks for reading and I wish you much success with your investments.
Trading is my hobby. Energy is my profession. I have almost 20 years of experience in the international upstream oil and gas industry, with a track record in new business development, deal negotiations, strategy development, and engineering management. I hold an MBA from London Business School and a MSc from Delft University of Technology.
Three out of four major stock market declines (-20% or more) have occurred during economic recessions. Recovering from these big losses can be a difficult and more importantly, stressful endeavor. With that in mind, doesn’t it make sense to have two game plans? One to grow wealth in favorable periods and another to protect during recession led bear markets? We think so… and this is precisely the All-Season investment approach we utilize. We invest on behalf of individuals, organizations, and financial advisors that appreciate a conservative and active investment style that aims to deliver consistent results without taking undue risk.
Richard W. Goodwin, PhD, PE is an Environmental Consulting Engineer. Dr. Goodwin has more than 25 years of experience in the waste treatment, disposal, by-product utilization, conducting studies on conceptual engineering and system performance and operations, ash management, securing regulatory acceptance for construction and demolition recycling and disposal projects, investigating viability of Landfill Gas Energy Extraction from abandoned landfills, evaluation of landfill operations, and testimony for hazardous emissions for proposed landfills. He specializes in wastewater reuse and odor elimination. Expert on FGD BY-PRODUCT GYPSUM & FGD, SCR, ESP, CO2 capture technology pollution control coal-fired power plants. Dr. Goodwin has completed a conceptual study for Office of Secretary of Defense for Hazardous Waste Management in Iraq. He is working with electric utilities on permitting of new coal-fired power plants implementing Clean Coal Technology (consulted to USDOE in this area). Dr. Goodwin also consults to investment community including investment bankers, private equity and venture capital firms. Dr. Goodwin has recently been appointed Task Force Chairman Energy Conservation [Palm Beach County FL]. His current work includes anaerobic digestion and energy recovery of biomass; conversion coal-fired plants to bio-mass and Waste-to-Energy Resource Recovery facilities. Consulted to Electric Utilities regarding retrofit and beneficial use of coal ash as consequence of recent regulatory mandates. Contributor to American Coal Association and Electric Utility Solid Waste Advisory Group regarding EPA’s proposed regulation of Coal Combustion Products. Consulted to Electric Utilities regarding SDI vs. FGD retrofits and Natural Gas Conversions. Consulting to investment firms Shale Gas – Energy Economics. Working with EPA SAB Hydraulic Fracturing.
Dr. Goodwin has held executive management positions with Research Cottrell, Chemico Air Pollution Control Corp., and General Electric Environmental Services Inc. He holds degrees from Carnegie Mellon [Tech]/LIU, NYU, and Technion/WOU and Professional Engineer licenses in NY, NJ and VT. He has lectured at Columbia Univ., N.Y. Polytechnic Institute, and Rutgers University and is active in several professional societies. Dr. Goodwin has presented/published over 70 papers and three books dealing with environmental energy issues (e.g. High Volume Residues from Combustion Systems).
Richard Nehring is President and founder of Nehring Associates, provider of the Significant Oil and Gas Fields of the United States Database. An analyst of oil and gas resources and supply for over 40 years, he is currently (2011-2014) Chairperson of AAPG's Committee on Resource Evaluation.
After more than 4 decades in the financial markets, Robert P. Balan has retired. Education in mining engineering, computer science, finance, and training in economics led to a commodity analysis career during the commodity boom of the early 1970s. Robert made a switch to global macro focus in the early 1980 when the commodity bull market waned, with specialization in foreign exchange. Robert wrote a very high profile daily FX analysis while Geneva-based in the mid-1980s (the first FX commentary with a real global readership, "most accessed" in the Reuters and Telerate networks from 1988 to 1994). He worked for Swiss Bank Corp and Union Bank of Switzerland (precursors of today’s new UBS) as head of technical research and as proprietary trader in various major finance centers (London, New York, and subsequently head of proprietary trading in Toronto, respectively) from late 1980s to mid-1990s. A stint at Bank of America as head of global technical research (in London and New York) followed in late 1990s to early 2000s. Robert did technical analysis for Saxo Bank (Denmark) in the mid-200s based in New York. He returned to Switzerland in 2004 as head of technical research and strategy, and FX and commodity market analyst for Swiss Life Asset Management in Zurich. He joined Diapason Commodities Management in 2008 as senior market strategist, and subsequently as Chief Market Strategist, utilizing fundamental macroeconomic drivers, and structural/technical data in modeling asset price and sector movements. Robert wrote a book on the Elliott Wave Principle in 1988, which was hailed by the London Society of Technical Analysts as “the best book ever written on the subject”. Robert is a member of the National Association for Business Economics (NABE), USA.
I am a native Dallasite,did my undergraduate work at the University of Texas and earbed my law degree at SMU. I practiced law in Dallas for over 45 years with an emphasis on oil and gas and mineral-based finance. I have also been an oil and gas producer and investor since graduation from school and, while retiring recently from the active practice of law, I remain active in the oil and gas business. The majority of my holdings are in New Mexico in the San Juan Basin ("Four Corners" area) and most of my production is natural gas. Gas is produced from several formations (from relatively shallow to relatively deep) and, with few exceptions they are "tight" and long lived. Commencing with the deregulation of natural gas in the 1980's, gas markets in the Basin have been quite volitile, with price spikes (both down and up) being experienced through the years for many reasons. Most of the production is now sold under short term contracts and in the spot market.
Starks has worked for well-known energy companies in marketing, planning, and engineering. She brings this experience, along with extensive research and investing, to profiling energy companies by investing segment in her monthly newsletter.
I am a former investment advisor and owner of several businesses, and consequently everything related to business - including investing, macro-economics, and emerging products and services come under my research and interests radar.
The most interesting and important to me are the entertainment industry, commodities, BRICs, and the impact of loose money policies on businesses and investors.
These days I invest only for myself, while continuing to write on a variety of financial and economic topics.
I have worked as a project manager in the oil and gas industry for the last five years. I have managed projects across the sector, operating in downstream, midstream, and upstream oil.
I have a B.Sc in Mechanical Engineering, and I am currently in Germany studying an M.Eng focused on 3D Printing, Materials and Robotics concurrently with an MBA focused on technology management.
An patient investor who greatly admires Warren Buffet. Now retired and living on my investments. Trying to contribute to the discussion of the Seeking Alpha people, who, whether they agree or not, care deeply about investing and what makes business work. A great crowd.
Retired now, a petroleum geologist by profession with over 40 plus years of experience and use to digging through reams of data to find the information I need. I am in the continual process of educating myself on dividend growth stocks investing. Have put together a DGI portfolio which I am continually trying to improve as buying opportunities present themselves. Aiming for a Beta less than 70 and yield of 5% plus. Having worked within the oil industry my entire carrier I have a soft spot for good companies within this sector. Striving to be able to live off the dividends (hopefully SS will be able to contribute some but worry what the politicians will do to us all here!) and never have sell a single share I do not want to sell to live.
Kevin is the CEO and founder of Blue Water Capital Advisors. He is involved in all aspects of the business, including portfolio management, financial advisory services, team management and business development, and he is Chairman of the Investment Committee. Kevin is an experienced speaker and is available (under certain conditions) by request.
Kevin brings a unique perspective to wealth and risk management that is very intuitive and measured. Clients are confident in his abilities and trust that their assets are managed by the best in the business. Although he has been a leader within the regional wealth management industry for the majority of the last two decades, it is not his first career. He was a petroleum geologist and academic research scientist for 17 years in his first career. Kevin’s keen sense of risk-reward dynamics was developed during his geological career when he served as an exploration team leader and senior manager in the oil and gas exploration business. He drilled over 100 wells on his own geological interpretations and found millions of barrels of oil. This was a very high risk kind of business, and Kevin learned a great deal about how risk really works from his experiences in exploration geology.
He was also a professor at The University of New Hampshire and Bryn Mawr College for several years and has published 11 papers in international scientific journals and books. Highlights of Kevin’s geological career include surviving a violent well blowout, working as a consultant to Phillips Petroleum, Texaco, Exxon, and numerous independent firms, acting as a Principal Investigator on a dinosaur dig in Montana, diving Australia’s Great Barrier Reef, teaching and advising students, receiving numerous research awards and grants, and conducting funded scientific research on sedimentology, paleoceanography, paleoclimatology, geochemistry, and global plate tectonics.
Kevin left his geology career when the global oil price collapse finally caught up to him in 1992. He went into the financial advising industry because his father had been a nationally-ranked leader in that field with a major national firm, so he felt comfortable with making the transition. Over the years he was awarded the Chartered Financial Consultant (ChFC) designation and has completed about half of the coursework for a Master’s degree in Financial Services. Kevin served as a Trust Officer and Vice President for a major Midwestern regional bank for seven years, and served as a Senior Vice President at National Bank of Commerce in Duluth for four years. He was a member and board member of the Arrowhead Estate Planning Council for a number of years. He has a refined sense of the big economic picture that is grounded in his ability to differentiate meaningful information from “noise,” as he once did while working in science and petroleum geology. Kevin is the principal shareholder of Blue Water Capital Advisors, LLC.
Full-time Investor, and frequent speculator.
Focus on US Stocks and Real Estate.
Degree in Economics and Finance.
Over 35 years of economic analysis and active investing experience. Retired Financial Services CEO (company had $2 Billion in financial assets).
Macroeconomic conditions and cycle progression are the foundation of my investment strategy. I evaluate the macro trend, and then select investments that will benefit from that trend, shifting the mix as the cycle progresses. Earnings growth is the sustainable fuel for investment gains. So, I look to position my portfolio accordingly.
I stay fully invested during the rising tide of a growing economy. I use leverage until the expansion shows signs of constraints and exhaustion. Rising input costs (wages, materials, energy, interest rates) eventually squeeze corporate profits, making growth less feasible. When I see evidence of a coming recession combined with weakness in the market, I exit my equity positions, reduce my real estate holdings, and shift to the safety of cash and treasury bonds. After the market slides deeply, and after the panic reaches headline proportions, I begin to reinvest as I anticipate or see evidence of the market bottom. I successfully avoided the 2001-2002 and the 2008 bear markets, while being fully invested for the bull markets around those declines.
In prior cycles I purchased individual stocks. However, during this bull market I am making heavy use of ETFs (including Sector ETFs). This is much less work, but results in more average returns. I do purchase some individual company stocks when I think the company will perform better than the average in its industry sector. I do not sell short, and rarely use options.
My portfolio is about half market tracking. I also use sector rotation, selected specific companies, modest margin debt, and 3x leveraged ETFs, within the rising cycle trend to magnify and outperform the average trend. I also adjust the size of my market exposure based on market conditions, and historic patterns.
My gross investment asset allocation target is roughly 70% stock, and 30% real estate (rentals). Current Stock Portfolio Mix (Dec 2016): 46% Broad Market Tracking (VTI, SPY, RSP, QQQ, VB...),16% Homebuilders and related, 14% Consumer Discretionary (VCR), 9% Industrials (XLI), 05% Berkshire Hathaway, 10% all other. Margin Debt is about 2% of portfolio value. Total Market Leverage is 1.08x (down from 1.34x in 2014). No bonds, and cash is less than 2% of gross assets. Real Estate is Residential Rentals, mostly near the beach (average LTV is about 40%).
Over the past 35+ years of active investing in stocks and real estate, my investment returns have been significantly above the average return of the S&P 500 (largely due to market timing and leverage). Since October 2007, my Stock portfolio average total return has been about 15% per year, compounded. My Real Estate portfolio average total return has been about 8% per year for the same period. The S&P 500 average total return has been about 7% per year during the same period.
AMS certified broadcast meteorologist and individual investor with an interest in variant natural systems impact on markets. These include, weather and solar cycles and theoretical quantum effects on aggregate behavioral economics. Emphasis on developed baseline market price expectation and recognition of price distortions created by market sentiment and transient fundamentals. Seasonal patterns of value and growth are identified such as latitudinal variance in interest rates with respect to solar and temperature changes.