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losbronces

losbronces
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  • Linn Energy: Something's Got To Give [View article]
    LINE does not have a general partner and is an LLC not an MLP. So they have no obligations to make minimum payments to a GP nor do they have to take drop-downs or pay fees to a GP as is the case with many MLPs.
    Dec 19, 2014. 05:32 PM | 1 Like Like |Link to Comment
  • Linn Energy: Something's Got To Give [View article]
    Venezuela has apparently sold some of their debt from oil sales to Goldman Sachs: http://on.ft.com/1w6cNx3; and I understand that Guyana's debt is also included in the discussions.
    I think Venezuela is not happy with KSA right now.
    Dec 19, 2014. 11:27 AM | 1 Like Like |Link to Comment
  • Linn Energy: Something's Got To Give [View article]
    Cuba gets their oil at $27/bbl from Venezuela. Of course, with Venezuela on the verge of collapse, that could change: http://read.bi/1wPCKF2
    Dec 18, 2014. 12:18 PM | 6 Likes Like |Link to Comment
  • Is It Time To Short Apple? [View article]
    Yes, its pretty clear that most of the comments are based on the title only.
    Dec 11, 2014. 11:27 AM | 3 Likes Like |Link to Comment
  • Crude rises following steep slide [View news story]
    WTIC already negative, down to $60.50 now (-0.7%). Not much of a bounce.
    Dec 11, 2014. 08:44 AM | 1 Like Like |Link to Comment
  • Long lines at C-stores for gas could boost in-store spending [View news story]
    Only in America...
    Dec 4, 2014. 04:13 PM | 4 Likes Like |Link to Comment
  • Tax Changes Coming - Master Limited Partnerships And REITs Advantages At Risk [View article]
    You stated: "senior managers and administrative staff wind up spending significant time with non-value added administrative issues resulting from significant restrictions on the types of activities that can be engaged in by these specialized entities." I have to disagree, there is value-added from the standpoint of taxes to paid by the unit/share holders. That is real value. Reminds me of all the complaints about K-1s being too complicated.

    There is no way for us to receive the same value we now obtain from MLPs & REITs if they are changed to C-corps; unless there is a major reduction in the corporate tax rate. I don't think the US public would support a significant reduction of that rate.
    Dec 4, 2014. 09:29 AM | 3 Likes Like |Link to Comment
  • New U.S. oil and gas well permits plunge 40% in November [View news story]
    Here is a link to BHI's rig count page (as of November 24): http://bit.ly/1tNrOTy. The website also has more detailed reports than the summary I linked,

    YOY, the count is up in both the US & Canada. International is another story though.
    Dec 3, 2014. 01:55 PM | 1 Like Like |Link to Comment
  • New U.S. oil and gas well permits plunge 40% in November [View news story]
    SUV sales are up in the USA on lower gasoline prices: http://on.ft.com/1vna72K
    Dec 3, 2014. 11:08 AM | Likes Like |Link to Comment
  • A Few Quick Observations On Crude [View article]
    No need to guess at what the taxes are, this shows taxes by state: http://bit.ly/1FBM7tV~/media/Files/Statisti... part of the California tax is an excise tax ($/gal) and part is a sales tax based on 9.25% of the price.

    You also have the cost to transport the fuel from a refinery to your service station; that can be significant if you are in a remote area that is distant from a pipeline. The retailer may also make a profit on the sale of fuel.

    People are correct when they say that California's tax revenue will decline with the lower oil prices.
    Nov 28, 2014. 12:12 PM | Likes Like |Link to Comment
  • Improved Commodity Prices Should Spur Freeport-McMoRan [View article]
    Codelco expects 2015 copper production to drop by 5% and they are usually optimistic in their production forecasts: http://bit.ly/1FqOoKj
    Nov 26, 2014. 10:56 AM | Likes Like |Link to Comment
  • Peak Resorts: Neglected IPO Yields 6.5% With Three Catalysts For Imminent Upside [View article]
    Here is their road show presentation: http://bit.ly/1vlCL45
    Nov 26, 2014. 10:34 AM | Likes Like |Link to Comment
  • Seadrill -10% on dividend suspension, plunging Q3 profits [View news story]
    It is suspended as well: http://bit.ly/1vlsaGk
    Nov 26, 2014. 09:27 AM | 2 Likes Like |Link to Comment
  • Seadrill -10% on dividend suspension, plunging Q3 profits [View news story]
    Its worse for NADL imo. Their debt situation is actually worse than SDRL thanks to drop downs. And their divi is suspended too: http://bit.ly/1vlsaGk

    Another FRO in the making?
    Nov 26, 2014. 08:57 AM | 2 Likes Like |Link to Comment
  • A Silver Company Safe Enough For My Grandma To Invest In [View article]
    Arbitrage opportunities are rare between TSX & NSX. Too easy to move between the two. Last check, $Cad = 0.88 $US.
    Nov 12, 2014. 02:57 PM | 1 Like Like |Link to Comment
COMMENTS STATS
790 Comments
1,276 Likes