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  • Southern Company: Has This Dividend Stalwart Lost Its Spark? [View article]
    energyp above makes the following comment: " In my opinion, the big risk is whether there are cost overruns at Vogtle and Ratcliffe IGCC and if the state commissions disallow the costs. That means shareholders would pay for the cost overruns rather than ratepayers."

    I, as a former employee of Texas Utilities back in the days Comanche Peak was constructed, I can guarantee that there will be cost overruns. If for no other reason than design changes will be made either by choice (born out of need) or by demands from the NRC.

    The topic of dependency on coal as the fuel for generation is concerned, AEP & Duke are not the only ones that have chosen to delay conversion to N.G. and one would not be wrong to ask why haven't they begun the transition.
    Like any other business, they won't until they are forced to and that is coming sooner than later.
    TXU has already come up against the EPA's demand to either convert plants or shut them down. Because the plants in question were older and conversion cost would be detrimental to the TXU bottom line, TXU had chosen to close the plants, thus terminating a large number of employees in the process. Although this has been avoided for the present, it is clear that electric utilities (and their shareholders) will be footing the bill for conversion soon.
    May 26, 2012. 01:33 AM | 2 Likes Like |Link to Comment
  • Generating Income From Social Media [View article]
    Good article there OLD trader. I hadn't thought about data center reits before.
    Mar 23, 2012. 08:55 PM | Likes Like |Link to Comment
  • Hungary: Will The Euro Die The Death Of A Thousand Cuts? [View article]
    Not that I subscribe to everything I read, but I read an article via Yahoo news feed titled: Why Sovereign Debt Ratings May Not Matter That Much
    An excerpt: In short, the downgrade of the US seems to neither have predicted nor caused a crisis in debt or equities.

    Historically, ratings downgrades have failed to predict downside moves. Â Downgrades of sovereign debt, in particular, tend to follow crises rather than predict them.

    "It seems the markets force them to act, that traders are issuing the call long before the analysts at Moody's or S&P actually downgrade a corporate or sovereign ratings," Ritholtz writes.

    When economist and financial crisis historian Carmen Reinhart looked at this problem in 2002, she found that a huge part of the problem was that the ratings agencies tend to focus on a set of "fundamentals" that do not reliably predict defaults or financial distress.
    You can read the entire article here:
    Dec 6, 2011. 05:06 PM | 1 Like Like |Link to Comment
  • Statoil: How Financially Strapped Governments Might Drive Up Oil Prices [View article]
    Kinda reminds me of the Alberta Tax Scheme that nearly destroyed the oil/gas industry in that province.
    Apr 10, 2011. 08:29 PM | 1 Like Like |Link to Comment
  • A Look at Sanctions on Libya and Their Effect on Oil Supplies [View article]
    There have been comments from the political pundits that indicate that unless we conduct some kind of military intervention in Libya, the U.S. would look weak and lose what little power cache we hold.

    The thinking is that because we are standing back and allowing such genocide within Libya by Gaddaffi, we are losing our political & military strength.

    Considering that Libya doesn't fall within the top 15 countries that export to the U.S.( ) and doesn't even show up on top producer charts(ranks 18th ), we could impose export sanctions on Libya without a significant disruption to the world supply.

    The commodity price of Brent & WTI - Cushing is slightly up from a week ago ( ) indicating the mischief in Libya is now a non-major-issue.

    All in my opinion.

    Mar 8, 2011. 06:01 PM | Likes Like |Link to Comment
  • Your Last Chance to Buy Cheap Oil Stocks This Summer [View article]
    At $32.46 and a yearly dividend of only $0.177196 NE is not an attractive monetary target.
    There are many other energy stocks that are less expensive and provide much higher dividend yields.

    Symbol Bid Ask Div/Shr Yield
    BTE 30.26 30.29 2.09 7.00%
    CQP 16.43 16.46 1.70 10.00%
    CRT 34.40 34.60 2.64 7.70%
    HGT 19.03 19.05 1.53 8.10%
    PWE 19.59 19.60 1.74 9.00%
    YPF 37.50 38.32 2.84 7.30%
    Jul 7, 2010. 10:20 AM | 3 Likes Like |Link to Comment