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Deepwater_Gom

Deepwater_Gom
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  • Here's Why You Should Stick With BHP Billiton In The Downturn [View article]
    This stock is the ultimate falling knife. I sold out at $43 and took a hefty loss. Now look where it is. China's in recession and BHP will probably go a whole lot lower. I wouldn't be surprised if their forced to cut the dividend in the future as Iron ore and petroleum prices stay low. Sometimes it pays to take a loss and redeploy in another stock that has a chance to recover those losses.
    Aug 30, 2015. 03:23 PM | Likes Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    Ray, thanks for the well researched article on Shell and their solid dividend. I'm hopeful they won't have to because oil prices will recover back into the $70-$80 range within 2 years. As for your comment :Author’s reply » I have legged into RDS shares slowly on the way down. With the benefit of hindsight, I should have started later. I hear you on that one having got in at $57.50. Made the same mistake on BP but much worse average cost of $39.39. At least we'll be paid well while we wait for them to come back. Any thoughts on BP cutting their dividend? I tend to believe based on Bob Dudley's comments that they like Shell will defend the dividend at all cost.
    Aug 28, 2015. 06:34 PM | 1 Like Like |Link to Comment
  • Addressing The Royal Dutch Shell Dividend Concerns [View article]
    Christopher, I believe you're spot on and they will not cut their dividend till hell freezes over. Same with BP. I own both as part of my retirement dividend portfolio. Where else can you get this kind of safe yield in the market? The only other place is midstream pipelines, which I also own.
    Aug 27, 2015. 06:03 PM | 8 Likes Like |Link to Comment
  • EIA Global Supply/Demand Forecast Overestimates Production [View article]
    I think you're on to something. You're the second article questioning EIA production/demand numbers I've seen in the last few days. This other article says EIA's demand numbers are off so much that there is no glut whatsoever. And yet all we hear is the steady bearish drumbeat of articles; by people that are clueless; telling us oil is going much lower. The contrarian bet is to buy oil stocks and ETF's here, because when it becomes evident that production is plummeting because of lack of drilling and capital expenditures oil and oil stocks will sky rocket. Here's a link to the other excellent article.
    http://bit.ly/1CN0dgp
    Jul 17, 2015. 06:46 PM | 3 Likes Like |Link to Comment
  • Dividends & Income Digest: Once Interest Rates Rise, What Happens To Dividend Growth Stocks? [View article]
    Yes, the old adage that rising rates can kill dividend stocks is often quoted, but if you can lock in high dividends in the course of the sell off of dividend stocks or funds, why would I care. I've been averaging into several CEF's that are energy, MLP pipeline, Utilities, and several major oil companies as they have all been slammed. My portfolio now averages 7.3%. Do I think interest rates will ever challenge that kind of return? Do I care? The answer to both is no. I do think a lot of individual dividend aristocrats that are trading at high PE's and low yields now will finally correct with a market correction and that would be the time to buy. You just have to know when to buy value when you see it, lock in the higher yields and not really care what interest rates do IMHO.
    Jul 10, 2015. 09:07 PM | 6 Likes Like |Link to Comment
  • Grexit Uncertainty Likely To Extinguish Optimism Over BP's $18.7B Gulf Of Mexico Settlement [View article]
    Gexit completely irrelevant to BP as an investment. As a long term investment, BP has both good capital appreciation potential and a great dividend with a history of growing that dividend. So what if it falls back a little, my take is this will be your last chance to buy BP at a near 6% dividend yield. Buy while you still can get it this cheap.
    Jul 5, 2015. 01:24 PM | 3 Likes Like |Link to Comment
  • Profit From The Pharma Craze: Sell Gilead, Buy Taro [View article]
    As I suspected, TARO has ridiculously low volume avg 63K shares per day. Hard to accumulate a position. No thanks, just not liquid enough.
    Jun 23, 2015. 07:55 PM | Likes Like |Link to Comment
  • Shell No! I Won't Go Back To Rule-Changing Oil Giant [View article]
    To each his own. I'm long RDS-B and have made a ton of money trading around a core position. My yield on cost is 6.1% and if you're a long term investor, Shell will do just fine thank you, especially after buying BG to become the worlds biggest LNG producer and increase overall proven reserves by over 20%.
    Jun 11, 2015. 01:49 PM | 18 Likes Like |Link to Comment
  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    building, I'd say you're the armchair environmental scientist. I am a scientist and have throughly researched the subject and yes it is junk science. I'm sick and tired of people like you that parrot the environmental and climate scientist dogma and know absolutely nothing about the subject. You're a good example of the brainwashing that is going on across the planet.
    May 23, 2015. 12:54 PM | 24 Likes Like |Link to Comment
  • HCP, Inc.: Is The Bad News Priced In? [View article]
    I noticed Brad Thomas doesn't own HCP. I know he sold it immediately after they fired the previous CEO and installed a new inexperienced one. I wonder what his opinion is of it now.
    May 23, 2015. 12:23 PM | 4 Likes Like |Link to Comment
  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    Unfortunately, every European Geoscientist working in the oil industry that I've run into believes in man made global warming which is surprising since Geoscientists study earth's history over millions of years and know better than anyone that climate fluctuates incredibly throughout geologic time. There are so many variables that it can't be modeled, yet their biased forward models are what this is all based on. It appears that the environmental propaganda junk science has brained washed them.
    May 23, 2015. 12:16 PM | 18 Likes Like |Link to Comment
  • Bubble Trouble? Reasons This One May Go Up In Smoke [View article]
    I agree with you that the stock is overvalued and recently sold at $52.50 after gaining over 50% in a little over a year. It was hard to do because my yield on cost at that point was over 6%, but I didn't want to get too greedy after a 50% gain. This was the best performing position in my DG portfolio . Got lucky in being able to replace it with RDS-B near the 52 week lows with a yield of over 6%. I have to strongly disagree with you on covered call writing on MO. If I had done that I wouldn't have come close to a 50% gain. I stopped selling covered calls on most positions because I try to buy my positions low to get good yield with no intention of selling. It's too hard to find undervalued stocks these days only to get them called away and then see them take off. In my opinion selling cash secured puts is a better way to go if you want to generate additional income.
    May 12, 2015. 07:42 PM | Likes Like |Link to Comment
  • Petrobras: Take Warren Buffett's Advice [View article]
    I wondering what to expect from the BG/Petrobras now Shell/Petrobras partnership in the Pre-salt discoveries in offshore Brazil. I have a big long term investment in Shell, who seem pretty happy with their new found oil reserves through the acquisition. Petrobras is a fairly competent deepwater operator, but all this corruption and possible Petrobras default talk have me worried.
    Apr 25, 2015. 08:11 PM | Likes Like |Link to Comment
  • AT&T: Slow Decline May Accelerate With Q1 Earnings [View article]
    I agree. Sold it and Verizon after holding for a year with very little to show for it except the dividend. I also agree the trend looks scary. Could continue to see a slow grind lower for years.
    Apr 20, 2015. 08:02 AM | 3 Likes Like |Link to Comment
  • Shell Replaced Only 26% Of Its Produced Reserves In 2014 [View article]
    I'm certainly worried about it, but it wouldn't be fatal. I think the stock is still way undervalued and when the verdict for the Macondo trial is delivered in April or May the stock should take off. BP is one company that I'm not worried about replacing their reserves. They are an oil finding jugernaut... the best in the business. Just look at what they've found in the deepwater Gulf of Mexico and you'll know what I mean.
    Feb 23, 2015. 07:23 PM | 4 Likes Like |Link to Comment
COMMENTS STATS
96 Comments
313 Likes