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  • ConocoPhillips declares $0.25 dividend  [View news story]
    I think Berkshire owns Phillips (the refining side).
    Feb 4, 2016. 12:07 PM | 1 Like Like |Link to Comment
  • Realty Income And The Growth Rate  [View article]
    I am a long time fan of your work in this sector. I am currently long O. When the stock price gets a bit higher than my comfort level I sell covered calls. Yesterday I sold the 9/16/16 $50 calls at a net price of $4.34. My shares might get called away but if not I will collect several more months of dividends and roll them again. Either way I count O as a winner in my portfolio. If I lose those O shares I see some bargains out there right now.
    Jan 23, 2016. 11:33 AM | 1 Like Like |Link to Comment
  • CenturyLink: Best Value Stock In The Telecom Sector Now Yields 9.71%  [View article]
    Although your analysis is excellent I see a company mired in a declining industry with a hIgh payout ratio and very limited growth potential I have looked at it several times over the last few years and was always enticed by the yield but never could pull the trigger.
    By the way I am a CTL fiber optic broadband customer (in multiple locations) and their service is excellent but there is plenty of competition in my locale and I would drop them in a heartbeat for a lower price. I suspect that is true in most of their markets.
    Jan 22, 2016. 03:31 PM | 1 Like Like |Link to Comment
  • Potash Corp. Set For Rebound Over Medium Term As Worst Priced In  [View article]
    I own a Midwest corn belt farm (for over 30 years) and the large scale corn and soybean farmers are NOT using manure on a large scale. It takes a lot of manure to raise 200 bushel/acre corn. Please cite your data source as I would like to know the economics of using manure.
    Jan 20, 2016. 05:07 PM | 7 Likes Like |Link to Comment
  • Potash Corp. Set For Rebound Over Medium Term As Worst Priced In  [View article]
    The current stock price is dismal. But when the current market forces play out they will still be the world's largest Potash company. With mining projects of their size the barriers to entry are substantial. For example, mining reserves. The good reserves are already owned/leased by someone. This stuff isn't just lying there to scoop up it costs billions to bring a large scale project online. If/when the fertilizer price cycle improves POT is poised to move higher.
    Jan 20, 2016. 05:04 PM | 2 Likes Like |Link to Comment
  • VEREIT's Stock Has Fallen Too Far, Yield Now Approaching 8%  [View article]
    I am still long VER and disappointed the way the market has treated it lately as new management is moving in the right direction. Put simply I think there are other more stable situations in this sector and the smart money managers have shifted their focus to them. I am standing pat for now as I think the company is more transparent now. Hoping for increased dividend growth thus leading the stock price up.
    Jan 15, 2016. 10:56 AM | 2 Likes Like |Link to Comment
  • After Paris: Ignoring 2 Degree Planning Is No Longer An Option  [View article]
    How is the world going to generate the electricity to power all of these electric cars? I seriously doubt that nuclear, solar, wind, etc. will replace all of the fossil fuel plants in the next twenty years.
    Dec 22, 2015. 06:27 PM | 11 Likes Like |Link to Comment
  • After Paris: Ignoring 2 Degree Planning Is No Longer An Option  [View article]
    The following premise:

    "In the last nine months, over $200 billion of such projects has been cancelled, and more than $6.5 billion has been taken in write-downs. Shell spent $7 billion in the Arctic only to find that there wasn't enough oil to justify the risky undertaking"

    has me pondering this cancellation of projects is even remotely connected to the Paris decision. My take is that the vast majority of the cancellations are directly related to current oil prices.
    Dec 22, 2015. 04:51 PM | 15 Likes Like |Link to Comment
  • It's Time To Stop Drilling - Or It's A Race To The Bottom  [View article]
    Thanks Michael for your timely article. When Wall Street quits finding the money for the oil patch the drilling will slow down fast. It seems as thought the last few months the E&P guys kept thinking that the OPEC crew (or what's left of them) would slow down or something in the Mideast would jeopardize the status quo. I was a banker to the oil patch in the early 80s and when the music stopped it got ugly quickly-especially in the deep gas plays. Having said that I have been buying some E&P stock on the way down with the same foolhardy notion that this pain will pass soon.
    On a positive note the demand side of the oil business looks steady.
    Dec 9, 2015. 06:01 PM | Likes Like |Link to Comment
  • Kinder Morgan may need to cut dividend guidance, analyst says  [View news story]
    The point is these analysts make conjecture based on their on modeling which then becomes a headline news item. This analyst who I am sure is very astute gave his opinion which then became a headline. Unfortunately we live in a trading world driven by sound bites many of whom come from ill-informed analysts who may or not be impartial.

    I sure don't see anything new in his comments. The only real news we will have is their upcoming earnings release.
    Oct 13, 2015. 03:40 PM | 1 Like Like |Link to Comment
  • Is This The Right Time To Consider ConocoPhillips?  [View article]
    Iranian oil will take months if not years to ramp up. After years of neglect their infrastructure needs major upgrading. Furthermore this increase when/if it comes is simply not that significant. There are many other players who have their own agendas that can have bigger impacts. Few in the media ever report the details necessary to breakdown supply in this sector.
    Oct 6, 2015. 09:44 PM | 4 Likes Like |Link to Comment
  • No long-term future in tar sands, Alberta's premier says  [View news story]
    Sounds like she and Obama make a great couple.
    Oct 1, 2015. 08:34 PM | 2 Likes Like |Link to Comment
  • Stick with quality energy stocks amid the carnage, analyst says  [View news story]
    You guys beat me to the punch. Makes you wonder of he has any credibility in this sector.
    Sep 28, 2015. 07:21 PM | 3 Likes Like |Link to Comment
  • AMD jumps on Microsoft buyout rumor  [View news story]
    I thought MSFT would be smarter than this since Mr. Ballmer left. Remember that Nokia device deal which resulted in a total write down of the purchase price.
    Sep 11, 2015. 04:33 PM | 2 Likes Like |Link to Comment
  • Don't Buy The Hype - Oil Prices Are Down Due To Short Sellers  [View article]
    You are correct in that the Saudis cannot unilaterally reduce production. We have a current over supply situation which is exacerbated by perceived weakening in the China economy. Iran will have the opportunity to increase exports but after many years of neglect of their infrastructure this will not happen quickly. It hasn't happened in Iraq and likely will take years and lots of money to get up to pre-embargo levels. The "softening demand" issue is perhaps overblown in the media as the world is still consuming oil at very high levels.
    Aug 26, 2015. 12:14 PM | Likes Like |Link to Comment