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Bernie Kent

Bernie Kent
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  • Another disastrous day for oil stocks - is it capitulation time? [View news story]
    Agree that stock price has gone nowhere, but dividend has gone from $0.27 - $0.74/quarter sequentially increasing 3X over a 10 year period. Ten years is a short span for a long term investor.
    My father in law worked for Phillips 66 from 1956-1986, buying stock and never sold it. The annual dividends he receives today almost equal his basis per share investment price on the stock thanks to splits and increasing dividends.
    Aug 13, 2015. 09:42 PM | 14 Likes Like |Link to Comment
  • Reuters: Cheniere Energy plans to deliver LNG to central Europe [View news story]
    Cheniere has multiple "take or pay" contracts with several large customers in Asia and Europe over 10-20 yr terms. The LNG selling price is tied to US Henry Hub pricing +15% to the customer taking delivery at liquefaction export. These customers are obligated to pay whether they chose to take the LNG or not. Cheniere will succeed based on these long term contracts which in turn were established to fulfill long term delivery on Nat Gas to customers of BG, Tokyo Elec., etc and others. I'm not aware of any other LNG liquefaction export seller that has contracted "take or pay" commitment with their customers. With potential volume of stranded Nat gas in usa, the odds favor Cheniere succeeding.
    Aug 1, 2015. 12:14 PM | 1 Like Like |Link to Comment
  • Gladstone Capital invests $7.2B to fund acquisition [View news story]
    SA - or someone - please confirm correct figure that must be significantly less than their total current credit facility of $ 170MM
    Jul 13, 2015. 07:41 PM | Likes Like |Link to Comment
  • Oil prices are headed higher, two top investors say [View news story]
    Jul 11, 2015. 01:10 PM | 1 Like Like |Link to Comment
  • PepsiCo Is Creating Buying Opportunities [View article]
    FritoLay is the strength of Pepsi, even at 3%, people will not deny their snacks, whether unhealthy or not.
    Jul 9, 2015. 03:35 PM | Likes Like |Link to Comment
  • Cheniere to take on $5.8B in debt toward Sabine Pass construction [View news story]
    I expect our domestic Nat Gas prices to increase in coming years, as they are so depressed and outliers compared with every other major consuming region of the world. I believe that we have been and will continue to be the world leader in Nat Gas production for some time to come. Thus far, only 4 LNG export facilities (Cheniere Sabine Pass, Freeport LNG, Cheniere Corpus Christi, and Dominion's Cove Point, MD facility) have the full "green light" and are under construction with startup exports to begin in phases from 1Q 2016 - 1Q 2019.
    Jun 29, 2015. 09:00 PM | Likes Like |Link to Comment
  • McDonald's Takes More Steps To Improve Its Menu And Franchisee Relations [View article]
    And if you want a quarter but no pennies back in change, try rounding your payment such as - ie. $6.67 cost, pay with $7.17 and see if you get 2 quarters back. I often receive my $.17 back and then another .33 because they can't do simple math !
    Jun 21, 2015. 12:33 PM | 5 Likes Like |Link to Comment
  • McDonald's preps to play politics [View news story]
    ATM machines have been around since mid-1970's, as I recall using one for the first time in 1976. I think older adults have been using ATMs for at least 30+ years now. But I agree that older adults prefer to deal with people, rather than machines.
    Jun 13, 2015. 06:53 PM | 2 Likes Like |Link to Comment
  • NYC mayor de Blasio says New Jersey should reject deal with Exxon [View news story]
    XOM is still obligated to pay for the clean up. The settlement amount simply limits the potential liability cost that could otherwise be unlimited via future litigation.
    Jun 9, 2015. 03:30 PM | 4 Likes Like |Link to Comment
  • Las Vegas Sands At Great Entry Point; Market Realizes Macau Downsides Baked Into Price [View article]
    Selling LVS puts (if you can cover the cash) with $50 strike, and buying $55 Leaps are a high probability profit proposition
    Jun 9, 2015. 03:24 PM | Likes Like |Link to Comment
  • WSJ: Exxon to face regulators' questions over Texas quakes [View news story]
    Absolutes in science and life are very rare. If you can point to proof of earthquakes being caused by frac'ing, this whole controversy can be laid to rest. I've studied this for many years, and it's unfortunate that so much attention with blame is attributed to anything via politics and without proof.
    Jun 7, 2015. 12:12 PM | 4 Likes Like |Link to Comment
  • GE, Aetna weigh Connecticut pullout [View news story]
    Possible locations GE would consider relocating their headquarters include Atlanta, Houston, Dallas Ft Worth metroplex - breaking away from Financials means departing NY area.
    Jun 5, 2015. 10:45 AM | 3 Likes Like |Link to Comment
  • Magnum Hunter Resources - Evans Pulls Off Another Miracle [View article]
    I think he was referring to the perpetual preferred ($25 par) that is hanging around $18/share.
    May 27, 2015. 05:34 PM | Likes Like |Link to Comment
  • Shareholders press for board voice on climate at Exxon, Chevron [View news story]
    The whole global warming or climate change PR propaganda really seems better suited as a backdrop for a dramatic movie. It's got Hollywood written all over it - too bad politics is all about spending someone else's money and personal egos spotlighted before the public.
    May 27, 2015. 01:26 PM | 6 Likes Like |Link to Comment
  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    I'm not a Climate Scientist, but I find it rather ironic that we were scared by so-called experts in the late 1960's and 70's warning of an impending ice age due to long term climate cycles and human environmental interference. Fast forward to the new millennium and even today in 2015, we are again being warned of human interference accelerating climate change, only this time it is global warming - in 30 years time, we are expected to believe just the opposite! Regardless of what the future climate impact, why are so many foolish enough to believe whatever so-called science is most effectively publicized ? Are we so all-knowing and arrogant to believe that mankind can trump or redirect the cycles of nature ? I'm not trying shape opinions - I'm asking genuine questions with hope that each of us will draw our own thoughtful and logical conclusion, rather than simply drinking whatever cool aid of opinion tastes best to their personal interests.
    May 24, 2015. 12:00 PM | 1 Like Like |Link to Comment