Seeking Alpha

jpmccarroll

jpmccarroll
Send Message
View as an RSS Feed
View jpmccarroll's Comments BY TICKER:
Latest  |  Highest rated
  • 6.8%-Yielding Williams Partners Still A Buy Despite Energy Transfer Equity's Monkey Wrench [View article]
    Dear Mr. Hoerth:

    Thank you for your astute analysis of WPZ in view of the ETE acquisition offer for Williams Companies (WMB). I confess I simplistically saw WPZ as the "prize" in the contest now ongoing between ETE and WMB. You incisively point out that "Williams Partners is a growth business with ownership of the only bi-directional pipeline system between the eastern seaboard and the Gulf Coast. Management expects about 10% growth in DCF until 2020, which would probably happen even if Williams Companies does not end up acquiring Williams Partners. Both Williams Companies and Williams Partners are working together to expand their reach into the Marcellus and Utica shales, connecting those two important shale plays with the "backbone" Transco pipeline system between the Gulf Coast and New York.

    Williams Partners has a total contracted backlog of nearly $30 billion, and no, that is not a typo." I made my purchase before I read your column. All MLP investors would do well to read and understand the wisdom you concisely explain behind this opportunity to buy WPZ now. I thank you for your article. I will now follow your future articles. Thanks again.
    Jul 1, 2015. 08:17 PM | 1 Like Like |Link to Comment
  • Is There A Dividend Bubble: Kinder Morgan Edition [View article]
    In juxtaposition to Ian Bezek's critical article on KMI, I stongly recommend readers examine the positive article "High-Yield Oil Dividend Stocks: 5 Facts That Will Make Kinder Morgan Investors Cheer" By Adam Galas at Motley Fool 5/12/2015.
    jpmccarroll@gmail.com
    May 12, 2015. 11:41 AM | 8 Likes Like |Link to Comment
  • Preliminary Review Of Enterprise Products Partners' Q1 2015 Results [View article]
    I, on the other hand, obtained clear and certain value from Mr. Hiram's analytical assessment of EPD: "EPD is a core MLP holding given its breadth of operations, strong & disciplined management team, portfolio of growth projects, low cost of capital, alignment of interests with management (no general partner incentive distributions), relatively low leverage, very strong coverage, excess cash from operations, history of minimizing limited partner dilution and performance track record. As a long-term hold, I would prefer it over BPL, KMI and WPZ."
    May 4, 2015. 09:15 AM | 10 Likes Like |Link to Comment
  • Kinder Morgan: The Cat Is Officially Out Of The Bag [View article]
    Canada will have no trouble selling its oil and gas transported through the improved Trans Mountain pipeline. The only market limits will be supply and demand. I am sure it will be more economical for purchasers to ship the Canadian oil and gas from Vancouver, British Columbia, than from any United States ports.
    Mar 27, 2015. 11:04 PM | Likes Like |Link to Comment
  • Kinder Morgan: The Cat Is Officially Out Of The Bag [View article]
    Dotcom:

    Kinder Morgan of Canada, incorporated in Canada and subject to Canadian corporate law, is a subsidiary of Kinder Morgan (KMI), an American corporation incorporated in the State of Delaware. The important distinction here is that Canada alone will be the sovereign legal body which will have complete legal control over what Kinder Morgan of Canada will have to do in building the improved Trans Mountain pipeline. Canada alone with have complete legal control what will or will not be permissible in the exportation of Canadian oil and gas through Canada. Neither the United States or any other government will have any legal control over Kinder Morgan of Canada or its Trans Mountain pipeline.
    Mar 27, 2015. 10:58 PM | Likes Like |Link to Comment
  • Kinder Morgan: The Cat Is Officially Out Of The Bag [View article]
    I concur with David Alton Clark's analysis. Canada must exercise her own sovereignty to develop "increased infrastructure and policies" to insure the export of Canadian gas and oil. The failure, for over 6 years to obtain movement of its oil and gas through the Keystone pipeline in the United States has proven the unreliability of depending on the United States for such transmission. The sooner it authorizes Kinder Morgan of Canada, a Canadian company, to complete the enlargement of the Trans Mountain Pipeline, the sooner Canada will effectuate its sovereign control of this transmission in the safest and most economical method free of the vagaries and vicissitudes of any reliance on the United States. Until it does so, Canada will continue to lose out on reportedly "$50 million per day" of oil and gas export revenues. The Trans Mountain pipeline development is essential for Canada to achieve "energy superpower status".
    Mar 27, 2015. 02:06 AM | 15 Likes Like |Link to Comment
  • Canada seeks energy pipeline safety guidelines by 2016 [View news story]
    The Canadian national Government cannot abandon it's sovereign right to control the movement of oil and natural gas from within its country to international markets by relying on the permission of the United States. The failure, for over 6 years to obtain movement of its oil and gas through the Keystone pipeline in the United States has proven the unreliability of depending on the United States for such transmission. The sooner it authorizes Kinder Morgan of Canada, a Canadian company, to complete the enlargement of the Transmountain Pipeline, the sooner Canada will effectuate its sovereign control of this transmission in the safest and most economical method free of the vagaries and vicissitudes of any reliance on the United States.
    Mar 26, 2015. 10:11 PM | 1 Like Like |Link to Comment
  • How Much 'Extra' Return Are You Getting If You Reinvest Dividends? [View article]
    David Van Knapp and Navigate:

    Thank you both. Mr. Van Knapp for precisely and concisely explaining the compounding effect of dividend reinvestment. I, too, like Navigate, had my "epiphany" when I read Professor Jeremy Siegel's explanation of why an investor who selected Standard Oil, as opposed to IBM, as the dividend paying stock of choice to invest in at the circa 1957 start of the S&P 500 wound up with the better result. It was the compounding of the re-invested higher yield dividends of the lower priced Standard Oil, as opposed to the higher capital gains but lower yielding dividends of IBM that were responsible for Standard Oil producing the largest total gain over time as measured by Dr. Siegel. Mr. Van Knapp acutely explains why. The repeated compounding of the higher dividends while Standard Oil's market price was lower during the total time period produced multiply more additional shares. Here is wisdom for all who understand this. I thank you both. I intend to follow you both for further incite in dividend growth investing.

    jpmccarroll@gmail.com
    Jan 27, 2015. 08:24 PM | 4 Likes Like |Link to Comment
  • There's A Lot Of Value In The Information Technology Sector: The S&P 500 2015: Part 3 [View article]
    eddieojr:

    Your comment is right on the money. It reflects the basic theme of Professor Jeremy Siegel's seminal book, The Future For Investors. "Dividends are a critical factor driving investor returns..Dividends matter a lot. Reinvesting dividends is the critical factor giving the edge to most winning stocks in the long run. In contrast to skeptics who claim that high-dividend paying firms lack "growth opportunities," the exact opposite is true. Portfolios invested in the highest-yielding stocks returned 3 percent per year more than S&P 500 Index [from 1950-2003]." I concur completely with your comment.

    jpmccarroll@gmail.com
    Jan 24, 2015. 01:33 PM | 3 Likes Like |Link to Comment
  • Bemis Packages Decent Earnings For Its Third Quarter [View article]
    Thanks again for a well-reasoned review of a stock that I will now follow closely. I need to diversify my portfolio of dividend growth stocks which is presently over-weighted with MLPs. Keep up the good work. You are providing dividend growth investors with invaluable knowledge for analyzing dividend growth stocks. I envy your success in developing your own portfolio which allows you to fish commercially because you enjoy it while simultaneously growing your dividend-paying portfolio. The lessons you provide in your columns can teach many others the analytic steps necessary to follow in your shoes. Please continue with more lessons.

    jpmccarroll@gmail.com
    Nov 1, 2014. 04:13 PM | Likes Like |Link to Comment
  • Google Vs. Baidu: The Search For The Best Investment [View article]
    Ms. Stephanie Chung:

    Thank you for your excellent article comparing Bidu and Google. It was logical and informative without being verbose. I especially enjoyed your use of Stock Rover to demonstrate your analysis of both stocks. Please continue to submit more articles using Stock Rover to demonstrate your analysis. Congratulations on the excellence of your reasoning in presenting this article.
    Jul 11, 2014. 07:20 PM | 1 Like Like |Link to Comment
  • The Serious Risks Of Dividend Growth Investing [View article]
    Amen...
    Jun 25, 2014. 09:05 PM | Likes Like |Link to Comment
  • Which Of These Retail Giants Has The Best Dividend: Wal-Mart, Target, Or Costco? [View article]

    David Schauber, Jr:

    Thank you for again demonstrating how dividend growth investors should examine dividend paying stocks in the same sector and business group to determine the best dividend paying stock in the group. Your articles are the best teaching examples on Seeking Alpha for dividend growth investors. The wisdom you teach in your articles is seldom seen so articulately expressed in concise understandable English. These are lessons all investors should learn and practice in their own due diligence. Keep up the good work. I look forward to each one of your articles. Investors new to dividend growth investing should study each of your articles and include it in their due diligence. Kudos again.
    jpmccarroll@gmail.com
    Apr 8, 2014. 08:10 PM | 1 Like Like |Link to Comment
  • Whose Dividends Looks Best: Coca-Cola, PepsiCo, Or Dr. Pepper Snapple? [View article]
    This is the most helpful article I have yet read explaining the analytical steps necessary to make an informed judgment on the strength and sustainability of a company's dividend. Thank you David Schauber, Jr. for your thorough yet succinct dividend analysis. Here is true wisdom for all dividend growth investors to incorporate into their due diligence investigation of prospective investments. I look forward to reading all of your published articles,

    jpmccarroll@gmail.com
    Feb 25, 2014. 05:45 PM | 4 Likes Like |Link to Comment
  • Kinder Morgan Energy Partners Sells Even More Units [View article]
    Hopefully, Philip Trinder will see this article and give us an explanation for KMP's action here.
    Feb 19, 2014. 09:13 AM | Likes Like |Link to Comment
COMMENTS STATS
33 Comments
82 Likes