Solid report following a weak past period. However, people selling news will dominate this morning. Buyers will wait to hear call. Let's face it, why buy before? We are ex-dividend today, so no hurry there. Some important insight could be gained by the call. Personally, I think we start trading up as the call approaches and selling subsides. Then, it all depends on what they say.
Assuming those on this board like dividends, I would suggest you look at the VALE report this morning. The headline re: EPS is very misleading. Underlying results were very strong and guidance suggests a stronger back half of year. Stock has been slammed in recent months. Just a thought for anyone interested.
well they are paying out in divy more than DCF 2 qtrs in a row now (and some question their DCF calc). the miss is due to poor execution on capex (which is not a very good answer) and they don't seem to have any solutions in the presentation.
Yes more simple minded ignorance.
We did take a one month one time hair cut on the distribution this year. About 8% for the year which brings the DCF cash requirement mostly in line.
Clearly the primary problems are ethane rejection and infrastructure problems holding back production growth. Yes Hogshooter was a disappointment which is not the same as systemic poor execution on capex.
Gee one might reasonably assume all your political palaver about being a thin skinned and low information Progressive is just a cover to be a short shill. I mean that would be the most logical conclusion.
There is a close second. You are a thin skinned low information Progressive being childishly vengeful on LINE.
I see another natural gas export license was approved. On the FERC now which is assumed less political but nothing is sure with the Obama regime which claims leading is abusing power he ways he does not have Constitutional authority to wield.
Your emotional and uninformed opinions as statements of inaccurate fact are of what use to fellow Americans?
like breightbern all I see is a co devoted to developing its properties and if they have to borrow some to do this well if you were a business person you would realize this is how business works you sometimes borrow to grow