San Juan Basin Royalty Trust Message Board
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SJT vs. HGT
Looking to add either of SJT or HGT to my 410-k portfolio for income. I have been holding the likes of EOG, DVN, CHK for some time but want to broaden out the exposure with one of these two NG MLPs.
From my own DD, there seems to be little to choose between SJT and HGT. Am I missing something important? Do people expect any significant changes now that XOM is buying XTO? Any specific reason why SJT is jumping today?
Thanks in advance.-
thanks for the post, I added 50s at $18,im a smalltime guy 150 total ave 17.90 is ok by me.
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another good tool to use is www.americanbulls.com for positive technical trends. I use it along with stockta.com. and stockcharts.com etc
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You can click "60min" (same intraday)chart in lower box, to take it out more days.
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I use stockta.com, use the intraday chart of SJT, you'll see why 17.80 was support, and I figured it wouldn't go lower after dipping below briefly, also saw big volume ambush, had to be hedgefund manipulation to shake sellstops out, then at 17.80 they started buying again.Here it is,
http://www.windchart.com/stockta/analysis/?symbol=sjt actually, it's 17.81, look across, and see the support, now you can also see it can sell back down to 18.12 support and is safe unless breaks below there on big volume, I bought for longer term though(months).
Looking at HAV also, it's about a 11% discount to nav. -
I Own both but prefer HGT at this price today. They are basically comparable. However, it seems that many of the traders play SJT because it's dividend is more dependable.
- 1 Reply to michaelstl
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Thanks. I bought HGT yesterday on the relative valuation advantage versus SJT. Other than that, both seem quite comparable.
If SJT drifts back into range, I might pick up some too.
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Probably not too much of a difference. I analyze SJT, just glanced at HGT...so I won't pretend to know the ins and outs of HGT. SJT looks like has a little bit higher dividend lately...and sells its gas a little cheaper...probably the only reason for the price difference. On a PE ratio at first glance they are probably pretty close. Production for SJT has been really steady this year...I like that as you really only then have to worry about NG prices and you should be able to accurately tell what the dividends will be. They both appear to be undervalued based off the price of gas...good luck.
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