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?
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.
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.