Memorial Production Partners LP (MEMP) Message Board
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ALL COMMENTS APRECIATED
MEMP looks like good long time hold.Wonder if i am missing something? Financial look in line or exceed those of my other similar holdings. Any and all comments are appreciated.AKA MUTE
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Like the stock,,, do not like the name,,, scheech
- 1 Reply to yp_steve_ardmore_416
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if you follow their releases, they had a terrific qtr 1.44x coverage ratio. i am sure will move to 1.2 over time, but they are very nicely hedged for the next 3-4 yrs. it seems like a steal and something just tuck away and people will discover the stock.
i do remember vividly LINE, no one liked, it was $22 and 12% yield and had their next 5 yrs hedged out on oil and gas. it took awhile and now everyone loves it.Sentiment: Strong Buy
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Hi. I see the stock is back to 11% dividend again. Volume is always low when you see these minor drops. I will buy more shares below 17.30 tomorrow. Have you listened to the conference call on their website? It is actually very good and covers a lot of ground in a short time. Makes you feel quite comfortable.
Staying long.- 2 Replies to jrx_1998
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Thanks for the response! I know and have known for a long time, I am over weighted in energy, about 80% of my portfolio. But in total I am up 78% ytd from last sept. Includes dividends.looks like I am greedy , plus 117% for last 2 yrs for
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Nat gas should go higher as less wells are being drilled and winter weather should normalize.
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