I think they are. If we ever start exporting LNG VNR will have to show non-monetary derivative losses, something that always looks bad on the surface. However the hedging will insure consistent payouts. I'm buying more on Monday
Have these guys ever heard of an annual or quarterly report. After sticking it to us with a secondary they let us hanging like the fools we are. This delay is the reason for the decrease.
300 megawatts; DURING APPROX 6 HOURS OF USEFUL WINTER DAYLIGHT. Who provide the power at night and early morning when demand is at its peak? I'll tell you who; the nuclear, coal and NG plants. 300 megawatts of solar for six hours is 1.8 million kilowatt-hrs, at 5 cents per generated KW-hr equals is $90,000 per day worth of generated energy, or $31.5 million per year. That's a lousy return on $800 million, especially $800 million of taxpayers money.
I never owned this stock. The dividend is listed as $0.875 per quarter, and the projected earnings north of $6, yet the market hates this company. WHY-better yet why should I buy this stock?