Gambler, there's some interesting threads on the MLP IV board, re: STON, their distribution and state taxes. I''m sure you're up on it but it's a very interesting read.
Sarge. Only problem is there are 100s of Saudi Princes and each one has something different to say about the price of oil. I've been nibbling on MEMP this morning.
Jan 26 (Reuters) - Pipeline operator Energy Transfer Partners LP said it would buy affiliate Regency Energy Partners LP in a deal valued at about $18 billion, including debt.
Regency shareholders will receive 0.4066 of an Energy Transfer unit and 32 cents in cash for each Regency unit they own.
The offer works out to $26.89 per Regency unit based on Energy Transfer's Friday close, a 13 percent premium to Regency's last closing price.
Yea Vin, I bought 2 of those huge bottles of Advil in Costco last month. Just started the second bottle today. Good thing I don't have an addictive personality :~). Hope your blower is back at top efficiency.
Heck, was done with my property and TWO old lady neighbors by 10 am and that was with a cracked rib suffered last Sunday when I fell on my ice skating rink driveway. Great article this morning in Barrons titled "22 Investment Ideas". One was ARCC which I've held for about 5 years now. Not very glamerous but 9.5% yield and very steady. Google the above headline and you can get the article without subscription. Canada looks shaky now and I question those noting PGH. Too many negative articles on how the oil problems are affecting Canada. Brace for Monday as the forecast is for a LOT more snow than this mornings 6".
TradeWinds sources are confirming that JF is in talks with shipyards in China to convert 8 newbuilding bulkers into SuezMax Tankers however (according to TradeWinds) 4 of the bulkers are "too far along" to do anything about so 4 Capes might be able to be negotiated and converted at a higher price tag...Last month Scorpio elected to convert some of its newbuilding Capes into Tankers as well...
Many of the MLPs have maintained or even increased their dist. the past week but remember, their figures are from the 4Q and things have only gone downhill from there. MEMP is on top of my MLP buy list to replace my APL sold last week.
Bill, if this link posts an interesting read on the Saudi palace intrigue:
Wiki says Muqrin was born 9/15/1945 (will be 70). The new DEPUTY Crown Prince (Mohammed Naif), Salmans 1/2 brother is in late 50's. Heck, every news story has something different. LOL
Hey Bill, new Crown Prince Muqrin (hate those words with no "u" after "q") will be 79 in Sept. Salman in the early stages of senility/alzheimers. Muqrin looks like the real deal and hopefully will lead from behind.
Past tense. Saudi king dead. Oil up 3% in trading. These guys have a very good succession plan in place so I'd guess things will settle down very quickly there.
I'm sure hoping so mark. At least one of the NCT operations is doing very well. NADL looking good this morning after SDRL guaranteed a large NADL bond coming due next year. Maybe a break in the downtrend.
Congrats to you keebon on your retirement.. Now you can sit around like some of us and watch your portfolio gyrate day to day waiting for the warmer weather. LOL.
today after NSM announced closing of an 8.5 billion $ deal, of which NRZ should get a nice part of. No details of who the seller was but could very well be OCN or HLSS with their regulator problems.