If tank cars needed to be retrofitted to adhere to new safety standards, we all hope this will be a huge plus for TRN. However, a downside might be that TRN will have to spend a great deal of money redoing their lease fleet of tank cars. Any thoughts on this?
Although the current KMP dividend is tax deferred, don't forget that the deferred dividends are taxed at regular income tax rates when you sell the KMP units. So depending what your regular tax rate is, the new structure may be better for you.
I sold out of my position after earnings release. I will wait to see if it gets back down to upper 30's and then I will rebuy. At that price level, it would not quite be a 50% retracement, but probably as close as we will get. I also agree that the momentum buyers may be taking a break even though TRN prospects look bright.
I read that Energy Transfer Ptrs. is building a new pipeline from Bakken to a refinery in Illinois that will sell refined products throughout Midwest. Does anyone know what impact, if any, this will have on NTI.
I agree that the share price will decrease, but will the exchange also decrease the strike price by a corresponding amount. In other words, if the distribution is $1, will the July 28 strike price be reduced to 27?
Two analysts discussed TRN on CNBC this afternoon. Both were positive on the stock, so I was surprised when there was absolutely no uptick in the stock price during their discussion. There is usually a slight uptick from retail investors during these CNBC presentations.
In particular, get rid of the CFO. He can't seem to raise any money other than at extremely expensive rates. This is disappointing in this low interest rate environment.
What a soft interview by Cramer. He didn't bring up the IDR as one of the reasons that KMP can't seem to move. Kinder and he must have agreed not to mention this. The interview really provided nothing new.
Will the situation in the Ukraine effect Russia's ability to export potash? And if so, would this be a positive for MOS? Or will this prevent the Ukraine and Russia from re-establishing their cartel, the result of which is to keep potash prices suppressed?
We have cold weather requiring more natural gas. We also have low interest rates for the foreseeable future. KMP distributions will increase faster than interest rates. What is not to like about this stock?
Sentiment: Strong Buy