I don't think Martin gets the respect it deserves because they're conservative. I honestly believe Alinda will help Martin quite a bit over time.
I haven't read their recent comments. I think you're right, ETE or possibly Spectra? It'll cost them a bunch. Do you think MWE tries to be an acquirer?
I agree with Kevin O'Leary. "I look long-term at Yahoo as a place where money and companies go to die because that is what basically has happened over a long period of time," said Kevin O'Leary of O'Leary Funds, on CNBC's "Closing Bell" on Tuesday after the company reported its third-quarter earnings.
He's right. Marissa Miller and Co are terrible. Yahoo will likely never be transformed.
I'm with you on that one. Management performance shouldn't be based on having the nuts to go on a shopping spree. They need to show results. Otherwise, there are better options available in TSO, HFC, WNR, etc. All of those mgt teams are superior imo. Either way, I'm happy they maintained it, now on to earnings.
From today's news: "Tulsa-based Alliance Resource Partners LP announced Tuesday that longwall operations have begun at the White Oak Resources' Mine No. 1 in Illinois."
My portfolio has fluctuated about 10K in 7-10 days. Pretty crazy given the size. I'm glad I loaded up on VNR and added to KMI. I'm looking at TLLP today on the share offering.
A group led by Macquarie's Asset division bought Cleco today but it's not the Maquarie Infrastructure Company. Will it be dropped down or sold to MIC? I doubt it.
Yeah, .685 for a long time. Unless another acquisition comes into play or something happens with spreads, it'll likely be late 2015 or 2016 before a raise occurs. A lot of good things need to happen beforehand though.
There is always something possible that no one can predict. No sense in trying to guess the scenarios. It isn't fun being an investor in a market that has limited upside. I'm all for the markets going down some more.
I own VNR so I'm biased. My reasoning is this, they're focusing on NG which I feel is a better fit for their business model at today's asset prices. They're working with QEP and UPL, which are two solid operators in their respective regions. Either way, I'd wait and get a better price for all of them or average into your position. If you don't need income, go the contrarian route and pick up some Sanchez Production Partners.
Chesapeake Energy (NYSE:CHK) +2.7% premarket after agreeing to sell assets in the southern Marcellus Shale and eastern Utica Shale to Southwestern Energy (NYSE:SWN) for $5.375B.
The sale includes ~413K net acres and ~1,500 wells in northern West Virginia and southern Pennsylvania; average net daily production from the properties was ~56K boe in September, with net proved reserves of ~221M boe.
CHK says it expects FY 2015 production guidance to remain in the range of 7%-10% growth Y/Y adjusted for asset sales.
I'd have to look at all the regional oil prices. Analysts have given Holly Frontier, Alon and others overweight ratings. I'd say that the drop in oil prices will definitely help their specialty side of the business. The recent acquisitions of the drilling fluids/service providers could suffer. It may be obvious the lower input costs will help their refining side but its not as cut and dry as it may appear. A lot of refineries are adding capital to their facilities and that's favorable as well.