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ONEOK Partners, L.P. Message Board

cnifakos 9 posts  |  Last Activity: Nov 16, 2015 12:29 PM Member since: Aug 6, 2010
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  • Reply to

    Bought More

    by my911jim993 Nov 13, 2015 9:58 AM
    cnifakos cnifakos Nov 16, 2015 12:29 PM Flag

    Jim, Couldn't agree more with your assessment.. I bought more OKE and OKS below $30.

  • Reply to

    What happened?

    by bigpopiscoming Sep 29, 2015 9:53 AM
    cnifakos cnifakos Sep 29, 2015 3:43 PM Flag

    which is in essence saying that we're going to have to cut the distribution...ouch.

  • Reply to

    Is Management sleeping

    by rishikapoor71 Jul 22, 2015 12:30 PM
    cnifakos cnifakos Jul 22, 2015 1:25 PM Flag

    Why would you think that? There's no such thing as a "safe" stock. The stock is down 50% from its high and has yet to find a bottom. If they don't cut the distribution, you're looking at close to 10% yield. At this point, this is more of a long term buy then a sell. Mgmt has indicated that they expect business to improve in the 2nd half of the year. Let's hope so. In the meantime, there's always the possibility (a growing one as the price continues dropping) that their GP, OKE will #$%$ them up.

  • Reply to


    by bullthrower5 Jul 14, 2015 1:33 AM
    cnifakos cnifakos Jul 20, 2015 10:00 AM Flag


    I can only hope you're right and that they hit their second half projctions. The relentless selling doesn't appear to be abating, which is potentially telegraphing that the street is anticipating a cut.

  • cnifakos cnifakos Jun 30, 2015 12:35 PM Flag

    Perhaps the market is anticipating a reduction in the distribution. After all, in the past 6 months or so, we've gone from high single digit distribution growth projections, to low single digits to zero growth based on the May distribution. The yield is north of 9% and climbing... I hope that Terry and his team have a good handle on the situation.

  • Reply to

    some owe me an apology

    by timeforacrash Jan 14, 2015 8:41 AM
    cnifakos cnifakos Jan 14, 2015 10:50 AM Flag

    Even though FCX is a small position in my portfolio (1%), watching this baby drop and seeing the red on the screen getting redder is ugly. I bought it for the dividend when it was just under 30. Now at 18 and change, is it even worth selling given the tremendous drop? The company wont go bankrupt, but who knows when we'll see prices in the high 20s/low 30s again.... Good luck to all.

  • Reply to


    by jackalop77 Dec 11, 2014 1:50 PM
    cnifakos cnifakos Dec 15, 2014 10:43 AM Flag

    habits - I didn't choose one over the other, I own both. I've owned OKS since 2005 when it was NBP and added it to my IRA. I've never owned OKE until now. Frankly, it always traded at a premium so I wasn't inclined to invest new money there, until now. Great company, it's the GP to OKS and management is projecting solid DCF and distribution growth over the next several years. Given the recent plunge in energy stocks, the reward to risk for OKE I believe is exceptional as a long term hold given the quality and current price. I wish you successful investing.....

  • Reply to


    by jackalop77 Dec 11, 2014 1:50 PM
    cnifakos cnifakos Dec 12, 2014 12:32 PM Flag

    Jack - Financial fortune favors the bold. May not be the bottom, but you just picked up a great company at a ridiculously low price. I couldn't resist either...just picked up some OKE at $44.70.....5.3% yield...just nuts.

  • Reply to

    This is a crazy sell off. Sellers have not

    by gordon939 Dec 10, 2014 12:52 PM
    cnifakos cnifakos Dec 10, 2014 1:12 PM Flag

    People are just dumping all things energy. Shoot first, ask questions later. Dumb. Just plain dumb. OKE and OKS just provided very strong DCF and distribution growth guidance a few days ago, yet the stocks are down another 10-15%. IF you have some dry powder, you can buy these solid companies (and many others) on the cheap.

30.06-0.09(-0.30%)Nov 27 1:02 PMEST