I am considering investing in AA as fundamentally it looks good to me. However, I like to have a decent dividend with stocks I invest in. Any reason AA's is so low? Is it expected to increase soon? Thanks.
I think you are right. I sold - bad/disappointing earnings and reduced dividend. I might however consider buying back if there is a further substantial drop in the share price.
I think babyfaze has it correct - the Iran agreement (actually only an understanding - it needs to have all the details agreed to and signed by the parties to become an agreement). The thought is if the agreement happens, the crack spread will substantially narrow with the flood of Iranian oil onto the market. Another reason the potential agreement is a very very bad one. Obama/Kerry got taken to the cleaners, conceding on just about everything to get it done. Iran wins big time (as does terrorism).
It is not an agreement, yet. It is a memo of understanding, Essentially it is just an outline. All the details have to be drafted, negotiated, and agreed to. Hopefully for the sake of the free world, that won't happen.
There will also be cash synergies to EPS due the windfall cash AAL will have with these earnings, e.g., buybacks, dividend increases, pay down of debt, etc.
I believe it has been the price of oil, which has been bringing down all energy related shares. However, this is illogical for ULA as fuels for electricity don't include oil - only coal, gas, renewables, and nuclear. With all wanting to reduce coal usage and demands for electricity constantly increasing, nuclear will be growing dramatically no matter the oil price (and even more so as the price of oil rises).
That makes no sense to me. When I think of "ride share," I think of car pooling when a group going to the same location at about the same time take 1 car to share costs. How is "ride share" having an individual/rider electronically connect with a service (Uber) to have 1 of it's affiliated vehicles pick a rider up at one location and drop him off at a another after which the driver continually repeats the action? That sure sounds like a taxi service to me.
That's my view also, but the dividend can change each quarter as results warrant.
I'm not anxious to sell covered calls since I think BBEP has decent upside from here and I would rather hold on.
I really don't understand this company. If you read the report, it seems like all is very good, but the earnings loss is not mentioned. They do have a positive/growing EBITA, so it's unclear what is going on with the earnings. Can anyone explain?