KBW just released its REIT report on 3/10 and rated ARR best in rising interest rate environment and put current BV at 4.44. PT at 3.70 and see maintaining their .04 dividend
No doubt forecasting is a crapshoot. The analysts and markets have definitely punished the MLPs far beyond their due. Your post shows where the potential upside can be if one relies on patience.
Just cut the cr-p. They will maintain .04 without question AND trading at 28% discount to book! CC will no doubt clarify the issue.
that is true but when you look at all the producers everybody is fairly well hedged for this year. this is why the production levels have accelerated in the face of declining prices. the real question is who will be stding at this same time next year..
I agree with you and by all metrics should have blown way higher in ah. This has been punished more than BIDU in sympathy of bad BIDU numbers. Market should give us our due since QIHU only one of Internet cos to beat numbers
What a short statement. Yes it was down 3.7% and subsequently reversed and went up. The market digested the news and obviously shrugged it.
Yes crude futures up but open report still looks dismal from supply demand perspective. This may be brief rally before another leg down. There is still a call for 40 dollar oil!
I am not lying, KBW in their current segment had 3Q BV at 4.58, 12/31 at 4.38 and current at 4.14. All agency reits have suffered in January due to the rate drop. By comparison Agnc BV has dropped 25.64 to 23.61.
Agree, biggest challenge right now is the debt at revolving credit. Otherwise no long term debt due til 2020. Hopefully dist reduction and capex reduction will give bank what they want to see because equity offering is a complete disaster plan
Goes to show that opinions are varied every day, but the truth may well be somewhere in the middle. He is right that cutbacks in capex production will lead to falling behind to keep up down the road. But never discount these guys who have been involved in the industry and know the ways of opec.