AAPL should be paying about a 3% dividend to shareholders instead of hoarding cash overseas. Paying a large divie will increase stability and holdings in retirment accounts as well.
Lets go AAPL.
over supply at the receiving end dampens requirement to pipe more product. This translates to lower demand for transport and less profit.
Good advice as this is an interesting depreciating vs distribution play. But a capital loss erases the gains from distributions quite quickly.
Sentiment: Strong Sell
I'm not relaxing. I sold and will study the Cushing storage etc... when TARGA is in the $25-30 range and could then become an appreciating asset with a nice payout which is deprecable over time.
No harpo, a very disappointed former Atlas owner that got fleeced. Then TARGA takes a dive to. Good news. Today I dumped this pig for a $6k loss since being acquired. Some of you are bound to lose even more. To much oil. No need to pipe with storage tanks full.
Even though the market is flying today, TARA keeps sliding into the abyss. ATLAS CEO and VPs must be laughing their #$%$ off . NGLS is going lower. Only use for this stock is to die and will it to heirs as an income stream.
Wait until $30 to nibble back in. This is a stagnant market and money is flowing out ahead of fed raising rates later this year.
NGLS bought a declining asset in the middle of a supply glut and smart money is rotating out of sector ahead of interest rate increases.
The entire energy game has changed. Money is flowing out. Over capacity in pipelines, rail cars, and wells. Too much supply should drive volumes down. Take the losses now and buy back in next year if MLPs are your game.
In for another $10 harcut. Stock is ok for old farts who want to will an income stream to heirs, but the 8% yield is not worth it for those wanting to create wealth.
Really? Sector rotation out of energy could keep this down for a decade and thats after another $10 haircut per share.
where is the market for the increase in production you are anticipating? Last I checked we had a glut of over supply, tankers are in contango, and wells are being capped.