EPD is as strong as they come.... but its still 15% off its highs... after visiting 25% down... and Seaway is an ugly reality
KMI remains at all time highs... with significant questions
Bexar has it down... and he may be a Hedgeye shill.... but the questions are real
I want to see consolidated #s.... I want to see that the per share #s show a significant increase.... otherwise it was all so that Kinder could benefit at the expense of his long tem partners
the biggest red flag is that EPDs Seaway pipeline from Cushing OK to the Gulf is operating at 1/2 capacity
So many said it couldn't happen
Are you implying that after destroying the equity and crushing the income of KMP holders for the benefit of KMI holders there will be no gain in the performance of the company?
What then justifies the current share price?
Yep oil $3.5 off its daily high (-7.5%)... was $4.00 down (-8%).... and yet they thumbs down a post that was factual... that could have been used to make some real money
pay attention to how I told you to play ugaz yesterday
Be wary of the "bottom" in oil... FEB contracts expire today and there is a huge profit in them so the last 2 days has had some massive short covering.... you really didn't expect them to take delivery at any price now did you?
As the Feb contract soared so did all the other months moving out... now the shorts will just jump on them driving them down to new lows over the next 2 weeks...
US oil storage reports were very bearish at the same time the price soared... no other explanation than shorts covering and rolling their dollars out
Lets have some ignorant thumbs down
That was a great post by me months ago.... and stand by it.... thanks.... it was comparing the business plan.... not the stock price...
Believe me... someone is propping KMI up.... the energy sector is in the toilet and KMI remains within 5% of its all time highs... priced for perfection in the current environment...
Better hope someone doesn't sneeze cause you could lose 10% in a flash drop that doesn't bounce
I still like both ETP and EPD better than KMI
someone once said buy low sell high... KMI remains at highs.... ever see any stock trade at all time highs forever?
take a look a Google.... and Apples drops are now legendary....
Other darlings getting taken to the woodshed are Tesla and Go Pro
You're just self interested.... as you complained about my negative comments when you were long
Reality is this could go to about $35... all thing being equal... less if the markets actually tank this time
Nat Gas is setting up UGAZ longs for a sharp drop next week after the storage rpt this week has them all fired up...
Buy DGAZ next Monday
yet you continue to rely on them for your DD...
and argue with those who have better info
I'm telling you this could see a nasty drop... EPD is 25% off its highs... is considered best of breed and the only company KMI could remotely be compared to...
and it still enjoys a significantly lower cost of capital than KMI AFTER a 25% decrease in its equity
How many signs do you need?
I wish we could bet.....
KMI hasn't even put out a PR as to when they will announce..... and if they announced without doing so it would be a first
You should begin to worry about your broker with false info like that
BTW.... Fidelity says that the announcement is "confirmed" for 1/21
every reputable source says KMI rpts 1/21/15
and the consensus # is $.35.... but there are questions if the consensus # is for the consolidated company as it hasn't been moving since the merger and is in line with pre merger #s
it would also equate to a massive P/E.... and be considerably less than the dividend
The EPS will end up resulting in some confusion... and I'm not sure the confusion will play out all that well with those outsized metrics
This is not an MLP
so then could we agree that with 5 new pipelines being built into the Bakken that KMIs rail service out of the Bakken is going to take a huge hit especially if production drops.
Then the rail terminals suffer too
There are a lot of negatives peculating to the surface... NGLs have taken a beating and pipelines buy the NGLs and then sell them to the end users so that's a commodity risk
and of course the CO2 and accompanying oil production are going to have a horrible Q4 and year for that matter in 2015
I see this going down 10+% after EPS and the distribution
Im just goin at the putz' that said I would lose with shorts at $40.60 (2500)& $42.75(2500)....
we could see this mkt go below 1900 S&P
But my spelled out trade is in the black.... explain how you have profited trading against that....... so isn't it stupidity to think otherwise.... maybe denial is a better term....
While the sages continue to give thumbs down and argue the reality.... Every time I go against the box at highs I book better than a year of dividends... With very little risk
So great sage..... You are unaware of a liquidating dividend.... And it's ramifications.... I suggest you google it
I guess the question is too complicated so a thumbs down is given... priceless
Tell me.... what kind of before tax income will KMI need in order for its $2 divi not to be considered a liquidating dividend
isn't this a real metric that C-Corps are subject to under the LAW...
Does Kinder believe that KMI is above the LAW?