That Pickens is correct or not is not the point. I seldom watch CNBC due to the obnoxious behavior of the CNBC staff and many of their guests. I'm amazed the Pickens agrees to appear on CNBC.
The Bushes: Haven't enough people suffered and died? Haven't enough soldiers and civilians suffered death and disfigurement? Enough.
I emailed investor relations this a.m. and asked if the distribution is safe. I'm sure they'll get right on it.
Is this the same Dennis Gartman who several years ago advised that the IRS was going to crack down on the MLP tax structure?
I'm invested in sdrl for the income. I take them at their word that the dividend is safe through 2016. I also trust the industry consensus that business will pick up in 2016. Time will tell.
Deutsche Bank was a bit kinder to SDRL. Reiterated a hold rating with a price target of 36. As a retired person, I'm in it for the dividend. I'll sleep tonight.
I encourage my friends and neighbors not to take Seeking Alpha articles seriously. They will publish anyone and seek controversy. Barrons is a good example of this. Controversy sells publications.
NE's earnings release statement concerning off shore drilling contradicts the Credit Suisse thesis that off shore drilling is in a multi-year downtrend.
Credit Suisse, J Wicklund, 3/14: "If you think the worst is over, consider SDRL making the smart move of dropping another drilling rig into its SDLP vehicle.... Financial opportunities and engineering have provided a lifeline for companies that have aggressively ordered rigs with money they do not have."
Does this "financial engineering" enhance SDRL's ability to maintain its dividend?
Credit Suisse Energy Conference 12 Feb 2014, SDRL: Positive Tone with some Challenges.
Dividend Update: "Company remains committed to its dividend and backlog will continue to be a driver of the board's decision on the dividend. Board meeting is next week."
I guess we will know next week.
Ever read Huxley? In the 60's it was "drugs, sex and rock & roll". People who extolled this thought believed themselves to be "anti establishment and liberated". In actuality, the "establishment" may need a Soma to keep the masses placated and under control by creating beta intellects.
What was his objective for owning LINE? I think he was interested in capital appreciation. My purpose is income as I'm retired and the distributions supplement my SS. I held on during the slide and continued to collect no matter what the price. Also, I avoided paying taxes on the past distributions as I've held LINE since 2008 at an average cost of $17.76. We all have different reasons for holding or not holding a particular security.
They "writers" of the articles posted by MF and SA are probably paid by the word. Most likely they supplement their income by writing pornography.