Me thinks somewhere, probably in the mid-east, some people are making a hell of a lot of money jawboning the oil price up and then allowing gravity to drop the price down by betting large amounts of money on options and etc. on every move.
Credit Suisse this am: TP cut to 51 from 68. Maintain Outperform. No cut in distribution. Coverage ratio 1.o through 2017. However, no incentive to increase distribution 'til Q1 2017. Hang in there.
Check with your accountant. As etp and ete are similar, you may not be able to write down etp as a tax loss as your proposed transaction may be considered a "wash" by the irs.
Nope. Would you shed some light? Would arcc have LP status w/ k-1 and etc.? If so, would it be prudent to purchase arcc for an ira account. I've been considering arcc for my ira.
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.