I agree, $120+ ... It will also require a stable trend up. A split will not happen if revenues and profits aren't secure for some time - I guess not in the next 6 months.
... wonder how you did that? - please share your secret - definitely not in US$.
Maybe you are posting on the wrong message board
I own both BBEP and LINE ... these two may be well hedged all right, but their latest acquisitions in oil properties makes them vulnerable to big downside price fluctuation in oil, aside from the fact that these properties had to be financed, which puts a big dent in their balance sheet unless they start producing right from the get-go.
There are smaller MLPs, you mentioned PWE that are taking the heat big time as well as LRR. I still think VNR is a good place to be - well manged and not trying too aggressively grow like LINE/LINCO.
Merry Christmas and Happy New Year
... why not 3 min past 11am ... proprietary my #$%$br />
Honestly you are posting on the wrong message board!!!
Sentiment: Strong Buy
... too early for 20. Oil has not bottomed out, yet.
What saves VNR at this point when looking at LINE and BBEP is natural gas. Both LINE and BBEP recently made big purchases in oil which gets them hammered big time.
Dennis, you are right on the mark with your assessment.
I will take it a step further: If there is another disappointment or delay regarding the approval process, Serepta will be done. JMHO
... they get killed "by association" (with oil)
They will be fine in a couple of month. We are approaching year end and many investors take write-offs. - "Another day another ray" as we go into 2015.
THX for the info.
This would explain why UTX dropped like a rock after hours ...
Silently hoped the PPS would hit $115 by year end.
... your eyes are turning brown!!!
Granted, ABX is not a very stellar run company, and has neglected shareholders interests, but they are slowly but surely improving ...
This is a SCAM - don't even touch it - Pump and Dump
My sentiment - long-tern and short-term: Don't even think about pressing the buy button
I think your are using good arguments here, but keep in mind, even the Saudis can not sustain these prices at this point, meaning they are currently selling at below cost. We may not have seen the bottom yet, but I predict this price war will not last past spring of 2015. I am right, it's a good time to start accumulating - buy cheap, sell expensive.
I agree with ironworks .... and I don't think they are waiting to pay a dividend until the PPS drops into the $6 range. With the QRE takeover, BBEP is stretched to the limit, and oil has not bottomed yet and so hasn't the PPS. I guarantee their financing for QRE is based on much higher oil price than only $65. - That's when the lenders get nervous
Why should anybody say that ... It was oversold in early October, right now it's not, even though the RSI is in the low 40s, and btw most analysts rate this stock as buy already.
By spring time oil prices will pick up again and PSX will go over $80.