I fully agree with you on Clinton, but I disagree on the $10 coming soon - I see BBEP trading in a narrow range for the next 2 years...
At least this long ... and then it's still way off the $20 mark.
Just HOLD and pray.
It will take a long time for upstream MLPs to recover from current lows. VNR at current valuation is definitely not overpriced, but it may go sideways from here for quite some time - good entry point if you plan on keeping it for an extended time.
Why not adding a midsteam MLP such as EDP for the purpose of diversification. It may not pay as high a dividend as an upstream MLPs, but midstreams are tied less to oil and gas prices.
Just a thought ... BTW, I went this route ... since I am already long in VNR, LINE and BBEP
Ex dividend date on Yahoo and CEMIG's web site are slightly off.
Regardless, they list the ex divi. date: 12/29/14 and the Pay dates: 50 % 6/30/15 and the remaining 50% for 12/30/15.
Hope this answers your question.
You are funny ... but to answer your question, I don't think we are going to see 100 in years, even if SRPT got FDA approval.
They tend to have some sort of odd splits whenever the PPS goes too high.
... I agree with the argument that CIG is going higher in the long term. Keep in mind the socialist Brazilian government froze energy rates a few years ago, which hurt CIG badly. As soon as this government allows for a free market economy, CIG will go through the roof. Unfortunately, I dare not to predict when this is going to happen.
Well, analysts don't paint a pretty picture ... they have CIG at at $3.28 within a year.
I hold on to my 1200 shares and hope they keep paying a dividend.
I fully agree with this article. What I don't understand: Why is PSX still teetering around $74 (as of mid March) and trading in wide swings from one day to another? ... It should be $80+ by now. Can anybody explain that? What is holding it back from moving higher?
Even at $80+ I would give it a BUY, at current levels a STRONG BUY!
Sentiment: Strong Buy
It could go to $35 if it breaks thru $45. With inventories as high as they are, I'd be ecstatic if it reached $70 by mid-year. I don't think we are going to see $100 oil soon (at least not in the next 12 - 15 months), unless some geo-political adversity took place.
... why not at 2:30 or 3:00, or even now; sounds like you have your mind already set - no need to pussyfoot around.
One things are wrong right now:
Market is undergoing a major correction due to a strengthening US$. This hits UTX hard in the short-term. Plan on loading up pretty soon. I would if I had some cash left - spent it all and the rest I wasted ...