I do not understand either, i think the rev miss is due primarily to the lower oil prices. this looks like a buy unless someone can enlighten me as to why not.
i posted a long explain to your question but for some reason it got deleted not sure why , just read about MLPs on the web and you can invest with MLPs in IRAs just know the rules.
more sellers than buyers ?*!, seriously it looks a bit more subject to ups and downs based on its brief chart. If you follow the "stock gumshoe" he bought some shares this week in his personal account and has some comments on the stock. his website is http://www.stockgumshoe.com/. it is currently paying 6.6% yearly on a monthly basis, obviously has a brief history so far. looks like a good defensive sector healthcare. i am retired and looking mainly for income and am considering buying.
i think a prudent techiical approach is to look at LT history, the chart for oil shows a bounce or 2 in the past. will i hit the exact bottom no but will get reasonably close would just rather buy on the way up vs the way down, ideally like to see it rally and then go down and touch the bottom again or perhaps twice, show a pattern that is a technical indication that we are within a few % of the bottom. also look at inventories that will peak for a while yet and then begin to flatten out, if oil starts to move up prior then we may be off the bottom a bit but still have a higher probability of the trend being on the upside.
the narrative goes like this. they are hedged for what 1-3 years so can pay the div(assuming the hedge contracts do not go broke and renig) so you can weather the storm because oil has to go up LT because cost of production for a portion of new wells is above current market and old ones particular fracking ones depleat faster so need new continually so it is only a matter of time, how long is the question. But why buy until the chart for crude bottoms and thrashes a bit and then starts up.
i have a small position in this at about $25 in one of the grandchildrens accounts. based on what the poster says about the demand for compressors something does not make sense, either this is being beat down just because of the low oil prices so is basically emotion or we are flat missing something fundamental. poster does not really work there or is clueless ?,latest order demand is dropping dramatically ? just flat bad management ? cooking the books ? whatever.
i am long here but only recently so am south of purchased price, i think that the location of the company is always going to have a negative effect on the price relative to a US located company.
recommend that you read and understand the structure of an MLP, that will answer your question. If this is snarky I apologize but you should not be investing in this type of security without understanding what you are getting into. In most cases the statement that as long as earnings are positive the distribution, not dividend is safe is true. Many MLPs pay generous dist and have year to year losses. these are more complex investments and there are some ramifications like K-1 forms at tax time and some restrictions when they are purchased in IRAs.