Dividend channel doesn't know anything about SDT. What's negative about saying that? Unless you have some personal connection to dividend channel.
"Liza: Would you buy SDR at this level?"
Well, I did, however not sure whether I should have.
In other words, I would nibble but not bet the farm.
Should be a profitable investment at the price but I don't have huge confidence that expectations will not be lowered again.
Sorry for not having a stronger opinion.
"Canadian oil would have to go up over 40 dollars a barrel and you believe that will happen?"
Don't know what you are talking about - I never said anything about Canadian oil going higher than Brent. I simply corrected your misleading comparison of comparing Canadian heavy oil versus US light, sweet. When you compare light sweet index prices from both countries the difference is about $14, not $40.
The US also produces heavy oil and that too is priced much lower than WTI.
Anyway don't know why we are talking about Canadian oil. The reason for WTI popping a bit today was the announcement that Southern-Keystone will be in service in early January. That will help drain Cushing which should lead to narrowing the spread of Brent-WTI like we saw earlier this year. It is very possible for WTI to be at a premium to Brent (it has been for most of history), especially if the US is forced to change the law prohibiting export of oil.
VNR did, LINE and BBEP not.
I complained to LINE IR about it and got nowhere.
I don't like the way the transition deprives us of one monthly payment over the lifetime of our investment (by pushing the record dates back by a month).
you incorrectly posted that Hydrogen does not exist freely 9whatever that means) in the universe back in Feb, 2013..."
I stated on earth, not in the universe. Or are you suggesting some company will start hydrogen mining in the sun?
The key word was SOURCE, not fuel.
What does your dictionary say about the word SOURCE?
same argument would go for longs. So by your logic we should not believe any analyst who owns any stocks, long or short. We should only believe people who are not game enough to put any money behind their convictions. How stupid is that? Only believe writers who don't believe what they write enough to have any financial interest in it.
instead of which there will be mile-long trains carrying crude which derail and wipe entire towns off the map.
Actually $40m worth of contracts expire in 2014 and will have to be renewed at lower rates. That is part of the reason for BWP current weakness and will weigh on distributable cash flow.
see my post in the other thread. You are comparing heavy oil (WCS) with light sweet (WTI). Not apples to apples. Canadian light sweet is currently about $14 below WTI (which is still a big discount to world prices and many Canadian producers are struggling). You can find Canadian oil price quotes on the ebsite dailyoilbulletin.
Canada oil is at a big discount (again pipeline constraints), however you are comparing heavy oil versus light sweet (WCS is heavy oil) so you are not comparing apples to apples when you quote that $40. Currently WCS (heavy) is about $30 below WTI, Canadian light sweet is about $14 below WTI (that is the apples to apples comparison), while syncrude (synthetic crude from oil sands processing) about $10 below.
You can find Cdn oil price indexes on the site dailyoilbulletin
Net Energy Sweet Closing Price* -$14.25 USD/BBL $79.57
Net Energy Syncrude Closing Price* -$10.10 USD/BBL $83.72
Net Energy WCS Closing Price* -$31.25 USD/BBL $62.57
Net Energy/NYMEX WCC Closing Price** -$28.75 USD/BBL $65.42
The profit will track the cash flow over a longer period (has to).
But you said " Of course you also count the initial proceeds as profit" . That is a false statement and is what I responded to.
"Why do they call them units instead of shares?"
Because they are not shares. If you buy units you become a partner in the business, not a shareholder.
That has significant tax implications which you should be aware of before you decide whether to invest.
It's not inside information. The news is out there is you look.
TransCanada’s 700,000 bbl/d Cushing-to-Port Arthur, Texas pipeline begins service on January 3--should narrow Brent premium to WTI.
"Boardwalk Energy Partners LP (NYSE: BWP), for example, this year faces about $40 million worth of contract expirations on its long-distance pipelines; weak demand for this capacity has weighed heavily on the master limited partnership's (MLP) distributable cash flow."