I give up. Cant teach a village idiot.
Most oil majors are predicting Brent will trade in the $40 to $50 range for the near future. This implies WTI at $35 to $40. Thus more pain to come.
I believe they will have a blow out Q when earnings are reported 5/8/15. Big factor on top of rising crack spreads are the excellent diesel hedges in place.
You obviously don't get the message. Look at their CASH FLOW to see how div is covered. ie depreciation is a non cash item. Spoke to PR. stated that CPLP has a head office in Greece of 4 people. Can move head office at anytime if new taxes imposed.No ships registered under the Greek flag.
Look at the cash flow coverage of the div. GAAP earnings not relevant in a MLP.
Try WTI at $45 to $50 for the rest of the year. That's what Total and BP are predicting and is not just a useless opinion.
Wonderful rabble rousing post. Reality is US imports 9m bbs of oil a day. Mainly Canadian crude and heavier oils from Mexico and Venuzuela.
Cramer is banned from trading on behalf of others. Can only buy and sell through a broker for his own account.
Which God . There are so many. How can a country that oppresses people be good. Just as evil as apartheid South Africa.
maybe, if congress pass the Iran deal. If not, the US will be alone in having sanctions in place, as Europe will approve the lifting of sanctions in accordance with the treaty.