Keystone would make it easier to bring Canadian oil to shipping ports in south US- little benefit for US.
A "gut feeling"- so you don't like the ENORMOUS debt vs revenue? You don't like the declining revenue and earnings? You don't like the forecast that cash flow won't be able to maintain the div? Good luck with your GUT FEELING, that's a tough way to invest !!
What about win do you LIKE, please explain? Most investors can't fine ANYTHING to like about this company, its a total disaster.
My GUESS- most energy co's trade in tandem with oil. Believe oil will retest the $38 low soon with Iran adding to the flow; THAT retest should be the low for kmi and most energy companies. Don't want to guess on kmi's bottom price BUT a bit further down???
updown, have you EVER posted anything intelligent? BP has approx. 30B in cash and pays approx. 6B per year in divs. EVERYDAY more and more revenue flows in. Owing the gov 1B per year isn't a big deal when you have 250B in revenue (yes revenue is down from the 350B when oil was higher).
If you personally made 250K and owed 20+K, would you have financial problems?? Educate yourself and please stop your stupid posts, they only show your ignorance.
monroi, I have owned approx.10 different mlps for many years. I drop off the K1s to Schwab when I get them all, and they do the calcs for free (some bottom lines are neg, some are positive; its accountant complicated) TOTALS have NEVER reached over 1K owing tax.
Don't believe high end is cutting back, believe brick and mortar is suffering from big increase in ONLINE
You obviously aren't very savy or knowledgeable about buying and selling ntap. Just look at the 2-3 mth chart and you will see that 33.82 is near its high. Should fluctuate down in coming weeks- THEY ALL FLUCTUATE, don't chase a higher high, do some homework.
Does ANY OTHER oil, ngas, mlp, (midstream, downstream, upstream)energy related, etc, have a marketcap almost 4X its revenue? A few are
2X but most are equal to or less than. Yes quality (kmi) costs more, BUT not that much more. You don't want to debate, all you want is to be correct, and everyone else wrong- There is no being correct on a company down 40+%
"infantile" isn't all due respect What don't I understand, "down 40+%" Are you succeeding with your knowledge on KMI ??
I'm totally aware of ALL on kmi; AND I DID STATE HOW EXPENSIVE IT IS (also did when the total consolidation took place months back) (you don't have to listen- free world)- Why its declined from 40s and has not reached the bottom yet. Yes it "probably" has a decent future BUT its far off.
Has anyone ever bothered to look at the financials, or does everyone just listen to stupid analysts opinions?
KMI is enormously expensive compared to peers; huge marketcap vs revenue etc, etc. Do your homework!!!
Oil might retest the $38 low again when Iran comes online BUT 29 is ridiculous. Big banks will do fine, especially when rates "probably" start rising in Dec.
65? learn from your experience- don't ever buy a stock when its near its 52 week high (how much higher could it go compared to down) they ALL eventually ; PATIENCE is a virtue
So she Buys 5K and Sells- Sept/Oct $170+K. the ONLY reason Yahoo is up- BABA had good earnings (a surprise) That being said- I would have bought if Yahoo declined from BABA "bad earnings" because the spinoff will eventually reflect a value for Yahoo alone; I don't trust ANY Chinese stocks.
Have no clue what you are asking/saying- MM sells her options each and every month for 6+ figures.