Totally agree, its 11% of my portfolio. Also with Disney increasing ticket prices, FUN can tag along.
Exhaustive studies have been made on insider buys versus future stock price. I believe the conclusion is that the action of buying rather than the quantity is significant. Anyway, that's how i'm interpreting it. imo.
I agree, Most of Their hedges come off in 2015. for 2016, their hedges are only about 25%.. Conversely, if prices recover by the end of 2015., their hedging strategy will be beneficial
Wow, did anyone notice the latest financial stats from Yahoo? ROE is 80%, ROE is 40%, Cash per share is $5, Almost no debt relative to EBITDA. I'm buying more.
Might be a crowded field out there. They haven't saturated the market where they are in. Better off not overexpanding IMO. I've been wrong before.
The fact that its a limited partnership doesn't mean they can't stop the dist..However i doubt it will happen. Don't forget they have "take or pay" contracts
Working for me. 10% yield, lower prices let me pick up at bargain prices. Product in short supply, high demand due to more sand = greater flow per wells. Let me know what stock is a better value. How long will the oil imbalance last, one/two years??. Meanwhile I;m collecting a secure 10% and when the imbalance ends, even more sand will be required to restart the shutins (last comment per CC). People always want to buy at the top, never the bottome. Doesn't get any better than this. I've been gobbling up shares at these depressed levels. Will it go lower, probably but, it'll recover to new highs.
I'd be careful here, it has negative Return on Equity, and a high Debt to EBITDA ration of 6 1/2. Both danger signals. I don't buy mlps with ROE of less than 20% and D/EBITDA freater than 4.
What sustained $1.99. IMHO, they are cutting production 48% so in simple terms, they should cut the div say 48% or thereabouts. Still leaves a a 13% yielder at yesterday closing price. Price might even move up as a relief rally. Cogent comments welcomed.-)))
After looking at the reports, its obvious to me that they should spinoff the fuel segment to the shareholders. Probably won't happen. There are numerous advantages to a spinoff. Allows mangement to focus on the sand segment, the sterling results of the sand segment will be obvious to the market, etc.