I wish the dividend would increase more quickly. Holders of HBAN from before the 2009 lows are still underwater. Would love to see a share price of $20 with a 2.5% yield, maybe in 3 years.
So comical that the naysayers have left while WTI moves up near $60/bbl. I'm sure they will come back with another Seeking Alpha article to bash BPT and save us from our financial demise. But that will be later, once WTI nears a "peak" and profit taking time commences. I don't think they are impartial nor benevolent, paid to post while others position trades. Plain manipulation. Diversification and patience are the keys to investing success.
Look at a ten year chart of BPT. That is the history and the future. Continued volatility in oil prices, long term trend for oil will be higher.
No question there is price volatility in oil prices. But even crazy Arabs would realize that closing the Strait of Hormuz wouldn't make any sense. Iran and the saudis both ship the bulk of their oil exports through the Strait. There would be higher oil prices but the potential instigators would not benefit. Plus the US Navy has assets in and around the Gulf area, so any attempted blockade could be dispatched in less than 48 hours.
Just gradual increase in world wide demand will benefit holders of oil assets.
I'm not sure if smokers lead wealthier and happier lives than nonsmokers. But I know investors in tobacco stocks lead wealthier lives especially if they reinvest the dividends. Long the cigs since 1987.
Are you aware of the move in WTI in the past few weeks?? Further distribution drop? You are uninformed. The trend is up....the trade is to be bullish in oil. Unless your crystal ball sees a retest of the low 40s in oil. Could happen....unlikely. You think US demand for oil will soften this Spring?? Have you noticed the rig count is still decreasing?
Awesome deal for KRFT shareholders. get a special dividend and then ownership in a food conglomerate that is going to get its inefficiencies squeezed. (And take the best of KRFT foods and international them with Heinz's distribution system) We all thought MDLZ was the growth stock and not Krft. And in the future, MDLZ may be in play. Awesome.
The low for the year is in. Look at the charts. And the volume for the qtr was very good. hence the response today in trading.
But I wouldn't touch this stock or NAT with a 10ft pole. Not a big fan of Herb's, especially after I read an exec compensation plan that wasn't based on performance, just longevity. Good luck because you will need every bit of it.
This has been a pretty good kick in the gut. That is the history of price action with BPT. That Keystone pipeline unfortunately became a political football. It still might be approved if the President can get whatever concessions he wants from the republicans. I am sure the Canadians are pretty upset with this administration.
Its a big % increase on the div but its from such a small base. The buy back represents roughly 4.2% of the outstanding shares, its nice but not a game changer.
Lots of upside call buying today in the options market. Seems like some big money is on the other side of your short trade. Mar 62.5 and the June 67.5 You may want to rethink your thesis.
They are sure selling this position, getting closer to a bounce. Expect smaller distributions as WTI bottoms then rebounds over who knows what time frame. Some guy mentioned oil will stay in the $50-65 bbl range for the next 2-3 years. That seems too long compared to history. All the shorts will eventually have to buy back the shares. Tough being long.
He sold the 60 puts for $7. He sold to open the position, obligated to buy BPT at 60 if at expiration BPT trades below $60. And with the $7 premium, his cost basis would be $53 not including comm costs. Is it a good trade, time will tell.
Your lack of knowledge of basic options is telling.
WTI is basing at these levels. That is why these manipulators want to #$%$ investors and hence the timing of the articles. It appears orchestrated. They want cheap shares. Happened before and will happen again.
Look at today's trading. After the first 55 min the shares were up slightly or even. Big sell orders early, that is retail getting out. All that early trading is easily manipulated by the MMs. Hence the bounce back up after the lows. Don't use limit orders, the MMs will shear you.