We could get to $25 this year if the LP raise are going well and they get the distribution to go to $2.60 or .65 quarterly...end of year quarter.
In 2015, ARP could be a $25+ stock with an 11% distribution yield...yes,
that's $2.75 a share....All it needs to do bolt-on wisely, and execute reasonably
ARP is a "show me" stock.
We have a very competent senior management team with
unusual opportunities (such as the public LP program)
for an upstream MLP. However,
we also have a somewhat reckless CEO, completely driven by
ego which has hurt credibility. Last year's purchase of those methane
beds with a 9-1/4% loan rate shows its stupidity.
Imagine had we purchased more assets in the Barnett, or beat
BBEP's purchase of those oily assets with growth attached?
I believe that there is a good chance of doing very well with a mid- 20's stock price and an
11% yield to complement. I hope we make some smart, smaller
aquistions going forward and simply execute.
Ed Cohen should retire or be fired. We could apply those millions in compensation
I think the year end tax selling ended yesterday for this stock.
Looking forward to a great year back to mid 20's and small, but
significant acquisitions going forward.