So we are going to double the $89 billion in market cap on a stock that already has a PE that has most of the foreseeable earnings growth baked in. If all goes well maybe in 5+ years. All these stocks will be under assault in the coming election.
In the long run you are right; however, in the short run there is a lot going on such as Fed rate hike which has spoked everyone and the December effect with tax loss sales. The whole market is being repriced and very few stocks escape without a hit. High PE stocks are especially vulnerable.
Most of the investors are institutions at 78% according to Morningstar. They could care less about a split. Most people own stocks today through mutual funds, 401K funds and ETF's. Very few stock splits recently or in the future.
Let me get this straight. Walker is responsible for people in US, Canada and even worldwide buying less motor cycles thereby causing Wisconsin to lose jobs. Interesting hypothesis to say the least.
VVC now free of energy marketing and coal mining which were killing this stock and dividend increases. Always the possibility of being taken over.
Unlikely. PEG was looking to takeover another company and that would not happen with NEE since it is much larger and PEG can hide behind their utility commision in a hostile for PEG. NEE already involved with Haaii which is taking all of their efforts since it is not a slam dunk.
Too much political BS swirling around the biotech sector. Valuation parameters are quite reasonable for CELG but the politicians always find a way to ruin a good thing.
Just because the Fed raised rates at the short end does not mean that the long end will necessarily go up. At least for now the 10Y bond stalled out at a yield of 2.3% and has backed off to 2.234% today. Average utility yields 3.6% in comparison. Furthermore, most utilities will be raising their dividends for years to come. There is a lot of CAPX going on and utilities make more when their investments rise. Too much work has been deferred over the years and things like gas main replacement and electric distribution wire must be replaced with matching rate increases from the state commissions. There has been a lot of talk about utilities not liking rising fed rates but historically the reverse is true.
NEE happens to be a first class utility liked by investors so while all utes have been rising recently, NEE has been going up faster. One last thing, higher rates mean stronger dollar hurting international companies due to currency conversion. A company like NEE gets 100% of earnings in the US so there is no angst about currency risk.
Thanks for the info. Lots of the pipe projects are now pull where utilities need the gas fro electricity production. THis will be a long process over many years since a lot of the shale gas is not where the pipe is today. Where there is pipe it passed the fields and is not enough to handle new production.
I do not follow the logic since it is the light sweet crude from shale that will be exported. PSX cannot handle anymore of that. PSX also owns pipelines and terminals which would benefit. WTI is only a benchmark as every oil field has its own characteristics and a lot of the oil that PSX buys is way below WTI benchmark. Furthermore, refining will make up a lesser portion of PSX revenue and earnings as they invest in midstream and chemicals.
Agree. One of my core holdings. They industry is also recovering from the great recession plus they are making recycling profitable again by altering all the contracts. Even though diesel prices are way down fleet conversion to Natural gas powered vehicles will be a huge plus down the road. The daily over supply in oil is really not that large and lack of investment and slow growth worldwide will reverse supply in demand eventually.
So do you think that this is a reason that the stock price has rallied some? This is not the only industrial hit by both problems in the oil patch and currency issues. If the easing in Europe starts to bear fruit for European companies it should stimulate demand for EMR products. Exporting US oil may also help.
As of Nov 11th only about 100 stores were unspoken for. Not a lot considering all the food stores in their footprint. See info from 11/11/15 article below:
Thus far, A&P has received court approval for the sale of 167 of its 297 stores for a total of $615.7 million, and it has pending offers totaling $81 million for 20 more stores. The company said it expects to raise an additional $61 million by selling store inventories. A&P also received $42 million for selling its pharmacy records from 109 of its stores.
Most of the 187 stores that have been sold, or have offers awaiting court approval, were bought by supermarket companies that will continue to operate them as grocery stores. But the future of about 100 more stores remains unknown.
Too many head winds. Warm weather will cause inventory issues. Currency issues. Overall market has lost leadership. So high PE stocks get taken to the woodshed. Have faith, some day and probably soon the few data engineers will allow UA to monetize the whole fitness operation on their social media sites. A few people will drive billions in revenue with very little expense. Today it is still a drag but hang on to your hat. When it takes off growth will go through the roof. UA is now more than being all about the shirt.
I saw those short numbers. So in after hours according to NASDAQ only 641.407 shares have been traded. There must be at least 9 million shares short still out there. What happens in the AM. The pain has to be excruciating. Let them suffer.
Q: Why do you charge a fuel surcharge component?
A: This charge helps us keep up with the changing costs of diesel fuel on a company-wide basis and provides the stability we need to continue to maintain the high level of service our customers expect. Fuel charges are common in the transportation industry and are charged by other waste haulers, trucking companies and airline carriers.
Q: If the price of fuel goes down, will my fuel surcharge component go down too?
A: Yes, if the EIA/DOE's national average diesel price falls, your fuel surcharge component will come down as well. Tying the charge to this publicly reported price allows us to be responsive to fuel cost changes.
Q: How can I access the Department of Energy Weekly Retail On-Highway Diesel Prices Index?
A: Here is the link to the EIA/DOE. This site is updated every Monday evening.
Q: Why is there a fuel surcharge when the cost of fuel is less than what it was when my contract began or was renewed?
A: Our fuel surcharge uses a $.95/gallon baseline diesel rate, regardless of when a customer’s contract begins or renews. We believe employing a fuel surcharge that uses a common baseline rate for the company’s customers is the best approach, as it results in a uniform fuel surcharge that can be calculated by our customers by referring to the fuel surcharge tables.
The National Bureau of Labor Statistics shows that unemployment rate is down to its lowest level in Wisconsin in November 2015 stats. Going back to 2005 there is no month with a lower rate. In fact the number unemployed is down 30,281 for 11 months. The number actually employed is about the same but has been rising in resent months. Participation rate is down but nationally it is down significantly. Possible large number of baby boomers retiring. Of course the national reduction in labor force is probably associated with the O'Bama effect were jobs are being lost nationally do to poor economic policies and massive new regulations which tends to kill off new business growth.
If you check Broadridge Transfer agents you will find that they are the Transfer agent for Dominion. They do a host of communications and services for corporations. I do not reinvest dividends but did check out Dominions shareholder site and apparently all interaction between shareholder and Dominion is through Dominion. Broadridge is transparent to the investor.