Only 13% of the hydrocarbons in the Bakken are made up of natural gas and most of that is natural gas liquids. Very little is actually methane. Now if there is a lot of propane in the NGL's that KOG produces then that would help because there is a shortage due to the cold weather.
The problem is that we are at the mercy of the market and those clowns that trade ETF's. Those ETF's are murder on the good stocks that are in them. If you really like this stock hang on or buy more. This market turbulence will pass.
It is obvious that the shareholders think that MDU is doing pretty good because the stock is at a 5 year high and even this last market shakeout has not been able to upset it. Actually if you factor out the $15 natural gas built into MDU back when oil was $147, it is really at an all time high. That July 2008 high had nothing to do with its on going businesses.
I own some WEC and they are proposing to build west to the frack sand mining area. There are also a number of communities along what would be the right of way that wants them to provide natural gas.
Would you have bought back, are you a trader. IT is tough to be both an investor and a trader. I for one am an investor and better spend my time finding great investments.
The margins in most of their products are increasing. Overtime as revenues increase, especially in developed countries, net income will make a huge jump. When you know how to run the business good things will eventually happen. Think aging population, Abbot and $$$$.
Part of the problem with the old company is that it was not run very well. Companies do not generally sell off Billions upon billions of dollars of mineral rights. They had more property than they could have ever developed and some of it was sub par. Cop is still trying to get the portfolio right. This was not the fault of just COP but many of the other big integrated companies.
Wall street let these guys get away with a lot for a long time. The PSX part was hidden in the gigantic E&P part. PSX has some really great properties. I started buying into this company when the spin off rumor started and they got serious about dumping the excess baggage. After the split I kept the E&P and bought more of PSX.
Nothing is ever certain; however, utilities and pipelines expand their revenues through growth CAPEX. I bought most of my shares back in 2009 - 2010 when I saw that their CAPEX program going forward was in the $25 billion range. As they have cut over new pipes, they continue to find new growth opportunities and the backlog is still in that $25 billion range. With the MLP and DCP partnership they have multiple ways of funding. All of my close friends as well as children and grandchildren own this stock.
There are a lot of factors, some of which we do not know due to the restructuring. It does look like they are seriously returning money to the shareholders. Although the earnings have not risen drastically the last few years, cash flow has and this company as very little debt compared to other E&P's. As another poster mentioned, $3 per year sounds pretty good.
Based on the last few years, earliest could be Feb 14th, which is a Friday. If not, then the week starting Tuesday Feb 18th. Monday is a holiday. Last year the date was Feb 14th and was declared on Feb 6th.
Anybody listen to what Peterson had to say. Very positive for the long pull. Did not know they sold some non-core property. They are still looking for small blocks as bolt ons to existing blocks. Well costs down to $9 million and heading to $8.5 million. Technology allowing higher % of oil in the ground to be recovered.
Very positive for long term investors. Not worth the aggravation of trading since I am all in at $2.25 per share, with 5000 at 20 cents.
It is a utility / pipeline company and is not going to beat the market. It is for growth and income. Since the depths of 2009 it has more than doubled and increased the dividend almost every year.
In stead of looking at an isolated incident, you should be looking at the US Govt. employment data for Wisconsin. Libs usually like to take data and present it as you have in a vacuum.
Wisconsin NFP was up 1.5% in the last 12 months. The good jobs were even better. Mining & Logging +3.7%, Construction +4.3%, Manufacturing +2.5%, Information Svsc. +3.3% and Professional & Business Svcs. + 4.1%. The bloated Government sector at -0.8% and Education and Health at +0.2% are the reasons why overall is only +1.5%. Finally the overall unemployment rate id=s down to 6.3%. In light of the facts, the governor has actually done quite a good job.
Unfortunately you are using the past to predict the future. Stock prices are based on future returns and often have little to do with even the most recent past. What if I told you that from 1900 to 1999 there were 3 great bull markets, although the 1923 - 1930 one did not last as long as the other two. All were started by lower commodity prices due to over supply caused by huge investments during the prior cycle. Because of higher commodity prices that started in the late 1990's, which ultimately killed the last great bull, tons of money has been pouring into energy, mining and agriculture. These investments have caused a big decline in the commodity index and thus laying the ground work for the next boom. If you overlay stocks prices vs commodity prices 1900 - 1999 these periods are evident. Famous investor Jimmy Rodgers in his 2005 book on commodities talked about this phenomena.
I would say that MMM is sitting in the sweet spot and most of the estimates are too low especially as we go out over the next 5 years. There are always temporary pull backs associated with these great market moves; however, generally folks get out thinking they are saving their capital but never get back in for the big move. Example: In 1982 I held CL worth about 58 cents. By 2000 it was worth over $32. There were many stocks that had lower but very high returns.
Apparently FCX said they would build smelters in Indonesia and start processing the ore in country. The lifting of the ban is temporary. Obviously FCX will work with the government and do what is necessary to protect their franchise.
What is the third branch?? Another manufacturing venture that is different form funeral business or the existing process control. Or could they buy more of the new businesses that they recently purchased. They have said that they are looking again, especially after paying down a lot of the debt incurred in the last addition.
USAA started out as an insurance company for officers only, because they had difficulty getting auto insurance. Through the years other military personnel were added, for example warrant offices were members during the Vietnam war. Eventually, all active military and then finally anyone who was ever in the military.
I have been a member for over 30 years and have found USAA to be a first class operation, including the few claims that I have made for car accidents and house damage. Take a look at any large company board. They are composed of company executives who generally have experience in the industry or have a very large stake in the company.
If you have problems with the company you can do what most people would, and that is take your business elsewhere.