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Inergy, L.P. Message Board

rudfox 7 posts  |  Last Activity: Dec 9, 2014 8:31 PM Member since: May 23, 2002
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  • Reply to

    Cost Basis

    by monroe74 Dec 1, 2014 1:10 PM
    rudfox rudfox Dec 9, 2014 8:31 PM Flag

    Go to oxy site. Click on Investors. Move pointer to a blank spot on the page if the link is covered up.

  • Reply to

    Cost Basis - OXY Shareholders

    by emanymemanym Dec 6, 2014 1:08 PM
    rudfox rudfox Dec 9, 2014 12:57 PM Flag

    That is very close to the 96.515% to OXY shares and 3.485% to CRC shares that is linked to as an example on the OXY investor relations website.

  • Reply to

    Cost Basis

    by monroe74 Dec 1, 2014 1:10 PM
    rudfox rudfox Dec 9, 2014 12:52 PM Flag

    On OXY website Investor Relations, "Occidental Petroleum Corporation Guidelines for cost basis " 96.515% to OXY shares and 3.485% to CRC shares." as an example. I suspect that is what will be reported on the attachment to IRS 8937. The attachment is not posted yet.

  • Reply to

    Cost Basis

    by monroe74 Dec 1, 2014 1:10 PM
    rudfox rudfox Dec 4, 2014 10:23 AM Flag

    If we have to wait until posted on EDGAR, http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000797468&owner=include&count=40&hidefilings=0 I think would be the URL. Of course this post might be deleted because it has a URL despite it being an SEC link.

  • Reply to

    UBTI

    by zaral36 Nov 28, 2014 2:17 PM
    rudfox rudfox Dec 2, 2014 9:34 AM Flag

    There may have been a *tiny* amount of UBTI in prior years, if I remember correctly. No UBTI for 2013. The bulk of the money is royalty money and is not UBTI. This is is a good one to put in the IRA

    Remember to read the documentation to generate the schedule E info for the royalty and depletion if not held in an IRA. No such work if you hold DMLP in an IRA.

  • Reply to

    Cost Basis

    by monroe74 Dec 1, 2014 1:10 PM
    rudfox rudfox Dec 2, 2014 9:19 AM Flag

    Good info. With the brokers now reporting the basis to the IRS, it is simpler to use the same ratio that will be used to produce that basis. Yes, you can use one of the allowed methods, but the extra work to figure out how to report that makes waiting to see what OXY posts worthwhile. I presume the broker follows the method that the company issues.

    They often use the average of the highs and lows on the first day of trading to develop the number, but we cannot count on that. It would be helpful if OXY were to make the decision as to which method to use and then publish that quickly. All information needed already exists. It just takes an effort to be proactive rather than laid-back. I think the company has to file something with their chosen ratio. It would seem simple to put the numbers on the website soon, rather than waiting for the document to show up on EDGAR.

  • rudfox rudfox Oct 31, 2014 4:11 PM Flag

    I was thinking how unusual it was for INTEL yesterday (Oct 30) and something must be happening. Didn't you? Usually if there is such a move it does turn out to be something significant. This time it is still a mystery.

    Could have been some big fund rotating into something else. It could have been a newsletter writer with a negative report. Then momentum players could have then continued the slide. I was perplexed. And today October 31, it came back up and more. I still don't know why this anomaly happened. It was remarkable.

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