Pipeline OKS to be one of first beneficiaries as OPEC’s production cuts raise oil output from U.S. shales
Update January 11, 2017. Tracing this chain of cause and effect is pretty simple: OPEC cuts oil production to raise oil prices; U.S. shale producers with low costs increase drilling and output (by a forecast 250,000 barrels a day in 2017); U.S. pipeline MLPs (master...Update ONEOK Partners (OKS)
As bad news goes, this isn’t a big dose of bad news, but it should be a reminder to investors looking for extra yield in today’s ultra-low yield environment that higher yields always come with higher risk. ONEOK Partners (OKS) is one of my favorites for getting a good...Sell Oneok Partners (OKS)
Sell Oneok Partners (OKS) Master limited partnership units of Oneok Partners (OKS) have run through my target price of $54 a share by March 2010 and just kept on going. I still like this natural gas pipeline play for its yield of 7.5% (as of November 9, 2009) so I’m...Update ONEOK Partners (OKS)
Certainly not a great quarter but it will do. After the close on August 4, ONEOK Partners (OKS) announced second quarter earnings of 81 cents a unit. (This is a master limited partnership rather than common stock.) That was down from $1.46 in the second quarter of...Jim’s Daily Email Alerts:
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