Select Page

Update Energy Transfer Partners (ETP)

Energy Transfer Partners (ETP) is one of my favorite master limited partnerships. Its natural gas pipeline business coins cash and the yield on these partnership units is a very satisfying 6.8%. The total return (that’s dividend plus price appreciation) has been even...

Update Vale (VALE)

And the biggest winner from Argentina’s huge natural gas from shale discovery in Patagonia? YPF Sociedad Anonima (YPF) is certainly a winner. The find of 4.5 trillion cubic feet of gas is roughly double the Argentine company’s previous proved natural gas reserves of...

Update Encana (ECA)

EnCana (ECA) formalized its split into two companies when it began trading as EnCana (ECA) and Cenovus Energy (CVE) on the New York Stock Exchange on December 9. Shareholders in EnCana received one share of the new EnCana and one share of Cenovus for each share of the...

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...

Stocks are overbought but the trend is still up

Markets always run to extremes both on the up and downside. And sometimes the extremes can be quite extreme. Right now a number of technical indicators are saying that stocks are overbought. That means they’re headed for a correction. Some time. But stocks that...

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...

Look out for natural gas Monday

Last week it was oil companies reporting their earnings numbers. Monday investors get a big dose of numbers from natural companies. The earnings aren’t likely to be pretty although since many producers wrote down billions in assets last quarter–Chesapeake...