By Albert Alfonso One of the core holdings of my portfolio would have to be ConocoPhillips (COP). ConocoPhillips is in the midst of a major asset shift, away from high-risk overseas projects, to lower-risk domestic projects. While this strategy has caused some short-term pain in terms of lower production, it may result in a much [...]
By Devon Shire Usually a dividend cut is viewed very negatively by the stock market. Investors who had been holding shares will often sell because they were invested for the specific purpose of the dividend. Last week, Penn West (PWE) made the following announcement concerning its dividend: Dividend Reduction to Strengthen Financial Flexibility Penn West [...]
By Bret Jensen Diamondback Energy (FANG) has been one of the best performing IPOs of the last twelve months. Since coming public at ~$17 a share in October, this pure play Permian E & P concern has more than doubled to a recent $34.50 a share. It is certainly an equity that I wish would [...]
By Albert Alfonso TC Pipelines (TCP) is a midstream MLP operated by TransCanada Corp (TRP). As a pipeline company, TC Pipelines has virtually no commodity price exposure and relatively little volume exposure due to its capacity mostly being under long-term contracts. TC Pipelines offers a $0.78 per unit per quarter distribution and at current prices [...]
By Bret Jensen EOG Resources (EOG) is probably the biggest domestic energy concern (~$41B enterprise value including debt) most investors are not that familiar with. The company is the biggest leaseholder in the Eagle Ford shale region where production is exploding. There is a lot to recommend this fast growing E&P outfit. Near term catalysts [...]
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