rconrad
Separating Buckeyes from Boardwalks
One pipeline company rewards investors with a 70 percent total return the year after it restores regular distribution growth; the other’s unit price falls by almost half after it guts its payout by more than...
02/05/14: Down and Out Down Under
For US investors, the Australian Stock Exchange has been nothing short of a bloodbath over the past 12 months, largely because of the precipitous decline in the value of the Australian dollar relative to the...
When MLP Distribution Growth Stops and Starts
On Jan. 9, 2014, Natural Resource Partners LP (NYSE: NRP) became the first master limited partnership (MLP) to slash its distribution in the new year, cutting its quarterly payout by 36 percent. This disappointing announcement...
01/22/14: So Much Depends on Just Energy’s Fiscal Third Quarter
We’ll have to wait until February for International Portfolio holding Just Energy Group (TSX: JE, NYSE: JE) to report earnings for its fiscal third quarter ended Dec. 31, 2013. The company’s US-listed shares plunged 7.6...
01/17/14: Kinder Morgan Energy Partners LP’s Fourth Quarter
Kinder Morgan Energy Partners LP (NYSE: KMP) has come under fire for its tight distribution coverage and concerns that the blue-chip MLP’s size makes it difficult to grow cash flow. The burdensome incentive distribution rights that the...
Canadian Values
Canadian equities underperformed last year. The S&P/TSX Composite Index eked out a 5.5 percent return in US dollars since the beginning of 2013, lagging the 31.2 percent gain posted by the S&P 500. Meanwhile, the...
General Appeal
The master limited partnership (MLP) structure often comprises two entities: a limited partnership that owns the underlying assets and a general partner (GP) that’s responsible for managing the operating entity. In addition to a minority...
New Order
The breadth and depth of Energy & Income Advisor's coverage of the energy sector is unparalleled; the publication covers every link in the energy value chain, from upstream (oil and gas producers) to midstream (pipelines and processing)...
International Energy Portfolio — Aggressive Holdings
ARC Resources (TSX: ARX, OTC: AETUF) An investment in ARC Resources represents a low-risk call on long-term demand for Canada’s inexpensive natural gas. Although the price of this commodity won’t increase until export capacity come...
Introducing Roger Conrad’s International Energy Portfolio
You asked for it and we heard you loud and clear. Energy & Income Advisor’s International Portfolio, which features our top picks from Australia and Canada, launched this month in the website’s Model Portfolios section....
International Energy Portfolio — Conservative Holdings
AGL Energy (ASX: AGK, OTC: AGLNY) AGL Energy's clearest path to earnings and dividend growth is to capitalize on Australia’s rising use of natural gas. The retail distributor of electricity and natural gas also owns...
11/20/13: A Secondary Chance to Buy
Units of Oiltanking Partners LP (NYSE: OILT) tumbled by 10.7 percent after the master limited partnership (MLP) announced a secondary offering of $2.6 million common units at $61.65 apiece. The partnership indicated that the proceeds...
Movers and Shakers in Crude-Oil Transportation and Storage
Here are some of our favorite transportation and storage ideas to profit from the upsurge in North American crude-oil production and continued volatility in regional pricing. Plains All American Pipeline LP (NYSE: PAA) & Plains...
Upstream Update, Canadian Edition
At one point last winter, Western Canada Select (WCS) crude oil traded at a discount of $40.00 per barrel to West Texas Intermediate (WTI), leaving some Canadian producers struggling to make ends meet while their...
10/30/13: Lightstream Resources Downgraded to Sell
Income-seeking investors should never forget the adage that sweet yields can bring sour consequences. In the current environment, investors should be extraordinarily skeptical of any Canadian exploration and production company whose stock yields more than...
Spotlight on North America
The shale revolution has enabled the US to grow its oil production for the first time in decades and overtake Russia as the world's leading producer of natural gas. These dramatic changes in the North...
Canada’s Midstream Marvels
Our favorite Canadian midstream companies--names that own pipelines and processing capacity--generate the majority of their cash flow from fee-based services, a business model that provides a degree of protection against volatile oil and gas prices....
Price Check on Canadian Oil and Gas
Crude Oil What country produces one of the world’s lowest-priced crude oils? Right now, it’s Canada, and by a substantial margin. The price of Western Canada Select (WCS), a heavy-sour blend of crude oil that...
10/10/13: More M&A Activity in MLP Land
Regency Energy Partners LP (NYSE: RGP) today announced a bid to acquire PVR Partners LP (NYSE: PVR), one of the the struggling master limited partnerships (MLP) that we recently identified as potential takeover targets. Although...
Earning an Upgrade
Among the Focus List holdings that have rallied above our buy targets this fall, we have upgraded four high-quality names that stand to benefit over the next 12 to 18 months from identifiable upside catalysts....
TRENDING TOPICS
12/13/18 Altagas Resets for a Hostile Capital Market
Altagas Ltd (TSX: ALA, OTC: ATGFF) has a new president and CEO, former EQT Corp (NYSE: EQT) executive Randy Crawford. And the incoming boss has...
12/12/18 High Yield Energy Is Cheap, Stay With It
In the current issue of Energy and Income Advisor, we highlight a “table pounding buy” in energy master limited partnerships. Subsequent alerts last week focused...
12/4/18 Another Crack At Service Companies and Producers
Third quarter results are all in for our EIA Coverage Universe, which is divided into energy services/drillers and producers. For our comments and latest numbers,...
12/4/18 International Roundup: Bargains in the Rubble
Third quarter results are all in for our International Coverage Universe. In addition to payout ratios and other financial and performance data, the comments section...