The founder and former editor of Canadian Edge, MLP Profits and Utility Forecaster, Roger S. Conrad built a reputation for his in-depth analysis of dividend-paying equities. Now, Roger brings his expertise to Energy & Income Advisor, adding coverage of more than 70 Canadian energy stocks to the publication.
In his first contribution to Energy & Income Advisor, Roger examines the headwinds facing Canadian equities and reviews first-quarter results from the handful of names that have reported thus far.
Former Canadian Edge subscribers should note that Roger will resume coverage of Canadian companies that aren’t connected to the energy patch in Capitalist Times, a generalist newsletter that he and Elliott will launch later this month. (Full-year subscribers to Energy & Income Advisor will receive a complimentary 12-month subscription to this twice-monthly publication.)
In this Graph of the Week, we examine the interaction between the Canadian and US natural-gas markets.
Master limited partnerships (MLP) have enjoyed quite a run thus far in 2013, with the Alerian MLP Index rallying about 19.9 percent. We use our proprietary indexes to examine which segments have led the charge and which have lagged the pack.
Although the market for dry-bulk carriers appears close to a bottom, the timing of a significant turnaround remains a few years away. Against this backdrop, a distribution cut appears inevitable for Navios Maritime Partners.
Buckeye Partners LP (NYSE: BPL) capped its turnaround tale by resuming distribution growth in the first quarter of 2013. Will NuStar Energy LP (NYSE: NS) be able to pull off a similar feet?
Income-starved investors have bid up shares of Atmos Energy Corp (NYSE: ATO) to unreasonable prices, making the stock ripe for a 25 percent to 30 percent correction.
Expect the market to rule the day in the pitched battle over US LNG exports.
Investors should steer clear of unprofitable cellulosic-ethanol producers and focus on legitimate businesses that stand to benefit from the escalating global competition between our stomachs and our gas tanks.
Elliott and Roger on May. 20, 2013