rconrad
MLP Mania
Editor’s Note: The Energy & Income Advisor team will attend the National Association of Publicly Traded Partnerships’ upcoming MLP Investor Day, an annual event where we’ve uncovered some of our best investment ideas in recent years. Over this grueling...
LNG Investment Bible, North American Edition
Editor's Note: We discovered an error in our calculations regarding EV to EBITDA estimates related to Cheniere Energy Partners LP's (NYSE: CQP) anticipated cash flow from its Sabine Pass LNG export facility. Based on the...
Canada’s LNG Potential
Already the world’s third-largest producer of fourth-largest exporter of natural gas, Canada boasts more than 60 trillion cubic feet of conventional reserves and almost 400 trillion cubic feet of shale gas. But unlike in the...
The LNG Investment Bible, International Edition
Investors have an enduring love affair with liquefied natural gas (LNG), likely because of the highly publicized political debate over whether the Dept of Energy would approve proposed export schemes to ship US natural gas...
Australian LNG: Survey and Picks
Over the past 20 years, Australia has doubled its natural-gas output and emerged as the world’s third-largest exporter of liquefied natural gas (LNG). And according to projections from the US Energy Information Administration, Australia will...
And the Winners Are…
The holdings in our model Portfolios posted solid fourth-quarter results and have continued to outperform their benchmarks. Since the MLP Portfolio’s inception on Nov. 15, 2013, our holdings have delivered an average total return of 7.16...
International Portfolio: The Solid Fourth-Quarter Results Continue
In local currency terms, the 20 names in our International Portfolio have returned an average of 11 percent since the strategy’s inception on Nov. 15, 2013--double the gains posted by the S&P/TSX Composite Index and...
02/26/14: Thank You, Barron’s
They’re at it again. In the never-ending quest for page views, Barron’s has returned to a familiar target: Kinder Morgan Inc. (NYSE: KMI) and Kinder Morgan Energy Partners LP (NYSE: KMP). The financial publication’s Feb....
The International Scene
The strong US dollar has made it tough sledding for the stocks in our International Portfolio, though the recent rally in the Canadian dollar has provided a welcome tailwind for our Toronto-listed holdings. However, the...
Earnings Cavalcade
Regardless of developments in global currency markets, the picks in our International Portfolio continue to execute and grow their earnings, putting them on track to deliver robust returns over the long haul. Of the companies...
Keystone XL: Controversy and Opportunity
Editor's Note: At the World MoneyShow Orlando, Roger Conrad recorded two video interviews: one about two of his favorite master limited partnerships and another about Canadian dividend payers. More than five years have passed since TransCanada Corp...
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...
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...