Endangered Dividends List
Four more Energy and Income Advisor coverage universe companies have announced dividend cuts since our July 22 issue went to post. That’s actually less so far than we expected going into this season for Q2 earnings reporting and dividend declarations, though there’s still risk of multiple high profile cuts in the next few weeks.
Portfolio: Earnings and Guidance
Roughly one-third of the Model Portfolio and High Yield Energy List companies have now announced their Q2 results and updated guidance. As expected, the numbers weren’t pretty. And guidance wasn’t everything we could have hoped for either, with most companies expressing a generally cautious outlook.
North American Midstream: Companies that Matter, Niche Providers and the Walking Dead
For the upstream, downstream and services companies in our coverage universe, the top driver of stock market performance is likely to remain the macro picture, particularly for crude oil prices. In that regard, oil prices today are trading close to flat with their early March trading range.
Endangered Dividends List
There have been zero dividend cuts in our Energy and Income Advisor coverage universes since the June 18 issue. That could change quickly over the next several weeks, as the 45 companies in the Endangered Dividends List declare their dividends for the summer season.
Portfolio: Earnings and Guidance
Our company focus every earnings season is first and foremost on our Model Portfolio and High Yield Energy List recommendations. Here’s when to expect calendar Q2 announcements and guidance calls. We will update you in between issues if anything we see requires faster action, primarily with Alerts.
Endangered Dividends List
There have been zero dividend cuts in our Energy and Income Advisor coverage universes since the June 18 issue. That’s a merciful break in what has been non-stop action since early March. But it’s no reason to be complacent about dividend risk in the energy sector.
Q&A: What’s Ahead for Midstream and MLPs
The outlook for our recommendations and coverage universe in answers to five key questions.
Portfolio: Earnings and Guidance
Q2 earnings releases for Model Portfolio and High Yield Energy List recommendations are coming up fast. Here are expected and confirmed dates for announcements and guidance calls. We will update between issues if news requires actions, primarily with Alerts.
What’s Ahead for Oil Prices
It’s been a wild ride for oil prices in 2020; however, with the supply-demand picture now becoming clearer, the outlook looks increasingly constructive. On the demand side, the recovery in the US economy appears to be proceeding faster than we anticipated.
Endangered Dividends List
Just one energy company in our coverage universe has cut its dividend since the May 31 issue of Energy and Income Advisor went to post. Helmerich & Payne’s (NYSE: HP) reduction to 25 cents per share from 71 cents the previous quarter follows what’s been an all-too-familiar pattern for contract drillers and energy services firms this year. As oil and gas producers have reined in drilling activity, cash flows have dropped sharply.
Live Chat with
Elliott and Roger on Mar. 25, 2021
Portfolios & Ratings
Model Portfolios
Balanced portfolios of energy stocks for aggressive and conservative investors.
Producers and Drillers
Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.
MLPs and Midstream
Our assessment of every energy-related master limited partnership.
International Coverage
Roger Conrad’s coverage of more than 70 dividend-paying energy names.
Experts
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Elliott H. Gue
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor
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Roger S. Conrad
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor