Positioning the Portfolios for 2018
Many investors’ tax rates will come down in 2018, making the next few trading days your best opportunity for taking tax losses on any underwater positions that may take time to recover. With investors facing higher tax liabilities in 2017 than next year, the benefit of writing off a loser is that much greater.
Of course, we prefer to avoid taking any losses and run the Energy & Income Advisor Portfolios with an eye toward long-run returns. However, given the sector’s recent down-cycle and the topsy-turvy performance of many energy sub-industries over the past few years, we have a few positions that haven’t worked out because of timing issues or a faulty investment thesis. These sales will help to offset the handful of gains that we took over the course of the year.
Tanker Talk
After suffering through a crippling oversupply for the past half decade, the tanker market has showed signs of improvement. Here’s how aggressive investors can profit.
IPO Analysis: Navios Maritime Midstream Partners LP (NYSE: NAP)
A spin-off of Navios Maritime Acquisition Corp, Navios Maritime Midstream Partners LP completed its initial public offering on Nov. 13. Here’s our take on the tanker owner’s risk profile and upside potential.
01/01/13: KMP’s Move into Domestic Tankers
Investors should disregard any articles about Kinder Morgan Energy Partners’ tanker acquisition that confuse the global VLCC market with US-flagged vessels that comply with the Jones Act.
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