Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Spekulatius who wrote (33702)	3/3/2009 9:42:17 AM
From: E_K_S	of 78742

Spectra Energy Corp. (SE) should benefit from the long term rise in NG rates. The stock has been trading as if they are going to slash their dividend. Even if they cut it by 50%, it should yield over 4% at the current stock price. EEQ is well positioned too. I also own COP which has one of the largest NG reserves of the integrators and is selling at a multi year low and yielding over 5%. BP also has large NG reserves but is not my favorite. I think the key for selecting a safe owner and distributor of NG is to focus on their current yield (payout coverage), future cash flows (look at CapX investments), management and overall debt. Too much debt is a red flag especially if they pay a high dividend. I currently own SE, TRP, COP, BP, EEQ, EP and UGI. I also own PWE (now selling at a multi year low) a Canadian trust with a very large NG component. I recently added to SE and COP and sold some BP and UGI at higher prices. I am always looking for other similar companies to add to my small basket of NG exploration & distribution companies. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next