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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (37953)	5/20/2010 7:22:05 PM
From: Paul Senior	Respond to of 78701

I'm partial to Bakken oil plays, and I favor MDU for a somewhat conservative way to play the development of this area. MDU has a subsidiary that acquires Bakken land, and explores for oil/gas there and other areas. I hold several companies that do that. However, what makes MDU more conservative (maybe) than other e&p companies with Bakken properties or small-cap e&p's focused solely on Bakken, is that: MDU has a natural gas pipeline network in the Bakken. MDU has a construction business and an asphalt/aggregate/concrete business that might, maybe, prosper with build-out of the Bakken, if that area does develop the potential that maybe exists there. MDU has utility operations (serves, according to Yahoo "... approximately 122,000 residential, commercial, industrial, and municipal electric customers in 177 communities; and approximately 829,000 residential, commercial, and industrial natural gas customers in 333 communities." MDU is not only a Bakken play. It has operations in TX, CO, LA and offshore GOM. MDU provides me a dividend while waiting. $.63/$18.00 = 3.5%, at today's price. "Dividend increased in November 2009, marking the 19th consecutive year of dividend increases", according to MDU website. ==================================== In other words, yes, I too added a little to my MDU position on todays fall.

To: E_K_S who wrote (37953)	8/3/2010 6:07:47 PM
From: Paul Senior	Respond to of 78701

MDU reports lower earnings and lower estimates from analysts' consensus. Stock falls a little today, and so I've added a little more. finance.yahoo.com MDU among my favorites, although not among my largest positions. I like the conservative utility aspect, 19 consecutive years of increasing dividends, and the exploratory aspect- especially as MDU are in some excellent (imo) shale areas, e.g. Bakken. ---------------------------------------- I'm trying to accumulate e&p's that seem to be under nav valuations. Although my scope is world-wide, I continue to be very busy looking at and following e&p companies in the Canadian/USA hot or potentially hot shales. I have spotted several companies under $2 or that are penny stocks; with some trepidation, I am building positions.