Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Mattyice who wrote (54518)	11/23/2014 7:45:49 PM
From: E_K_S	Respond to of 78768

Encana (ECA) Suttles’ Stamp Here is the latest McDep Report for ECA goo.gl They value the stock at $30.00/share. The most recent changes was the sale of some of their NG properties and the purchase of Oil assets (in Eagle Ford). I guess that's good since they now have an equal weighting in Oil vs NG. The Graham No. value is $21.48/share which is 14.5% undervalued from the current market price of $18.58/share. Going through the McDep ECA report confirms that this stock is undervalued. Also, I like that it is a mid-cap stock w/ a market cap of $13.8Bln and is more secure than many of these smaller E&P companies. I too have been selling most of my smaller E&O and focusing on owning the larger cap oil stocks. I do have full positions in two special situations in MHR and SFY. My bigger plays are in the pipeline and midstream companies. I own a basket of MLP (21 companies) that represent about 30% of the taxable portfolio. The largest is the KMI which completed it's MLP roll-up closing Nov. 26th. My largest gainers of the year are from the KMI family; EPB, KMR & KMP. I also loaded up on the KMI/WS warrants when they traded below $3.00/share in October. My strategy is to keep thing simple and have larger positions in a few quality stocks. KMI common will be one of these along with CVX, and COP. I get excellent income from the MLP basket but depending on how long it takes to do taxes w/ all the K1 reports, I just may consolidate these shares into (1) a MLP fund or (2) keep my position in the MLP basket to 10 or less. I always go back to these McDep reports to find the current value prospects. goo.gl EKS