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


To: E_K_S who wrote (76275)10/1/2024 9:44:19 PM
From: Paul Senior1 Recommendation

Recommended By
E_K_S

  Read Replies (1) | Respond to of 78484
 
Thanks for the oil update. I hold positions in both the companies you mentioned, as part of a barrel of oil/gas companies. My most recent purchases have been small add to small holding of CDDRF (presumably the Clearwater Canada area is a prolific resource) and KOS (small add, small holding), recommended in Barron' s, and has big prospects for gas development in Senegal. My fav position at this time remains Cenovus (CVE), which has many years of heavy oil to develop in Canada. No (or maybe only minimal) exploration costs. CVE mostly held in ira, so dividend there is not taxed by Canada.



To: E_K_S who wrote (76275)10/2/2024 12:22:58 PM
From: Elroy  Read Replies (2) | Respond to of 78484
 
Man, I sold $38 covered calls on my WMB position when it was yielding only about 5.8% because I thought that yield was too low for an income oriented pipeline stock.
WMB is now $47 with a 4.1% yield! It just keeps going up.

I don't really see what's so great about WMB today compared to a year ago (for example), but I regret selling the calls.