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Valuentum Commentary
Jul 21, 2015
Higher Maintenance Costs for Pipelines?
Plains All American Pipeline has garnered national attention with two pipeline spills in the past two months. Let’s take a look at the reasons behind Plains All American Pipeline’s infrastructure problems. Jul 10, 2015
Creditor Risk Aversion Rises Considerably in Energy, Metals & Mining Sectors
In a recent Moody’s ‘Capital Markets Research’ report, according to a tabulation performed by Credit Suisse, bond spreads have widened an incredible 385 basis points for high-yield metals/minerals companies and 367 basis points for energy companies in the one-year period ending July 8, 2015. We continue to underweight these sectors within the newsletter portfolios. Creditor risk aversion continues to swell in these two sectors, and the worst has yet to come, in our view. Jun 18, 2015
5 More Reasons Why We Think Kinder Morgan’s Shares Will Collapse
“...the credit rating agencies have a lot to think about. Kinder Morgan’s investment-grade credit rating is in part supported by the firm’s ability to access the equity markets to sell its own stock. But its share price is artificially propped up by the incorrect application of dividend discount models that are using financially-engineered dividends, which themselves are in part supported by the debt raised from an investment-grade credit rating, which is then used to keep raising debt and growing the dividend…and so on." Jun 11, 2015
5 Reasons Why We Think Kinder Morgan’s Shares Will Collapse
Let's walk through a handful of reasons why the company’s shares may very well collapse. Jan 23, 2015
3 Reasons Why We Like Kinder Morgan
Valuentum's Brian Nelson discusses three reasons why Kinder Morgan is included in the Dividend Growth portfolio. Jan 9, 2015
January 5-9: The Week That Was - Drowning in Crude
Let’s cover new developments during the first week of 2015. Nov 29, 2014
$45 Oil Prices!?!? There Is Never a Sense of Urgency When One Is Prepared
Friday brought mass selling across the energy sector. In our view, crude oil prices could hit $45 per barrel in the next few years before recovering. Oct 10, 2014
The Correction: Draghi; Chip, Telecom Warnings; Oil and MLPs
“Without reform, there can be no recovery.” – European Central Bank President Mario Draghi Aug 9, 2014
Energy Transfer Partners’ Solid Distribution Coverage Ratio
Energy Transfer Partners’ distribution is on solid ground, but investors should be aware of the risks of MLPs. Let’s walk through a quick reminder. Jun 22, 2014
Valuentum Economic Castle™ Rating Update
Members should expect the initial Economic Castle™ ratings. Latest News and Media The High Yield Dividend Newsletter, Best Ideas
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