Portfolio

What’s next for MLPs?

For my first post back I want to update the last post I did before my hiatus. On Feb 10, I posted on how well the MLP sector did in January, with it being the second best January ever, and that good early year performance usually leads to strong results going forward. Lets see what the MLP sector has been…

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Stocks

Kinder Morgan reports spectacular Q3 2012 Results

Kinder Morgan kicked off MLP earnings season on October 17 with a very strong report. I’ll briefly discuss the report and then discuss valuation and expected future returns for the Kinder Morgan family of companies. Kinder Morgan’s Q3 2012 earnings were very strong. The full press release is here for KMP, here for KMI, and here for EPB. A few…

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Portfolio , Stocks

MLP valuation at August end

It’s been since May that I updated my table on MLP valuation. With the recent volatility in the market and the month of August coming to an end it is a good time to take a look at MLP valuation. Lets jump right in. As I’ve done before, I updated my top 5 MLP table which also includes the MLP…

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Stocks

KMP reports Q2 2011 results

Earnings season for the MLP sector officially got underway last night with Kinder Morgan reporting Q2 2011 results. The highlight of the release was a distribution increase to $1.15 per unit or $4.60 annualized. KMP currently yields 6.3% on this dividend. From the release: HOUSTON, July 20, 2011 – Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today increased its quarterly cash…

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Stocks

Update on MLP valuation

Well, the MLP correction I discussed earlier seems to have run its course for now. I thought this would be a good time to see what this correction has done for MLP valuations relative to history. I last did this back at the end of Q1 2011 and was planning to hold off until the end of this quarter but…

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Portfolio , Stocks

Opportunity brewing in MLP land

There looks to be a correction developing in the MLP sector that may bring up a significant opportunity that income investors should begin to have a plan for. Lets look at the drop in prices recently, potential reasons for the drop, and what it means for the sector and more importantly investors. As of 1PM or so Eastern time most…

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Stocks

KMP delivers strong Q1 – yet again

Kinder Morgan (KMP, KMR, KMI) reported Q1 2011 results last night after market close. Here is the summary from the press release. Kinder Morgan Energy Partners Increases Quarterly Distribution to $1.14 Per Unit Distribution 7% Higher Than First Quarter 2010 HOUSTON, Apr 20, 2011 (BUSINESS WIRE) — Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today increased its quarterly cash distribution…

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Stocks

Yet another reason to own MLPs – lower risk

MLPs offer attractive tax-deffered yields and total returns. MLPs have handily outperformed the S&P since 1996 and look to continue to do so. With the emergence of unconventional oil and natural gas plays in North America the sector is also in major growth mode. But most investors think that MLPs are higher risk – after all we’ve all been brainwashed…

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