The Oracle of Omaha has spoken–and he’s as bullish as ever on the rail industry. He explained why in an interview with CNBC, released this morning.
“It’s a business that has real economic advantages,” Buffett said. “If you look at fuel costs, drivers’ wages on the highway–as long as more goods move from place to place in this country, rails are going to get their share, and it should be a very profitable business.”
Buffett should know. His company, Berkshire Hathaway, purchased Burlington Northern Santa Fe for $34 billion four years ago. FORBES estimates its value has doubled since then. Part of the reason: hauling oil out of the Bakken formation of North Dakota.
BNSF has ramped up its operations there dramatically, now moving 600,000 barrels of oil per day (once refined, that’s enough to fill the gas tanks of 1.35 million cars), more than ten times the amount moved in 2010.
Rail has emerged as an alternative to pipelines, offering a faster means of shipping crude–though perhaps more risky, as a recent spate of oil car accidents has shown.
Best Asian Companies To Invest In 2015: Volterra Semiconductor Corporation(VLTR)
Volterra Semiconductor Corporation engages in the design, development, and marketing of analog and mixed-signal power management semiconductors for computing, storage, networking, and consumer markets. The company?s products include integrated voltage regulator semiconductors, integrated power protection and distribution semiconductors, and scalable voltage regulator semiconductor chipsets that transform, regulate, deliver, and monitor the power consumed by digital semiconductors. Its analog and mixed signal power management semiconductor products are primarily used in applications that require voltage regulating performance, such as data networking equipment, desktop and notebook computers, digital televisions, digital video recorders, game consoles, enterprise storage equipment, graphics cards, hard disk drives, printers, raid cards, servers, telecommunications equipment, base stations, and workstations. The company sells its products primarily to original equipment man ufacturers, original design manufacturers, contract equipment manufacturers, and merchant power supply manufacturers directly through its internal sales force, as well as indirectly through distributors and outsourced suppliers. It has operations in the United States, China, Singapore, Japan, Taiwan, and Germany. Volterra Semiconductor Corporation was founded in 1996 and is based in Fremont, California.
- [By Holly LaFon]
Volterra Semiconductor Corp. (1.2%) (VLTR – $23.00 – NASDAQ)(VLTR) is a California based designer of power management semiconductors for the computing, storage and networking sector. On August 15, 2013, the company received a $23.00 cash tender offer from nearby competitor Maxim Integrated Products Inc., a producer of integrated circuits for various industrial applications with greater scale and presence in the industry. The tender, which commenced on August 30, is expected to close on October 1 of this year. October 4, 2013.
- [By Sally Jones]
Volterra Semiconductor Corp. (VLTR)
Up 30% over 12 months, Volterra Semiconductor Corp. has a market cap of $575.49 million; shares trade with a P/E of 41.20.
Best Asian Companies To Invest In 2015: NXP Semiconductors N.V.(NXPI)
NXP Semiconductors N.V., through its subsidiary, NXP B.V., provides mixed signal solutions and standard products worldwide. The company provides amplifiers, audio/radio products, bipolar transistors, data converters, diodes, identification and security products, interface and connectivity products, logic devices, media processors, microcontrollers, MOSFETs, power management integrated circuits (IC), radio frequency devices, sensors, thyristors, television and set-top-box front ends, and logic driver and controller ICs, as well as ESD, EMI, and signal conditioning products. Its products are used in automotive, identification, wireless infrastructure, lighting, mobile, consumer, computing, and industrial applications. NXP Semiconductors N.V. markets its products directly and through distribution to various original equipment manufacturers, original design manufacturers, contract manufacturers, and distributors. The company was formerly known as KASLION Acquisition B.V and ch anged its name to NXP Semiconductors NV in May 2010. NXP Semiconductors N.V. was founded in 2006 and is headquartered in Eindhoven, the Netherlands.
- [By MONEYMORNING.COM]
And FPX holds some great tech stocks: Tesla Motors Inc. (Nasdaq: TSLA), NXP Semiconductors NV (Nasdaq: NXPI), and Fleetcor Technologies (NYSE: FLT), a leading payments processing firm, are just the start of the list.
- [By MONEYMORNING.COM]
176.5% on NXP Semiconductors NV (Nasdaq: NXPI), which we’d recommended in May 2012 at $23.40 a share, and then re-recommended a number of times thereafter. Shares of the near-field-communications (NFC) chipmaker hit a new lifetime high of $64.69 this month and are still 168% higher than when we first told you about them.
- [By Rich Bieglmeier]
[Related -NXP Semiconductors NV (NXPI): A Look At Next Big Opportunities For The Fast Growth Stock]
The wirehouse research firm says they upped their view because of “Increased conviction in the company’s ID business—both core and emerging—following discussions with many companies in the ID ecosystem. Our conversations with OEM partners and competitors underscored NXP’s strong competitive position in e-Government, Banking and embedded secure element. Highlights include the company’s broad portfolio of secure Microcontrollers (MCUs), R&D scale/leverage due to technology reuse across different markets and entrenched relationships with customers.”
Best Asian Companies To Invest In 2015: Energie Holdings Inc (ELED)
Energie Holdings Inc, formerly Alas Aviation Corporation, incorporated on June 10, 2013, is in the process of acquiring, assembling and operating passenger airlines, air cargo and related ground service operators. The Company’s business model includes purchasing low-scale regional operators then assembles and integrates them as subsidiaries. Corporacion Ygnus Air, S.A. (Cygnus) is a wholly owned subsidiary of the Company. It is engaged in acquisition discussions with several operators throughout Europe and around the world.
Cygnus is an aeronautical company is an integrated provider of air cargo transportation specializing in medium and long-range cargo routes. Cygnus operates a fleet of two Boeing 757-200PCF cargo jets to Europe and Africa. Cygnus has managed multi-plane operations, carrying both freight and passengers throughout Spain, Europe, the Middle East, Africa and the Americas.
- [By Peter Graham]
Small cap stocks Wi-Fi Wireless Inc (OTCMKTS: WFWL), Energie Holdings Inc (OTCMKTS: ELED) and Trend Exploration, Inc (OTCMKTS: TRDX) surged 47.06%, 25% and 12.50%, respectively, last Friday. However, none of these small cap stocks appear to be the subject of paid promotions or investor relations activities – something that could be a good thing for investors who are not traders. Keeping that in mind, are these three small cap stocks going to be winners over the long term? Here is a closer look to help you decide on an investing or trading strategy:
Best Asian Companies To Invest In 2015: Vringo Inc. (VRNG)
Vringo, Inc., together with its subsidiaries, engages in the innovation, development, and monetization of mobile technologies and intellectual property. Its intellectual property portfolio consists of approximately 500 patents and patent applications covering telecom infrastructure, Internet search, and mobile technologies. The company operates a platform for the distribution of mobile social applications and services, including Facetones and Video Ringtones that transform the basic act of making and receiving mobile phone calls into a visual, social experience. Its Video Ringtones platform allows users to create, download, and share mobile entertainment content in the form of video ringtones for mobile phones; and Facetones is a social ringtone platform that allows users to create social picture ringtone and ringback content in the form of animated slideshows sourced from friends social networks. The company also provides Fan Loyalty platform that allows users to obtain video and video ringtones, view information on reality television series and stars, and vote for contestants; and Video ReMix platform, which allows users to download an application for iPhone, iPad, iPod, or Android phones, and create their own music video by tapping on various music beats and video files. Vringo, Inc. is headquartered in New York, New York.
- [By Jayson Derrick]
A federal appeals court hearing Vringo's (NASDAQ: VRNG) case against Google has ruled against Vringo. As justification, the court cited a recent Supreme Court ruling that upheld the patent-ability of software concepts, but barred companies from patenting only an abstract idea on a computer. Shares collapsed to new 52-week lows of $0.67 before closing the day at $0.88, down 72.01 percent.
- [By Bryan Murphy]
Think patent wars are only being fought – and won – by consumer technologies like Vringo, Inc. (NASDAQ:VRNG) and Apple Inc. (NASDAQ:AAPL)? Think again. While the Vringo patent war with Google Inc. (NASDAQ:GOOG) and the Apple infringement case against Samsung may have been the world’s highest-profile patent litigation conflicts (and most covered by the media), patent infringement claims and subsequent court cases have become just as common within the biotech world. Just ask Idenix Pharmaceuticals Inc. (NASDAQ:IDIX) and Gilead Sciences, Inc. (NASDAQ:GILD)… two biotech names that are currently duking it out over patents that look nearly identical. Indeed, a coin toss may be just as fair of a way to decide who’s right and who’s wrong between Idenix and Gilead.
Best Asian Companies To Invest In 2015: Spdr Dj Wilshire Small Cap Etf (SLY)
SPDR DJ Wilshire Small Cap ETF (the Fund), formerly streetTRACKS DJ Wilshire Small Cap ETF, seeks to replicate as closely as possible the total return of the Dow Jones Wilshire Small Cap Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities of the small-cap portion of the Dow Jones Wilshire 5000 Composite Index actually available to investors in the marketplace. The Index includes the components ranked 751 to 2,500 by full market capitalization. The Index consists of common stocks selected for their capitalization. The composition of the Index is reviewed semiannually in March and December. Shares and float factors of the Index are updated on a quarterly basis.
The Fund utilizes a passive or indexing approach and attempts to approximate the investment performance of its Index, by investing in a portfolio of stocks intended to replicate the Index. The Fund’s investment manager is SSgA Fund s Management, Inc.
- [By Will Ashworth]
By the time the dust settled in 2013, small caps won the day (well, year) — the SPDR S&P SmallCap 600 (SLY) had outperformed the SPDR S&P 500 ETF (SPY) by almost 9 percentage points.
- [By Dan Caplinger]
Where the best gains are
In fact, when you compare returns across stocks of various sizes, you’ll get some surprising results:
The SPDR S&P 500 ETF (NYSEMKT: SPY ) weighs in with 20% gains with its exposure to 500 of the largest companies in the U.S. market. When you step down to mid-cap stocks, though, you’ll get even better returns, with the SPDR S&P MidCap 400 ETF (NYSEMKT: MDY ) posting returns of 21% so far in 2013, based on the performance of 400 mid-sized companies domestically. The smallest companies in the market have done better still, as the SPDR S&P SmallCap 600 ETF (NYSEMKT: SLY ) has given investors impressive 24% returns since Jan. 1.
Why are smaller companies outperforming the largest stocks in the market? Historically, smaller stocks have posted better long-term returns than their larger counterparts, with theoreticians pointing to the greater risk involved in small-cap stocks as justifying the higher risk premium that investors should demand in order to hold them over the long run.
Best Asian Companies To Invest In 2015: National Beverage Corp.(FIZZ)
National Beverage Corp., together with its subsidiaries, develops, manufactures, markets, and distributes beverage products in the United States. The company offers a range of flavored soft drinks, juices, sparkling waters, energy drinks, and nutritionally-enhanced waters. It provides its soft drink products under the Shasta and Faygo names. The company also provides health-conscious beverage products, including juice and juice based products under the Everfresh, Home Juice, and Mr. Pure brand names; sparkling and spring water products under the LaCroix, Crystal Bay, and ClearFruit brand names; and nutritionally enhanced water under the Asante brand. In addition, it offers energy drinks under the brand, Rip It; fruit-flavored drinks under the Ohana brand name; holiday soft drinks under the brand, St. Nick?s; and effervescent powder beverage enhancers under the NutraFizz brand name. Further, the company develops and produces soft drinks for retailers and beverage companies . National Beverage provides its products through national and regional grocery stores, warehouse clubs, mass-merchandisers, wholesalers and dollar stores, convenience stores, gas stations, and independent and specialized distributors, as well as through direct store distribution facilities. The company was founded in 1985 and is based in Fort Lauderdale, Florida.
- [By Tabitha Jean Naylor]
National Beverage (NASDAQ: FIZZ)
National Beverage is a flavored drink manufacturer based in Fort Lauderdale, Florida. The company was founded in 1985 and grew to include such recognizable brands as Shasta sodas, Everfresh fruit juices and Rip It energy drinks. Though National Beverage is considered a “second tier” beverage manufacturer, the company is among the top 10 flavored beverage manufacturers in the country.
- [By Bryan Murphy]
Two weeks ago, yours truly made the point that all beverage makers ranging from small niche players like National Beverage Corp. (NASDAQ:FIZZ) to the mega-sized names like The Coca-Cola Company (NYSE:KO) that little ol’ KonaRed Corp. (OTCBB:KRED) was coming on fast… not just in terms of product innovation, but in terms of its retail footprint. Not that there was any doubt in the meantime, but KRED laid down another piece of evidence to that end today that should have the likes of KO and FIZZ concerned Simply put, the flagship Konared product (juice from the fruit that surrounds coffee beans) is soon going to found on the shelves of 80 additional Canadian grocery stores.
Best Asian Companies To Invest In 2015: Ryland Group Inc (RYL)
The Ryland Group, Inc., incorporated on March 28, 1967, is a homebuilders and a mortgage-finance company. In addition, Ryland Mortgage Company and its subsidiaries, and RMC Mortgage Corporation (collectively referred to as RMC) provide mortgage financing and related services. All of the Company’s business is conducted and located in the United States. The Company’s operations span aspects of the home buying process from design, construction and sale to mortgage origination, title insurance, escrow and insurance services. During the year ended December 31, 2012, the homebuilding operations were consisted of approximately 97% of consolidated revenues. The homebuilding segments generate their revenues from sales of completed homes, with sales of land and lots. The Company builds homes for entry-level buyers, as well as for first- and second-time move-up buyers. In July 2012, the Company acquired Charlotte and Raleigh operations and assets of Timberstone Homes. In December 201 2, the Company acquired Phoenix operations and assets of Trend Homes. In June 2013, Ryland Group Inc acquired LionsGate Homes Corp. Effective July 19, 2013, Ryland Group Inc acquired Cornell Homes, a media-based construction company.
The Company’s homes are built on-site and marketed in four geographic regions or segments: North, Southeast, Texas and West. Its North segment includes Baltimore, Chicago, Indianapolis, Minneapolis, Northern Virginia and Washington, D.C. Its Southeast include Atlanta, Charleston, Charlotte, Orlando and Tampa. Texas includes Austin, Houston and San Antonio. West includes Denver, Las Vegas and Southern California. During 2012, within each of those segments, the Company operated in the metropolitan areas of North, Southeast, Texas and West. Each of its homebuilding divisions across the country consists of a division president; a controller; management personnel focused on land entitlement, acquisition and deve lopment, sales, construction, customer service and purchasin! g, and accounting and administrative personnel. The Company markets attached and detached single-family homes. In the Company’s single-family detached home communities, it offers at least four different floor plans. The Company’s attached home communities offer different floor plans with two, three or four bedrooms. The Company relies on its own architectural staff and also engages unaffiliated architectural firms to develop new designs. Homebuyers are able to customize certain features of their homes by selecting from options and upgrades displayed in the Company’s model homes and design centers. In all of the Company’s communities, a range of options is available to homebuyers for additional charges. The number and complexity of options increase with the size and base selling price of the home. During 2012, custom options contributed 16.9% of homebuilding revenues.
The Company’s financial services segment provides mortgage-related products and services, as wel l as title, escrow and insurance services, to its homebuyers. The Company’s financial services segment includes RMC, RH Insurance Company, Inc. (RHIC), LPS Holdings Corporation and its subsidiaries (LPS), and Columbia National Risk Retention Group, Inc. (CNRRG). By aligning its operations with the Company’s homebuilding segments, the financial services segment leverages this relationship to offer its lending services to homebuyers.
During 2012, RMC’s mortgage origination operations consisted of the Company’s homebuilder loans, which were originated in connection with sales of the Company’s homes. During 2012, mortgage operations originated 3,039 loans, which used for purchasing homes built by the Company and for purchasing homes built by others, purchasing existing homes or refinancing existing mortgage loans. RMC arranges various types of mortgage financing, including conventional, Federal Housing Administration (FHA) and Veterans Administration (VA) mortgages, with various fixed- and adjustable-rate features. The Compa! ny sells ! the loans it originates, along with the related servicing rights, to others. Cornerstone Title Company, doing business as Ryland Title Company, is a 100 % subsidiary of RMC, provides escrow and title services and acts as a title insurance agent primarily for the Company’s homebuyers. As of December 31, 2012, it provided title services in Arizona, Colorado, Florida, Illinois, Indiana, Maryland, Minnesota, Nevada, Texas and Virginia. Ryland Insurance Services (RIS), a 100 % owned subsidiary of RMC, provides insurance services to the Company’s homebuyers. As of December 31, 2012, RIS was licensed to operate in all of the states in which the Company’s homebuilding segments operate. During 2012, it provided insurance services to 41.5 % of the Company’s homebuyers. CNRRG, a 100 %-owned subsidiary of the Company and some of its affiliates, offer insurance, specifically structural warranty coverage, to protect homeowners against liability risks arising in connection with the homebui lding business of the Company and its affiliates.
- [By Louis Navellier]
If we look at those stocks trading with single-digit P/E ratios right now, it becomes a very simple task to separate the wheat from the chaff. There are many well-known stocks trading at low P/E ratios that get horrible grades from our system and should be avoided:
Ryland Homes (RYL) is a name you might hear discussed as a bargain, but the stock to a Sell back in November to a “D” and is best avoided. Standard Pacific (SPF) is another builder you should probably avoid as In spite of the low P/E ratio ,you probably want to avoid discount retailer Big Lots (BIG), as a Strong Sell this week.
But fear not — there are some great companies with solid fundamentals that earn a Buy ranking from Portfolio Grader and are better candidates for a low-P/E portfolio.
- [By Rick Aristotle Munarriz]
Alamy You can never know in advance all the news that will move the market in a given week, but some things you can see coming. From the world’s largest consumer tech company posting its iEarnings to a pivotal end to the trading month, here are some of the things that will help shape the week that lies ahead on Wall Street. Monday — Growing Apples: Lately, Apple (AAPL) hasn’t been the growth stock darling that it was through most of the past decade, but it seems to be turning the corner. Apple is expected to post growth in revenue and earnings when it reports fiscal first quarter results on Monday afternoon. It’s not likely to be much. Analysts see revenue and earnings per share climbing by no more than 5 percent over last year’s holiday quarter. That may seem low given the success of the iPhone 5S and iPad Air that hit the market late last year. However, it’s been hard to overcome the slide in Mac and iPod sales. Tuesday — Comcast Stems the Bleeding: Another company showing renewed signs of life is Comcast (CMCSK). The country’s largest cable provider hasn’t had a problem growing its Internet and broadband phone services, but it’s been struggling since 2007 to keep its pay TV customers around. Comcast finally surprised investors earlier this month by announcing that it closed out the fourth quarter with more subscribers than it had three months earlier. This is the first time that Comcast has posted a sequential increase in video customers after 26 quarters of declines. Comcast reports on Tuesday. Hopefully it will shed some light on this welcome development, letting us know if the cord cutter fears are in the past. Wednesday — Are We Friends Again: It will be Facebook (FB) hoping that the market clicks “Like” on the leading social networking website’s quarterly financials on Wednesday. Facebook had a rocky start as a public company two years ago, going public at $38 and falling into the teens several months later. However, explosive top- and bottom-l
Best Asian Companies To Invest In 2015: Fortis Inc (FRTSF.PK)
Fortis Inc. (Fortis) is an investor-owned gas and electric distribution utility in Canada. Its regulated utilities account for 90 % of total assets and serve customers across Canada and in New York State and the Caribbean. Fortis owns non-regulated hydroelectric generation assets in Canada, Belize and Upstate New York. The Company’s non-utility investments are comprised of hotels and commercial real estate in Canada and petroleum supply operations in the Mid-Atlantic Region of the United States. Advisors’ Opinion:
- [By Markus Aarnio]
Emera’s competitors include Northland Power (NPIFF.PK), Fortis (FRTSF.PK), and Atlantic Power (AT). Northland Power has seen insider buying in August and has a dividend yield of 7.6%. Fortis has seen both insider buying and insider selling in August. Fortis has a dividend yield of 4.1%. Atlantic Power saw insider buying last time in April. Atlantic Power has a dividend yield of 9.4%.
Best Asian Companies To Invest In 2015: BKI Investment Company Ltd (BKI)
BKI Investment Company Limited, operates in the securities industry in Australia. The Company invests in a diversified portfolio of Australian shares, trusts and interest bearing securities. The Company’s investment objective is to generate an increasing income stream for distribution to its shareholders in the form of fully franked dividends, to the extent of its available imputation tax credits, through long-term investment in a portfolio of assets that are also able to deliver long term capital growth to shareholders. During the fiscal year ended June 30, 2012, the Company invested $26.5 million into the market with major purchases including Westpac Banking Corporation, National Australia Bank, Wesfarmers Limited and Fleetwood Corporation. The Company also divested a number of holdings including BlueScope Steel, Echo Entertainment, Transfield Services, Suncorp Metway Preference Shares, Westpac Preference Shares (WBCPA) and half of the position in Westpac Preference Share s (WBCPB). Advisors’ Opinion:
- [By Chris Hill]
In this installment of Motley Fool Money, our analysts explain why they’re watching Buckeye Technologies (NYSE: BKI ) , Bristow Group (NYSE: BRS ) , and Western Union (NYSE: WU ) .
- [By Rich Smith]
Privately held (by the Koch Bros.) paper and pulp company Georgia-Pacific has agreed to acquire Buckeye Technologies (NYSE: BKI ) for the princely sum of $1.5 billion, Buckeye announced this morning.
Best Asian Companies To Invest In 2015: Regency Energy Partners LP (RGP)
Regency Energy Partners LP (the Partnership), incorporated on September 8, 2005, is engaged in the gathering and processing, contract compression, treating and transportation of natural gas and the transportation, fractionation and storage of natural gas liquids (NGLs). The Partnership operates in five business segments: Gathering and Processing, Joint Ventures, Contract Compression, Contract Treating, and Corporate and Others. Its assets are primarily located in Texas, Louisiana, Arkansas, Pennsylvania, California, Mississippi, Alabama, West Virginia and the mid-continent region of the United States, which includes Kansas, Colorado and Oklahoma. In May 2013, Regency Energy Partners LP closed the acquisition of Southern Union Gathering Company, LLC from Southern Union Company. In February 2014, Regency Energy Partners LP closed its acquisition of the midstream business of Hoover Energy Partners LP.
During the year ended December 31, 2012, Lone Star NGL LLC (Lo ne Star), a newly formed joint venture that is owned 70% by Energy Transfer Partners, L.P. (ETP) and 30% by the Partnership, acquired all of the membership interest in LDH Energy Asset Holdings LLC (LDH), a wholly owned subsidiary of Louis Dreyfus Highbridge Energy LLC. The Partnership focuses on providing midstream services in some of the most prolific natural gas producing regions in the United States, including the Eagle Ford, Haynesville, Barnett, Fayetteville, Marcellus, Bone Spring, and Avalon shales as well as the Permian Delaware basin and the mid-continent region. The Partnership provides wellhead-to-market services to producers of natural gas, which include transporting raw natural gas from the wellhead through gathering systems, processing raw natural gas to separate NGLs and selling or delivering the pipeline natural gas and NGLs to various markets and pipeline systems.
The Partnership owns and operates a fleet of compressors used to provide turn-key natural gas compression services for customer specific syst! ems. The Partnership owns and operates a fleet of equipment used to provide treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration and BTU management, to natural gas producers and midstream pipeline companies.
Gathering and Processing Operations
The Partnership operates gathering and processing assets in four geographic regions of the United States: north Louisiana, the mid-continent region of the United States, south Texas and west Texas. The Partnership’s north Louisiana assets gather, compress, treat and dehydrate natural gas in five Parishes (Claiborne, Union, DeSoto, Lincoln and Ouachita) of north Louisiana and Shelby County, Texas. Its assets also include two cryogenic natural gas processing facilities, a refrigeration plant located in Bossier Parish, a conditioning plant located in Webster Parish, an amine treating plant in DeSoto Parish, and an amine treating plant in Lincoln Parish. The Pa rtnership’s south Texas assets gather, compress, treat and dehydrate natural gas in LaSalle, Webb, Karnes, Atascosa, McMullen, Frio and Dimmitt counties. The pipeline systems that gather this gas are connected to third-party processing plants and its treating facilities that include an acid gas reinjection well located in McMullen County, Texas.
One of the Partnership’s treating plants consists of inlet gas compression, a 60 one million cubic feet per day amine treating unit, a 55 one million cubic feet per day amine treating unit and a 40 ton (per day) liquid sulfur recovery unit. In January 2012, it completed an expansion of the treating plant, adding an incremental 20 one million cubic feet per day of treating capacity to the facility. The Partnership owns a 60% interest in ELG that includes a treating plant in Atascosa County with a 500 gallons per minute amine treater, pipeline interconnect facilities and approximately 13 miles of ten inch diameter pipe line. Talisman Energy USA Inc. and Statoil Texas Onshore Pro! perties L! P own the remaining 40% interest. It operates this plant and the pipeline for the joint venture while its joint venture partner operates a lean gas gathering system in the Edwards Lime natural gas trend that delivers to this system.
The Partnership’s west Texas gathering system assets offer wellhead-to-market services to producers in Ward, Winkler, Reeves, and Pecos counties, which surround the Waha Hub. The NGL market outlets include Lone Star’s west Texas NGL pipeline. It offers producers four different levels of natural gas compression on the Waha gathering system. The Waha processing plant is a cryogenic natural gas processing plant that processes raw natural gas gathered in the Waha gathering system. The Waha processing plant also includes an amine treating facility, which removes carbon dioxide and hydrogen sulfide from raw natural gas gathered before moving the natural gas to the processing plant.
The Partnership’s mid-continent region in cludes natural gas gathering systems located primarily in Kansas and Oklahoma. Its mid-continent gathering assets are extensive systems that gather, compress and dehydrate low-pressure gas from approximately 1,500 wells. These systems are geographically concentrated, with each central facility located within 90 miles of the others. The Partnership also owns the Hugoton gathering system that has approximately 1,875 miles of pipeline extending over nine counties in Kansas and Oklahoma. This system is operated by a third party. Its mid-continent systems are located in two natural gas producing regions in the United States, the Hugoton Basin in southwest Kansas and the Anadarko Basin in western Oklahoma.
Joint Ventures Operations
The Partnership owns investments in four joint ventures: a 49.99% general partner interest in RIGS Haynesville Partnership Co., a general partnership, and its wholly-owned subsidiary, Regency Intrastate Gas LP (HPC); a 50% memb ership interest in MEP; a 30% membership interest in Lone St! ar, and a! 33.33% membership interest in Ranch JV. HPC owns RIGS, a 450-mile intrastate pipeline that delivers natural gas from northwest Louisiana to downstream pipelines and markets. MEP owns an interstate natural gas pipeline with approximately 500 miles stretching from southeast Oklahoma through northeast Texas, northern Louisiana and central Mississippi to an interconnect with the Transcontinental Gas Pipe Line system in Butler, Alabama. Lone Star is an entity owning a diverse set of midstream energy assets, including NGL pipelines, storage, fractionation and processing facilities located in the states of Texas, Mississippi and Louisiana.
Contract Compression Operations
The natural gas contract compression segment services include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining compressors and related equipment. These field-wide applications include compression for natural gas gathering and natural gas processing. The Partnership’s contract compression operations are primarily located in Texas, Louisiana, Arkansas, Pennsylvania and California.
Contract Treating Operations
The Partnership owns and operates a fleet of equipment used to provide treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration and BTU management, to natural gas producers and midstream pipeline companies. Its contract treating operations are primarily located in Texas, Louisiana and Arkansas.
The Company competes with PELICO Pipeline, LLC (Pelico), ETP, KMP, Chesapeake Midstream Partners, L.P., Enterprise Products Partners LP, DCP Midstream Partners, L.P., Copano Energy, L.L.C, Southern Union Gas Services, Targa Resources Partners L.P., ONEOK Partners L.P., Penn Virginia Resource Partners, L.P., CenterPoint Energy Transmission, Gulf South Pipeline, L.P., Texas Gas Transmission, LLC, Gulf Crossing Pipeline, Centerpoint Energy G as Transmission and Natural Gas Pipeline Co. of America, Ext! erran Hol! dings, Inc., Compressor Systems, Inc., USA Compression, Valerus Compression Services LP, J-W Energy Company, TransTex Gas Services, LP, Cardinal Midstream LLC, SouthTex Treaters, Interstate Treating Inc., Thomas Russell Co. and Spartan Energy Group.
- [By Jonas Elmerraji]
Regency Energy Partners (RGP), on the other hand, hasn’t been bleeding off all year long. In fact, this $11 billion natural gas play is actually up close to 20% year-to-date, stomping the broad market by comparison. But bulls should think about taking gains here. After a long run higher, RGP is starting to look “toppy.”
Regency is in the early stages of forming a double top pattern. The double top looks just like it sounds: it’s a bearish reversal trade that’s formed by a pair of swing highs that top out at approximately the same price level. The sell signal comes on a violation of the support level that separates the tops, that $30 price floor in the case of RGP.
That doesn’t mean that lower levels are a foregone conclusion just yet. Since Regency’s topping pattern hasn’t triggered yet, it has a way out if buyers can muster the strength to propel shares past $32. If you don’t want to take the downside chance past $30, the best way to manage the risks in RGP is with a tactical stop loss. I’d recommend putting a stop on the other side of the 5 Rocket Stocks to Buy for Gains This Week
- [By Garrett Cook]
Utilities sector was the top gainer in the US market on Thursday. Top gainers in the sector included Cleco (NYSE: CNL), Korea Electric Power (NYSE: KEP), and Regency Energy Partners LP (NYSE: RGP).