Teekay LNG Partners L.P. (NYSE:TGP) is a Master Limited Partnership (MLP) which operates LNG tankers. The stock recently closed around $14.00 and pays a dividend of 56 cents per year for a yield of 4.0%. This would not ordinarily put it on the radar screen for investors seeking out high yield equities. But conservatively calculated, TGP is now trading at roughly 4 times current “distributable....More>>>
Professor Charles Kolstad of the Stanford Institute for Economic Policy Research (SIEPR) wrote a policy brief that outlines two major reasons the coal industry has been in decline. When you step back and look at the data it is pretty easy to determine that a major increase in coal jobs, especially in the Eastern states is not in the offing. This is in contrast to the mis-information that EPA Administrator....More>>>
In February, the shortest month of the year, copper, gold, and oil company Freeport-McMoRan Inc (NYSE:FCX) saw its shares tumble by nearly 20%. After a roughly 95% price gain in 2016, it was a painful reminder of years past, when Freeport-McMoRan was dealing with the aftermath of an ill-timed oil investment.
Shortly before oil prices started to fall....More>>>
The natural gas and solar sectors will survive and maybe even thrive in the wake of President Donald Trumps decision last week to withdraw from the Paris climate accord.
Trump said Thursday that the U.S. will leave the Paris accord because it is very unfair, at the highest level, to the United States. Staying in the agreement would pose serious obstacles for the U.S. as it begins the process....More>>>
PRIMECAP Management (Trades, Portfolio)’s quiet nature belies its gravity-defying returns on long and short-term bases. Its best performer, the Primecap Fund, posted a 24.48% return for the year ended April 30, beating the 17.92% return in the S&P 500. It also outperformed on five-, 10- and since-inception categories.
The firm was formed in 1983 and in one year, the founder of....More>>>