Tim Plaehn
Seeking Alpha
Contact Tim
Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
| Recent: |
|
| Past: |
|
Past articles by Tim:
A Buying Opportunity Due To The Zero Distribution For Q4
Reduced throughput and lower refining margins led to a zero distributable cash flow Q4 for CVR Refining LP. CVRR is trimming production in Q1 and continued tigh → Read More
Calumet Specialty Products: An Opportunity On A Dividend Cut
Calumet Specialty Products had a terrible Q4, generating $4 million of DCF against $55 million of distributions paid.A new CEO has taken the company reigns, and → Read More
Bear Market Deja Vu: Aircastle Limited
Through its 10 year life, AYR has produced steady and growing per share cash flow.In 2009 the market ignored AYR's fundamentals and drove the share price to bel → Read More
Q4 Earnings Call: Plains All American Pipelines Reaffirms Distributions Plan
For Q4 PAA EBITDA came up about 5% short of guidance and full year results were 1.5% below 2014 results.Management provided 2016 guidance of 5% EBITDA growth an → Read More
Rolling The Dice For 7/11 With 3 High-Yield MLPs Against Wall Street
We are getting daily predictions of MLP distribution cuts from the Wall Street analysts crowd.Management teams are just as adamant that distributions can be maintained until energy prices get better.T → Read More
Kinder Morgan Forced To Abandon The MLP Growth Model
With its share price at $15, KMI was yielding over 13%, a cost of equity capital that would force the company to slow or abandon its growth plans.With the new lower dividend, KMI has will have $3.8 bi → Read More
Dividend Strategy Lab Using The Midstream Energy Sector
Energy sector share prices have been declining since mid-2014. This is a true bear market, taking down the good with the bad.Midstream companies and MLPs have continued to increase distributions, even → Read More
Am I Wrong About The 1 Factor That Could Turn Energy Prices?
Crude oil continues to fall, dragging down energy stock prices en mass. The world continues to pump as many barrels as possible, because the cash flow is needed to cover budget or debt obligations. I → Read More
It's Time To Sell Calumet Specialty Products
CLMT has produced the best MLP total return so far in 2015.The company generates up to 40% of gross profits from fuel sales.The Q4 collapse in refinery gross margins could cause CLMT to go negative on → Read More
Is There A Problem With WP Carey?
WP Carey has a long track record of strong dividend growth, with increases every quarter.Over recent quarters, dividend increase have shrunk to 1/10th of a penny - an almost meaningless gesture to con → Read More
Putting Vanguard Natural Resources On The Upstream Energy Watch List
For Q3, Vanguard Natural Resources reported results that did not include LRR Energy and Eagle Rock Energy.The mergers with both MLPs were closed in Q3, so Vanguard will get full benefit of the added a → Read More
Can Linn Energy Achieve Escape Velocity?
Linn Energy has produced impress savings so far in 2015, resulting in over $600 million of free cash flow for the year. However, derivative cash settlements are carrying a large portion of the revenue → Read More
Upstream MLPs May Be The Best Bet To Profit From An Oil Price Recovery
Upstream MLPs have reduced or suspended distributions, even if distributable cash flow would continue to support higher payments to investors.Instead of paying distributions, which are not given any v → Read More
Consider The New Actively Managed UTES For Added Alpha Compared To XLU
I interviewed one of the portfolio managers for the new, actively managed Reaves Utility ETF.Reaves Asset Management is focused exclusively on utility stocks and related infrastructure companies.The a → Read More
MLPs With Safe And Growing Distributions
There are indications that the bear market in the MLP sector has reached or is near the bottom. Now may be a good time to pick up select MLP units. A high distributable cash flow -DCF- level provides → Read More
Holly Frontier Reveals Plans To Double Shareholder Value
HFC has a strong history of returning cash to investors as dividends and share buybacks. Recently announced growth plans are expected to double EPS by 2018. Management's plans to double earnings and s → Read More
Can 14% Yield Altisource Residential Overcome The Mistakes Of The Past?
Altisource Residential Corp. has been negatively affected by the troubles of Ocwen Financial and related companies - of which it is one.Significant changes have been made in company leadership and the → Read More
High Growth REITs To Consider In The Current Market Dip
REIT prices have been dropping since late January, and the current market drop has made yields very attractive. → Read More
Should All Upstream MLPs Suspend Distribution Payments?
The upstream MLP model is broken! The market acts as if these companies will go out of business as energy prices fall. → Read More
Will Investors Notice The Declining Cash Flow At Enterprise Products Partners?
In spite of a great distribution growth history, EPD has been hit hard in the current MLP bear market. → Read More