Duke Energy (DUK) rocked its second quarter earnings on Thursday, reporting an 80% increase in profit. Not surprisingly, DUK stock closed up a little more than 1%. It�� great to flash eye-popping profit growth after earnings — particularly since this Duke Energy has a very attractive current dividend yield of 4.5% — but is that enough to make DUK stock a buy now?
Best Mid Cap Stocks To Own For 2015: Legacy Oil + Gas Inc (LEGPF.PK)
Legacy Oil + Gas Inc. (Legacy) is engaged in exploration, exploitation and development drilling for oil and natural gas reserves. Legacy's wholly owned subsidiary, Legacy Oil & Gas ND, Inc., holds properties and operates in the State of North Dakota. Its Southeast Saskatchewan properties are located in an area ranging from approximately 130 to 290 kilometers southeast of the city of Regina, Saskatchewan. Legacy has an average working interest of approximately 75% in 24,576 gross (18,647 net) acres of undeveloped land at Taylorton. It has an average working interest of approximately 70% in 32,959 gross (22,938 net) acres of undeveloped land in the Viewfield Bakken play with properties at Stoughton, Heward and Star Valley. On January 1, 2011, it amalgamated with its wholly owned subsidiaries Legacy VRI Ltd. and Legacy TV Ltd. In April 2013, it closed the acquisition of Villanova Oil Corp. (Villanova) and the acquisition of light oil assets. Advisors' Opinion:- [By Value Digger]
To open up new Cardium opportunities, Manitok is also expanding to the Southern Alberta Foothills, where it plans to drill the first well of the farm-in with Legacy Oil & Gas (LEGPF.PK) before year end. Legacy Oil has a 99% average working interest in the Farm-in Lands prior to Manitok earning. Manitok will pay 100% of the cost to drill, complete and equip one horizontal Cardium oil well in order to earn 70% of Legacy's working interest, in a small block of land within the Farm-in Lands. If Manitok drills, completes and equips 3 horizontal Cardium oil wells at 100% of the cost, it will earn the entire 70% of working interest in Legacy's Farm-in Lands.
Top 5 Gas Companies To Watch In Right Now: Pengrowth Energy Corp (PGH)
Pengrowth Energy Corporation (Pengrowth) is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan, Ontario and Nova Scotia. The Company�� producing properties include Lindbergh, Swan Hills Area, Greater Olds/Garrington Area and Southeast Saskatchewan. In February 2012, the Company commenced the injection of steam at its Lindbergh pilot project. On May 31, 2012, the Company acquired NAL Energy Corporation. In November 2012, the Company acquired additional Lochend Cardium assets with production capability of approximately 650 barrels of oil equivalent, weighted 95% to light oil. In March 2013, the Company completed the divestiture of its non-core Weyburn asset. Advisors' Opinion:- [By Dan Caplinger]
Pengrowth Energy (NYSE: PGH ) will release its quarterly report on Thursday, and with shares having climbed recently, investors seem to be expecting good things from the company. Yet Pengrowth earnings expectations don't appear to be behind the jump in the stock lately, with some one-time events drawing the bulk of investor attention instead.
- [By Selena Maranjian]
Finally, Graham Capital's biggest closed positions included Hess�and calls on the SPDR S&P 500 ETF. Other closed positions of interest include Halcon Resources (NYSE: HK ) and Pengrowth Energy (NYSE: PGH ) . Oil and gas company Halcon, operating in the promising Bakken region, as well as Texas' productive Eagle Ford shale region, among others, posted 2012 net daily production 128% higher than year-earlier levels, and proven reserves up 417%. The stock was punished after a disappointing earnings result last month, despite surging revenue. Free cash flow has moved into the red, though.
- [By GURUFOCUS]
Canadian Trusts- Baytex Energy Trust (BTE) | Yield: 6.1%
- Enerplus Resources Fund (ERF) | Yield: 5.6%
- Pengrowth Energy Trust (PGH) | Yield: 7.1%
Top 5 Gas Companies To Watch In Right Now: Japan Petroleum Exploration Co Ltd (JPTXF)
Japan Petroleum Exploration Co., Ltd. is a company principally involved in the energy business. The Company operates in four geological segments. The Japan segment involves in the production, purchase and sale of crude oil and natural gas in Japan, the contracting of drilling and refurbishment works, mud logging works, research works, geophysical exploration works, the provision of pipeline maintenance services and security guard services, the purchase and sale of petroleum products, the transportation of petroleum and natural gas products, as well as real estate management business. The North America segment involves in the exploration and development of crude oil and natural gas in North America. The Middle East segment involves in the development of crude oil and natural gas. The Others segment involves in the exploration, development and production of crude oil and natural gas in Southeast Asia. As of March 31, 2013, the Company had 26 subsidiaries and 17 associated companies. Advisors' Opinion:- [By WWW.MARKETWATCH.COM]
LOS ANGELES (MarketWatch) -- Japanese stocks have ended with losses in every session this week, and sure enough, the Nikkei Average (JP:NIK) was down 0.6% in early Friday trade, though off an opening 0.8% defecit, while the Topix carried a 0.7% loss. Overnight losses for the U.S. and further strength in the yen (with the dollar falling to 楼101.28 from 楼101.56 a day earlier) helped drag the market lower, as did results from Fast Retailing Co. (JP:9983) (FRCOF) , the shares of which hold the heaviest weighting on Nikkei Average. Fast Retailing said that while its Uniqlo brand was doing great business, weakness for its J Brand luxury demin label helped send September-May profit down 4% and prompted another cut to Fast's full-year outlook. Consequently, its shares traded 0.7% lower, though rivals Takashimaya Co. (JP:8233) and J. Front Retailing Co. (JP:3086) (JFROF) also saw losses of 0.6% and 0.5%, respectively. Among other decliners, Sony Corp. (JP:6758) (SNE) lost 0.7%, Toshiba Corp. (JP:6502) (TOSYY) fell 2.1%, Kawasaki Heavy Industries Ltd. (JP:7012) (KWHIY) fell 1.5%, Toyota Motor Corp. (JP:7203) (TM) and Nissan Motor Co. (JP:7201)
Top 5 Gas Companies To Watch In Right Now: Kinder Morgan Management LLC (KMR)
Kinder Morgan Management, LLC is a limited partner in Kinder Morgan Energy Partners, L.P (KMP), and manages and controls its business and affairs pursuant to a delegation of control agreement. Kinder Morgan G.P., Inc., of which Kinder Morgan, Inc. indirectly owns all of the outstanding common equity, is the general partner of Kinder Morgan Energy Partners, L.P. (KMP). Kinder Morgan G.P., Inc., pursuant to a delegation of control agreement among the Company, Kinder Morgan G.P., Inc. and KMP, has delegated to the Company, to the fullest extent permitted under Delaware law and KMP�� limited partnership agreement, all of its rights and powers to manage and control the business and affairs of KMP, subject to the general partner�� right to approve specified actions.
KPM is a pipeline limited partnerships in the United States. KMP owns an investment in or operates approximately 28,000 miles of pipelines and 180 terminals. Its pipelines transport products, such as natural gas, crude oil, gasoline, and CO2, and its terminals store petroleum products and chemicals and handle materials like coal. Almost all of Kinder Morgan assets are owned by KMP, KMP operates in five business segments : Natural Gas Pipelines, Products Pipelines, CO2, Terminals and Kinder Morgan Canada.
Kinder Morgan is a transporter and marketer of carbon dioxide in North America. It delivers approximately 1.3 billion cubic feet per day of CO2 through about 1,300 miles of pipelines. It is an oil producer in Texas, producing over 55,000 barrels of oil per day at the SACROC Unit and the Yates Field in the Permian Basin. In addition to CO2 pipelines and oil producing fields, this business segment owns interests in and operates CO2 source fields, natural gas and gasoline processing plants, and a crude oil pipeline. Kinder Morgan owns and operates approximately 24,000 miles of gas pipelines in the Rocky Mountains, the Midwest and Texas. Through its Products Pipelines business unit, it transports over two million barre! ls per day of gasoline, jet fuel, diesel, natural gas liquids and other fuels through more than 8,000 miles of pipelines. The Company also has approximately 50 liquids terminals in this business segment that store fuels and offer blending services for ethanol and other products.
Kinder Morgan have more than 180 terminals that store petroleum products and chemicals, and handle bulk materials like coal, petroleum coke and steel products. Kinder Morgan operates a number of pipeline systems and terminal facilities in Canada including the Trans Mountain pipeline, the Express and Platte pipelines, the Cochin pipeline, the Puget Sound and the Trans Mountain Jet Fuel pipelines, the Westridge marine terminal, the Vancouver Wharves terminal in British Columbia and the North Forty terminal in Edmonton, Alberta.
Advisors' Opinion:- [By Igor Greenwald]
Let’s move beyond the headlines. On Sunday, KMI announced a deal to buy out�Kinder Morgan Energy Partners�(NYSE: KMP), its dividend-paying proxy�Kinder Morgan Management�(NYSE: KMR) and�El Paso Pipeline Partners�(NYSE: EPB) in mostly-equity deals at premiums ranging from 12% for KMP to 16.5% for KMR based on the Aug. 8 closing prices.
- [By David Dittman]
Answer: If you don’t want to deal with K-1s at tax time, Kinder Morgan Inc (NYSE: KMI) is a suitable alternative, as is Kinder Morgan Management (NYSE: KMR), which pays its distribution in the form of Kinder Morgan Energy Partners units.
- [By Aaron Levitt]
For investors, the recent drop in all three shares — along with Kinder Morgan Management LLC (KMR) �� have put them all near their 52-week lows and at some of the highest dividend yields not seen in years. At these prices, you��e still getting strong dividend growth — about 5% for KMI — along with the chance to own the largest pipeline network in North America.
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