Comments on: Are Transportation Costs Getting You Down? *

By: TheLocoMono

TheLocoMono — Fri, 30 May 2008 23:12:00 +0000

Excellent post, I enjoyed the moral of the story. I need to take the same approach when the time comes.

It is all about motivation and effort. There was a bit in the news about Penn Virgina finding a large supply of natural gas in Texas which has potential to boost its revenue for a while.

By: Dividends4Life

Dividends4Life — Fri, 30 May 2008 03:11:00 +0000

Jake: I actually owned SPH a while back. After doing my taxes the first year, I swore off Master limited Partnerships (MLP)

passivefamilyincome: Thanks for your kind words.

Dividend Growth Investor: See my comment to Jake - no more MLPs for me.

Div Guy: I think the oil prices will come down, but they will remain much higher than historical averages. The days of cheap gas are gone.

mg: I agree, oil price does not matter. I look at the value of the stock.

Anon: If BP can grow its dividend, it will be hard to go wrong with it.

Best Wishes,
D4L

By: Anonymous

Anonymous — Fri, 30 May 2008 01:29:00 +0000

Until a month ago, we owned BP and XOM. Recently sold our XOM @$90.35/share. Our basis was $54/share. Didn’t want to be greedy and get burned! We’re hanging on to the BP since they pay a good dividend and they are diversifying into other energy sources.

By: MG (moneygardener)

MG (moneygardener) — Thu, 29 May 2008 18:49:00 +0000

In my opinion the price of oil does not matter when determining a good entry point for energy firms.

The best indicator is perception. When the sentiment exists that oil is going back down to $60/barrel that is when you buy if you’re bullish on oil long term. Good prices will not be had until the current sentiment shifts once again, as it always does.

By: Div Guy

Div Guy — Thu, 29 May 2008 18:42:00 +0000

I sold YPF today. I have held the stock for around a year and made over a 15% return. I still have a small holding of XOM that I have had for a few years now. I think oil prices will start coming back down after the summer. That is my guess for what it’s worth.

TPP looks very interesting but I own quite a bit of KMP already.

By: Dividend Growth Investor

Dividend Growth Investor — Thu, 29 May 2008 12:53:00 +0000

What about KMP, TPP. They are somewhat energy related. I also couldn’t make up my mind about XOM.. Seems a little rich to me..Maybe if it fell below $80..

By: passivefamilyincome

passivefamilyincome — Thu, 29 May 2008 11:47:00 +0000

Very motivating post. I like the thinking of actually taking advantage of the high energy costs by looking for stocks that can help hedge these costs. I look forward to learning more about your findings.

By: Jake (Dividend Investing Blog)

Jake (Dividend Investing Blog) — Thu, 29 May 2008 11:28:00 +0000

Good story. I would recommend looking at a propane company. I recently read an article that indicated people have brand loyalty to propane once they are hooked up.

I ran a stock screen last week and came up with Suburban Propane Partners (SPH). High dividend yield and it has been growing since they started paying it out in 1997. I took a bite.