|Day Low/High||74.25 / 76.19|
|52 Wk Low/High||57.79 / 90.89|
With land sale, Goodrich is now covered for at least 12 months.
Expect both E&Ps to have the necessary liquidity for their next preferred payouts.
And it's not the commodity prices themselves that drive my belief.
I have created a portfolio of eight energy company preferred stocks.
Consider Verizon, Royal Dutch, Kinder Morgan, Ventas and Dominion.
Policymakers may pay generators to hold on to nuclear and upgrade coal.
Despite geopolitical troubles, North America is essentially energy independent.
Despite production misses, I still like the preferred shares of Miller and Torchlight.
The region is low on natural resources, power plants and transmission lines.
Utilities, technology and energy outperformed, but are unlikely to keep it up.
Enthusiasts are lining up on one side, and fundamental investors on the other.
A merger would make sense, but it would have to clear some high hurdles.
I have only heard fear mongering and anti-historical diatribes.