Veresen Inc

VSN-T

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Analysis and Opinions about VSN-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
October 12, 2012

Last time he was on he had it as a Top Short. Fundamentals are pretty weak. The market believes the dividend is going to be cut.

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Veresen Inc (VSN-T)
October 12, 2012

Last time he was on he had it as a Top Short. Fundamentals are pretty weak. The market believes the dividend is going to be cut.

HOLD
HOLD
October 10, 2012

Payout ratio is in the high 70s but thinks the payout is safe in the near term. Lowered their cash flow growth estimates a few times this year and disappointed a few people that way. They own half the Alliance Pipeline and have a gas plant in the Chicago area. 7.9% yield but doesn’t expect you will see a lot of growth in the near-term.

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Veresen Inc (VSN-T)
October 10, 2012

Payout ratio is in the high 70s but thinks the payout is safe in the near term. Lowered their cash flow growth estimates a few times this year and disappointed a few people that way. They own half the Alliance Pipeline and have a gas plant in the Chicago area. 7.9% yield but doesn’t expect you will see a lot of growth in the near-term.

TOP PICK
TOP PICK
August 31, 2012

TOP SHORT Quality of the dividend looks sort of weak right now. Recovering a bit but not as much as it should. You buy it back about $13.50. It is also paying a dividend and you have to keep this in mind if you Short it. Hopefully you’ll see a drop a couple of dollars in the next 3-6 months.

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Veresen Inc (VSN-T)
August 31, 2012

TOP SHORT Quality of the dividend looks sort of weak right now. Recovering a bit but not as much as it should. You buy it back about $13.50. It is also paying a dividend and you have to keep this in mind if you Short it. Hopefully you’ll see a drop a couple of dollars in the next 3-6 months.

COMMENT
COMMENT
August 24, 2012

Recently sold his holdings as he is not sure they will be able to hold their dividend where it is.

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Veresen Inc (VSN-T)
August 24, 2012

Recently sold his holdings as he is not sure they will be able to hold their dividend where it is.

DON'T BUY
DON'T BUY
August 23, 2012

Sold it earlier this year. Prefers Pembina and Altagas. Pipeline is steady revenue stream but coming to the end of its contract period. Lots of softness in Nat Gas liquids pricing. They make a lot of money in price spreads between liquid and non-liquids. That has been reducing recently.

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Veresen Inc (VSN-T)
August 23, 2012

Sold it earlier this year. Prefers Pembina and Altagas. Pipeline is steady revenue stream but coming to the end of its contract period. Lots of softness in Nat Gas liquids pricing. They make a lot of money in price spreads between liquid and non-liquids. That has been reducing recently.

COMMENT
COMMENT
July 11, 2012
Pays a high dividend (8%) but is in good condition to continue paying. The play in NGL liquids is a long term structural play. Thinks this will do well as the volumes continue to increase over time. (He has a very small position.)
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Veresen Inc (VSN-T)
July 11, 2012
Pays a high dividend (8%) but is in good condition to continue paying. The play in NGL liquids is a long term structural play. Thinks this will do well as the volumes continue to increase over time. (He has a very small position.)
DON'T BUY
DON'T BUY
June 13, 2012
(Market Call Minute.) Doesn't like it. Worries a lot about the dividend.
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Veresen Inc (VSN-T)
June 13, 2012
(Market Call Minute.) Doesn't like it. Worries a lot about the dividend.
TOP PICK
TOP PICK
February 29, 2012
VSN.PR.A 4.40 % Series A. A little lower yield but really likes the story.
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Veresen Inc (VSN-T)
February 29, 2012
VSN.PR.A 4.40 % Series A. A little lower yield but really likes the story.
DON'T BUY
DON'T BUY
February 24, 2012
Has been paring back exposure to energy infrastructure in favour of more growth oriented E&P names. Feels dividend is stable on this one but wouldn't expect dividend increases over time. An uncertainty here is the re-contracting business on Alliance that is going to take place in 2015.
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Veresen Inc (VSN-T)
February 24, 2012
Has been paring back exposure to energy infrastructure in favour of more growth oriented E&P names. Feels dividend is stable on this one but wouldn't expect dividend increases over time. An uncertainty here is the re-contracting business on Alliance that is going to take place in 2015.
HOLD
HOLD
February 16, 2012
Continues to like the mid-stream sector. Primary concern is that there might be less volume flowing through pipelines. Have until 2015 to book up the pipeline.
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Veresen Inc (VSN-T)
February 16, 2012
Continues to like the mid-stream sector. Primary concern is that there might be less volume flowing through pipelines. Have until 2015 to book up the pipeline.
Andy Nasr

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Price
$15.510
Owned
Unknown
BUY
BUY
January 5, 2012
(Market Call Minute.) Midstream energy asset. Pipeline.
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Veresen Inc (VSN-T)
January 5, 2012
(Market Call Minute.) Midstream energy asset. Pipeline.
HOLD
HOLD
December 23, 2011
Few better places that he would recommend then this one, principally because of their 50% ownership stake in Alliance Pipeline that goes into Chicago. A lot of the issues revolve around whether they will be able to re-contract Aux Sable, the fractionation plant at the same rate, when their contracts roll over in next year.
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Veresen Inc (VSN-T)
December 23, 2011
Few better places that he would recommend then this one, principally because of their 50% ownership stake in Alliance Pipeline that goes into Chicago. A lot of the issues revolve around whether they will be able to re-contract Aux Sable, the fractionation plant at the same rate, when their contracts roll over in next year.
COMMENT
COMMENT
November 29, 2011
Best known for its 50% interest in the Alliance pipeline and much of the liquid rich gas that has been typically transported to south of Chicago, is being diverted to other processors. Several contracts coming up for renewal in the next 2 years that pose some risk to this company. Feels there might be better names. 7% yield. (See Top Picks.)
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Veresen Inc (VSN-T)
November 29, 2011
Best known for its 50% interest in the Alliance pipeline and much of the liquid rich gas that has been typically transported to south of Chicago, is being diverted to other processors. Several contracts coming up for renewal in the next 2 years that pose some risk to this company. Feels there might be better names. 7% yield. (See Top Picks.)
BUY
BUY
November 24, 2011
Excellent utility company. The kind of name you want to own when times are tough. Fantastic dividend of nearly 7%. Relatively stable.
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Veresen Inc (VSN-T)
November 24, 2011
Excellent utility company. The kind of name you want to own when times are tough. Fantastic dividend of nearly 7%. Relatively stable.
BUY
BUY
October 14, 2011
Good-looking chart with good volume. Nice upward trend in very close to a new high. If the trend continues it could hit $16-$17 before year-end. He would use a 100 day moving average as a Stop, which is $13.81.
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Veresen Inc (VSN-T)
October 14, 2011
Good-looking chart with good volume. Nice upward trend in very close to a new high. If the trend continues it could hit $16-$17 before year-end. He would use a 100 day moving average as a Stop, which is $13.81.
Showing 121 to 135 of 245 entries