The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
EEP: Ignore the Noise
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JOHN EDWARDS, Morgan Keegan
(10/18/2010)
"Lines 6A and 6B are up and running: Now that both of the Enbridge Energy Partners' (EEP) pipelines have been repaired and returned to service, we are assessing the ultimate impact of the twin ruptures. Assuming $400M one-time charge in Q3: We are assuming that EEP will take a one-time charge of approximately $400M to cover the cleanup costs associated with the Marshall, MI and Romeoville, IL oil spills. We are modeling that EEP gets reimbursed for $390M ($10M in deductibles) in Q111. Ignore the noise: Though it was ignored in the hoopla of the oil spills, we believe that EEP's Elk City acquisition and commitment to a Bakken Expansion were extremely positive developments. We are raising our price target by $4 to $66. Adding $4.16/unit of distributions results in a total return potential of 14%-22%." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >