Trip7

Very nice. EPD "dividends"(Return of Capital to be technical) are very nice right now at just under 8%. Nice tax benefits with that too. I also steer clear of downstream as I want the direct exposure to current commodity prices that upstream provides

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Trip7

You're looking at in the wrong place. Focus on the business fundamentals, cashflows, balance sheet then decide for yourself if Mr. Market is presenting a price that give you an opportunity to have a good return on your capital. After evaluating those businesses one can easily come to the conclusion that even if the Russian conflict ends Energy prices will remain elevated compared to 2019 and energy companies will still generate significant free cash flows with high return on invested capital. Which means Mr. Market is irrationally pricing upstream. It's your job as an intelligent investor to take advantage of Mr, Market, who is a certified psychopath.

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SonicFlyer

I think solar is a good thing because of ROI, but it should be market forces, not regulation, that is what moves it's adoption. If I were going to stay in my current house for more than a few years I would probably put solar on it.

Yes, the AI thing will eventually come in to being, but before it has major effects it will be a few decades at least.

First off there will always be a demand for human labor. AI won't be able to do everything.

Secondly though, once AI does start to "take jobs" that frees up a lot of human capital to be able to pursue other higher level things.

OOfff

A true AI will be better at higher level things.

rickair7777

Most likely. We have no idea whatsoever how to make a true AI.

That's a good thing. Consider a human being, with social and biological ties to other humans, including our inherited instincts. That extends beyond even humanity... we tend to like other animals too (mammals at least).

Now consider a malfunctioning human, who has empathy issues... might wind up as an airline CEO, or on the extreme end a physcho killer. But even CEO's and killers have (usually) family and friends.

Now imagine a human-like (or better) intellect with no such inhibitions whatsoever. Imagine it had the ability to upgrade itself, at least with essentially unlimited memory accessible at the speed of light. What are its motives going to be? How might those change over time? Maybe we can program some boundaries in (that was postulated by Asimov when computers barely even existed at all), but we can't really pretend that something that's as smart as us (and with access to much better data handling and processing) would not be able to circumvent such limits.

Many of the sharpest tools in the human shed have expressed grave concerns about the development of generalized AI for that reason. Historical science fiction is full of concepts which were near-fantasy when postulated, but subsequently came to pass. Don't want SkyNet to be one of those.

Trip7

Energy prices remain stable(aside from US Natural Gas). Some big whale is selling off energy for the CHEAP CHEAP. Get some if you can while its on sale.

JustNarced

Oil equities are getting smoked. Last night the Col. who carries Putins football around was assassinated, oil equities drop 5%.

mispoken

I have no position in energy and, as I’ve stated before, valuation is very subjective, so I’m not here to prove or disprove anything. However, if I remove some words and use if & then in your statement I get the following;

-If you look at business fundamentals then you will see that energy prices will remain high, even if the russia/Ukraine conflict ends.

Question; how do energy company business fundamentals predict energy pricing?

From this, one can deduce that energy company fundamentals drive energy prices.

For me, I see many of these companies balance sheets as commodity price driven. So my statement would be as follows;

-If you look at energy prices then you can see why energy company business fundamentals are they way they are.

Now, time for my opinion piece and to play Nostradamus Trip: Energy and it’s proxies, the energy companies are in a bubble, it will come crashing down. There’s still time to get out! (Sound familiar? &#129315

Seriously though, I know nothing, just guessing and making the obvious statement that will absolutely come true some day and I can say I told you so.

As for the “value” portion; if one had scooped up BTU $1.05 in 2020, that sure would have been a sweet investment. Picking it up at $20-ish, not a bad days work.

Still doing what I’ve always done as far as investing goes. Your opportunity to poke fun will be coming soon!

Trip7

The former Colonel who used to carry the foot ball was found with a self inflicted Gunshot wound. Doubtful that is what's moving the market

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Planetrain

[with accent]
Russian TV say fake news. Actually… colonel trip and fall on to bullets.