With Nymex data showing oil traders' collective sentiment has turned markedly toward the bullish, it's time to go along for the ride.
Energy report helps provide bullish spark.
What needs to happen to get fund managers to start buying.
Symposium features gathering of a hot group.
The most recent short interest data was recently released by the NASDAQ for the 02/27/2015 settlement date, and Miller Energy Resources, Inc. is one of the most shorted stocks of the Russell 3000, based on 14.00 "days to cover" versus the median component at 5.59.
Goodrich Petroleum's gutsy move pays off.
Preferred shares can have impressive returns.
In trading on Tuesday, shares of Miller Energy Resources, Inc.'s 10.5% Series D Fixed Rate/Floating Rate Cumulative Redeemable Preferred Stock were yielding above the 17% mark based on its quarterly dividend (annualized to $2.625), with shares changing hands as low as $15.25 on the day. This compares to an average yield of 15.24% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred Stock Channel.
Elevated yields pay off -- and quickly.
Shares of Miller Energy Resources (MILL) are up as oil prices climbed on Monday, adding to Friday's powerful rally.
When declaring a dividend, it's all in the timing.
The most recent short interest data was recently released by the NASDAQ for the 11/28/2014 settlement date, and Miller Energy Resources, Inc. is one of the most shorted stocks of the Russell 3000, based on 16.60 "days to cover" versus the median component at 6.85.
Stocks with insider trader activity include RNET, TSRA and MILL
Trade-Ideas LLC identified Miller Energy Resources (MILL) as a strong on high relative volume candidate
Stocks with insider trader activity include MILL, ARO and BSQR
When yields are over 20% in companies I believe in, I'm buying.
Stocks with insider trader activity include MILL, TPX and HCN
In trading on Tuesday, shares of Miller Energy Resources, Inc.'s 10.75% Series C Cumulative Redeemable Preferred Stock were yielding above the 12% mark based on its quarterly dividend (annualized to $2.6875), with shares changing hands as low as $22.03 on the day. This compares to an average yield of 9.50% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred Stock Channel.
In trading on Wednesday, shares of Miller Energy Resources, Inc.'s 10.5% Series D Fixed Rate/Floating Rate Cumulative Redeemable Preferred Stock were yielding above the 11.5% mark based on its quarterly dividend (annualized to $2.625), with shares changing hands as low as $22.54 on the day. This compares to an average yield of 9.28% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred Stock Channel.
The company has two supporting strengths.
I have created a portfolio of eight energy company preferred stocks.
I took an up-close look, and I am in.
Investors in Miller Energy Resources, Inc. saw new options begin trading this week, for the May 2015 expiration.
Floating rate or fixed-to-float securities are hedge against inflation.
The most recent short interest data was recently released by the NASDAQ for the 08/29/2014 settlement date, and Miller Energy Resources, Inc. is one of the most shorted stocks of the Russell 3000, based on 24.81 "days to cover" versus the median component at 7.91.
The numbers speak for themselves in this energy value play.
In trading on Wednesday, shares of Miller Energy Resources, Inc.'s 10.75% Series C Cumulative Redeemable Preferred Stock were yielding above the 10.5% mark based on its quarterly dividend (annualized to $2.6875), with shares changing hands as low as $25.42 on the day. This compares to an average yield of 8.14% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred Stock Channel.
I'll be meeting with managers of many of the names in my portfolios next week.
