Baby R2R

Hi all,

I wanted to announce that last week my wife and I welcomed a baby girl in our family. Both mother and baby are doing great and I couldn’t be happier 🙂 As first time parents, we have a lot of learning and adapting to do with our day-to-day lifestyle. Regular followers will see decreased activity on the blog and social media accounts as I will be spending more time away from the screen in the coming days.

Normal service should resume in a couple of weeks 🙂

cheers

R2R

 

Are Petrol Stocks Still A Good Investment?

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The following is a guest post by Elvie Mason

As the price of oil plunges to its lowest in 12-years, dropping below $27 a barrel at the start of the year, investors are fearing for the stability of their petrol stocks. Although its market has gained some momentum recently, it’s still hasn’t returned to its normal state.

Consumers may have enjoyed the bargains brought about by the low prices of petrol, but is it an indicator that oil stocks will also likely be reduced to bargain prices in the near future? And if so, should we fill our portfolio with petrol investments while it’s at its lowest price point?

Oil stocks that matter
If you are in search of stocks that you can “buy low,” then the petrol sector warrants some attention. Many companies have seen a significant decline and rise in stocks over the past six months, such as:

  • Energy Select Sector SPDR – declined about 21%
  • S&P 500 – increased by nearly 5%
  • Exxon Mobil
  • Chevron
  • Schlumberger
  • SPDR S&P Oil & Gas Exploration Production ETF – fell by over 41%

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Chatter Around the World – 145

Chatter Around the World is a curated weekly update of articles related to economics, investing, dividends and personal finance. In these weekly updates, I also capture my blog updates and news related to my portfolio holdings.

How the Recession Reshaped the Economy

How the Recession Reshaped the Economy

Let’s dive into the links that caught my attention this week.

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Recent Sell – Chevron Corp

Chevron Small

Another week and another sale. I cant remember when I had back-to-back sales in my portfolio. Like I’ve mentioned in the past, I normally do not like to sell and prefer holding shares forever. But sometimes you just have to face the reality and pull the trigger on some companies.

Yesterday, I decided to sell and close our position in Chevron Corp (CVX). Chevron is still one of the largest oil & gas companies in the world and own immense assets across the world. But as oil prices have collapsed and have stayed depressed for almost two years now, the low prices have resulted in the company taking some eyebrow-raising moves. First, Chevron resorted to cutting its buyback program (I’ve always remained critical of stock buybacks. Companies, no different than retail traders driven by emotion, buy when stock is expensive and terminate such programs when the stock is cheap) and more recently has resorted all sorts of financial engineering to prop up its books.

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NextEra Energy Dividend Stock Analysis

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NextEra Energy Inc. (NEE) through its subsidiaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2015, it served approximately 9.5 million people.

By far the biggest reason why NextEra Energy attracts investors is due to its exposure to the renewable energy space. It is one of the largest, if not the largest, wind and solar energy producer. As such, the company attracts investments looking to get in on this space early on. The company is usually also included in clean energy indexes such as NYSE Bloomberg Americas Clean Energy Index. The energy industry is changing rapidly as solar and wind continue on their exponential growth trajectory. I shared some thoughts on the changing landscape of the energy sector and how investors need to think and invest in this article.

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