As a followup to part 1, I will take a look at more natural gas companies that may be good investments for retirement accounts. With oil prices over $100, which is expensive relative to natural gas, and greater domestic natural gas proven researves, there seems to be a move towards greater natural gas use. The following is a list of companies that I am looking at possibly adding to my IRAs.
El Paso Corp. (EP) is a $13.04 billion market cap company. El Paso Corporation operates in the natural gas transmission, and exploration and production sectors of the energy industry primarily in the United States. It offers natural gas transmission services to a range of customers, including natural gas producers, marketers, and end-users, as well as other natural gas transmission, distribution, and electric generation companies through its interests in approximately 42,000 miles of interstate pipeline system
The company was founded in 1928 and is based in Houston, Texas. EP reported 1st quarter 2011 earnings of $0.33 per share on 4/21/11. The next reporting quarter estimated mean earnings are $.32 per share. The low estimate is $.29 and the high is $0.37 per share. The current trailing twelve months P/E ratio is 18.6 (ttm) and the forward P/E ratio is 15.17. The last thing I think is important to look at is what options have the highest volume and offer the best opportunity. If everything else matches up as needed, I will be looking to short put options expiring in June at a strike price of $17, for a price of $0.26 or better.
| Growth Rates % | Company | Industry | S&P 500 |
|---|---|---|---|
| Sales (quarter vs year ago quarter) | -17.50 | 9.40 | 11.90 |
| Net Income (YTD vs YTD) | NA | 1.80 | 20.50 |
| Net Income (quarter vs year ago quarter) | -76.60 | 133.50 | 58.20 |
| Sales (5-Year Annual Avg.) | 6.56 | 9.44 | 7.93 |
| Net Income (5-Year Annual Avg.) | NA | 8.07 | 8.00 |
| Dividends (5-Year Annual Avg.) | -24.21 | 3.61 | 5.26 |
- Rising revenue year-over-year? No, $4.61 for 2010 vs. $4.63 billion for 2009.
- Rising earnings year-over-year? Yes, $758 million for 2010 vs. $-539 million for 2009.
- Rising EBITDA year-over-year? Yes, $1.31 billion for 2010 vs. $-.873 billion for 2009.
- A dividend yield higher than I can earn in a bank account? No, $0.04 is a current yield of 0.2 16%.
- Option trading available for the lowest risk entry possible? Yes.
Kinder Morgan, Inc. (KMI) is a $2.66 billion market cap company. Kinder Morgan Holdco. LLC, through its subsidiary, operates in the pipeline transportation business. What is also interesting about this company is the insider transactions.Knight Holdco, LLC was incorporated in 2006 and is based in New York, New York. KMI reported 1st quarter 2011 earnings of $0.12 per share on 4/20/11. The next reporting quarter estimated mean earnings are $0.26 per share. The low estimate is $0.25 and the high is $0.29 per share. The current trailing twelve months P/E ratio is 800 (ttm) and the forward P/E ratio is 22.76. The last thing I think is important to look at is what options have the highest volume and offer the best opportunity. If everything else matches up as needed, I will be looking to short put options expiring in June at a strike price of $25, for a price of $0.20 or better.
- Rising revenue year-over-year? Yes, $8.19 for 2010 vs. $7.18 billion for 2009.
- Rising earnings year-over-year? No, $-40.6 million for 2010 vs. $494.7 million for 2009.
- Rising EBITDA year-over-year? No, $467.9 million for 2010 vs. $1099.4 million for 2009.
- A dividend yield higher than I can earn in a bank account? Yes, $1.16 is a current yield of 4.14%.
- Option trading available for the lowest risk entry possible? Yes.
Baker Hughes Incorporated (BHI) is a $30.11 billion market cap company. Baker Hughes Incorporated and its subsidiaries supply wellbore related products, and technology services and systems for drilling, formation evaluation, completion and production, and reservoir technology and consulting to the oil and natural gas industry worldwide.The company was founded in 1972 and is headquartered in Houston, Texas. BHI reported 1st quarter 2011 earnings of $0.87 per share on 4/27/11 The next reporting quarter estimated mean earnings are $0.88 per share. The low estimate is $0.79 and the high is $0.94 per share. The current trailing twelve months P/E ratio is 33.63 (ttm) and the forward P/E ratio is 13.24. The last thing I think is important to look at is what options have the highest volume and offer the best opportunity. If everything else matches up as needed, I will be looking to short put options expiring in June at a strike price of $65, for a price of $1.65 or better.
| Growth Rates % | Company | Industry | S&P 500 |
|---|---|---|---|
| Sales (quarter vs year ago quarter) | 78.20 | 111.00 | 11.90 |
| Net Income (YTD vs YTD) | 47.70 | 27.50 | 20.50 |
| Net Income (quarter vs year ago quarter) | 195.30 | 48.40 | 58.20 |
| Sales (5-Year Annual Avg.) | 14.94 | 14.20 | 7.93 |
| Net Income (5-Year Annual Avg.) | -1.47 | 9.29 | 8.00 |
| Dividends (5-Year Annual Avg.) | 4.78 | 7.57 | 5.26 |
- Rising revenue year-over-year? Yes, $14.41 for 2010 vs. $9.66 billion for 2009.
- Rising earnings year-over-year? Yes, $812 million for 2010 vs. $421 million for 2009.
- Rising EBITDA year-over-year? Yes, $1.3 billion for 2010 vs. $.611 billion for 2009.
- A dividend yield higher than I can earn in a bank account? No, $0.60 is a current yield of 0.86%.
- Option trading available for the lowest risk entry possible? Yes.
BP plc (BP) is a $138.7 billion market cap company. BP p.l.c. provides fuel for transportation, energy for heat and light, retail services, and petrochemicals products. Its Exploration and Production segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trading of natural gas, including liquefied natural gas (LNG), and power and natural gas liquids (NGL).The company was founded in 1889 and is headquartered in London, the United Kingdom BP reported 1st quarter 2011 earnings of $1.75 per share on 4/27/11 The next reporting quarter estimated mean earnings are $1.93 per share. The low estimate is $1.61 and the high is $2.12 per share. The current trailing twelve months P/E ratio is N/A (ttm) and the forward P/E ratio is 6.59. The last thing I think is important to look at is what options have the highest volume and offer the best opportunity. If everything else matches up as needed, I will be looking to short put options expiring in June at a strike price of $40, for a price of $0.40 or better.
| Growth Rates % | Company | Industry | S&P 500 |
|---|---|---|---|
| Sales (quarter vs year ago quarter ) | 14.10 | 23.00 | 11.90 |
| Net Income (YTD vs YTD) | NA | 95.60 | 20.50 |
| Net Income (quarter vs year ago quarter) | 29.60 | 32.50 | 58.20 |
| Sales (5-Year Annual Avg.) | 4.70 | 7.50 | 7.93 |
| Net Income (5-Year Annual Avg.) | NA | 1.53 | 8.00 |
| Dividends (5-Year Annual Avg.) | -9.63 | 8.32 | 5.26 |
- Rising revenue year-over-year? Yes, $297.1 for 2010 vs. $239.27 billion for 2009.
- Rising earnings year-over-year? No, $-3.71 million for 2010 vs. $16.57 million for 2009.
- Rising EBITDA year-over-year? No, $-4.82 billion for 2010 vs. $25.12 billion for 2009.
- A dividend yield higher than I can earn in a bank account? Yes, $1.68 is a current yield of 3.8%.
- Option trading available for the lowest risk entry possible? Yes.
Diamond Offshore Drilling, Inc. (DO) is a $9.7 billion market cap company. Diamond Offshore Drilling, Inc. operates as an offshore oil and gas drilling contractor worldwide. The company provides offshore drilling services in the deepwater, harsh environment, conventional semisubmersible, and jack-up markets to independent oil and gas companies and government-owned oil companiesThe company was founded in 1989 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. Key Statistics Company Websites Home Page Search Yahoo! for: More on Diamond Offshore Drilling Inc. DO reported 1st quarter 2011 earnings of $1.73 per share on 4/21/11. The next reporting quarter estimated mean earnings are $1.86 per share. The low estimate is $1.51 and the high is $2.15 per share. The current trailing twelve months P/E ratio is 10.6 (ttm) and the forward P/E ratio is 12.76. The last thing I think is important to look at is what options have the highest volume and offer the best opportunity. If everything else matches up as needed, I will be looking to short put options expiring in June at a strike price of $67.75, for a price of $2.25 or better.
- Rising revenue year-over-year? No, $3.32 for 2010 vs. $3.63 billion for 2009.
- Rising earnings year-over-year? No, $.955 million for 2010 vs. $1.37 million for 2009.
- Rising EBITDA year-over-year? No, $1.34 million for 2010 vs. $1.87 million for 2009.
- A dividend yield higher than I can earn in a bank account? No, $0.50 is a current yield of 0.71%.
- Option trading available for the lowest risk entry possible? Yes.
Ensco plc (ESV) is a $7.82 billion market cap company. Ensco plc, together with its subsidiaries, provides offshore contract drilling services to the oil and gas industry. The company engages in the drilling of offshore oil and natural gas wells by providing its drilling rigs and crews under contracts with international, government-owned, and independent oil and gas companies.Ensco plc was founded in 1975 and is based in London, the United Kingdom. ESV reported 1st quarter 2011 earnings of $0.45 per share on 4/20/11. The next reporting quarter estimated mean earnings are $0.75 per share. The low estimate is $0.59 and the high is $1.04 per share. The current trailing twelve months P/E ratio is 17.12 (ttm) and the forward P/E ratio is 0.12. The last thing I think is important to look at is what options have the highest volume and offer the best opportunity. If everything else matches up as needed, I will be looking to short put options expiring in June at a strike price of $50, for a price of $1.10 or better.
- Rising revenue year-over-year? No, $1.7 for 2010 vs. $1.88 billion for 2009.
- Rising earnings year-over-year? No, $542.1 million for 2010 vs. $750.1 million for 2009.
- Rising EBITDA year-over-year? No, $644.5 million for 2010 vs. $935.2 million for 2009.
- A dividend yield higher than I can earn in a bank account? Yes, $1.4 is a current yield of 2.57%.
- Option trading available for the lowest risk entry possible? Yes.
Halliburton Company (HAL) is a $42.7 billion market cap company. Halliburton Company provides various products and services to the energy industry for the exploration, development, and production of oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation.Halliburton Company was founded in 1919 and is headquartered in Houston, Texas. HAL reported 1st quarter 2011 earnings of $0.61 per share on 4/18/11. The next reporting quarter estimated mean earnings are $0.70 per share. The low estimate is $0.60 and the high is $0.78 per share. The current trailing twelve months P/E ratio is 19.88 (ttm) and the forward P/E ratio is 12.41. The last thing I think is important to look at is what options have the highest volume and offer the best opportunity. If everything else matches up as needed, I will be looking to short put options expiring in June at a strike price of $45, for a price of $1.55 or better.
| Growth Rates % | Company | Industry | S&P 500 |
|---|---|---|---|
| Sales (quarter vs year ago quarter) | 40.40 | 111.00 | 11.90 |
| Net Income (YTD vs YTD) | 142.70 | 27.50 | 20.50 |
| Net Income (quarter vs year ago quarter) | 142.70 | 48.40 | 58.20 |
| Sales (5-Year Annual Avg.) | 12.22 | 14.20 | 7.93 |
| Net Income (5-Year Annual Avg.) | -3.15 | 9.29 | 8.00 |
| Dividends (5-Year Annual Avg.) | 7.57 | 7.57 | 5.26 |
- Rising revenue year-over-year? Yes, $17.97 for 2010 vs. $14.67 billion for 2009.
- Rising earnings year-over-year? Yes, $1.79 million for 2010 vs. $1.15 million for 2009.
- Rising EBITDA year-over-year? Yes, $2.65 million for 2010 vs. $1.68 million for 2009.
- A dividend yield higher than I can earn in a bank account? No, $0.36 is a current yield of 0.77%.
- Option trading available for the lowest risk entry possible? Yes.
United States Natural Gas ETF (UNG) is a $2.3 billion net asset ETF. The investment seeks to replicate the performance, net of expenses, of natural gas. The trust will invest in futures contracts on natural gas traded on the NYMEX that is the near month contract to expire. It is non-diversified.Fund Inception Date: Apr 18, 2007 UNG The next reporting quarter estimated mean earnings are $ per share. The last thing I think is important to look at is what options have the highest volume and offer the best opportunity. If everything else matches up as needed, I will be looking to short put options expiring in June at a strike price of $10, for a price of $0.15 or better. most ETF's and especially leveraged ones are not the ideal vehicle to obtain a financial objective. This fund trades in futures subjecting an investor to management fees that would not be incurred by trading directly the futures contracts.
- Option trading available for the lowest risk entry possible? Yes.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
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