Commodities
Atlas Pipeline Partners plans to deleverage
I just went through the quarterly conference call for Atlas Pipeline Partners (APL: 14.3492 +0.0092 +0.06%) and the news is encouraging. First, I will state that the current market mentality does not reward companies that are able to continue to prosper or are working to improve their results in the current economic environment. I am [...]
Terra Industries finishes 2008 with record year
Terra Industries – Terra Industries Inc. Investor Information.
Terra Industries Inc. (TRA: 46.15 +0.09 +0.20%) has reported 2008 4th quarter and full year results and the recent past was very good for the company. I will take a quick look at how they did and try to make a guess on what the future will bring.
First, [...]
South American Drought: Will commodities be affected?
The Associated Press: Cowskulls and dust: Drought grips Argentina.
Harvest season will start in a month or so for the major South American agricultural areas in Brazil, Argentina and Uruguay. Unfortunately, for many of the farmers there will not be much to harvest. There has been no rain in much of the region for all of [...]
Will oil traders get squeezed?
Oil falls below $34 ahead of Feb contract expiry: Financial News – Yahoo! Finance.
I found the article linked above very interesting and thought provoking. The main point of the story is that oil traders are dumping their near term contracts because they have no where to store the oil. Since reading this article this morning [...]
Buyout bid of Terra Industries sucks!
Note: I wrote this article last Friday and somehow forgot to hit the publish button, my apologies.
Terra Industries weighs $2.1B takeover bid: Financial News – Yahoo! Finance.
This bid by CF Industries (CF: 96.17 -0.21 -0.22%) sucks for Terra Industries (TRA: 46.15 +0.09 +0.20%) shareholders. I think the stock is grossly undervalued. I wrote here that [...]
