User Tools

Site Tools


info:finance:gst-a_february_2012

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
info:finance:gst-a_february_2012 [2012/02/01 18:55] tomgeeinfo:finance:gst-a_february_2012 [2012/02/01 18:55] (current) tomgee
Line 24: Line 24:
  GST-A  pays .17969 monthly for a yearly payout of  $2.15625 or about 11.05% yield.  I believe the tax rate if held in a taxable account is still qualified, that would be 15% for now.   ZACKS.COM rates GST as a "buy"  With all of this said, please don't interpret this as any kind of a recommendation, it's not.  Just a "heads up" of something we & lots of others in our group like a lot.  I would suggest anyone who's remotely interested study their website & review all the links.      Ron   GST-A  pays .17969 monthly for a yearly payout of  $2.15625 or about 11.05% yield.  I believe the tax rate if held in a taxable account is still qualified, that would be 15% for now.   ZACKS.COM rates GST as a "buy"  With all of this said, please don't interpret this as any kind of a recommendation, it's not.  Just a "heads up" of something we & lots of others in our group like a lot.  I would suggest anyone who's remotely interested study their website & review all the links.      Ron 
  
 +
 +----
  
 vGastar Exploration (GST) is a natural gas and oil company focused on the U.S. The company acquires, explores and develops deep structural reserves. It holds leases on over 120,000 gross acres as well as a 40% non-operated working interest in a 43,400 acre parcel in the Powder River Basin. GST opened trading December 12 at $3.33 a share with a one-year target estimate of $5.43. Unlike a lot of other oil and gas companies, GST does not offer a dividend, but its strong upside makes up for it. GST is priced at 13.12 times its forward earnings. It has much lower quarterly revenue growth than DVN or XOM at just 10.80%, but the company has practically no debt. It also has a beta around 0.82, meaning it is much less volatile than the market in general. Pickens upped his stake in GST by almost 5% in the third quarter, bringing his total position in the company to 1.26M shares – a value of $3.78M or 3.27% of his total portfolio. It was the only position that Pickens increased during the third quarter. GST is also a favorite of Paul Reeder and Ed Shapiro’s Par Capital Management.\\ vGastar Exploration (GST) is a natural gas and oil company focused on the U.S. The company acquires, explores and develops deep structural reserves. It holds leases on over 120,000 gross acres as well as a 40% non-operated working interest in a 43,400 acre parcel in the Powder River Basin. GST opened trading December 12 at $3.33 a share with a one-year target estimate of $5.43. Unlike a lot of other oil and gas companies, GST does not offer a dividend, but its strong upside makes up for it. GST is priced at 13.12 times its forward earnings. It has much lower quarterly revenue growth than DVN or XOM at just 10.80%, but the company has practically no debt. It also has a beta around 0.82, meaning it is much less volatile than the market in general. Pickens upped his stake in GST by almost 5% in the third quarter, bringing his total position in the company to 1.26M shares – a value of $3.78M or 3.27% of his total portfolio. It was the only position that Pickens increased during the third quarter. GST is also a favorite of Paul Reeder and Ed Shapiro’s Par Capital Management.\\
info/finance/gst-a_february_2012.1328140511.txt.gz · Last modified: 2012/02/01 18:55 by tomgee