El Paso Corp

  • Noble: A Solid Play in Energy

    By Bobby Fisher - April 27, 2012 | Tickers: CVX, EP.DL, FSLR, MRO, NBL

    I'm sure many people are skeptical of energy stocks, given the turbulent nature of the sector, as of late. In the midst of all of the turmoil, however, Noble Energy (NYSE: NBL) has been one of a few shining stars and for good reason.

    I don't think the good fortune is mere luck, as strategic drilling for resources and shrewd planning has led to a veritable windfall for more »

  • Most Popular Energy Stocks among Hedge Funds

    By Meena Krishnamsetty - March 12, 2012 | Tickers: BP, EP.DL, XOM, HAL, OXY

    Hedge funds usually devote significant resources in researching stocks. In order to get a thorough understanding of a stock, they do many things that ordinary investors don’t have the time and resources to do. For example, equity analysts sometimes conduct on-site visits to companies they study and build up close relationships with management teams. As a result, hedge funds sometimes have access to borderline material non-public information and some more »

  • Billionaire James Dinan’s Top Stock Picks

    By Meena Krishnamsetty - February 27, 2012 | Tickers: C, EP.DL, XOM, GR, WMB

    James Dinan began his career at investment bank Donaldson, Lufkin & Jenrette, working 100 hours per week. In 1991, he founded York Capital Management with about $3.6 million from DLJ colleagues and today serves as the CEO of the firm, which specializes in merger and acquisition transactions. In 1993, Dinan invested about $600,000, 5% of York’s AUM at that time, in Sears (SHLD). He successfully doubled his money more »

  • Billionaire Carl Icahn’s Top Stock Picks

    By Meena Krishnamsetty - February 24, 2012 | Tickers: EP.DL, FDML, IEP, MMI

    Carl Icahn is a legendary corporate raider. He started his career on Wall Street in 1961. Seven years later, he formed Icahn & Co, a securities firm focusing on risk arbitrage and options trading. In 2007, he founded Icahn Capital LP, an investment arm of Icahn Enterprises LP (NASDAQ: IEP). Icahn announced in March 2011 that he would be returning outside investors’ money, which was worth about $1.76 billion, saying more »

  • Billionaire Leon Cooperman's Top Stock Picks

    By Meena Krishnamsetty - February 22, 2012 | Tickers: APL, EP.DL, LINE, MHFI, SLM

    Leon Cooperman is the chairman and CEO of Omega Advisors, a hedge fund with approximately $6 billion in assets under management. Prior to founding Omega in 1991, Cooperman was the chairman and CEO of Goldman Sachs Asset Management. According to Forbes, Cooperman is the 242th richest American with a net worth of $1.8 billion.

    Recently, Omega Advisors released its latest holdings in a 13F filing. Let’s take a more »

  • Activist Dan Loeb’s Top Stock Picks

    By Meena Krishnamsetty - February 21, 2012 | Tickers: EP.DL, KRFT, SLE, WMB, YHOO

    Using an activist value-oriented investing style, Dan Loeb has enjoyed tremendous success since he founded Third Point in 1995. Loeb’s flagship fund returned 41.7% in 2010. Last year was less than stellar for Third Point, but it still managed to roughly break even, which is pretty good considering that the average hedge fund lost around 4% that year. And the size of his portfolio actually increased during the more »

  • Activist Hedge Fund Jana Partners’ Bold Bets

    By Meena Krishnamsetty - February 20, 2012 | Tickers: EP.DL, MPC, MHFI, PSO, VLO

    Barry Rosenstein founded Jana Partners in 2001 and adopted the tagline, “Ignore the crowd” – a sentiment that can be easily seen in the firm’s management. Rosenstein uses a value-oriented, event-driven investment style. Sometimes he bets on the jockey, other times the horse, but he frequently comes out a winner.

    In 2007, Jana Partners returned just 7.9%, followed by a 23.4% loss for 2008. The fund was able more »

  • Three Mergers You Could Bet On

    By Meena Krishnamsetty - February 17, 2012 | Tickers: EP.DL, GR, KMI, OI, UTX

    Tom Steyer is the founder and co-senior managing partner of Farallon Capital Management LLC. The main investors of the fund are college endowments and foundations. Founded in 1986, Farallon is now the 14th largest hedge fund in the world with about $20 billion assets and eight offices worldwide. We like Steyer. He is not only a successful money manager, but also a great philanthropist. In 2010, Steyer and his wife more »

  • Diversification the Right Way- Part II

    By Justin Carley - January 5, 2012 | Tickers: AAPL, COG, EP.DL, FSLR, MWW

    Yesterday I wrote a piece on diversification, not by sector, but by the stock's previous calendar year return.  I suggested that by investing in a four stock portfolio comprised of the two best performing S&P 500 stocks and the two worst performing stocks from the previous calendar year, and holding them for one year, that you could do better than the S&P 500.  Employing such a strategy over the last three years would have resulted in a 131% 3-year cumulative return versus 48% for the S&P 500.  Those results are quite staggering and I wanted to do a more in-depth look at the strategy and see how it fared in other years and down markets, especially.

  • Price The Market Part 24

    By Glen Bradford - January 4, 2012 | Tickers: DNR, DVN, DO, EP.DL, EOG, BAXS

    Hello and welcome to my journey of pricing the entire S&P500. Frankly, it surprises me that more people haven't figured out that this is something worth doing. But then again, I'm a crazy person.

    126. Denbury Resources (NYSE: DNR) got destroyed back in 2008 and 2009. Of course here comes Barclays Capital with their price target that roughly doubles the current stock price. I sometimes think that more »

  • Diversification the Right Way

    By Justin Carley - January 4, 2012 | Tickers: BMO, COG, CMI, DF, EP.DL, FDO, FSLR, HRB, HBAN, MWW, THC, WYNN, XL

    There are generally two schools of thought when it comes to investing; the trend is your friend and mean reversion.  Some investors only want to buy stocks at a 52-week low and others when the stock is breaking to a new high.  With the beginning of the year full of stock picks and forecasts, I propose a four stock portfolio comprised of the top two stocks in the S&P 500 over the previous calendar year and the two worst stocks in the S&P 500.  I back tested for just the past three years, but the results are pretty remarkable; 100% success in beating the Index and an average return of 32.8% versus 14.5% for the S&P 500.

  • Kinder Morgan and El Paso Merger - A Double Opportunity.

    By Nikhil Shamapant - December 13, 2011 | Tickers: EP.DL, EPB, KMI

    This is a part of my, Behind the Curtain: Special Situations for Explosive Returns, series.

    Understanding The Businesses: Kinder Morgan (NYSE: KMI), and El Paso Corporation (UNKNOWN: EP.DL)

    Excerpt from Kinder Morgan Website:

    “Kinder Morgan is the leading transporter and marketer of carbon dioxide in North America.  We deliver approximately 1.3 billion cubic feet per day of CO2 through about 1,300 miles of pipelines. We are also the more »