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Roger S. Conrad needs no introduction to individual and professional investors, many of whom have profited from his decades of experience uncovering the best dividend-paying stocks for accumulating sustainable wealth.

Roger built his reputation with Utility Forecaster, a publication he founded more than 20 years ago that The Hulbert Financial Digest routinely ranked as one of the best investment newsletters. He’s also a sought-after expert on master limited partnerships (MLP) and former Canadian royalty trusts.

In April 2013, Roger reunited with his long-time friend and colleague, Elliott Gue, becoming co-editor of Energy & Income Advisor, a semimonthly online newsletter that’s dedicated to uncovering the most profitable opportunities in the energy sector.

Although the masthead may have changed, readers can count on Roger to deliver the same high-quality analysis and rational assessment of the best dividend-paying utilities, MLPs and dividend-paying Canadian energy names.

Articles

AT&T Inc: The Blessing of Low Expectations

By Roger S. Conrad on Jul. 19, 2018
The message from the U.S. Department of Justice to the merger-manic communications and media business? "Slow your roll."

The Scoop on AT&T, Dominion and Upcoming Earnings

By Roger S. Conrad on Jul. 15, 2018
Since the July 4 holiday, there's been no shortage of potential catalysts for significant market upside or downside. However, nothing has happened to shift the cautiously optimistic view we reiterated in the July issue of Conrad's Utility Investor.

Keep an Eye on November Elections

By Roger S. Conrad on Jul. 4, 2018
For most people, November elections are about which party will control the House of Representatives and the US Senate. That’s important. But for regulated utilities, the most critical outcomes are always the state and local races.

What To Expect in Second Half 2018

By Roger S. Conrad on Jul. 3, 2018
First half 2018 is in the books. Like the broad stock market, CUI Portfolio and coverage universe stocks experienced a great deal of sound and fury, most of which amounted to very little. The feature article highlights key trends for the nine sub-sectors represented in the Utility Report Card, and updates performance of the picks and pans from the January issue. Portfolio Update analyzes the basically flat showing of our Conservative, Aggressive and Top 10 DRIPs recommendations. Considering last year’s strong gains and the general market turmoil so far in 2018, breakeven isn’t a particularly poor result. We’ve also taken advantage of volatility to add high quality companies to the Portfolios at good prices: Comcast Corp (NSDQ: CMCSA), Sempra Energy (NYSE: SRE) and TerraForm Power (NSDQ: TERP). This month’s featured stocks AT&T Inc (NYSE: T) and Telefonica SA (Spain: TEF, NYSE: TEF) present an equally compelling opportunity to buy low. And like the above trio, they offer big potential second half gains, as headwinds depressing returns lose their force. Each is likely to get a boost sometime in the next several weeks after releasing solid second quarter results and guidance. And I’ll recap highlights and share my analysis in Utility Report Card as they report. Utility investors are also going to want to watch approaching November 2018 elections. Media focus will be on the battle for control of Congress. But as always, state results are what’s critical for our coverage universe. That’s because governors and state legislatures make the laws and appoint the regulators who set utilities’ investment and returns.

Telefonica: Deep Value Returning to Growth

By Roger S. Conrad on Jul. 3, 2018
Shares of Aggressive Holding Telefonica SA (Spain: TEF, NYSE: TEF) have been hit this year by a weakened Euro/US dollar exchange rate and concern about the health of emerging markets. The company garners roughly half its revenue from South America, including Brazil.

AT&T: Merging Network with Media

By Roger S. Conrad on Jul. 3, 2018
AT&T Inc’s (NYSE: T) court victory over the U.S. Department of Justice last month was as complete as any anti-trust ruling in memory. In fact, Judge Richard Leon actually warned government lawyers not to appeal and face certain failure.

Picking Your Spots in Choppy Times

By Roger S. Conrad on Jul. 3, 2018
We’re at the halfway mark for 2018. And so far, it’s been an almost completely flat performance for the CUI model portfolios. Including dividends, our Conservative Holdings are lower by -2.2 percent. Aggressive Holdings are underwater by -1.5 percent and the Top 10 DRIPs are down by -1.2 percent.

SCANA Cuts, Who’s Next?

By Roger S. Conrad on Jul. 3, 2018
SCANA Corp (NYSE: SCG) will cut its quarterly dividend to 12.37 cents a share starting with the July 18 payment. The -79.8 percent reduction is in response to the South Carolina state legislature, which last week passed a bill reducing the 18 percent rate hike to pay for the cancelled Summer nuclear plant to 3.2 percent.

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ABOUT ROGER CONRAD

Roger S. Conrad needs no introduction to individual and professional investors, many of whom have profited from his decades of experience uncovering the best dividend-paying stocks for accumulating sustainable wealth. Roger b