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Roger S. 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 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
Southern Company’s Dream Deferred: Does Nuclear Have A Future?
By
Roger S. Conrad on
Feb. 22, 2023
Southern Company (NYSE: SO) has deflated investor hopes yet again, announcing it would postpone the startup of the first of two nuclear reactors under construction at the Vogtle site in Georgia.
Four More Report Q4: Here’s What You Need to Know
By
Roger S. Conrad on
Feb. 15, 2023
Four more Conrad’s Utility Investor portfolio companies have now reported their Q4 results and updated guidance and all of them generally affirmed longer-term earnings growth guidance.
The Best Surprise is None for 2023 Guidance
By
Roger S. Conrad on
Feb. 11, 2023
Thursday, I posted the February issue of Conrad’s Utility Investor. Since then, a trio of portfolio companies have reported Q4 results and updated their 2023 guidance. The best news for all three recommendations was a lack of meaningful surprises.
Looking Abroad for Utility Values
By
Roger S. Conrad on
Feb. 9, 2023
The S&P 500’s nearly 9 percent year-to-date return and the resilient labor market are raising hopes the US will avoid a recession and deeper slide for stocks this year. I’m not entirely convinced.
Inflation remains untamed and the Federal Reserve will keep pushing interest rates higher to rein it in. And Q1 results we’ve seen so far show pressure on earnings, including some essential services companies.
America Movil: High Percentage Bet on Emerging Markets with a Big Dividend
By
Roger S. Conrad on
Feb. 9, 2023
Mexico’s Peso is up almost 9 percent against the US dollar since the beginning of 2022. That’s as the US Dollar Index (DXY) is up 8 percent, and has gained even more against the Euro and other developed world currencies. The Peso’s strength has made Aggressive Holding America Movil (Mexico: AMXL, NYSE: AMX) a sector outperformer over the past year.
TC Energy: Quality Infrastructure on the Cheap
By
Roger S. Conrad on
Feb. 9, 2023
Major infrastructure projects are vulnerable to big cost increases in inflationary times. So while disappointing, TC Energy’s (TSX: TRP, NYSE: TRP) announcement this month of a 30 percent increase in construction costs for its Coastal GasLink natural gas pipeline is hardly surprising.
Seven Takeaways from 2023’s Grand Opening
By
Roger S. Conrad on
Feb. 9, 2023
There’s nothing like a solid start to the year to get investors excited for what’s to come. Some use January’s results as a benchmark, others the first six weeks of the year. But whatever the gauge, at this point it looks like the S&P 500 is off to one of its better beginnings in 2023.
More Cuts Highlights Dividend Danger in 2023
By
Roger S. Conrad on
Feb. 9, 2023
Two Utility Report Card companies have cut dividends so far in 2023. Highlighted in the January 12 update “Algonquin Re-Sets: What’s Next,” combination utility and renewable energy producer Algonquin Power & Utilities’ (TSX: AQN, NYSE: AQN) is cutting its common stock dividend by -40 percent to 10.85 cents per share.
Hunting Outsized Gains On Other Shores
By
Roger S. Conrad on
Feb. 9, 2023
It’s been a difficult last few years for US investors to make real money in non-US stocks. One big reason is the US dollar, the strength of which has taken a big bite out of the US dollar value of foreign investments’ dividends and principal.
MODEL PORTFOLIOS & RATINGS
Aggressive Income Portfolio
Roger's favorite utilities for investors seeking superior price appreciation by taking calculated risks.
Conservative Income Portfolio
Harness the tried and true wealth-building power of rising dividends.
Top 10 DRIPs
Nothing compounds wealth like reinvesting a rising stream of dividends.
Endangered Dividends List
Warning: Falling Dividends.
Utility Report Card
Roger's current take and vital statistics on more than 200 essential-services stocks.
Conrad's Utility Investor
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