-
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
Staying with Southeastern Utilities Through the Storms
By
Roger S. Conrad on
Oct. 11, 2018
Already hard-hit areas of the Carolinas braced today for Hurricane Michael while residents of Florida’s Gulf Coast worked to dig themselves out from possibly the worst weather event ever to hit their region.
When Rates Rise It’s Time to Buy
By
Roger S. Conrad on
Oct. 9, 2018
The Dow Jones Utility Average has posted positive returns in 35 Octobers and 38 fourth quarters since 1969. This year, it will try to repeat that with the benchmark 10-year Treasury note yield (TNX) rising to its highest level in seven years.
Powerful DJUA returns in 2009 and 2013 against 70 percent plus increases in the TNX demonstrate dividend-paying stocks can make big money when rates rise. So does the DJUA’s 60 percent return during the previous Federal Reserve tightening cycle in 2004-06, and utilities’ nearly 70 percent since May 1, 2013, when the Fed declared the end of Quantitative Easing.
Rate fears, however, can be a near-term headwind.
Another Chance to Buy MDU Resources
By
Roger S. Conrad on
Oct. 9, 2018
Earlier this year, Aggressive Holding MDU Resources (NYSE: MDU) briefly slipped under our buy target: An overblown response to concern about company guidance, coupled with a general selloff in utilities and energy stocks. Unwarranted concerns about interest rates are a likely catalyst for the stock’s slide since early September.
Another Great Entry Point for Avangrid
By
Roger S. Conrad on
Oct. 9, 2018
In March 2015, we added current Conservative Holding Avangrid Inc’s (NYSE: AGR) predecessor company UIL Holdings, as an Aggressive Holding. Our rationale: UIL was a solid New England utility that would capture a big premium from its proposed merger with Iberdrola SA (Spain: IBE, OTC: IBDRY), and an even fatter return afterward.
Portfolio Strategy: Stocks Not Sectors Are The Right Bet In Q4
By
Roger S. Conrad on
Oct. 9, 2018
So far, 2018 has been a good year for the stock market, interest rates and oil prices for the same reason: An already robust US economy that’s been at least temporarily turbo-charged by massive corporate tax cuts.
Dividend Cuts Caused by Mergers Can Raise Returns
By
Roger S. Conrad on
Oct. 9, 2018
Last month, Dominion Energy (NYSE: D) announced it’s buying the 39 percent of Dominion Midstream (NYSE: DM) it doesn’t already own.
In the September 19 Alert, we noted the offer of 0.2468 D shares per partnership unit equates to a roughly 41 percent distribution cut. We also said Dominion will have to increase that closer to the initial public offering price of $21 per unit to succeed.
Utility Disruptors: Turning Peril to Profit
By
Roger S. Conrad on
Oct. 9, 2018
The demise of General Electric (NYSE: GE) is a shocking reminder that even 100-year-old institutions can face crises that threaten their very survival.
In the century and a half since Edison threw the first switch, not one regulated US provider of electricity has ever gone out of business. That’s a remarkable track record for longevity.
But though the services they provide are essential, even water, electric, heating and communications companies haven’t been immune from life-threatening challenges.
Sticking With Southern After Another Vogtle Deal
By
Roger S. Conrad on
Oct. 8, 2018
Southern Company (NYSE: SO) has reached a deal with its partners to keep building two new nuclear reactors at the Vogtle site in Georgia.
Comcast Wins Sky and Other M&A Activity
By
Roger S. Conrad on
Sep. 25, 2018
Comcast bests Disney in its bid for European entertainment giant Sky: Here's the latest news on this and other current M&A deals.
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
BACK TO TOP