@yasutaketinJun 4, 2026 · 7:19 AM

思いつく代表銘柄を書いておくね。 ・エネルギー、パイプライン、資源株 $CVX $ENB $OKE $COPX $BHP ・設備投資の恩恵を受ける資本財・電力インフラ株 $GEV $ETN $CAT ・値上げしても需要が落ちにくい生活必需品株 $PEP $BTI ・利益成長が金利上昇を上回る高収益テック株 $NVDA $GOOGL $MU ・一部の保険株、銀行株 $CB $JPM

@valuedontlieNov 3, 2025 · 3:08 PM

Increasingly convinced that $OKE trades at an unwarranted discount to C-Corp midstream peer group... https://t.co/7qNQmQ0NzR

@valuedontlieOct 30, 2025 · 6:21 PM

$OKE Large-cap midstream energy co with shares down ~34% YTD vs. KMI -8% and EPD -2%... why? 1) 4 segments - NGLs, nat gas processing, crude products, nat gas pipelines 2) revenue is 90-95% fee-based for services (processing, storage, transport, etc.) 3) during 2023-2024: made a few large acquisitions ($10.8bn cash, 182m / +41% shares issued, $19bn debt assumed) 4) since 2022 (pre-acq)... EBITDA +$4.6bn (i.e. ~9x multiple paid) & op. cash flow +$2.4bn & another ~$150m synergies in '26 5) leverage target is 3.5x (vs. 3.9x currently), mgmt expects to get there by YE26... dividend is biggest piece of cap allocation (yield = ~6% and growing 3-4%/yr) 6) '25 EPS guide ~$5.40 (12.4x) and ~$6 in '26 (11x) vs. peers at 17-19x (that would be >$100/share) 7) why is it cheap? 1) still digesting "transformational" acquisitions; 2) skepticism around '25/'26 guide Need to look at peers (KMI/EPD/ET, etc.), but this is a nice recurring rev biz with reasonable leverage and solid growth outlook (power gen is in growth mode)

@valuedontlieOct 26, 2025 · 7:10 PM

Looking at $OKE for tomorrow's quick value (inspired by this @FishtownCap post) It's free at VDL