Transocean Ltd. (RIG) Annual Valuation – 2014
Transocean is not suitable for either the Defensive Investor or the Enterprising Investor. The Defensive Investor has major concerns with the lack of earnings stability or growth over the last ten years, the lack of a strong dividend record, and the high PEmg ratio.
Kinder Morgan Inc. (KMI) Annual Valuation – 2014
Kinder Morgan does not have a long enough operating history as a publicly traded company to qualify for either the Defensive Investor or the Enterprising Investor; however, it is still useful for value investors to take a brief look at the company and keep it on the radar for the future.
Hess Corporation (HESS) Quarterly Valuation – May 2014
Hess Corp is suitable for both Defensive Investors and Enterprising Investors. The Defensive Investor’s only concern is the low current ratio, and while the Enterprising Investor is concerned about the level of debt relative to current assets, since the company qualifies for Defensive Investors, it by default also qualifies for Enterprising Investors.
Valero Energy Corp (VLO) Annual Valuation – 2014
Valero Energy Corp does not qualify for either the Defensive Investor or the Enterprising Investor. The company’s current ratio is too low and there has been insufficient earnings stability or growth over the ten year historical period for the Defensive Investor.
Noble Corporation plc (NE) Annual Valuation – 2014
Noble Corporation is not suitable for either the Defensive Investor or the Enterprising Investor. The company has a current ratio too low and has not paid dividends consistently for ten straight years, which when those two things are combined eliminates the company from contention for Defensive Investors.