David KleinAug 19, 20212 minWhat Might Leverage Neutral For LUMN Look LikeIt's anyone's guesstimate how management will allocate the capital from the transactions (see links below). Why? Because they are not...
David KleinMar 25, 20211 minLumen Technologies Gross Margin - What's Wrong With This Picture.During the integration phase of CenturyLink and Level 3 Communications (now Lumen) part of the focus was cutting unprofitable revenue....
David KleinMar 16, 20212 minIs Lumen Technologies Creating Or Destroying Value?Are the investments Lumen (LUMN) is making creating value or destroying value? One way to get a feel for this is to compare ROIC (Return...
David KleinOct 1, 20202 minHow Safe Is Lumen's Dividend?One way to measure the safety of the dividend is to look at revenue at risk. Revenue segments at risk and TTM (trailing twelve month)...
David KleinDec 20, 20192 minExpect Teekay Tankers Fourth Quarter TCE Revenue To SkyrocketRising tanker rates creating large cash inflows from huge revenue increases going forward for TNK
David KleinDec 5, 20192 minWe Are In The Up Cycle For The Oil Tanker MarketMy first article on this topic in March 2017, “Is A Turnaround In The Cards For Mid-Size Crude Tanker Stocks?” I projected the following...
David KleinJun 26, 20191 minAnother Way To View CTLIn the past the stock was supported by the dividend so it's no surprise what occurred after it was cut. Here's another way to look at it...
David KleinApr 9, 20191 minCan CenturyLink Transform Into A Technology Company Generating Revenue Opportunities?The focus of this article is how CenturyLink (CTL) may transform into a technology company. Data has been increasing at double digit CAGR...
David KleinJan 25, 20192 minWhy CenturyLink's Price Is FlounderingThere are two views on CenturyLink’s (CTL) revenue and FCF (free cash flow). Bull case: An inflection point on revenue will occur over...
David KleinNov 26, 20181 minMy Take On CenturyLink's Revenue Growth Or Lack ThereofCenturylink (CTL) guided capital expenditures to 16% of revenue when 2018 guidance was issued in February 2018 but did not give revenue...
David KleinMar 12, 20181 minMy Take On CenturyLink, Its Free Cash Flow And DividendThere’s been a lot of agonizing over CenturyLink’s (CTL) dividend. Will it be cut or is it sustainable? The market has its doubts...
David KleinMar 13, 20171 minIs A Turnaround In The Cards For Mid-Size Crude Tanker Stocks?Spot rates going lower in 2017. Capacity outpacing demand in the near term. Is the market signaling a turnaround in 2018.
David KleinMar 5, 20171 minFrontier Communications Is Telegraphing A Dividend CutWhat is the future for FTR's common dividend
David KleinJan 3, 20171 minArticle Update For "Will A Level 3 Communications And A CenturyLink Combination Provide Value?&Updates the pro-forma revenue in the earlier years for CTL and LVLT plus recent upgrades.
David KleinDec 28, 20161 minWill A Level 3 Communications And A CenturyLink Combination Provide Value?This analysis looks at three possible outcomes. The three cases are based on; no improvement in top line growth (Case 1), stand-alone revenu
David KleinDec 22, 20162 minTeekay Tankers December 2016 Summary And CommentsThe following is a summary of Teekay Tankers (TNK) December presentation and commentary concerning rates.
David KleinNov 17, 20162 minPossible Tax Consequences For The Acquisition Of Level 3 Communications By CenturyLinkExamples with different basis costs for this cash and stock deal.
David KleinNov 15, 20163 minTeekay Tankers November 2016 SummaryThe following is a summary of Teekay Tankers (TNK) November presentation. The information for this summary was taken from the video found...
David KleinNov 2, 20162 minShould Level 3 Communications Investors Run For The Exits?Examines the fair value of CTL accounting for the LVLT acquisition to get a better idea of what LVLT investors can expect to receive for the
David KleinOct 31, 20163 minTeekay Tankers September 2016 Summary And CommentaryThe following is my summary of the TNK 2016 September update and commentary concerning the price.