I see it at 35 for the short term and a minimum of 70 and up for the long term. If you have kids going to school down the road,your wasting your time with bonds. This is where you should be. You can win on both ends with this stock.
No Exposure to Peabody; just a typical kneejerk reaction and throwing the baby out with the bathwater. Actually, EPD should benefit from all the other pipeline co's struggling with debt and lower prices. It's a BUY here.
MlpS in any IRA has been a horror story of late...
See the KMI roll up and the massive UBTI that LINE holders were smacked with...
The possible negatives are just not worth it
Interesting, but truly wonder what EPD - transporting oil and NG and fractionating/shipping in USA and Canada - has to do with Russia? EPD cannot export any more ethane or propane. So no change there. EPD simply put has no more dockage and thus is not likely to export crude except the very light condensate stuff.
Got to remember EPD was set up as a tortoise not a hare. VERY conservative balance sheet compared to all other MLPs. Why is EPD going sideways? That one is easy. Drilling and production in many of its service areas is flat and going to possibly decline. That would mean lower volumes and profits. This has hit almost all MLPs, not just EPD. EPD has insulated itself from many pricing issues but if production or counterparty risk rears their ugly heads EPD would be hurt. Until prices improve for both NG and oil EPD goes sideways.
As to complaining EPD has not gone up as much recently as other MLPs. Yeah, I agree. It also did not go down as much. Want volatility go elsewhere. Stability is EPD and it has a long history of underpreforming and then quickly moving up before being flat for a couple years.
Add no IDRs to that on the equity side and equity still trading at a low yield, and EPD has one of the lowest cost of funding in the sector, this is why they will continue to grow and capture any upside of US based energy investments.
Here are the ratings as of yesterday article on google finance -
Analysts are weighing in on how Enterprise Products Partners L.P. (NYSE:EPD), might perform in the near term. Wall Street analysts have a much favorable assessment of the stock, with a mean rating of 1.7. The stock is rated as buy by 14 analysts, with 11 outperform and 3 hold rating.
Sentiment: Strong Buy
When people answer their own posts they might want to seek mental heath professionals to help them.
The 2015 Annual Report, recently released, has pre-announced dividend increase of 0.5 cents per share per quarter for 2016. See page 65 of the 10-K.
This is somewhat unusual.
this has been basing for a long time now around this price, when it moves it could be a long upward movement. i've seen it before many times. in the mean time we collect a great distribution. it very well could be 90 in 3 years or sooner. gl.