I wasn't trying to sound snarky. Whoever asked this question could have gotten the answer for him/herself in seconds instead of waiting for someone to answer the question here. Some people just don't know where to look for the answers to their questions until someone points it out. I was trying to offer simple navigation instructions to make his/her life easier in the future. Sorry if this offended you.
That said, I have a question for you: Where can I find a list of other companies (like EPD) that offer a discount incentive for participating in their DRIPs? EPD is the only company and/or partnership that offers such a discount along with a commission-free DRIP that I'm aware of, but I presume there might be others.
No, he needs to wait a few days and let the market digest any negative news. If you look at the chart, any significant downturns were immediately followed by significant upturns. Those who sold on the bad news paid dearly for their hasty action.
I'd call these people speculators and not investors.
No, I do not. I take the money and I spend it to enjoy the good life. I once did reinvest but when the yield dropped so low I just decided to spend it. Went to Tahiti, Mexico, Costa Rica, Panama, Aruba on the divvy's and last year bought a 328 bmw. When I'm not spending it I buy MLP's that yield 7+%. I just love Linn Energy and have a boatload of that one. It is nice to get a monthly diivy that I will not pay taxes on.
There is of course, the Law of Large Numbers that may be taken in consideration.
I have been long when it was duncan energy and held since the meager. I have no intention of selling. On the other hand I have no intention of adding at these levcels and stock index mania.
Double in size, or double in VALUE, or double the stock price? There's a lot of differences there.
Funny how SA article today raises target to 45... I like that more than the direction the market took my largest holding today. EPD is a huge winner. Well run by the Duncan family. Held a long time and wont sell and pay the cap gains on the reduced cost over the many years. Kids will get it at stepped up basis. It held well in the last recession so I like it again in the coming one.
Yep but I guess there are some who think oil will not go back up. Me, I am content to collect and wait for oil to rise. It always does.
Operating profits are up
In 2Q14, Enterprise Products Partners (EPD) recorded $884 million in operating profits—up 14% from the $774 million recorded in 2Q13. Operating profit margin improved marginally to 7.1% in 2Q14 from 6.9% a year ago.
Operating profit is a company’s profit before interest and tax, adjusted for non-recurring items like impairment, asset sales, and insurance recoveries
These splits are cause for confusion, even with the "pros". And wait until you try to sell shares! Few can accurately figure out proper capital gains or losses - and that includes the IRS! Those lazy buggers can't figure diddly.
there are some serious glut issues arising.... yet while they shouldn't affect EPD they sometimes can...
The Saudi's cut oil production in Aug by 40Kbbl/day... largest cut in a decade...
As to Nat Gas... they are producing so much to make up for last winters use the question is will they reduce production in time to prevent a glut.... there may be too many producing wells right now for that to be the case
Nat Gas could easily go into the low $3s