I don't know what all the competition is doing, but what it sounds like to me is that the company is thinking too small.
Looks like an ambitious completion schedule,but if the open season contract response is good, this could be a biggie.
Did you see the announcement about the new pipeline? Copy - paste and google this and get the announcement
The pipeline will handle up to 6 liquids from condensate down, and while it states Natural Gas Liquids, it did not specify pure natural gas.
Why would anybody put a down arrow on a post that was just asking for information on this great company?
What I don't understand is that so many investors don't seem to understand that we are not "share holders". We are "unit holders" & in return for certain tax advantages & a high div, we get no say. MLP unit holders are the poor step-children. You know that when you cash out, you'll have to settle up with Uncle Sam. At some point, everyone cashes out... either something happens & they need the money, maybe they don't like what's happening to the divs, or feel the MLP is shaky. It looks to me like with the KMP unit holders will getting shares in KMI & getting a cash payment, there will be more than enough to keep their investment in KMI equal to what it was in KMP & pay the taxes. What will be lacking will be the div, but KMI will become the 3rd largest energy company & should be expected to once more begin to increase in share price when things get settled. I sold when KMP hit the top price, simply because I'd rather take the cash & pay the taxes. An old man, over 100, who began investing before the Depression once told me, "Never be too upset about paying taxes. It's the sign you made a profit."
They are planning an expansion program in Wyoming or a new plant. Does anybody have any info on this?
I've owed this stock for 8 years, just love it. With all the projects in place, cost of capital, savvy exec team (which are great of CC BTW, you got to listen to them), does anybody agree they could double in size over the next 4 years, or am I dreaming
There's an old adage that you should cut your losses and let your winners run. This has been particularly true of EPD. I've very seldom made a mistake in buying a stock, but I've made many disastrous mistakes by selling. If I had held, and never sold, every stock I ever bought, I'd have a net worth today in the billions. Literally. When I began investing, the DJIA was around 520 vs. 17,000 today. It has taken me over 60 years of investing to finally learn to do the opposite of what my gut feelings tell me to do. It feels good to take a profit until you see the stock you sold continue to soar higher. My best advice is to forget that the word sell exists. Own good companies and stay with them.
Also, you can change which positions are contributing to the FRIP at any time, up to and including the payout date of that position. And if it wasn't clear, all purchases occur free of charge - that's the point - you can reinvest little bits of money - as little as one share's worth - without incurring a $7 trading fee.
I keep mine in the DRIP with EPD because at the time I wanted to start DRIPing my EPD units, Scottrade did not participate in it. I don't know if they do now, or not. Currently Wells Fargo is the Direct Registrar for EPD, so that's where my account is. It used to be BNY Mellon, but they changed 1-2 years ago so the account migrated to Wells. It's not as convenient as having it in my brokerage account but I don't trade around my EPD position anyway so it's not an issue for me.
This is all wrong. I use it regularly. Here is how it works. The dividends for the positions you specify (all or none of the dividend, per position) goes into a separate "FRIP account". On the date that you specify, the money in this side account is reinvested in stocks of your choosing. However, only whole shares are purchased so any remainders are kept in the ongoing balance of the FRIP account.
You specify what goes in, what goes out, how that gets allocated to new stock, and when the trades happen (so far the trades happen around mid-day on the day I specify). Only whole shares are purchased. FRIP funds that don't fit into whole shares remain in the account and will be applied toward the next trade.
The answers to all your questions is readily available under Company Events (right above Message Boards) and Historical Prices (4th down ion the Quotes section.) It's time for you to learn how to find information on your own and stop depending on others to do it for you.
Whats the equivalent yield after cap gains and recapture?
and sdrl's divi is questionable moving forward and LINE has never impressed me... ( neither is growing the divi/dist also which may limit share appreciation)
Very High yields equal risky equity
ETP seems reasonable but its a 6.5% yield not an 8 or 9%
thanks for the posts ,
yes thats true but my current ( rather former) position of 100 k yielding 3.8 could yield 8 or 9 easily with sdrl bbep line etp and 6.5 with utf... .double annually with the same value in the market ,
anyway ill keep my 1000 shares and sleep well with them
If you have owned EPD for a while then selling part of your units means you will take a much bigger tax hit. You cannot use any passive loss carryforwards until you sell yuor entire position. Your plan completely missed the fact that EPD is a different MLP model. They ratain enough cash to need to issue only a very few new units. Thus the value of existing units goes up each year. They also have increased the divided=nds paid out by .10 a year (the actual $$ paid out). Most companies do not do that. EPD has a low cost of capital and tons of projects and last but not least - the ability to increase the rate of payouts if inflation and interest rates rise significantly. Do not know it is a bargain today but certainly nothing I would be selling.