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Penn West Petroleum Ltd. Message Board

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  • opie_cunninham opie_cunninham Mar 27, 2009 10:03 AM Flag

    4 Way Whammy today

    <<<I would probably take some time to do some due diligence on the US MLP's as well for any future investment funds.

    which MLP's do you like? I am holding a decent chunk of EPD.

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    • In this sector, not necessarily MLP's, I like CPNO and LINE. Both have nice hedge positions and pay nice yields and should be around a long time without worrying about the Canadian govt screwing them up. Now, I don't know what the US govt will do to divi's over the next year or two. It's been rumored that the tax rate could move up to 20% and possibly 25%. The new admin doesn't understand that about 57% of US investors are in the stock market looking for their divis each year. And more will be added as they reach retirement over the next few years. LOL

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