ABTER 1 What are your thoughts on MWE EPT & KMR . All have had a good rally and have backed off small amount. I am always looking for pipe line that has good record of dist. increases and these three seem to be about the best
I'm certainly not who you addressed your question to, but assuming that you meant etp and not ept, I agree that those are three of the best. All three bottomed out on 9/2 or 9/3 in the las quarterly cycle. MWE hit a high of 23.54 on 7/24 and then a low of 18.88 on 9/3. While MWE went above 27 on a few days, the high at close was 26.71 on 10/21. While past performance may not predict future performance it would seem like the time to buy would be late November or early December. Since MWE pays a higher distribution percentage it will be MWE that I will be looking to buy in that time frame.
Don't know where Abter is now, but you mention investing in pipeline companies. MWE is not a pipeline play. MWE is a midstream processor and is subject to commodity price fluctuations. Others in the MLP universe are more pipelines such as BWP - an almost pure pipe and stroage company, and KMP, EPD, ETP all have much more of their asset base in pipes.
azrtrd Re MWE I sure thought it was a p line > Been watching it for week and thought if got below 24$ mite buy small amount. How ever I do like the pipe lines> What are your thoughts on MWE I do like the MWE dist> growth > Also would know what the K1 return of capt % is
Abter1- I read your mesg. Re KMR -P as usual you seem to have the rite answers. Again I tnx you very much and will stay in touch. As of today I do own KMR EPD ETP MWE. I am in for the long haul-- for the estate reasons, after all being 80 I dont have a long haul. Maybe 10 or 15 yrs.