Earnings should be up for this quarter and track record of annual yield of 7.8% offers 1.95% guaranteed quarterly cash distribution. Stock Market flight to quality promises up tick in BWP stock price.
There is no guarantee.
As for flight to quality, there are far better MLPs out there. If I were flying to quality MLPs, BWP would not even be in my top 50%. It has lagged the performance of the MLP universe for years.
Hi Liza....Having followed your comments on different boards when I happen to catch your name........would you care to suggest what your top 20% MLPs would be. Just being curious.