Re to:bahranidds "chart what do u make of the recent weakness?"
Using unit price only, that should only increase with the distribution increase so yield is constant. (in a perfect world)
Using a 3 year chart of unit price, from 2-27-05 to 7-2-07 approx. ETP went up about +96%. A bit extremt but the AMZ index was up about +35% which was only a bit too fast. Correction is under way in both. That is about 2.5 years of the 3, then correction set in.
However, ETP is still +50% in 3 years in unit price so there is no problem. IMHO.
For the last 4 years the distribution growth trendline is about +23% per year and that cannot be sustained for long.
At forward yield of 7.5% I think this is a keeper.