1,000 shares isn't exactly a big deal. Probably spending a bit of their bonuses. Still don't understand why people analyze these things like stocks since they're not....but in any event it looks like the percentage of units held by the public (or at least someone other than management) has risen quite a bit over the past year or so.
In comparing the price to the 10 yr bond rate, we should take into consideration the probability that the distribution rate is forecasted to go to 1.80 by Smith Barney within the next 12 mos. That would put the yield at over 7% based on today's price.
Several on this board have mentioned the relationship between EPD and the 10 year bond yield. I've noted from my screen that I've been pretty well able to predict whether EPD is up or down by the performance of oil stocks. Today I noted that oil stocks had taken a pretty good hit....so it was predictable that EDP would be down. I would assume that there is also a strong relationship between oil prices and 10 year bond prices such that we can look at either the 10 year bond or oil as a guideline on where EDP is going short-term.
no ....my holdings in EPD are presently at $20.
avg. cost....today's reaction is much to the revised numbers on last week's overstated draws on NG....there are better opportunities
to take advantage of today's selloff;namely
XTO,CRT and RIG....the beige book #'s were bullish and people pay too much attention to weather....staying long EPD
agreed;the cold weather has yet to arrive and
the recent run-up to 25+ was unsustainable on
fundamentals....this is not a traders stock but
one for a bet on savvy management and the long
term benefits of the recent merger....for me a
core asset since 1999....relax and enjoy your
return on equity!!!!