Sun, Jul 13, 2014, 11:50 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Enterprise Products Partners L.P. Message Board

  • thebuckeye777 thebuckeye777 May 2, 2012 8:02 PM Flag

    What is really cool.......

    What is really cool besides everything else is EPD bought out the GP! So EPD has an extra kicker compared to all the other the other MLPs.

    I've been investing in the space since 2002 when Enron went down and Buffett and Larry Tish were buying pipelines at depressed prices. When the whole sector got clobbered I bought PAA at 24 and KMP at 31.

    In the last downturn, I didn't hit the bottom but picked up some EPD at 20.5. Since then I've added so much EPD that EPD is a bigger position than all my other MLP holdings combined.

    There is a reason why Dan Duncan was the richest guy in Houston when he died! He knew what the heck was going on and his boys in mgt. are the best!

    We will see above average distribution growth in the future and we also have the best run large MLP in America.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • "What is really cool besides everything else is EPD bought out the GP! So EPD has an extra kicker compared to all the other the other MLPs."

      They are far from the only MLP which either bought out their GP or was an LLC from the start. That has been a trend in recent years and many of them did it.

 
EPD
77.63+0.20(+0.26%)Jul 11 4:04 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Turtle Beach Corporation
NasdaqGMFri, Jul 11, 2014 4:00 PM EDT