With the latestpull back last week, I had to remind myself why I bought and hold ETP.
Net income increased from $204 million in 2009 to $2.04 billion in 2011
A good yield of 5.10%
Cash flow per share increased from $3.15 in 2009 to $3.34 in 2011
Annual EPS before NRI increased from $0.96 in 2007 to $2.21 in 2011
A five year cash flow average of $2.37
A five dividend growth rate of 5.73%
A five year sales growth rate of almost 25%
Year over year projected growth rates of 14.24% and 7.32% for 2012 and 2013 respectively
Quarterly revenue growth rate of 10.5%
A strong quarterly earnings growth rate of 54.8%
Insiders have a 34.7% stake in the company
A strong relative strength score of 85 out of a possible 100
A good five year average yield of 6.8%
$100K invested for 10 years would have grown to $340K
Is dehydrogenation of propane difficult ?
I think you greatly overestimate your intelligence. Obama has been a disaster in almost everything. And please learn how to spell...it might add a bit to your credibility.
I AGREE OBAMA MUST GO
Your post says why you loaded up on "ETP"???????????? Thought this was suppose to be a message board about "EPD".
typo error, go back to the start of topics
And in spite of all that good news, it went from $52.10 on 4/20/12 to 47.63 yesterday. Quite a ride. Maybe the swoon has ended. Then again, I would'nt bet on it just yet.
Of course there are those that trade EPD around the distribution and oil has gone down quite a bit. However, this happens to alomost every MLP every quarter. I always want folks to see their value and be long term investors.My daughter and son in law have stock in LINE PAA and EPD. They are in their mid 30's. Their returns will make their life a lot easier than those who trade every day. They will have stocks that are paid for their investment. They won't have paid any taxes because they have these in a IRA and they won't have to depend on the gov. for SS. Now having said that you never know how Obama might steal their investments by his manipulations.
Wow. I was stunned at how you absorb information and come to conclusions. Talk about selective logic. Obama could scrap the constitution and abolish congress and the supreme court and I would'nt be surprised if you concluded he was a flaming conservative. I hope there's not a lot of people out there like you because four more years of Obama is going to do a whole lot of damage to our democracy. I realize you won't be able to comprehend that and I doubt you are even capable of being objective about things. You're just not wired that way.
I think you greatly overestimate your intelligence. Obama has been a disaster in almost everything. And please learn how to spell...it might add a bit to your credibility.
i disagree that obama wants socialist green energy. He has backed so far off his campaign pledge of addressing global warming to be almost stunning. Plus drilling has boomed under obama, he has done nill to stop mountaoin top coal mining, he has done nothing to minimize fraking, has called for wider utilization of US nat gas, in addition to common-sense call for diverse energy sources and conservation
although I would agree that romney, like any republican, would be a greater servant of his corporate backers by tearing up regulations more than Obama to allow a free-for-all in drilling
so if you're a huge fan of mountain top removal coal mining, Romney is probably your man
although i think people overestimate how right-wing Mitt "I will say what they want to hear" flip-flop Romney really is
Grat analysise
You must've read the same article I did.
From the "Decline and Fall of the Roman Empire" (Gibbon, 1787)....
His Top 5 reasons:
•First: Rapid increase of divorce, with the undermining of the sanctity of the home, which is the basis of society.
•Second: Higher and higher taxes; the spending of money for bread and celebrations.
•Third: The mad craze for pleasure, sports becoming every year more exciting and more brutal.
•Fourth: The building of gigantic armaments, when the real enemy was within; the decadence of the people.
•Fifth: The decay of religion; faith fading into mere form, losing touch with life, and becoming impotent to guide it
I'd like to add a 6th reason: Idiotic posters on EPD's mlp message board.....
You told us past data and it is great. Now, tell us future data, say five years now. Remember, we are investing for the future, not for the past.
Remember they are a toll gate, they get paid on what comes through the pipeline. Somehow I don't think they are going to pump less product in the next several years.
No one can tell you that. But history usually repeats itself.