Compare the company to other companies and you will see value at the current price level.
funny you should say that , just finished analysis of midstream co's. I find just the opposite. P/E EPS DIV YTD ytd with div 2yr return with div
eroc n/a -1.25 13% -27% -14% -22%
enb 51 .80 3% -3% 0 +15%
apl n/a .99 7% +15% +22% +13.5%
epd 21 2.77 4.5% +18% +22.5% +37%
dpm 20 2.45 5.8% +17% +23% +14.5%
acmp 41 1.11 4.2% +35% +39% +63%
mmlp 11 4.09 6.8% +45% +52% +45%
all numbers as of today around 11am my time
added 2 year returns just to smooth things out
These seem to be direct competitors with a mix of nat gas and oil distribution , all considered mid stream .
well that didn't transfer well columns are p/e ,eps, div , ytd with div and 2 year return with div. I am holding but wish I didn't own
Why is this stock at this level when S&P have a $10 target on it? They are usually pretty selfish on their estimates.
S&P may influence to take some action by people, doesn't mean that it will be profitable to those people. But it will for the companies who pay them. imho.