I`m back in with a small position.Left for greener pastures...now I`m back. Just noticed on E-Trade, they Have GLP earnings as follows... 2010 -$1.67, 2011 $2.15 ,2012 $3.13,and 2014 $1.61. Anybody know why earnings would tumble in 2014?
Wells has this rated as a market perform although they think there are plenty of opportunities for accretive (to distribution) acquisitions and organic growth. In Wells MLP report, they gave an example of a $100mm acquisition (funded 50/50 debt equity) adding $0.19 to the distribution.