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Crosstex Energy, Komandit ┼×irket Message Board

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  • ross.john51 ross.john51 Jul 2, 2010 10:07 AM Flag

    G&P comparisons

    Lisa,

    This may be a little off the track of a true G&P, but BP has taken a beating over the Gulf disaster. Congress brow beat them into cutting their dividend, traders treat them like they have they pox, but their worldwide operations will spring back big time by this time next year.
    This is a good time to get BP on the cheap, hold it a year, get their +$4 dividend, plus almost 100% capital gains if they go up as high as they were pre-Gulf disaster.

    P.S.

    Living in Houston, BP bought out the old AMOCO refinery that was literally falling down. Finally one day it blew up and killed a lot of people. BP just settled out of court to the big buck claims. They have a specialty division loaded with money to handle disasters and their costs. They take a hit for a while, gives their shareholders a chance to double down and make some cash.