The idiots are now reccommending EPD because its net profit is up - ie. Zacks. The clueless continue to ignore DCF and add in one time profits like ETE and ignore non cash items. Suppose that next year they will pan EPD because its net profit is down a bit. others have made miniscule changes in ratings and estimated EBITDA. Think Wunderlich changed its estimate by a bit under 1%. Meaningless.
Bottom line is that there has been no fundamental change in the USA or EPD. Therefore the price should continue onward and distribution upward on a steady path. The GP buyout costs are now behind us (they were significant indeed) and the approximate 5% dilution also done. Now there is no drag going forward and we can see the path a bit more clearly for 2011 and 2012. Only later are we faced with the drag of higher interest rates and other investments with higher yields to put price/yield pressure.