So your thesis says that a 15% increase in the price of crude only means a 7% increase in distribution after a massive cut? What about natural gas? You didn't even look at that when making up your fake calculations? 60 crude in 2016 and 70 in 2017. I just do not understand how you came up with this calculation and didn't even get into percentages hedged going forward. You are not very intelligent and are just trying to scare away investors and shareholders so you can supposedly get a buy in at a lower price. Fact is when they declare their distribution next month LGCY will spike and you will not get it a discount. You are better off buying it now while it is on sale.
T mobile going to take the deal away from Vz? Then they can give you a discount on duel service while Vz is stuck in the mud selling you expensive cell phone service with no package deal? Vz is screwed!!!
Sentiment: Strong Sell
there are also several companies switching to natural gas too like UPS whose trucks are all running on NG. Many new ones coming too. CLNE might double if that's the case.
While LINE and many other MLPs haven't gone up much, the price of natural gas has risen over 20% in the last two weeks. Any thoughts? Nice to see natural gas rise back to $3.
I just used my American express card at Costco today for a big purchase like many others. In less than a year Costco is not accepting American Express and like me many other will cancel their cards and get Visas.
Thanks, AXP CEO. You suck.
Sentiment: Strong Sell
While MEMP and many other MLPs are getting slaughtered, the price of natural gas has risen nearly 20% in the last two weeks. Any thoughts? Nice to see natural gas rise back over $3, really soon.
LGCY pays a distribution of 1.40 a year after its cut while LINE pays only 1.25 a year. Both are priced pretty close. LINE was higher than LGCY today. which one is a better company?
to .35 a quarter which is 1.40 a year vs line which is 1.25 a year.
14 LGCY 10% yield.
12.5 LINE 10% yield. I would say LGCY is better. Some days LINE trades higher than LGCY like today for a short amount of time.
I own LINE but am considering owning LGCY again. LGCY yield is 1.40 and LINE is around 1.25 but pays monthly. I think LGCY is a better company. Any comments? Both are priced about the same right now.