it's possible..... they report the end of February and clarify debt, earning, distribution, the quiet period ends, then Kelcy can make a statement with another big buy
A lot of people on the ETE board want this deal dropped too....but the big funds that own WMB will vote it thru...... when is the last time a deal failed to get approval? I can't remember.... recently the MRO takeover of Markwest was upped twice because some of the big boys weren't happy.... but it passed too
there isn't much difference GILD charges the VA/Federal Government and the insurers...... what Massachusetts won't get is the price charged Egypt..$900 a year..... maybe Massachusetts should fly their Hep C patients to Egypt...that would save money!
this is good for ETE..... so now both SUN and SXL increased distribution, WPZ and ETP steady.......ETE SHOULD rally Logically because its subsidiaries are ok.
yes............... 1.5 the current 1.14 is about 1.70 and WMB currently pays 2.55................. and I believe the ETC dividend is tied to ETE......
yeah the markets doesn't like it, and the arbs are pushing it down combined with the high frequency traders who make it move erratically.....one minute ETE is 8.90 then seconds later its 8.70 and back and forth.... best thing to do is sit aside.....at least ETP and WPZ SXL SUN doing ok, once merger is complete ETE will rally.... in the meantime take an ibuprofen 800mg and wait
deal is going thru, must be iron clad contract and ETE would probably be stuck in court for a long battle if it tried to break the deal...... its probably less painful to go thru with the deal.... and "monetize" some of the assets as mentioned earlier in the WMB/WPZ update
it was always known the MRK drug would be cheaper...... way cheaper.... this isn't a big surprise...
I remember reading the MRK had a less effective cure rate, while the Abbie drug has some toxicity issues... GILD still best in class
she's using GILD as a scapegoat..... she says the state has a heroin problem and the Hep C drugs are expensive.... ok batch why not address the heroin problem?
yeah just plain sad....... started off ok and then buyers disappeared and sellers took over and back below 9........ this turd might go 8 after Ex,,,,,, because assuming WMB at 20 minus the $8 cash is $12.... at 1.5 ETE is 8....... and right now WMB is at 19.65
I'm way long but until oil stabilizes and gets back to 45..... the fear of producers like Chesapeake going BK will hurt MLP's price...... but hey I'm long so I collet the list and wait the cure for low oil is low oil
I'm way long ETE but they need to set out a plan to address the debt, fund growth, and clarify commodity exposure.....ETE is the top of the pyramid.....WPZ ETP SUN SXL below.... these need to be healthy and grow....and now only SUN and SXL are growing..
ETP and WPZ holding distribution steady, no debt or equity issued for 2016...... SUN increased distribution.... SXL likely to also increase..... yet ETE gets sold off...... currently yield 13%..... I get all the debt is fear but the distributions from all the subsidiaries cover it...... logically ETE will win.... eventually
Microsoft had 80% margin on its windows software for years, I never saw any state AG say anything.... as hardware got cheaper software never did........ but hey expensive medicines are any easy target and she gets headlines
doubtful..... WPZ declared no cut and stated no new equity or debt, distribution covered..... SUN increased its list.... which means even more for the GP ETE.... ETP probably keeps it steady, no increase, no cut.... So ETE will have sufficient cash to keep its distribution in tact..
I really wish the longs well, but I sold out and still follow because I follow many MLP's... trying to buy the ones that specific competitive advantages.... like for example HEP or MPLX which have strong GP's that fund the growth and the pipes carry refined product or ETE which really has a nice integrated network,, sorry but CEQP assets are not connected to a central hub.... assets are spread out and more hostage to market turmoil.... for example WPZ just said expansion will continue because electric utilities and gas distribution customers want more gas.... this is good...connected to the end user...as you research more MLP's are very different