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Holly Energy Partners L.P Message Board

mickeyspop 1 post  |  Last Activity: Oct 21, 2014 4:58 PM Member since: Jan 30, 2012
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    Some Thoughts

    by sumark4221 Oct 14, 2014 10:20 AM
    mickeyspop mickeyspop Oct 21, 2014 4:58 PM Flag

    Many people buying into this "Stock" seem to have little understanding on what a share represents. While there are occasional "sales" these are of assets not revenue. There is no P&E for this because there is no profit. The trust generates revenue by leasing the surface of the land it holds and from oil and gas royalty payments from having a mineral interest on some land it owns and others it only holds the mineral rights to.
    If you are wanting to catch the ups and downs on a light float stock thinking you are investing in a business, then be my guest to your delusions.
    TPL holds a unique place in Texas and investing history. And over a lifetime holding a piece of it should be profitable. But that comes from the self liquidating process the trustees are required to follow. Not on the gyrations of the stock market.
    I see the trust shares being over $1,000 each in the future. Hopefully my great granddaughter will hold the last shares,

    Sentiment: Hold

HEP
29.68+0.72(+2.49%)Dec 17 4:02 PMEST

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