EPD IPO was in 1998. Interest rates were 5.7% . Don't let folks scare you out of your stock. The companies that are in this field are not stupid. They have been preparing for increase. They are way ahead of these shorts in running their businesses. That s why I am holding this fine stock. Remember most cost increases are passed to consumer. JMHO
Why would the politicians take down the system they built for themselves to invest in. Remember MLP's were almost a secret until the last 3 years. But many in the legislature and some large companies have been in for years! LOOK AT L and their investment in BWP AS AN EXAMPLE.
If what you say is true that would mean you think we are going to 18% interest rates. PS...Insiders would not be buying and funds would be dumping now! Volume would be greater not less than usual and analysts would be downgrading.
Now where do you think it will go on announcement seeing as we blew by $60.00! so glad I kept on adding to my shares and did not let shorts take me out! Sorry for those who sold cheaply!
by a firm that will dominate once again as they build new terminal! Get more while you can during this "crisis"! Distribution should be announced around the 10th and then you will see volume increase and price increase!
Distribution should be announced around the 10th and then we might see some real action! Pick this stock up at $47 and under. Huge insider actions! Great earnings and distribution!
Where is everybody? Out buying this stock before earnings and distribution. S&P RATES BBB and only EPD and MMP rate higher. But they don't pay what this jewel pays. Nat. gas only going to be in greater demand with new terminals coming on line. Now is the time to buy before $35.00 in my opinion! I have held since $14 area and am not going to sell. I add every time I get a distribution!
I use to own ETP and was not impressed with the dist. growth. Now they have moved some but I have large investment in BWP at $14.-15 range and as long as they keep this dist. growth I will not sell. Taking a few shares today to collect that dist.
Why would a company like JP Morgan Who has just been held up by the Federal Government for doing what the Fed government wanted them to do, down grade a BBB company the last day you can get the distribution?? Any sharp students????
What about upcoming project with Wms ? Shouldn't that be boost to earnings. Also, pipeline goes straight down to gulf where LNG terminals building rapidly? Could be downgrades are going to line L 's pockets with more shares and $$.