Got to mention going from $43 to $41 in 5 days with no news and low low volume is the company just removing shares from trade.
Earnings projected to be $1.71 this year versus $2.55 next year and nat. gas going up. When you look at MLP's getting below or near 200 day average is a buy signal not a sell. Do some research! Mine comes off of Scottrade who does not have any irons in the fire.
This does not seem any different than any other quarterly action to me so , yes, I am buying more to capture this BBB stable and growing earnings MLP.
If you want the real truth abouttea party go to their website! or meeting is better!! but beware if you are racist you will be run out of the meeting!
EPD, GEL, NTI and SEP and others that not only "cover the nut" but grow the distribution will do well. This is a sale for the Goldman Sachs new MLP closed end fund. Shake out before end of year and earnings / distributions. EPD was doing well when interest rates were 6-7 % so this is just shake down.
I sold and added to my MLP's that are a little less risky. I like the 4-5% distribution mlp's but the growth this company is supposed to produce is tempting. If they ever meet earnings I will buy.
Everything in this whole 'liberal progressive agenda" is bogus including climate change being caused by carbon. CO2 is what everything green lives on! Even if it were true wouldn't you plant more trees to correct problem rather than trade carbon credits? Sorry to think like a real person paying taxes, but most of us are just that. Mostly DC gets their rocks off on climate change. The rest of us would like to be the leading energy producer of the world and get our debt paid off and while creating jobs. I have written my Governor and Senators about co-opt between government / private industry using government land to reforest America. Parks, schools, even highway median strips could be used. We could ring all farmers fields with low growing ornamental trees to control run off too. Great PR for both entities while actually solving problem and creating jobs. I am sure that permits could be traded for reforesting! My answer has been-Great idea call oil/nat. gas companies to agree to maintaining and contributing trees. Such greedy liars never really want to solve problems. They are there for $$$$$ and power. Obama should be falling apart. He is built on lies.
time to sell, it is really time to buy. The company offered shares at $62.05. This stock is on sale and will be higher by 12/1! It does not matter that a certain fund sold some shares, they do that all the time to rebalance. What is important is the company has just started another huge asset for the stock and will be exporting to other countries.
Does not matter which- state or federal. With the goal of single payer, the price is only going to escalate with inept government employees always screwing up with no punishment for their outcomes, only raises.
Bill Clinton gave China way to much plus his agreements that were supposed to create American jobs usually made inroads for American companies to go into other countries and TAKE OUR JOBS AND TAXES! But he made friends and got a lot of " world popularity"! But he does plan to reign as 1st king of the world.
Your concern for my investment is noted. You say sell when the price is below the $62.05 stated worth at the recent issue of shares. Not sure you understand how this works.
I hate to pay taxes and I have been buying since IPO and through slump so you know I have nothing to complain about as far as BWP. Perhaps take some off table and collect 10% on stock on new shares if it goes down below $23.00area.
stock I can find to buy right now. Cloud penetration is huge and that will only spur them into more growth that does not seem apparent right now. Never count this stock out because they hired my husband 32 years ago and he says they are always on a 5 and even 10 year plan for the company's growth-steady but sure. They could solve the Obamacare debacle right now faster than almost anyone. But glad they aren't! IT'S A LIE TO STEAL OUR INDUSTRIES! HEALTHCARE WILL NOT BE THE LAST. ENERGY WILL BE NEXT. IT WILL ALL BE DONE FOR THE GOOD OF THE PEOPLE, WHILE THEY ROB THE MIDDLECLASS AND CREATE NEW POOR!.
Is This the Best MLP Distribution out There?
By Aimee Duffy | More Articles
August 14, 2013 | Comments (1)
Master limited partnerships have been luring investors with their high yields and reliable distributions for years now. Yield is especially alluring these days, given the seemingly interminable low interest environment we're in; it's easy to get too caught up in it and forget how important a reliable distribution really is. Today we're illustrating that point with Enterprise Products Partners (NYSE: EPD ) . This diversified midstream MLP currently sports a 4.5% yield, which isn't particularly high in the world of MLPs.
Got it covered?
To get an idea of an MLP's ability to pay its distributions every quarter, we want to take a look at its distribution coverage ratio. The ratio is simply a partnership's distributable cash flow divided by the total sum of distributions it paid out.
The numbers we're evaluating today come from the second-quarter earnings releases for each of the partnerships listed below.
Distributable Cash Flow
Enterprise Products Partners (NYSE: EPD )
Kinder Morgan Energy Partners (NYSE: KMP )
Energy Transfer Partners (NYSE: ETP )
ONEOK Partners (NYSE: OKS )
Boardwalk Pipeline Partners (NYSE: BWP )
Source: Company filings. Dollar figures in millions.
Though Enterprise doesn't have the highest yield among its peers, at 1.49 times distributions, it does have one of the strongest coverage ratios. If you're an investor relying on distributions for income, that coverage matters a lot. If you need further proof of the partnership's fiscal fitness, you only need to track down its league-leading 36 consecutive quarterly distribution increases.
Kinder Morgan Energy Partners announced that the timing of a tax payment was to blame for the less than full coverage of its distribution payment for the second quarter. The partnership alerted investors of this issue in advance, and fully expects to finish the year above 1.0 times coverage.
Energy Transfer Partners actually holds the longest current streak for keeping its distribution flat at $0.89375 for 21 straight quarters. Its coverage ratio is certainly an indicator of that, though the partnership recently announced a deal to increase its distribution, and is now targeting a presumably achievable 1.05 times coverage ratio.
Boardwalk Pipeline Partners has found itself in a similar position to Energy Transfer, as the partnership has held its own distribution flat for the last six quarters. Boardwalk is rapidly trying to get back into investor's good graces, and posting 110% coverage of its distribution is a good place to start.
One thing to note is that because distributable cash flow is not covered by the generally accepted accounting principles, or GAAP, each partnership may calculate it in a slightly different way. For example, in its earnings release, ONEOK Partners announced that distributable cash flow was $251.9 million, providing 1.17 times coverage. If you dig into its data tables, however, you will see that the coverage ratio is based on $185 million, which subtracts out the general partner's share of cash flow.
Enterprise is solid proof that yield isn't everything. But remember that the distribution coverage ratio is not the only metric that should be taken into account when evaluating possible investment opportunities. It is important, though, and should be an integral part of any investment thesis when it comes to MLPs.
Dividend stocks can make you rich, but stability is really important and not all stocks that pay dividends are worth buying. With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.
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 $$.
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????