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Enterprise Products Partners L.P. Message Board

pipelinewave 15 posts  |  Last Activity: Feb 27, 2015 12:22 PM Member since: Apr 5, 2001
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  • pipelinewave pipelinewave Feb 27, 2015 12:22 PM Flag

    T wants the 10 millions subscribers to bundle. If they get half of those to bundle their stock goes to 50 shortly. open your eyes!

  • Reply to

    T?

    by mvmitchell99 Dec 26, 2014 1:05 PM
    pipelinewave pipelinewave Feb 26, 2015 5:28 PM Flag

    The deal is closing within the next two weeks. I myself am sitting on the T shares and accumulating them when they drop to the 30-31 range. I really like the 5.0 divvy. I would prefer more T shares instead of the $35.00 bucks/share cash buyout. (IE 2 shares T plus $35.00)

    If you are looking for t to go to 40-45 short term or in the next year, don't hold your breath. I'd be happy with 40, but as indicated I like the divvy.

  • pipelinewave by pipelinewave Feb 26, 2015 8:24 AM Flag

    Read and learn:

    Western profits on the difference between the cheap crude it buys from the Permian and the refined products it sells at prices linked to the crude benchmark at Cushing, Oklahoma.

    The gap between the price for West Texas Intermediate crude at Midland in the Permian and the U.S. benchmark price at the pipeline hub in Cushing (WTC-WTM) averaged $3.13 per barrel in the fourth quarter, higher than $2.46 a year ago.

    Western said gross margins rose to $22.13 per barrel in the fourth quarter ended Dec. 31, from $7.99 a year earlier.

    What does this have to do with ALJ? I believe the EPS for this quarter is projected to be .20. Where does ALJ get most of it's crude? Not cheerleading here, but I'm optimistic that we start moving toward the $37/share price we should be at when compared to our competitors.

    to Thomson Reuters I/B/E/S.

  • Reply to

    Buyout

    by ftness4life Feb 18, 2015 11:07 AM
    pipelinewave pipelinewave Feb 20, 2015 9:47 AM Flag

    Dudley was schooled by that idiot Fuller over at Amoco. Here's what to learn. BP has been shedding assets (IE Carson, Texas City, etc.) I call it shedding, others might call it window dressing. So you rid yourself of some difficult operations (Texas City, California refinery) and all of a sudden you look attractive. You also rid yourself of SEC concerns about having similar plant operations in the same location as a potential buyer (IE CVX, XOM, Shell). The last piece of the puzzle is the final bill for the oil spill in the gulf. If and when that get's finalized, BP then becomes even more attractive. Wait this summer and let's see if oil drops below 35/barrel. That's when the plug might get pulled. BP has two Midwest refineries (Actually 1.5), so the margins for Midwest refineries running Canadian crude are extremely well, even in the current climate. So, chevron has no Midwest exposure and that could be attractive, Exxon would love to get it's hands on a large Canadian crude refinery in the Midwest and rid itself of Torrance and it's JV in LA. Same could be said for Shell. All I'm saying is that Dudley has already made preparations and paved the way for an easier SEC/EU approval should a deal actually happen. They are not done as I suspect he may be selling parts of chemicals shortly. This is very much like a opera, the first act has been completed. Second act is underway. Wait for about a 7-9 price drop and then gobble up as many shares as you can.

  • pipelinewave pipelinewave Feb 19, 2015 5:53 PM Flag

    That refinery is on XOM divestiture list.

  • pipelinewave by pipelinewave Feb 6, 2015 10:31 PM Flag

    Well if USW doesn't come to their sense, looks like Toledo and Whiting will be walking this weekend. Maybe one or two folks at Whiting remember what it was like back in 1980. Pay was great for those working inside. Those not working inside, not so great. Three months without a check is a tough pill to swallow.

  • pipelinewave by pipelinewave Feb 4, 2015 8:24 AM Flag

    Edmund Shing, global equity portfolio manager at BCS Asset Management, says Royal Dutch Shell Plc and Exxon Mobil Corp. "could easily" takeover BP Plc. He also discusses his recommendation to buy euro-zone stocks over U.S. equities with Jonathan Ferro on Bloomberg Television's "On the Move."

  • Reply to

    XOM will benefit after the dust settles.

    by thegoodwife7 Jan 28, 2015 7:11 PM
    pipelinewave pipelinewave Jan 29, 2015 1:44 PM Flag

    Dust will be settling at about 30-35 barrel and will not recover for about two years. Look for XOM to hit 65-70 in the next two months. They have been isolated from some of the drops in stock price, not anymore.

  • pipelinewave pipelinewave Jan 20, 2015 3:01 PM Flag

    He has to say that, he's got 100k shares in RDS that just lost 2.4 mil. of it's value and dropping more each day. Oil is headed to $35 shortly. Might see a little uptick around the end of 2018. People got too greedy and out jump a reality check! Refineries are running well, crude has low demand, distillates are full everywhere. Get used to $2/gas!

  • Reply to

    OIL up , VNR down?

    by viperlemon Jan 16, 2015 11:52 AM
    pipelinewave pipelinewave Jan 16, 2015 1:01 PM Flag

    70% of VNR's assets are in natural gas! Unfortunately, VNR got drugged into the oil price drop!

  • Reply to

    Oil Uptrend is starting,

    by topinvestgun1 Jan 16, 2015 9:52 AM
    pipelinewave pipelinewave Jan 16, 2015 10:27 AM Flag

    You cheerleaders need to go back into a cave for about year. Oil is headed to $35/barrel. BP will be seeing around 28-35. Yes it is good news that the pollution cap has been id'd. BP can negotiate with EPA on a settlement and then the company can be sold to Exxon shortly thereafter!

  • Reply to

    The Case For A Merger

    by billbrittain3 Jan 8, 2015 5:41 AM
    pipelinewave pipelinewave Jan 12, 2015 11:17 AM Flag

    That's what they said about Texaco, Amoco, ARCO, etc. Just a matter of time, now! Money talks and #$%$ walks!

  • Reply to

    What Happened to Sneaky Pete's $20 Prediction?

    by johnnyboynj Dec 18, 2014 1:47 AM
    pipelinewave pipelinewave Dec 30, 2014 2:11 PM Flag

    As I stated previously, oil has never come down in price this quickly and dramatically. Been in oil investments for over 40 years, so I think I can speak from experience. The first six weeks of this quarter were juggernauts for the refining business as margins in all areas of the US were very good. It is very, very odd that gasoline stocks have taken a pretty good hit with the drop in crude oil. Should be the opposite as crude drops, refining profits sky rocket. So, in the big picture of things I could see a quick reversal of the gasoline producers (IE refining stocks) take off. For whatever it's worth, this should be a $40 stock right now with the reversal in crude. Hell, I would be ecstatic with the $20/share price. Realistically, this is a $25/share stock come March 1 if the oil prices stay the same. The one thing ALJ has going for it is the re-opening and expansion of the California refineries as well as the drop in natural gas which is a killer for running furnaces in the refinery, especially asphalt operations (IE California). So, this stock should easily and I mean easily could turn tail to 25 in days. As I stated, I am mind boggled it's not at 40 right now! The reversal in oil price has never and I repeat never happened that quickly!!!!! So, are we going to see a reversal in refining stocks, maybe!
    I own 20,000 shares I bought between 12-16, so I am kind of a long term holder. Let's wait six months and see. Their 4th quarter should be outstanding!

    Sentiment: Strong Buy

  • pipelinewave pipelinewave Dec 5, 2014 10:42 AM Flag

    Just another point on the latest Shell rumors, I believe a lot of BP shareholders cheerleaders are driving this due to the drop in oil prices. I think it's going to be Chevron or Exxon and I'm leaning towards Exxon cause they are the only ones capable of righting the sinking ship.

  • pipelinewave pipelinewave Dec 5, 2014 9:13 AM Flag

    I think BP will be taken over. But not at the current price. I think there is some waffling and more price drop in oil prices. When BP reaches 32-35, I think you can get a little more serious about a takeover. We ain't there yet, but we're getting close. (IE within a year) I for one think it will happen, but like a lot of things timing is everything.

EPD
33.34+0.63(+1.93%)Feb 27 4:04 PMEST

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