The major problem is that you have to pay the Dividend to the counter party when your short....11% ANNUALIZED is a lot to give up unless you're very short-term.
It could mean that SINCE both PSX and SE have their own MLP'S DPM may be more valuable to a third party wishing to expand....DCP has poorly managed it from the gitgo..Typical of parents not on the same page.
Great post.!! I own a dozen or more @ any given time and have since 2004and don't find K-1's onerous.
gaining traction..Both San Fran and NYC requiring 30 day minimum Rentals.This whole business is in trouble.Chicago made requirements so onerous a couple of years ago that 90 % of online offerings went away.And New Orleans is considering enforcing it's ban on Short-term rentals (less than 30 days)...Too bad.We use VRBO exclusively when we travel.
CSFB published a note sparking the speculation..If they do the price will be much lower than the ETE offer for Targa a few months back.IMO.
EPD has ROFR on the GOM Pipeline assets if I'm not mistaken..Since they are partners in these assets,it would appear to be a great opportunity to pickup a Bolt on known quantity @ in a potentially highly accreative transaction.
Cost's you about 5%/annually to own it.....it's a joke ! Pay your tax person $25 to file a k-1...Or buy the higher level Turbo-tax