wait till earnings announcement around march 10th, they have had the strongest quarter ever in history in earnings being delivered, and these are the CEO's words not my own. Lastly, the distribution was suspended and we were told by CEO its a 1 and done policy as he will reinstate it back and when he does, it will be for a long time, ok, so no 1.30/distribution per share but how about 50 cents or even 40 cents?
JPEP paying 1.30 divvy and stock is only 3 and change, LOL! thats cheap as SHI?
AZUR is another gem in the rough almost as good as MEMP but lower price stock read about their
1 and done cancellation of distribution saying 1 and done! If you believe then that is a GEM in the rough.
$2.20 on Wednesday, thats absolutely F'n ridiculous!
I bought as many shares as I could. Thought it was an absolute Bargain!
Dont know why this stock is even under $5, makes no sense! Imho, price should be no less than $8
Company doing well, has enough DCF to pay out Distribution ( a big one) and yet stock is going lower based on Fears of oil prices and BK' or reorganization of few companies, like CHK, LINE, etc. Not to mention other MLP's cutting Distributions, also does not help when majors like COP cut divvy. Finally, ETE & WMB merger proposal having problems because of rumors of CHK demise.
no cut in distribution, being paid on the 12th of Feb. They have enough money in DCF to pay out. So if it is headed to $1, then misguided investors are giving us a gift. That said, is it possible , it falls further? Yes, but its a screaming buy!
If deal is all stock, where do they need 17 bln$?
the 6 bln $ needed at $8 cash can be paid in stock,
how does this sound:
cash deal $8 + 1.5 ETE share (4.30) X 1.5= 6.45+8.00 cash or value of $14.45 or broken down, simply $8 cash and $6.45 in stock.
All stock deal: Instead of $8 cash 2 shares of ETE + 1.5 ETE as mentioned= 3.5 shares of ETE for 1 WMB = (with this announcement, stock should double to 8.50 or so and the value then would be 8.50 X 3.5 = 29.75
what seems better to you? Even if it were a 3 shares of ETE deal for 1 WMB= it would be close to 24-25$ as I expect stock price of ETE to double once all stock deal is announced.
if the deal moves to all stock, you can for sure bet, that ETE is going to double, then when you get ETE stock, chances are your divvy is safe and even after doubling, there is a 11% yield. How do you like that? Not to mention, the combined entity of WMB + ETE is going to take off for solid future divvy gains, America will soon be Exporting NAt gas, Oil in a big way! The demise of THe Old Russian Federation and Former States will be swift and ugly thanks to the USA.
I am a WMB shareholder and am perfectly willing to get ETE stock. Combined, the entity will be greater than in 2 seperate companies.
wmb signed a new contract with CHK a few months back in the summer. For lower prices, but greater volumes. Hence CHK is now WMB 1/3 business.
I dont think Carl Ichan wil let CHK file for BK without protecting common, he owns 11% of common shares.
of an option!
That usually means, they open a few $ lower and pull it up to 120
be prepared to exit put trades at open (that is my theory) Go long after first 15 minutes if this opens lower and starts to get evened up or advances.