Sabine Oil & Gas Corp won an important court ruling on Tuesday that will allow the bankrupt energy producer to shed certain pipeline contracts, potentially exposing companies that transport and process gas to the crisis in the energy industry. The ruling by New York's influential bankruptcy court is the first major test of whether Chapter 11 can be used to end a contract with companies in what is known as the midstream sector of the energy industry. "
From Jan 2015:
Despite all the headwinds, analysts upgraded Energy Transfer Partners LP
from Neutral to Outperform. The upgrade was based mostly on valuation and was accompanied by a $1 cut in price target to $77.
making money is the game ...not being right !...but thats your circumstance,,,,,,and circumstances have changed. The price decline is for fundamentally different reasons now. The most troubling part is how the debt markets are effectively closed to the Pipeline guys. KMI proved this..they paided 9 + % to fund for the next 3 years. Thats very steep.
had his feelings hurt because some tells the truth about ETP...now he has to be chasing someone around trying to make himself feel better.....UTiny when you look at yourself in the mirror in the morning thats the only person you really have to answer to about your investment losses.
We will continue to evaluate our distribution on a quarterly basis and will be prudent as it relates to balancing coverage and liquidity with distribution growth.
I respect Tepper.( And Your No Tepper )....but lots of smart money has been vaporized...( How's Ichan doing with his ( RIG or CHK ) investments ?? By the way the 13 F follow crew doesn't add up to Sh1111T
LMFAO... your a moron !.....I never lied....and by the way quit your whining...if you have lost your #$%$$$ it's your fault !
The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings ratio divided by the growth rate of its earnings for a specified time period. The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E ratio. While a high P/E ratio may make a stock look like a good buy, factoring in the company's growth rate to get the stock's PEG ratio can tell a different story.
Read more: Price/Earnings To Growth (PEG Ratio) Definition | Investopedia
Been on the ETP board...they aren't as rabid as the ones that once inhabited SDRL.......GLUG GLUG GLUG !!!!!! if I see ya around I'll say hi.
"Although nearly all of our customers pay for our services on a timely basis, we actively monitor the credit exposure to our customers. We include in our ongoing assessments, amounts due pursuant to services we render plus the value of any gas we have lent to a customer through no-notice or PAL services and the value of gas due to us under a transportation imbalance. Our natural gas pipeline tariffs contain language that allow us to require a customer that does not meet certain credit criteria to provide cash collateral, post a letter of credit or provide a guarantee from a creditworthy entity in an amount equaling up to three months of capacity reservation charges. For certain agreements, we have included contractual provisions that require additional credit support should the credit ratings of those customers fall below investment grade."
I say this with all due respect " Your a Moron "...hows don't 5.00 bucks feel against your 1.00
These CC are 85 % BS by management...I posted how Devon said everything was well and then clobbered share holder with an offering.