I wonder why their dividend coverage is off? That is the primary factor why their stock is down. I know most of their revenue comes in first and fourth quarter when northeast heating volumes are higher but most capital projects (expenditures) are done in the summer. It's always tough balancing these expenditures with income and maybe that's what's happening here again? If so go long!
MLP describes a variety of business. Is this company well positioned for oil exports?
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MLPs react to energy prices. Even though BPL is less reliable, it is tied to The MLP market. In this last quarter it did not meet market expectations and its dividend coverage dropped below 1. They have made long term investments and will recover in the future. Though they are ex dividend, it would make a fairly safe investment now for the future dividends and a possibility of growth by the end of this year. I am long on this investment.
It's like someone let the air out of BPL's unit price...Someone or something has to re-inflate this!
Long BPL and will add more if the sell off continues...
looks like $54-$55 is the bottom for BPL. buying my first 200 shares of BPL today. hope, i am correct...
I think BPL might have reached its upward limit and that a pullback may be possible. This is so frustrating trying to find trade ideas. I've subscribed to some email newsletters which helps me with new stock ideas. awe.some*sto-cks is the one i like best.
why is BPL sick? Trying to find the reason
DOES BPL DO ALOT OF BUSINESS WITH VEN. BECAUSE ALL OTHER PARTS OF BUSINESS LOOKING UP ?
it's ridiculous that for BPL every fundamental is applied and the stock reacts but TESLA is in deep #$%$, overvalued to the Moon and it's driven higher by algos and Fed. BPL has a great dividend and it's profitable. so effed up
BOUGHT SOME LOOKING TO ADD.
Buckeye is a great holding. I also like ETP.
Remember buy low and sell high.
Bought more today right before the x date, at year low. Just remember for every share you sell panicking, someone is buying with a cool head.
Is it time to make a move on BPL? google awesome*sto-cks - they offer pretty good trade alerrts. you dont have to trade their tickers but it definetly helps you recognize possible patterns for stocks you're trading.
MOST LIKEY GOS DOWN TO UNDER $58
Who says BPL isn't poised for potentially massive upward movement? awe-som*sto-cks recently alerted this company i think. google them.
great time to buy -- buy -- buy -- lower that basis!
Why are these mlp's acting so sickly? Oil is up, the market is up and interest rates are low. So why are mlp's so weak? I know its probably one of those inexplicable down times but it still bugs me.