Through its general partner, the Company provides services to producers and consumers of natural gas, natural gas liquids, and crude oil, and is in the development of pipeline and other midstream infrastructure.
Recs
These MLPs are all pretty good to own if you are a longer-term investor. The dividend yield on these companies beats the living hell out of what most puerile simpletons do with the majority of their money. And consider the following - not a ONE of the big dividend-paying MLPs missed a div date from late 2008 to late 2009 when the natgas industry was having its hardest time since about 2002 or so.
The MLPs are not incredibly levered to the price of natgas, which is definitely a positive when you are talking about this commodity. Also, in my estimation you may see an oversupply of natgas in the near future as a lot of the big players start producing for purposes of holding the vast amounts of leasehold taken industry-wide in 2007 and 2008. (For those of you not in this industry, leases are usually taken for three year terms and can be "held" subsequent to the expiration of its primary term if there is ongoing production on the leasehold.)
And then of course there is the "impossible dream" scenario where Comrade Obama and the Congress of Ninnies wake up to the fact that we have enough recoverable natgas to run this country for 500 years.
Real nice considering the alternatives:
1) Oil - Deepwater Horizon, anyone? With the alternative being mass purchase from a bunch of suicidal madmen in beekeeper suits.
2) Coal - gotten via mountaintop removal, dead miners, and responsible for more pollution than one generally would find in the bloodstream of Tara Reid on a Sunday morning.
3) Solar and Wind - real nice if "energy policy" involves spending about $2.50 to generate $1.00 worth of power.
4) Ethanol - yeah, we get it! Ohio and Indiana and Iowa are competitive states in presidential elections. So both parties fall all over themselves to fellate agribusiness en masse. But see #3 in terms of the economics of this scam.
So anyway, yes I say all that as a guy working on the E&P side of nat gas. But I don't think that makes any of it is any less true. If we had NON-IDIOTS in charge of this country there would be a big push and all the natgas companies would run like crazy. But of course the reality is otherwise and even given that the MLPs and their midstream focus should perform pretty well as all that 2007-8 leasehold gets produced on over the next year or so. (We already have a bit of an oversupply and I predict more of that - which makes money for the MLPs - even as the resultant downward pressure on natgas prices makes things harder for traditional gas producers.)
Recs
Great company, good business practices, solid contracts
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Undervalued.
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EPE has a dividend and earnings. Great Management
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I think this company is the leader in its industry, which is a leading industry in the capital market.
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excellent MLP
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Need to include it's yield to be fair, but no reason this company should be moving down in price as it has.
Recs
The fundamentals for this company are terrible ...
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Near it's 52 week low, very undervalued
Recs
Great play on the erergy infrastructure with low risk. Expect strong increasing in the distribution.
Recs
Recs
Go with the flow...pipelines are forever...
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