The yield on these common units is 12.36%, with 1.18X trailing coverage. Revenue was up 20%, EBITDA grew 30%, and DCF grew 29% in Q1 '18. This LP has multiple long-term growth projects which are coming online in 2018. Management also just announced a major Permian pipeline project. There's also a new preferred series selling below its $25 call value.
Does size matter? Guess it depends on your partner. In the case of Energy Transfer Partners (ETP), it definitely does. Management has acquired and built an enormous energy infrastructure system, which is still constantly evolving. In fact, ETP's gas and crude gathering assets are located in counties where ~70% of total US rigs are currently drilling - and that's just one segment of its business.
Source: Seeking Alpha
Related Articles:
- You Can't
Spend Earnings
- Why Dividends Matter
- Hey, You Invest Like a Girl!
- Are Storm Clouds Gathering For These 4 High-Yielding Securities?
- Weekly Links: May 13, 2017
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
So, stocks are the place to go. But which stocks? While the market is clearly the place to go for strong returns, investors have different p...
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific pos...
-
A different approach is to focus on the payout. However, it’s important not to simply invest in companies that offer the largest payout. Tha...
-
As a new decade approaches, it's a good time to think about putting a few stocks in your portfolio that can stand the test of time, pote...
-
One of the Best Dividend Stocks of the Past Decade. If you ask most people to name the best dividend stocks, they’ll rattle off a similar li...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.