SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E_K_S who wrote (52941)2/6/2014 8:24:25 PM
From: E_K_S   of 78752
 
El Paso Pipeline Partners, L.P. (EPB) - A 20% add for me at a new 52wk low.

I continue to add to my EBP position. The yield now at 8.1% and I do not expect any distribution cuts. I do expect revenue streams will not grow much until their LNG export terminal is completed and licensed. This is still 24-36 months out. Also, the parent GP KMI will support the price and/or just re-acquire the unit shares and "roll-up" into KMI.

This is one of my larger MLP positions at 2.4% of the portfolio and accounts for 11.5% of my MLP basket of income. This one is like owning KMI but w/ a higher distribution.

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext