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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Lorne Larson who wrote (711)1/23/2001 7:40:53 PM
From: Lorne Larson  Read Replies (1) | Respond to of 11633
 
Anyone had a look at Taylor NGL? They own a straddle plant in B.C. which extracts things like propane and ethane from NG. Been trying to figure out what the high NG prices are doing to their margins, but don't know enough about their industry to do a proper analysis. I think they do well when NG is low and oil is high, but for the last year they've both been high. I know that they paid a .24 quarterly dividend in November and will, I assume, be very soon announcing a quarterly dividend for February. At a unit price of $4.70 that's a pretty decent return. They traded well over $10 a few years back. Stock price has been moving up nicely over the past week.

I think I posted on this a while back but didn't get much response. Anyone own these guys?