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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (52637)	10/28/2013 3:10:55 PM
From: Paul Senior	Respond to of 78717

Okay, I'll follow you here and reenter DPM with a small purchase. (I'd closed my position in March.) I don't follow these lp's as closely as you do. For me then, at DPM's current high price (relative to past couple of years), I view DPM as a speculative buy. For you & others who might know what they're doing, it is or could be a value buy. jmo

To: E_K_S who wrote (52637)	8/18/2022 8:55:05 AM
From: E_K_S	Respond to of 78717

Phillips 66 offers to buy pipeline operator DCP Midstream HOUSTON, Aug 17 (Reuters) - U.S. refiner Phillips 66 (PSX.N) on Wednesday offered to acquire the public units of DCP Midstream (DCP.N) in a deal that would value the pipeline operator at $7.2 billion deal and bulk up Phillip's natural gas liquids business. Canadian pipeline operator Enbridge, which owned 50% of DCP's general partner, said it would reduce its stake in the company to 13.2% from 28.3%. It received a $400 million cash payment from Phillips 66 as part of the deal.