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MLPs
Kinder Morgan (KMI) released disappointing earnings last night that sent the stock lower after hours. But the stock is rallying hard today, as there seems to be a light at the end of the tunnel. Here are some highlights. From Richard Kinder: We are pleased with KMI’s business performance for the year especially in light...
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Founding family of $EPD just dumped $100 million into the stock… http://stks.co/j3i7w …and company announced a 5.2% dividend hike. — Charles Sizemore (@CharlesSizemore) Jan. 5 at 03:36 PM Randa Williams, chairman and daughter of Enterprise Product Partners (EPD) founder Dan Duncan, just dropped over $100 million of her own money into EPD stock this week....
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This piece first appeared on InvestorPlace as part of its Best Stocks for 2016 contest. There are several excellent picks this year, and the competition promises to be fierce! If you’ve read my work for any length of time, you know I’m not a major risk taker. In my experience, slow and steady wins the...
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It’s been about a week and a half since Teekay (TK) slashed its dividend to the bone and the stock price imploded (see “After the Teekay Dividend Cut…Now What?“). In the aftermath, I recommended holding on to the shares. At the lows for the day, TK was trading at 80% of tangible book value and...
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