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Re: oldberkeley post# 9198

Friday, 11/28/2014 2:12:47 PM

Friday, November 28, 2014 2:12:47 PM

Post# of 29293
ENLK: Doubling in size by 2017

My basis for owning ENLK is simple and longer term. ENLK has stated the company will double in size by 2017. Will share price double with it? Probably not quite, but some market cap expansion should occur (hopefully not to much by way of offerings). Ill happily collect 5% on a company that will grow that much in 3-4 years. ENLK is 51% owned by Devon and the growth will be supported by that relationship. Also ENLK is 95% fee based with inflation adjustments in place if needed, providing a large amount of stability and inflation protection.

Best of luck

P.S. ENLK had a share offering very recently, so that threat is off the table for the near future.

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