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seasonedwell

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seasonedwell

Re: seasonedwell post# 84

Sunday, 02/14/2016 4:55:34 PM

Sunday, February 14, 2016 4:55:34 PM

Post# of 1592
At $50 a barrel, midstream companies will get a huge bump in their revenues, while North American drillers will be able to stay afloat until new drilling is required to meet expanding demand -- expected to happen in 2017.

As for ETE, its current bargain price is unlikely to last for long. Its price was up 13% on Tuesday. Other MLPs prices that went down this week in sympathy and worth having a look at include: Spectra Energy Partners (NYSE:SEP), Enbridge (NYSE:ENB), and ONEOK Partners (NYSE:OKS).

This article was brought to you by Rida MORWA, editor of Retire with High Dividends.

Retire with High Dividends Portfolio:

A "Buy Alert" for ETE was issued yesterday to the subscribers of Retire with High Dividends. The stock at the time was trading at $4.38.
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