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Re: pete807 post# 704

Sunday, 10/10/2021 2:14:34 PM

Sunday, October 10, 2021 2:14:34 PM

Post# of 870
Great point Pete! EPD is heavily supported by the analysts. However it seems that ESG, K-1 and LP tax rules, Potential elimination of LP's by the current administration, divestment of fossil fuels companies from pension funds, etc., are keeping potential investors at bay. Holding the price down.

I buy EPD as a forever hold income investment. For the reasons above and possibly others, I don't necessarily expect much price appreciation much like we haven't seen in many years. A good "bond" it is. It definitely be interesting to see how EPD reacts if we see $100 oil again which, at this point, wouldn't surprise me.

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