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Re: None

Tuesday, 09/22/2020 11:38:42 PM

Tuesday, September 22, 2020 11:38:42 PM

Post# of 1583
Maybe I’m a little overly cautious, but I remember Seadrill saying everything was fine back in 2015 as they sank and shareholders held for the next run up. The energy sector has taken a huge hit this year. Even many solid companies are feeling the squeeze. Whereas Energy Transfer’s infrastructure is an economic necessity, it doesn’t mean they are. Assets change hands across time and circumstances. All I’m saying is, watch the cues. Maybe the company is being forthright in their email response, but maybe they aren’t being completely transparent, too. I’m curious to see how long the dividend holds up. I truly hope they weather this current economy. I have money parked here, too. Retail stockholders are the last to know the full story in these situations, but the dividend keeps us on the hook...for now.
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