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pete807

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pete807

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Re: OldAIMGuy post# 721

Wednesday, 01/12/2022 1:58:51 PM

Wednesday, January 12, 2022 1:58:51 PM

Post# of 872
They announced a large acquisition in Nat Gas space all cash which will increase distributable cash flow by est ave .20.
3.5 B
https://finance.yahoo.com/news/enterprise-epd-signs-3-25b-121612521.html
https://seekingalpha.com/news/3786516-enterprise-products-partners-buys-navitas-midstream-in-325b-deal

Plus they are back on their steady upward addition to the distribution, which they cover well and retain plenty of cash for worse case scenario.

Sleep well my fellow longs

-pete

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-

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