Replies to post #405 on Energy Transfer LP (ET)

[koolmc]

yep was looking at short term prices in few months but in longer term say a year out then yeah, i'm liking the cash flow they got to ride this out and insider buys earlier on.

[downthehatch]

EXACTLY!
And they keep guiding that the divvy is safe.
This looks like an $8 stock to me.

[mgland]

The more I look at this the more I agree. Cutting the Divi and the CAPEX would do wonders for this. Leverage already is... but is going to be an even bigger concern going forward. There is lingering uncertainty everywhere and addressing that and balance sheets are what is needed