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Replies to post #27 on Enterprise Products Partners LP (EPD)

Replies to #27 on Enterprise Products Partners LP (EPD)
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OilStockReport

08/09/11 7:23 PM

#28 RE: dolamite #27

Thanks for the update.
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OilStockReport

08/23/11 7:48 PM

#29 RE: dolamite #27

Like this upward trend we have going here. EPD is one of Cramer's favorites.


Enterprise Product Partners (EPD): Cramer likes EPD and thinks it is dirt cheap at its current levels. However he warned viewers that there is negative chatter about MLPs losing their tax breaks.
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johnsyn

09/01/11 2:06 PM

#32 RE: dolamite #27

Enterprise and Energy TransferTerminate Proposed Joint Venture
HOUSTON & DALLAS, Aug 19, 2011 (BUSINESS WIRE) --

Enterprise Products Partners L.P. (NYSE: EPD) today announced it will not be moving forward with a proposed joint venture with Energy Transfer Partners L.P. to develop and construct a 584-mile crude oil pipeline from Cushing, Oklahoma to Houston. While the recently completed binding open commitment period generated significant shipper interest, agreements with the capacity and terms necessary to commercially support the project as planned were not sufficient. Enterprise remains committed to developing a crude oil pipeline from Cushing to the Gulf Coast and will continue to work with potential shippers to secure additional support for the project.