- ETP is the principal owner of DAPL; 85% complete; mired in ObamaDelays
- proposed Sunoco - ETP merger will not be impacted by the project
- Warren will become the CEO of the merged pipeline business
- ETP previously acquired Sunoco in 2020; $5 billion deal; but ETP/Sunoco kept as separate businesses -- now simply combined
- Sunoco is ETP's fourth publicly traded business
- Sunoco will remain EPT's gas station and convenience store wing
- ETP president/COO Mackie McCrea will become CCO of the merged Sunoco Logistics entityunder Warren
I noted that Trump / Pence are working to keep Carrier in Indiana and not moving the workforce to Mexico. Okaying the DAPL pipeline once Trump / Pence are in office will be a cakewalk compared to getting Carrier to stay in Indiana.
The
Standing Rock Reservation might want to start negotiating in good faith
with DAPL to get best deal possible; after January 20, the game
changes.
For the archives:
For the archives:
- ETP
- ETP: November 1, 2016 - $34.68
- ETP: November 25, 2016 - $35.34
- EPT: 52-week range: 18.62 - 43.50
- ETP: dividend yield - 11.99%
- SUN
- SUN: November 1, 2016 - $28.46
- SUN: November 25, 2016 - $21.80
- SUN: 52-week range: 21.01 - 40.06
- SUN: dividend yield - about 15% annualized November 1, 2016
- ETE
- ETE: November 1, 2016 - $14.68
- ETE: November 25, 2016 - $17.30
- ETE: 52-week range: 4.00 - 19.99-
- ETE: dividend yield - 6.49%
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Thanksgiving Leftovers
I think I mentioned the other day that I always keep pasta in the refrigerator -- perfect for one or two people when it is said that it difficult to cook for one. Not true.
So, today, when I saw the left-over ham our daughter gave us after yesterday's Thanksgiving dinner, I thought of the perfect place for a few pieces of the Honey-Baked Ham:
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