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Mar 17, 2020
10:09
:52
am
ray ray
All-American
But why? Their distributable cash flow last quarter was 2x their dividend
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ray ray
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abe froman1
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ray ray
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Sep 11, 2010
Last login
May 15, 2024
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3,991 (8 FO)
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Messages
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Time
Stock Gurus, any thoughts on Energy Transfer (ET)? 4.2 P/E seems really low even
ray ray
3/17/20 9:56am
I'd be shocked if that dividend doesn't get slashed.
Pimpin4Paradise
3/17/20 10:00am
But why? Their distributable cash flow last quarter was 2x their dividend
ray ray
3/17/20 10:09am
Because they're going to see a substantial revenue decrease in 1st/2nd quarters. No need to pay a 20% dividend when your
Pimpin4Paradise
3/17/20 10:18am
I don't see it, the vast majority of their revenue is take or pay long term
ray ray
3/17/20 10:22am
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