epd is an energy transportation company, as long as

NG is flowing in its pipe, it should be good. It is not directly related to NG, Oil price, but if economy is in recession, the volume may decrease, but my guess is that volume decrease should not be dramatic.

I do not know if there is any bad news brewing from inside. I have been paying attention to this company for a long time, it is a boring business, but has great moat, no one will invest a second pipeline if there is already one, it is like building a freeway, one is enough unless there is a real demand for a second one.

Anyway, if interested, buy slowly, it may continue to do down following crude price.

This one was a pick of fool.com's income investor long time ago.

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Thanks, I am really not good at FA -谷米- 给 谷米 发送悄悄话 谷米 的博客首页 (0 bytes) () 09/16/2008 postreply 00:41:28

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