RE:RE:RE:RE:OversoldWhen you look at a comparison of the power/renewables and utilities sectors the payout ratio on the DCFS is lower for CPX (39%) than any other company - in terms of debt the leverage numbers are also better for CPX than the other companies in these sectors - CPX has a 3.6 leverage ratio - the average leverage ratio for power/renewables is 6.0 and 5.7 for the utilities - so does CPX have significant debt when compared to the other companies in these sectors? Lastly when you compare the DCF Yield going forward CPX has a higher distributable cash flow yield than all other companies except for ATCO.
Right now at 36.00 you are getting a 6.83% yield with a 39% payout ratio on the Adjusted Fund Flow from their operations and the dividend is projected to increase later this year similar to the last several years with CPX.