Midstream rankingsI'm not sure if it's allowed to actually talk about stocks on what appears to be Fiddy's personal Stockhouse board where the total idiot/bad, rookie investor continually rants about penny changes in stock price, poltitics, his racism, how everyone besides himslef is a total dumb indiot, etc but here goes.
These are my rankings for midstream companies that my wife & I own. I think they are all in good shape to have a most wonderful 2021 and their ranking is quite similar.
1 - TRP. KXL was never going to get built so having it killed once and for all is actually good. Now they can get on with their big list of other great projects.
2 - ENB - Line 3 is going to get built and Line 5 doesn't really matter.
3a - KEY - lots of good natual gas stuff
3b - PPL - cancelling their plastics plant was a god move.
3c - IPL - Heartland was a huge risk and quite dumb to try on their own. The project is now de-risked and getting close to their mid-2022 start-up. I expect to see a significant dividend increase in the last half of 2022.
My wife & I added to TRP, ENB, KEY, and PPL on Jan 4-6 and just added 1000 shares to IPL this morning to pull it even in book value. I think that clearly shows my level of confidence in the midstreamers.