Does anyone here not think we will exceed last year's high of $22.76? Assume that is where we end up this year so the gain is $14.95 % from here with a nice 5.29% dividend for a total increase of 20.24%.
But My projection of $24 is no lomnger the high among analysts so if we do reach 24 this year then excluding any option income I make by rolling and adjusting. we hav einstead an increase of 21.12% plus the 5.29 % increase for a total gain of 26.41%.
Considering it is a mix of utility and midstream that is an excellent return especially when one can see this growing over the years especially if they eventually hive off one business from the other...
I assume I add about another 3-5% from various option income for myself. So in a borrowing environment of around 3% and less for margin accounts the merits of ownership in this stock add up.. This is why I am overweight and remain so. A company split after debt is lowered in a few years could mean a very significant gain as then we might see the $40.00 range on that action - which may be part of Randy's plan from ther beginning although he always indicates it is too early to talk about that but he is not adverse at the right time... GL PS buy below 20 while you can...IMO