Post by
Sukhi19 on Sep 26, 2024 4:15pm
Best Bet to Play Liquids
It is a long term hold.
It may fluctuate with oil prices.
But whatever be the oil price, oil has to flow.
Yield of 9.40% has to shrink at some point. The dividend may not be increased but it should stay at present level unless we have been lied to. Managements are famous for announcing big dividends and then cutting it subsequently. Fingers crossed. At present dividend is not covered and that is why it is over9%. Seems like a familiar story in oil patch. Bite in to your postion.
TC Energy enterprise value is $132 Billion.
.2% of 132 is 26.4 Billion.(SOBO)
PPL is $47B. Key is $13.6B.
SOBO is double the size of KEY.
With interesrt rates coming down TRP, ENB and SOBO should do well.
IMHO.
Comment by
cavinsin on Sep 26, 2024 7:04pm
Yield % per share will shrink with rising share price, , who knolws, I just added today, in hopes of SP staying here or rises, Will reasses in a few weeks or so, when I receive shares from Spinn off,
Comment by
bossu on Nov 13, 2024 6:56pm
Fun to read former post !! Quite obvious that the actual share price to increase Demand for SOBO share to increase in the near futur Srely a best bet Yield is the key PPL 4,78 TRP 4,88 ENB 6,23 KEY 4,72 SOBO 7,80 The key: to be invested in SOBO/TRP/ENB jn the setor
Comment by
TimeBuilder1 on Nov 14, 2024 1:02pm
Agree but we Donot hold an KEY.T at present Regards & Future Good Health, Take care, TimeBuilder