Episode 56: More Pipeline Companies Are Buying StockNovember 20, 2020/2 Comments/in SL Advisors Talks Energy/by Simon Lack SL Advisors Talks Markets Episode 56: More Pipeline Companies Are Buying Stock Play Episode Pause Episode Mute/Unmute Episode Rewind 10 Seconds 1x Fast Forward 30 seconds 00:00 / 00:05:17 Subscribe Share RSS Feed Share Link Embed In this week’s podcast, Simon Lack discusses the growing trend towards pipeline buybacks https://sl-advisors.com/wp-content/uploads/2013/04/logo1.jpg 0 0 Simon Lack https://sl-advisors.com/wp-content/uploads/2013/04/logo1.jpg Simon Lack2020-11-20 05:00:442020-11-25 16:37:09Episode 56: More Pipeline Companies Are Buying Stock
Mr. Lack. Thank you for the podcast. I do believe what you are saying is true and have gotten back into pipeline infrastructure companies in the last few months. This is only after being disappointed in myself several years ago for not recognizing the implications of the collapse of oil prices on the midstream players. KMI was my most notable MLP disappointment, but I’m now back as a C-Corp KMI investor.
EPD is still an MLP and doesn’t issue stock. Its equity is in partnership units, and that’s what it is buying back, not stock. That’s also true of PAA.