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BBEP for High Yield + Growth
Posted: Wed Nov 20, 2013 11:11 am
by dan_s
BBEP is in our High Yield Income Portfolio. I really like the cash distributions + I think it has over 20% upside from the current price. Read this:
http://www.fool.com/investing/general/2 ... m-mlp.aspx
Re: BBEP for High Yield + Growth
Posted: Thu Nov 21, 2013 3:28 pm
by dan_s
BreitBurn Energy Partners LP (BBEP): An updated Net Income & Cash Flow Forecast model has been posted under the MLP Tab.
My Fair Value Estimate has increased to $28.00/unit.
BBEP has increased their cash distributions to unitholders for 14 quarters in a row and it is likely to continue. Cash flow from operations has increased significantly with the West Texas acquisition from WLL.