Targa Resources Partners LP (NGLS)

DemonDoug (99.78) Submitted: 5/08/08 12:15 AM : Start Price: $22.91 NGLS Score: -19.13

I still like the high dividend paying steady oil/gas pipeline companies. This one has some room to the downside but is nearer the 52 week low than the 52 week high. This company will be making money, will it continue to grow and grow the dividend? I think it's likely. The prices of oil and gas do not affect the midstream players as it is more of a spread and cost of business thing. This should be more steady, you won't get a huge swing in share price, so if the general market trends downward there is a good upside to this stock v. the market.

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