El Paso Corp (NYSE:EP)
An energy company, primarily operates in the regulated natural gas transmission and exploration and production sectors of the energy industry. Its purpose is to provide natural gas and related energy products in a safe, efficient and dependable manner.
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Fortune 500 top-ten performing stock from 2011.
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debt pay down and spin off of pipeline assets
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Will continue to outperform until E&P spinoff later this year. there will also be a pickup when Ruby goes online this fall.
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EP is spinning off its Pipeline and forming EP Pipeline Partners after the first of the year. EP will increase the dividend after a period of adjustment.
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breakup, good value
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A good pipeline co with management that will make it grow in value
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Its a Latin thing...
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Going long on a series of Nat Gas picks.
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Here's the buy rec:
http://www.fool.com/investing/general/2011/01/19/rising-star-buy-a-basket-of-energy-stocks.aspx?source=ihpsitota0000001&lidx=4
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The company is fairly well positioned to do so, especially now with pre winter season upon us.
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I'm a fan of NG right now
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Energy Pick
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This one isn't as rationalized as my picks normally are, besides that I like the margins on this guy. I'm liking nat gas right now and this is my dog in that race.
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ResearchTeam Accumulate June26
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largest pipeline co, good expansion prospects, good shale reserves, now why did they sell the baja pipeline, otherwise mostly good
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