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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Great growth possibilities in Gas and oil and electric utilities.
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Potential energy takeover target
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Finally turning around.
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if they focus on execution and profits with secondary focus on expansion, they will do well
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A turnaround story back on the road back to good fundamentals with fewer hiccups along the way.
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Planned MLP gets me excited, although people have speculated and bankers have pitched an MLP to EP for years
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The streak is alive and well so far in the short term. We can make some quick money here I think.
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Earning will increase due to expanded natural gas pipeline to new customers in the Northeast.
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When oil & gas market settles down at right price!
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gas/oil pipeline carrier/storage
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it's time
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No more legal fees????
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Bruised of late, will bounce back!
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federal mandates
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El Paso is a company emerging from the shadow of Enron. Even though it has a negaitve P/E ratio (WAY negative) as of this writing, it is heading in the right direction. Debt has been reduced significanly and major shareholder litigation was just settled paving the way for a much brighter future. This is a company that has good "bones." They've almost cleaned house and I predict the stock will significantly outperform the market over the next 2 to 4 years.
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Baggage cleaned up- now a pure energy play
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