In a crazy world of investing in stocks with PE around 1000, or even nonexistent dividends, I certainly love me a good ole gas transportation company with PE in single digits. I know, I know, green new deal yada yada. Well Keystone XL pipeline permit pulled could possibly mean more business for GPP. They have been recovering consistently since the covid crash, and recently issued convertible notes redeemable in the future between $23 and $30 signals confidence. In the worst case I'm looking for this to remain steadily boring with one of the best PE available.
I bought the IPO and have been receiving dividends every quarter since. I feel all alone on this beautiful mountain.
I bought the IPO and have been receiving dividends every quarter since. I feel all alone on this beautiful mountain.