Dividend Growth Forum

Anyone WMB investors?

I have a few shares and liked that Williams was going to absorb their partnerships, kind of following in the footsteps of KMI so-to-speak. But this ETE kind of came out of nowhere and I have mixed feelings about this happening. WMB refused the first offer but what's next?

I kind of liked WMB to a somewhat different investment then KMI, felt like it complimented my portfolio nicely.

KMI is getting tempting again.



Long WMB and KMI

Dont own it, but yeah KMI is looking tempting again, although I have a full position.

I was thinking of topping up my other pipeline holding (although thats close to a full position) - Inter Pipeline (IPL.TO), but all pipelines have jumped with this news of consolidation/absorption.

Another interesting development: Enbridge (ENB) announced some restructuring plans - transferring assets of up to $30B to Enbridge Income Fund (ENF.TO)
http://www.theglobeandmail.com/report-on...e25034161/
(Btw, this is seen as an aggressive move and has resulted in ENB being downgraded to BBB from S&P and Moodys)