Re: OKE
No Ed. I know Keebon has OKE, but I think he also posted the Wells downgrade, or I got it from the MLP board. The point is really to highlight the trust battle going on between the brokerage firms who are downgrading it and pointing out the need for a divy cut, and management insisting that one is not needed. Someone will be wrong.
The stock has had a nice bounce off the bottom, but so have a lot of MLPs. I think the same thing happened a few years ago and many thought that the turn in MLPs (I realize the there are now more c corps than MLPs in this sector) was here and that they would continue up. But then it stopped and I think many are still lower. OKE was one of the few that had an upward sloping chart pre-Covid. Were they just that much better than the others or are they due now to come back to the pack?