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Peter
What’s your take on SRLP? Yield 9%, coverage 1.8.
Robert Rapier
I just checked. The metrics look pretty good, but I will have to dig a bit more to know the full story. But they have performed quite well this year. The one thing to be wary of is how exposed they may be to downstream margins. If oil prices move up to the $60 range next year as I expect, it will create some headwinds for downstream and related businesses.
Stock Talk
Peter
What’s your take on SRLP? Yield 9%, coverage 1.8.
Robert Rapier
I just checked. The metrics look pretty good, but I will have to dig a bit more to know the full story. But they have performed quite well this year. The one thing to be wary of is how exposed they may be to downstream margins. If oil prices move up to the $60 range next year as I expect, it will create some headwinds for downstream and related businesses.
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