Notable Insider Buying Week Ending 12-20-19
CB Duncan continues to amass sizable buys of Enterprise Products Partners, LP. This midstream oil and gas operator yields 6.29%. This seems like a buy in a low yield world but bear in mind, several MLPs in this space yield double digits and have sizable insider buying as well. If you believe the combustion engine will be replaced by EVs in the next 10 years, don’t buy these MLPs. I for one don’t believe the market appreciates the complexity and cost of making lithium batteries. A director bought $1.28 million of peer Energy Transfer Partners at $12.79 per share, yielding … Read more