WPT is a pipeline company which has been hit by oil prices. However these companies aren't directly affected as they are like middle men just taking some off the top.
Going forward there will be big demand to move oil/gas as it is all in storage across the country right now.
Company has low Debt, good cash flow, good ROC, ROE and most of all is supporting a 9.28% dividend yield even though I wouldn't be surprised by a slight dividend cut it would still be a high yield.
Other companies in this group are $ERF (8ish yield) and $GPP (11ish yield).
If i was thinking about retiring within 5 year's I would be buying the hell outa these companies. But remember don't get too exposed to oil and gas sector.
Going forward there will be big demand to move oil/gas as it is all in storage across the country right now.
Company has low Debt, good cash flow, good ROC, ROE and most of all is supporting a 9.28% dividend yield even though I wouldn't be surprised by a slight dividend cut it would still be a high yield.
Other companies in this group are $ERF (8ish yield) and $GPP (11ish yield).
If i was thinking about retiring within 5 year's I would be buying the hell outa these companies. But remember don't get too exposed to oil and gas sector.