When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
AROC - Teekay: Energy Transfer Deal Suggests Huge Upside
Archrock Inc.
Report Overview
The following report highlights the recent Energy Transfer Partners (ETP) simplification merger into Energy Transfer Equity (ETE) and parallels that ongoing saga to our current transitional thesis with Teekay Corporation (TK) and Teekay LNG Partners (TGP). We've pointed out this comp along the way and this latest one drives a clear cash flows multiple, which I believe is relevant for Teekay.
Also note that I've been long ETP in purchases during late-2017 and early-2018 and have been a clear proponent of their expected value upside.