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  5. ET: TRP’s share volume in NY was 108% above daily average volume today. [Energy Transfer LP]

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Q: TRP’s share volume in NY was 108% above daily average volume today. Is this related to conversion of preferred shares to common? Share price has also declined for several months. Is TRC a good addition to a portfolio that is overly aggressive, and where the investor wants to add some securities to make things less uneven? What are TRP’s prospects vs. KMI and ET. Do you prefer either of KMI and ET over TRP (ignoring dividend tax credit) ?
Asked by Adam on June 26, 2025
5i Research Answer:
ET is a US limited partnership and has ridiculous tax disadvantages to Canadians so we are going...
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