The firms are of the opinion that the company is well positioned to reap the benefits from Halley phase I expansion, Halley phase II, Florida Gas Transmission (FGT) phase VIII, and the Pascagoula lateral project. Additionally, the firms are of the opinion that the company has Gathering and Processing (G&P) opportunities in the West Texas shale plays. These firms also believe that the company’s shares have positive leverage to crude oil prices supported by stable cash flowing pipeline franchise that is set to expand with the addition of FGT Phase VIII.