take off your blinders and find out there have been unusual actions across the market ... i don 't know if
it's because QE is ending or Q3 is ending , or there's a glut of gas/oil , or do the insts believe that
Europe's deflation could affect global matters ? MWE got whacked over the last week or so , after a
great run ... i'm starting to get quite cautious and plan to sit tight for awhile ... could also be
jitters over upcoming election ... dunno , but the air just feels a bit funny .. .g
Yes. And of course Continental knows the Bakken. They discovered it!
From 2016 on, APL can grow by 500 MMCF processing capacity per year organically. I think this is conservative based on the very positive assessment from the SCOOP as well as better traction in the Eagleford.
I'd say we are in 3 A+ basins with the Mississippi coming in at a B.
I have you been reading the Continental Resource pieces. They think the SCOOP basins could be as large as the Bakken!! Amazing stuff..
Looks like the Ardmore/ Scoop is about to make some noise.
Hats off to management getting into the Permian and now the Ardmore on the ground floor. Years of growth ahead.
"Atlas Pipeline Partners, L.P. Announces Start-Up Of New Edward Plant In West Texas With Higher Than Expected Initial Utilization Rate"
...The addition of the Edward facility increases the name-plate processing capacity on APL's WestTX system from 455 MMCFD to 655 MMCFD, an increase of approximately 44%. The incremental capacity, located in Upton county near the Benedum plant, is fully integrated into the WestTX system and can process producer volumes from anywhere across APL's best-in-class footprint.
Due to the continuing high level of dedicated producer activity across the Partnership's WestTX system, the initial utilization of the Edward processing plant's 200 MMCFD of processing capacity has exceeded APL's preliminary expectations. The WestTX system is currently processing in excess of 515 MMCFD, approximately 79% of the new system-wide capacity of 655 MMCFD. The Partnership anticipates volumes to increase throughout the remainder of 2014 and into the first half of 2015, and is expecting the system to be fully utilized by mid-2015.
It really looks like someone is trying to break this stock. Second morning in a row that someone dumped a whole bunch of stock at once to bang it down. Short sellers trying to panic people?
APL currently listed in top ten MLP list at BAC/ML...others on list include DPM MWE PAA EPD etc etc..so APL in good company....and since its near bankruptcy days APL has sort of settled down..incremental,organic growth reassures conservative type investors who abhor volatility....
Stifel reiterated it's buy recommendation and raised it's price target from $36 to $40. Anything that is good for APL and ARP is even better for ATLS given the IDR leverage.
short attack that seems to have failed given the 2 day run... or bot trading in which case you can expect the roller coaster ride to continue until some sort of news gets rid of them due to an increase in volume which hampers their entry and exit points... either way its just noise keep your eye on the prize which is the distribution...
APL is a certified hedge fund stock, as well as a punching bag. Hedge Funds are synonymous with "over-reaction", If you think APL is bad, watch ATLS, full of hedge fund criminals shorting maniacs. They should all be deported to either Guinea, Liberia, Nigeria, or Sierra Leone.
Conference Call, First question:
in the back half of ‘14 here looking at the funding needs, get the improving balance sheet that the divestiture to see any equities in the second half or just the ATM [At the Market Program] is sufficient, any color there would be great?
Trey Karlovich - Chief Financial Officer
Yes so what I can tell Derek is yes we still expect the ATM to be sufficient to fund our capital needs.
Will this matter to Hedge Funds? No, there modus operandi seems to be: Short upon the earnings release, whether good, bad, or ugly , and they will find one of their Investment Banking stooges to downgrade if necessary.
stuck at 78 cents per unit. They cleverly tried to hide that by not mentioning it in the press release. Does not matter as hedge fund criminals jump on and short anything going south. Longs will just have to wait it out.
Some of the Wall Street analysts who were on the call who asked questions have issued some post conference call comments. Most said the results for the quarter were in line with expectations with execution risk still in S. Texas. They also said APL on a better path than the last 3 quarters.
That was Leon's son Wayne. He's a bit of a #$%$, the spoiled little #$%$.
I think some one wanted to hear some firm contracts on S. Texas, but wisely Management did not respond to the sarcastic baited question at the end