My AB came with in $5 this year and when I looked into what I would have to do if it goes over it is a nightmare.Thinking about selling it just to be sure it doesn't go over next year.
You also get to deduct the L1 losses ((substantial) accumulated against that income when you sell that you could not deduct unless you had passive gains in other investments.
Yes you may want to check insider buying Forbes it says he bought them on March 11 2015
At Energy Transfer Partners (ETP), a filing with the SEC revealed that on Wednesday, Group Chief Financial Officer Jamie Welch bought 20,000 shares of ETP, for a cost of $54.97 each, for a total investment of $1.1M. Energy Transfer Partners is trading trading flat on the day Thursday. This purchase marks the first one filed by Welch in the past twelve months.
Has anyone received the K-1 yet? I guess they've been busy with other stuff, huh? I wonder when they'll issue these?
With this buy out still going on,and the assumption of the OK by RGP unit holders, how does the share exchange work based on the $26.89 share price and the .4066 shares, and the price of the units now ?
I attribute the drop to a general expectation that the Fed will allow interest rates to rise sometime this summer or fall as the economy continues to recover and employment holds steady. Inflation is still low with stagnant wages and low oil prices, but rising interest rates will hurt bonds and all other "income" investments (such as MLPs.) Most MLPs are thinly traded, so a little selling has a greater effect. Even a 7% yield isn't enough to blunt the impact of a rate rise.
ask yourself what happens if the producer that has the contract with ETP goes BK...
What's the contract worth and what happens to the flow
Then consider that energy pipelines are regulated by the FERC and they set the rates that pipelines can charge.... what happens IF the Govt decides that in order to keep energy production (NG and NGLs) in line with demand in the US they cut the rate that the pipelines get for these commodities
I read up on MLPs 101 as you told me. I found out that ETP is " a transfer" i.e. pipeline for
NG. Therefore they are paid for what goes through their pipelines. The caveat is that
they are under contract. They get paid whether the lines are being used or not. Some
contracts are long term. The price of NG is low so the additional caveat is they get to
ship more because people, like investors, like to buy low not high,
If you are correct about NG production, why is KMI and ETP building a pipeline for gas to Mexico?
An interest rate increase of 1/4 % is going to kill ETP yielding 7%??? Utility Forecaster is a newsletter that includes MLPs. Why try to make me a fool? I own 7 different MLPs but the one
I own the most is ETP and my question remains unanswered. How can a highly rated MLP
go down almost 20%, even when the market was going up 200 points?
Arbtrdr, Thanks for your comments. Please note that I did write that the distribution is deferred until the owner sells ETP or receives 100% of their capital back in the form of distributions.
Sentiment: Strong Buy
Group Chief Financial Officer Jamie Welch bought 20,000 shares of ETP, for a cost of $54.97 each, for a total investment of $1.1M.