If or until QRE makes a comment on their stock, the trading in QRE will be hostage to the trading in LINE for now. Did you see QRE recover the minute LINE reversed. Also, that article on MLP's being a Ponzi is total BS. Yes, MLP's have risk and have to continue to replace reserves, but it's the management that makes the difference. I see QRE raising their dividend before earning after this current acquisition.
No, they won't increase the distribution, at least not materially. Recall they have a 1.2 coverage target and a dilution event in 2014 to cover.
As far as QRE being linked to LINE, yeah, obviously so. But I note LINE just turned and wiped out all today's losses, while QRE is still down over 5%. In other words, if you wanted to make another buy here, now might be the time, VNR too. And BBEP, what the heck, although it's up a buck from this morning.
I agree about the Ponzi nonsense. These companies have oil in the ground that produces revenue whereas a Ponzi scheme has no revenue producing assets. I do not see QRE raising the distribution until 2014 however.