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EV Energy Partners LP Message Board

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  • marklibera marklibera May 12, 2009 8:49 AM Flag

    What's the deal here?

    It's not that the reported GAAP numbers are meaningless, it's just that GAAP earnings per share may not be the most important number to focus on because of the effect of marking to market the hedges each quarter. For these mlp's, it may be better to focus on distributable cash flow and distribution coverage ratios. Some of the better analysts understand this and analyze the different companies in the sector according to these metrics.

 
EVEP
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