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EV Energy Partners LP Message Board

  • papadop007 papadop007 Mar 25, 2011 12:01 PM Flag

    Almost done distributing the 3 million units

    Nice profit, paid $44 selling for around $50. It will eventually come back down to $44 and trade horizontal unless double dip comes and ruins everybody's mood.

    They extended their debt maturities just like everybody else. I guess these companies expect next few years to be rough transition. I tend to agree! I'll collect my EVEP distributions until June and I guess I will be out for good.

    Be careful out there. QE3 is on, then it's not. They are not going to make it easy for us. We have to want it, before they give it to us.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The stock has gone from 34 to 50 +
      in the last 6 months! Wow.

    • The increase in prices is
      amazing...shares must be completely
      distributed by now.

      No doubt something is up with this company...

      I think it is the impending Utica shale
      that cost EVEP nothing because it a zone
      that had little value before 2010 when CHK
      made a play for a million acres that they have acquired for Utica potential in Ohio.

      The smart money has known this for months,
      thus the accumulation of shares from 40 to
      now over 50 in the last 6 months.

      • 1 Reply to rmrapaport
      • So people in New York will be content with drinking purified water in a bottle forever? The Medicaid division of New York has a budget to handle the cancer patients?

        Hopefully people look past the short term benefits, but they always fail to do.

        I like Natural Gas in our future, but the current environment of drilling needs regulation. With that regulation brings two benefits, better profits for my NG investments, and safer drinking water.

 
EVEP
2.16-0.23(-9.62%)Jun 27 4:00 PMEDT