Not sure if anyone caught this part of the conference call in which Walker alluded to the Utica and the future possibility of distribution growth and a big deal that could come about by the summer. If we get a selloff in the next month, this may give an opportunity to add even more.
"...since we’re facing a major event in the history of EV Energy Partners in terms of the quality of the Utica that we’ve made the decision to see how this plays out over the next few months before we make that longer term decision because it will be impactful in terms of our distribution. And our distribution obviously is one of the most important things that we do. The reason, and if you look at us versus anybody else, our compounded growth rate is over 16%. There’s no one else in double digits. We’re the only ones that have increased our distribution although as you use the word fractionally we’ve increased it fractionally over the last few quarters or several quarters. And so this is very, very important to us and I think the fact that so many of us around this room have bought shares in the open market, it’s a major part of our portfolio, it’s important to us also. But again, we want to make decisions that are good over the long term.
"There’s no one else in double digits. " What are they talking about? There are plenty of other MLPs with higher total return.
"We’re the only ones that have increased our distribution...over the last few quarters or several quarters" Again, what are they talking about? They are way behind MOST other MLPs in terms of distribution growth over the last 2 years.