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EV Energy Partners LP Message Board

  • punbr punbr May 10, 2013 10:05 AM Flag

    Recovery is very encouraging. More than $3 off the lows and moving higher.

    Wouldn't surprise me to see it close higher today.

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    • Actually, you have been given a clear warning where EVEP's stock price is heading which will bring EVEP in line with the current distribution yield for E&P MLPs as a group. Ignore the warning at your own risk. The true value of Marcellus land is being shown to you by CHK and all the momentum investors are going to leave this stock as quickly as they can. Once the momentum investors are gone EVEP will settle into a range that provides a yield that is enticing to MLP income investors. In other words, selling in the $60s was exactly the right thing to do because MLPs are not momentum vehicles and everyone got caught up in a few sales by CHK to foreign investors that wanted in but now realize they paid a huge price per acre for nada.

    • The recovery is just beginning. There's a lot of value in EVEP's Utica acreage, and that value is not affected by anything CHK is doing.

    • I think investors have finally concluded it can't get any worse, so it's finally time to buy. The only way the company could disappoint more at this point is by revealing they don't have any real drilling rigs, just paper-mache cutouts.....

3.43-0.16(-4.46%)Nov 27 1:00 PMEST