take just one guess. Yes, a lower distribution is already factored in. But why own this MLP when others are available that yield more? That may be hedged somewhat? How about MLPs in other areas, like minerals? Why own one with the risk of lower prices and lower distributions?
I do not own BPT, I own others. Just reading this board to see what people thought about the upcoming distribution.
One thing I don't know, is what WTI price they use in their calculations, is it the first of the Q, last of the Q, or some weighted average over the Q?
VNR, HEP, others seem to be more steady, in both price and distribution.