Asset sale ahead of schedule, oil up 1% today, ex div feb-5, and we're down. time to buy more ?
it doesnt seem right.
unless people think obama is going to throw another wrench in hyrdocarbons, or unless that recent debt sale is a bad omen. You wonder why, with the company making money, and with a planned asset sale continuing, you wonder why they are borrowing another ton of money. I haven't seen what its going to be used for. Its an MLP. Its not private equity. It can't be for payments to insiders, can it ?
Obama showed his true colors in his inaugaration speech. He would rather spend more money, heal the planet, before fixing the country's economy. Despite Obama the domestic natural gas and oil economy is improving despite Obama, so no its not really related to ETPs downtick.