Wed, Nov 26, 2014, 4:33 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Eagle Rock Energy Partners, L.P. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • kmr123999 kmr123999 Apr 5, 2010 3:20 PM Flag

    Out of EROC


    My understanding is that the $0.40 to $0.60 is a "base rate", which will be combined with a variable component to determine the actual distribution.

    The variable component will, of course, vary with commodity rates. Barclays is projecting oil of $80 and gas of $6. Based on those numbers, they say EROC will pay a distribution of $0.60 to $0.75.

    Again, they could be wrong. Who knows where commodity prices will be in nine months?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The distribution projections that both of you are debating assume that the NGP proposal is accepted by the non-affiliated unitholders. If it is rejected, there will be far fewer units, no distributions paid to the subordinated units, and no IDR's paid to the GP. In other words, the distributions per unit will be much higher. You will have to wait a few months longer for them to begin, but overall,you will be much better off voting no. My guess is that the majority of unitholders will see it that way and the proposal will fail.

3.14+0.02(+0.64%)4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.