Recent

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

EV Energy Partners LP Message Board

  • artist_formerly_known_as_pooch artist_formerly_known_as_pooch Dec 3, 2013 10:57 AM Flag

    EVEP is interesting here

    9.3% yield to offer a bit of safety, a $33 price right now offers a good amount of upside. Survived the secondary, they have a bit of cash for acquisitions. Gas surging in price right now and oil holding firm offers some hope for further land sales. I nibbled a small amount.

    I also traded some GPOR yesterday and today on some wild volatility. Kept a very small remaining position as GPOR is way cheap here as well after their own secondary. Holding some CHK LEAPS as well. E&P that have been hurt the most have snapped back fairly well in this pricing environment.

    holding a smallish position in LNCO as well

    But, despite my disgust with EVEP management-- 9+% yield here is fairly compelling

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I with you on EVEP also A nice buy on LNCO, timing is everything !!

    • rbb40@bellsouth.net rbb40 Dec 3, 2013 9:13 PM Flag

      pooch,if powder ($) is avail, this is a great entry point, re mgt, even an impaired squirrel can stumble upon an acorn--land prices are rising & $$ being invested is huge--30+ billion between marcellus & utica , that is without drilling, speaking of that, this week, should pass 1000 permits (utica ) issued & 670 drilled & about 170 producing ,---take a look @ stk price of cos involved in marcellous/utica,e&p, mid-stream et al----only 1 laggard---1 guess who?? (even their partner mid-stream access is doing quite well $ stk price)--bye---

      Sentiment: Hold

 
EVEP
2.46+0.01(+0.41%)Aug 25 4:00 PMEDT