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Crosstex Energy, L.P. Message Board

disabledretiree 1 post  |  Last Activity: Mar 5, 2015 1:43 AM Member since: May 30, 2007
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  • disabledretiree by disabledretiree Mar 5, 2015 1:43 AM Flag

    I read in a couple of financial sheets that MEMPs distribution was safe through 2017 because of some hedging they had done (which quite frankly I don't understand), but nevertheless, if this is true, and secondly I do expect OPEC to put the screws on the U.S. to drive down the price of nat gas and oil through fracking so we remain dependent upon OPEC (we get oil and gas, they get F-35s, F-15s, AWACS, and refueling aircraft. Nevertheless, how much longer past 2017 will MEMP be able to pay the level of distribution that it is paying now, or how much of a decline wiil it suffer because upstream E&P's are not making the kind of money they once were, and what is this hedging &$^% I've been reading about Thanks for your help.

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