Borrowing base drop of 7% or so is minimal and not the issue. The coverage covenants are a vote by the banks on the long term survival of ARP and in fact substantial support. The drop in permitted Dividend to $.15 is the big issue impacting stock price.
I currently own CCLP in an IRA account. Can someone tell me if UBTI on last years K-1 was positive or negative. It can be found as item 20V at the lower right side of the K-1. UBTI per share would also be helpful. I like the stock and would like to continue to hold. Thanks.
I own ARP in my IRA. Can anyone tell me if ARP has UBTI - Unrelated Business Taxable Income on your 2013 or 2014 K-1. This is item 20V on the K-1 or sometimes on the Supplemental Statement. UBTI per unit held would also be helpful. FYI - Negative UBTI is good, positive is bad and if it exceeds $1,000 per year in the IRA could be taxed. Thanks.