Give it time the announcement will come and then this will be behind us.
Natural gas prices are approaching $5 and there are propane shortages with freezing temperatures down to Texas and even Florida. Next quarter earnings should be better than the last quarter .
This is a golden entry point for someone who is not knee deep into the market. APL is yielding over 8% and is growing the business. Dubay is going to help grow the business as they coordinate the new company purchases. Within the year it will be in the high 30's
We know all of the negatives! The price of the stock already reflects what they will announce. The fact that they have not raised the distribution speaks for itself. They set this date on purpose knowing that the market would be closed. GLTA
Hopefully they hedged a lot at these levels. I have been buying more because the price makes no sense. I am glad to have had the opportunity to lower my average cost and to collect my distributions.
I said this morning that this makes no sense and I will continue to buy. Did you miss it and feel badly? This stock will benefit from $4+ gas.
That is what Cooperman is thinking as well. This stock has never recovered from the LINE debacle and the secondary that was done at 21.75.
I have been buying the tax loss selling and accumulating . This stock price made no sense at 19 and should be higher considering NG prices are 4.50 now. The last purchase was negotiated when NG prices were between 3.4-3.60. Even if we didn't like the deal the price of NG is up a lot since the purchase. We could get a distribution of .60 with 1.2 coverage and a stock price of 23-24 in February.
I own some ATLS from when it was 5 and CITI analyst was saying it will go to 20, but am now heavily invested in ARP with it's high distribution cheap price and potential. Happy New Year to all, and may this stock be at 30 next year.
This is the reason that the stock fell. No increase in distribution. Pioneer had problems this quarter, and the CVX pipeline fire did not help.
They were over a 2.80 exit rate and over $3 in 2014. Does anyone know what the 43.9 million charge is for? Will it repeat in the next quarter? Hopefully not!