Midstream MLPs operating mostly in OK/TX are down a bit today. The issue being low NGL prices. APL specifically is hurt through POP and KW contracts for a lot of its processing. APL distribution has been flat. SXL moves oil. Completely different MLP.
YouCan - What hedgefund?
EPD has moved up a bit sharply. With interest rates still an issue going forward and EPD yield VERY low - what is wrong with a hold suggestion? I hold lots of EPD and buy move when the time is right. Would not buy more now.
id also missed the part that RGP has never paid a dividend, has no shares outstanding, and that almost every company growing at a rapid pace will issue shares or units to finance profitable growth! According to your thesis Ford would never have issued any more shares after the first 500 in 1903!
How do you chart Janet Yellen's speech that moved MLPs up on average 4% in 3 days? What does that long term have to do with KMI?
What are you smoking? Ukraine is a very small market. Only 45M people. Mostly agricultural. Since KM not involved in international LNG shipping how does this benefit them.
Since it take $6B according to R Kinder to keep up a 5% CAGR rate how is KMI going to $45 in 2 years? Understand growth in Texas. Wondering since KMP big project is in Canada what that has to do with KMP? KMP and KMI are good investments just not ther best anymore.
kevcharkis - Think the revenue numbers are truly STUPID as ETE still is holding some utilities and other things that have huge revenues but miniscule profit margins. Also ETE/ETP etc. report in a strange manner. The original poster does not know what a MLP is and needs education.
The ex-dividend dates were corrected and changed about 3 times if memory is correct.
The pay date is 3/28 according to the press release for the $5.50 a share. Orange needs to get with the program. Not sure how Orange got $5.595 in his account as they only paid $5.50
Depends on the broker. Some brokers participate and others do not. Some you must specifically request you be enrolled. Let's not go through a list here. If you have a question - call YOUR broker.
No - Each entity must stand on its own. You actually own shares in the others. You Can ignore the negative numbers from APU, but must declare the positive ones on any of the K-1s. Reason - you cannot offset a positive income from one MLP with negative nicome from another. Simply enter 3 K-1s. Why is that so hard?
Jim - Have you been drinik too much of your namesake? There is little gas going into inventory because a producer is not going to pay .50mmbtu for storage and then get $3.50 in the fall when they can sell it for $4.50 right now. Also the use of gas drops big time in the fall when not needed for electricity generation of heating. Will get plently for next winter in a short time.