Not really. If they are talking 2014 production distribution, then they have only paid four months of the 2014 distribution not six. Not a huge difference, but it does give them some leeway. I personally am disappointed that they did not increase last month.
It will only raise as it starts to cover its distribution. They have not made up any ground as last q's coverage was still at only 77%. As I have stated before, this is a three year project and how the Utica helps them cover or increase their distribution by the end of 2016 will tell where this is going. Hard to predict right now as little progress has been made. Certainly the increased revenues from the midstream will help, but will it help enough. Hanging on to my shares, average cost of 25.87 until the end of 2016 and see what it looks like then.