No after market developements so far as i can see after a mostly down session for MLPs. A few exceptions includ Hiland LP which was +1 and change after annoucing a merger with its GP to become an LLC (not a member of the FDIC AND SIPIC!). and raising the distribution to 2.35 annual or nearly 59 cents a share from the current 45 cents per qtr. Seems to me that fair value for this grower (5 % yield which is higher than the yield was before today's action) would put fair value around 46 per share. COPANO soared from 29 to 41 when it bought Scissortail and raised its distribution to a minimum of 2 bucks...but i guess buying another company is being valued higher than merging with your GP. But from a distribution standpoint this stock looks cheap in my never to be humble opinion.

Buckeye also bucked the trend today up nearly 60 cents...no news to speak of.