Morning news with earnings breaking on Holly Partners. Crude and Nat Gas are down this morning; stock index futures are higher.
Looking for Atlas Pipeline to extend its rally this week off its great earnings and the new 81 cents distribution. At 3.24 a share going foward APL's foward yield is 6.89 percent....2.30 ish above the 10 year. So i beleive one could argue that MLPS can rise as long as distributions rise at a faster rate then the 10 year to keep the yield in line.
No upgrades or downgrades so far.
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