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Wednesday, January 11, 2006

Good Morning.

Goldman steps up to the plate this morning and starts coverage on Crosstex Energy (XTXI) at an outperform. I'm not 100% sure if they are referring to XTXI, or XTEX or both because the headline crossed under both tickers...but i'm guessing its just for XTXI.

No confusion on this one as Citigroup starts DCP Midstream at a buy.

No other market moving news this morning. Waiting for Martin Midstream to announce the price of its offering and they just did on their 8k. $29.12 is the price and with a $2.44 yield going foward you have a yield of 8.38% !

Futures are higher in stocks this morning...slightly off in the energy complex.

1 comment:

joewxman said...

Thanks...wasn't sure but they sure aren't buy XTEX like they're buying XTXI