Watching after hours for news...Atlas America and Atlas Pipeline Parnters announce additional hedges in the natural gas market. Which begs the question...when Crosstex marked put options to market last fall it was at much higher prices. With Nat GAS down 6 bucks off those highs...those puts must have moved sharply higher. Food for thought there.
Conference call for Teppco is scheduled for 9am tomorrow morning. You can get there from here! Earnings are not out yet.
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3 comments:
Joe,
The TPP story in a nutshell:
" Net income for the fourth quarter of 2005 increased by 19 percent to $44.6 million, compared to $37.4 million for the fourth quarter of 2004. Net income per unit amounts were $0.45 and $0.42 for fourth quarters 2005 and 2004, respectively."
So, what will those 3 cents amount to?
Carlos
lets wait for the conference call and see if they saying anything about growing the distribution in 06. That will be the driver i think!
That's the real bottom line!
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