The standout this morning is Transmontiagne (TLP) as the GP TMG accepts a takeover offer from Morgan Stanley. TLP is up 90 cents...and we'll watch to see if this is a chart breakout later in the day. See charts in an earlier post.

Meanwhile MLPS are mixed to higher at the open. Copano is up 27 cents as is Magellan Midstream. Buckeye, Crosstex LP and Energy Transfer have small losses.