Monday, April 24, 2006
Good Monday Morning!
A few news items to catch up on from Friday's close. Markwest Energy increases its distribution by 5 cents to 87 cents which brings it to 3.48 annual. This should move the stock today. Also announcing a distribution but with no increase is Martin Midstream Partners.
This morning we have an upgrade from Citigroup on Sunoco Logistics which goes to buy from a hold and target priced raised from 44 to 50 bucks. Should also be a mover here.
No other corporate developements this morning. Crude down this morning at 74.50 but still in breakout mode so we're on alert! This week we'll see earnings from many MLPS along with distribution increases so as the news breaks...we'll post.
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