There are 4 one dollar plus losers today as Friday's late rally gets undone on these issues. Holly Partners(HEP), Crosstex (XTXI), Markwest Energy (MWE) and Hiland LP (HLND). Valero is down 63 cents on the Goldman downgrade; Sunoco Logistics, Buckeye and Atlas also down about 50 cents or so each.
On the winning side Energy Transfer is still up but off its highs, Global Partners (GLP) and Magellan Midstream are still up fractions along with one or 2 others. The XOI index is up sharply and shooting for 1100 again. The XNG index of gas companies is also up nicely. Higher energy probably offseting the pressure coming from the 10 year at 4.87% which is a little lower than earlier.
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About Me
- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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2 comments:
joe,
any idea why BPL is taking such a hit these last few weeks?
thanks
Its been under pressure for awhile here but it seems like its death by a thousand cuts...up one day..down the next...except net net its down. Haven't seen anything newswise but if i find something i'll post it.
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