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Thursday, July 13, 2006

MLPS are lower as a group as they follow the market but they are holding up better than most other issues...supported by a general firmness in energy and steady 10 year yields. The AMZ MLP index is down just 14 cents at 249.84.

Regency Partners (RGNC) is the big winner today up nearly 1 on its purchase of Tex Star field services. Global Partners (GLP) and Enterprise Products Partners (EPD) are up fractionally.

Losers include Penn Virginia Resources (PVR) as it continues to drop on its IPO announcement a few days ago of its general partner. Duke Midstream (DPM), Trans Montaigne(TLP), Hiland LP (HLND) and Markwest Energy MWE) are all down fractions.

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