MONDAY AFTER THANKSGIVING..WHO IS BREAKING OUT?

Its Monday and its a bit hard to get going this morning but let us begin with some news on Regency Partners as it begins a placement of some senior notes. Also we have breaking news on Natural Resource Partners as they buy another coal operation. Thats it on headlines so far this morning. No upgrades or downgrades to speak of so far but the morning is young.
Meanwhile I have 2 charts this morning that look like they are getting ready to begin another upleg. Energy Transfer Equity which lately has been lagging Energy Transfer Partners has been absorbing some supply from its recent deal financing structure. The chart says to me that this may have now been fully discounted and that ETE could begin playing some catch up.


Meanwhile there is LIN Energy (LINE)which has already pre-announced its next quarter distribution which takes it to 2.07 annual. Right now this MLP is priced to yield 7.9% on the new distribution while it trades at 6.60% this morning on the old distribution. So this stock should actually be trading around 31 to reflect that yield.




Sooner or later the market will wake up to that and push the stock where it belongs imho.

There was an ipo last week of a new MLP... Constellation Energy Partners (CEP)
which is from...get ready now...Constellation Energy! Hat tip to Hrisdon for picking up on this. I will check out the details but it looks like it was recieved okay by the markets.
Over the weekend i've been setting up a bulletin board just for us MLP users. I have been adding the companies to the list and if you don't see yours or if i've missed one please leave me a note by leaving a comment on the link provided at the end of this post. I have also added a bulletin board link on the blogroll to the side.