Breaking news as Suburban Propane boosts its distribution by a dime annually. Also leftover from last night Inergy (NRGY,NRGP) boosted its distributions as well.
Crude has turned higher in the last hour by 13 cents..nat gas is still off by a dime.
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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:
EPD is spinning out Duncan Energy in an IPO with initial pricing between $19 and $21. It looks like they are trying to realize the higher multiple that the mkt pays for small natural gas partnerships. Anyone else have any thoughts on it?
Certainly his timing is good with market conditions being what they are with MLPS...I think it will come out near 21 and probably trade higher initially.
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