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Monday, April 23, 2007

Up nearly 2 points on the MLP index and we are again at new all time highs. Oneok LP (OKS) and Martin Midstream (MMLP) are up 1 or more...Martin boosted the distribution this morning. Brietburn (BBEP) Atlas Pipeline (APL) Atlas Holdins (AHD) Energy Transfer (ETP) all fractional winners.

Penn Virginia Resources (PVR) and Calumet (CLMT)are down 40 and 80 cents respectively as the 2 biggest losers. Penn Virginia got a downgrade this morning. No news on Calumet.

MLP rally is unrelenting and 330 could go today especially if the overall market mounts an all out assault on 13k. Look you know things are good when Crosstex (XTEX) doesn't raise its payout and the stock is up anyway!

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