The mlp index finished up about 1 point when it was all said and done and it outperformed the dow and the s&p. So its where they finish kids that counts.
Holly Partners (HEP) climbed 1 and a few pennies and Hiland (HLND) was also a 1 point winner. Penn Virginia Holdings (PVG) Natural Resource Partners (NRP) Enterprise (EPD) Markwest (MWE) and Buckeye Holdings (BGH) had some nice fractional gains.
Losers include Crosstex (XTEX) and Martin Midstream (MMLP) which were down 1 but big chunks of that were ex-distribtuion. Sometimes nasdaq does not correct for ex distributions on the change in price. Plains All American (PAA) was down 75 cents but they posted good earnigns after the close; beat estimates by 3 cents. Oneok LP (OKS) was down 55 cents and they too posted earnings after thc close.
Fed days are always a mess in trying to trade them. Too much volitility and hard to peg which way. After the close gold, oil and other commodities sold off again. Should be an interesting day tomorrow...actually except for maybe the day after Thanks giving they are all interesting days.
Subscribe to:
Post Comments (Atom)
1 comment:
LETS NOT FORGET KSP RAISED DISTRIBUTION .02 ,12th QTR IN A ROW.
Post a Comment