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Thursday, July 10, 2008

Not that it necessarily matters but check the pe on some of these mlps. Inergy Holdings (NRGP) of which i am long sells now for a pe of 6! Amazing.

MLP index up over 2 points and at the highs of the day. Nice to see!
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1 comment:

Anonymous said...

TULSA, Okla., July 9 /PRNewswire-FirstCall/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has priced a $250 million public offering of its 10 -year senior notes at 6.4%. The net proceeds from this offering of approximately $248 million, after payment of underwriting discounts and estimated offering expenses, will be used to repay all of the borrowings outstanding under its revolving credit facility and for general partnership purposes, including capital expenditures.

Capital markets are still open for MLP's...

7/10/2008 2:01 PM

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