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Monday, November 24, 2008

Crosstex (XTEX) sold off and closed down 97 cents to 3.50. No news and not many ticks left in this one. Buckeye (BPL) Nustar (NS) Sunoco Logistics (SXL) Kinder Morgan (KMP) Oneok (OKS) and Energy Transfer (ETP) among the big winners all gaining 3 points or more. The mlp index was up 17 and closed just under 170.

Noticed some dorm 4 filings showing insider buys at DCP Midstream (DPM), Hiland Partners (HLND) Hiland Holdings (HPGP) among others. Of course these days its like buy call options;they are priced like call options!

2 comments:

SHK said...

XTEX and XTXI both were downgraded by Morningstar today, saying that their distributions were in jeopardy but that they would likely avoid bankruptcy. Nice, huh?

steve

Anonymous said...

You had posted that Goldman upgraded XTXI from sell to neutral recently. Anyone know where I can get a copy of that report?