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Thursday, April 23, 2009

Interesting day as MLPS are now inching toward the highs of the day up about 1.50 and nearing 204 while the dow has sold off and is dow around 60 points. Its another one of these days of strength slowly inching up little by little.

Suburban Propane(SPH) leads the way higher up a point as it increases the payout by half a cent. That seems to be enough for the market these days. Holly Partners (HEP) is also up 1 as it just now announces a distribution boost by 1 whole cent. Penn Virginia Resources (PVR) is up 50 cents on its distribution announcement and Penn Virginia Holdings (PVG) is announcing an unchanged payout.

Losers include TC Pipelines (TCLP) and Quicksilver Gas (KGS) which are down major fractions right now but no news that i could find. Otherwise the losers on the list are not news driven and the moves are relatively small.

1 comment:

PRINTEAM said...

Joe,
LINE up $.75 to almost 16 after announcing/confirming distribution.
Carlos