Thursday, April 09, 2009
Most mlps are up fractions to a point with the index up 1.55. The 2 index heavyweights Kinder Morgan (KMP) and Enterprise (EPD) Nustar (NS) and Buckeye (BPL) are doing nothing today so they are dragging a bit. Plains All American (PAA) ups the distribution and comments favorably on guidance. Stock up 1. Holly Partners (HEP) up 1.55 is the biggest winner so far today.
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4 comments:
NRGY is still chewing through what is apparently endless supply at $22.30
steve
Joe:
Do you or anyone on this blog have any comment on the likelihood that Canadian Tax Authorities would pursue Americans for payment of taxes on income incurred in Canada by Plains All America? There is quite a large amount of income attributed to Canada this year, and at tax rates of 47%, I'm wondering if they might begin to pursue some of that. Anyone have any experience or comments on this?
steve
Steve i haven't seen anything about this but i will check around and see what i can dig up. Will have to wait until after Easter.
Saturday Morning
Nice little boost to MLPs from the most recent Barrons issue:
http://xrl.us/beongg
Lee
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