adbrite ads

Your Ad Here
Your Ad Here

tickers

$IN

amazon

Tuesday, September 15, 2009

Markwest Energy (MWE) has entered into a deal with Chesapeake Energy (CHK) as they build a second processing plant in Marcellus Shale and the market likes this with Markwest up 60 cents. It leads a list of fractional winners as the mlp index is up about 50 cents so far today. I've noticed that Nat gas mlps have moved to the front line in the last few days as a bottom may be in on natural gas. Its up again today..3 out of the last 4 and over 3.30 now..after that horrific trip down to 2.50. Nustar (NS) is up over 52 again after cutting estimates last week. Natural Resource (NRP) is back over 20 and Alliance Resource (ARLP) is back over 35. Nat gas may be emerging here as the driver for the next leg up.

No comments: