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Thursday, February 25, 2010

MORE EARNINGS NEWS!



Exterran Partners (EXLP) is out with earnings this morning along with Exterran Holdings (EXH). Both are on the same press release. Im noticing that the LP has a bid this morning at the close while the GP looks like it will open lower. But markets there are pretty thin so i dont want to read too much into this. Also Linn Energy (LINE) has numbers out as well along with an outlook for 2010. One trade in the premarket even with yesterday's close but its just 100 shares. And as i post another trade of 200 shares down 30 cents from yesterday. No real clue there.

MLPS closed a little higher yesterday after milling around for much of the day. Markets are soft this morning and we have data due out shortly. No sign of interest rates spiking up anytime soon in the short term which is supportive for MLPS. Stock futures and energy futures are down and the dollar is up Nat gas numbers out later this morning.

The pace of trading lately has been pretty slow especially when you look at volume. For now the push and pull continue here between 9800 and 10,700.

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