MLP INDEX AIMING FOR 320!
That is our short term goal and we last were there when the Dow was at 11200. Here were are with the dow 1000 points lower and we're in the same place. So basically the dow is 10 % with the mlp index basically flat in the last couple of months. Since it appears that the market wants to rally in here it looks like we're headed for a breakout and then a challenge of all time index highs at 340. Remember when we were there last somewhere back in 2007. And through all that time we had 12 payouts or so to pad the pockets. If you were in the right mlps after all that we went through in 2008...you are ahead of the game. And how many of your non mlp friends can say that?
The dow is back up right now and the mlp index is up about 1 point. Most mlps are fractionally higher. Sunoco Logistics (SXL) and Inergy Holdings (NRGP) are at all time highs today along with Williams Partners (WPZ). You can add those three to Apple Computer (AAPL) and all time highs are a nice place to be.
On vacation this week in Panama City where its been great and oil free. Will post from time to time when im taking a break from the beach.
joseph cioffi's Source Page - Associated Content
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EPD has posted earnings-related news
Enterprise Prods Partners EPD
7/13/2010 10:18 AM EDT
Enterprise Increases Quarterly Cash Distribution Rate
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.575 per common unit, or $2.30 per unit on an annualized basis. The quarterly distribution will be paid on Thursday, August 5, 2010, to unitholders of record as of the close of business on Friday, July 30, 2010. This distribution rate, which represents a 5.5 percent increase over the $0.545 per unit distribution rate declared with respect to the second quarter of 2009, is the 33rd distribution increase since Enterprise's initial public offering in 1998 and the 24th consecutive quarterly increase.
EPD has posted earnings-related news
Enterprise Prods Partners EPD
7/13/2010 10:18 AM EDT
Enterprise Increases Quarterly Cash Distribution Rate
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.575 per common unit, or $2.30 per unit on an annualized basis. The quarterly distribution will be paid on Thursday, August 5, 2010, to unitholders of record as of the close of business on Friday, July 30, 2010. This distribution rate, which represents a 5.5 percent increase over the $0.545 per unit distribution rate declared with respect to the second quarter of 2009, is the 33rd distribution increase since Enterprise's initial public offering in 1998 and the 24th consecutive quarterly increase.
EPD has posted earnings-related news
Enterprise Prods Partners EPD
7/13/2010 10:18 AM EDT
Enterprise Increases Quarterly Cash Distribution Rate
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.575 per common unit, or $2.30 per unit on an annualized basis. The quarterly distribution will be paid on Thursday, August 5, 2010, to unitholders of record as of the close of business on Friday, July 30, 2010. This distribution rate, which represents a 5.5 percent increase over the $0.545 per unit distribution rate declared with respect to the second quarter of 2009, is the 33rd distribution increase since Enterprise's initial public offering in 1998 and the 24th consecutive quarterly increase.
EPD has posted earnings-related news
Enterprise Prods Partners EPD
7/13/2010 10:18 AM EDT
Enterprise Increases Quarterly Cash Distribution Rate
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.575 per common unit, or $2.30 per unit on an annualized basis. The quarterly distribution will be paid on Thursday, August 5, 2010, to unitholders of record as of the close of business on Friday, July 30, 2010. This distribution rate, which represents a 5.5 percent increase over the $0.545 per unit distribution rate declared with respect to the second quarter of 2009, is the 33rd distribution increase since Enterprise's initial public offering in 1998 and the 24th consecutive quarterly increase.
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