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Monday, September 26, 2005

Thanks to all the posts keeping updated on companies and Rita.

MLPS did quite well today; Crosstex (XTXI) was up 2 and change...1 and change higher for Markwest and Tortoise Energy with lots of solid fractional plusses elsewhere.

Watching for additional after market developements. I can't figure out why Atlas Pipeline hasn't announced its distribution for the quarter. It should be x-dis normally in the next couple of days.

End of quarter coming in a few days...i would think there will be some buying pressure in anything energy...but i've always had a tough time figuring these very short term events and their impacts..if any.

Still think there could be another tropical storm threating to move into the gulf of mexico late in the week.

3 comments:

PRINTEAM BLOG said...

Joe,
Did you read RRB1981's projections/????
on the XTEX/XTXI yahoo message board?
Make any sense to you?

Anonymous said...

Joe,
APL said during the last CC that they will go ex-dividend in a more normal fashion starting with the November distribution. Look for an announcement closer to the next qtr's results, at the end of Oct early Nov, following the lead of most other MLP's.

joewxman said...

His views seem right on. This company is doing everything right. XTXI seems to be getting the better performance right now but XTEX should be pulled up along with it. As long as the 10 year behaves we should see new highs soon.

and thanks anon for the info on the cc.