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Thursday, July 24, 2008

After a nearly 2 point pop at the open the MLP index is now down a fraction. Nat gas down 44 cents to 9.38 after inventory numbers. So another excuse to sell 'em!

Glory!
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1 comment:

Anonymous said...

From the Street.com Hal Uy

Yesterday after the close, Constellation Energy Partners (CEP:NYSE) announced that it had received a positive ruling in its Torch arbitration case. This news removes a significant overhang on the stock. The arbitration case was one of the reasons why CEP traded at a much higher yield to other EP MLPs.Based on last nights close, CEP trades at a 12.5% yield based on an $2.55 annual distribution

7/24/2008 10:59 AM

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