tag:blogger.com,1999:blog-14273196.post6770304520654393863..comments2023-10-18T09:22:15.168-04:00Comments on MASTER LIMITED PARTNERSHIPS: joewxmanhttp://www.blogger.com/profile/05678926303802629952noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-14273196.post-25580257511272745922008-12-16T16:35:00.000-05:002008-12-16T16:35:00.000-05:00They are all G&Ps with exposure to nat. gas pr...They are all G&Ps with exposure to nat. gas prices. If current prices persist, all will eventually have to cut their distributions. The question is whether they can maintain their distribution long enough for nat. gas prices to rise to a level which supports the distribution.<BR/><BR/>In the meantime, they are cutting back on capex which may hurt future growth. This is particularly the case for MWE if they decide against excercising their option for their 10% piece of the MEP project. As a long-term holder of MWE, I would prefer that they cut the distribution and not pass up on good long-term opportunities.<BR/><BR/>BruceBrucehttps://www.blogger.com/profile/12357485013930479505noreply@blogger.comtag:blogger.com,1999:blog-14273196.post-27250345710392648122008-12-16T15:32:00.000-05:002008-12-16T15:32:00.000-05:00CPNO, NGLS, and WPZ have been swirling the toilet....CPNO, NGLS, and WPZ have been swirling the toilet. 23%, 30%, and 19% distribution respectfully. Due to NG prices, forced selling, end of year rebalancing...any insight from the more experienced crowd?yumajethttps://www.blogger.com/profile/13926856400337845261noreply@blogger.comtag:blogger.com,1999:blog-14273196.post-20085395278199368832008-12-16T15:28:00.000-05:002008-12-16T15:28:00.000-05:00This comment has been removed by the author.yumajethttps://www.blogger.com/profile/13926856400337845261noreply@blogger.comtag:blogger.com,1999:blog-14273196.post-76519293489066676042008-12-16T14:16:00.000-05:002008-12-16T14:16:00.000-05:00market is definitely pricing in distirbution cuts ...market is definitely pricing in distirbution cuts for many of these issues. Watch CEP thursday. If they pre announce a cut and what the reaction is to the stock price..that should tell us something about whether these stock prices are headed even lower.joewxmanhttps://www.blogger.com/profile/05678926303802629952noreply@blogger.comtag:blogger.com,1999:blog-14273196.post-51637319289603225862008-12-16T14:09:00.000-05:002008-12-16T14:09:00.000-05:00If nat. gas prices stay at current levels then I d...If nat. gas prices stay at current levels then I don't see how MWE could avoid a cut. I think that CPNO could maintain the current dist. longer.<BR/><BR/>BruceBrucehttps://www.blogger.com/profile/12357485013930479505noreply@blogger.com