Good morning...sorry i could not blog yesterday. It got to near 100 degrees and when its that hot you want to run and hide...so i hid at the beach and pool...played tennis etc etc.

Just a few observations...earnings were a little soft at TPP but i thought the stock held up well and in fact with the ex div yesterday its back to where it was before the news.

SXL numbers looked very good...a few pennies better and a distribution increase! Its the stock everyone follows with a hold rating. Maybe someone can take the chance and upgrade.

BPL posts today.

Its 6:32 am. After breakfast its fishing!!!

Joe

Hours of swimming and relaxing very stressful so i came in to blog!

VLI's numbers looked okay and now the distribution increase is official...3.42 annual as announced with the merger. Anyone listening to the conference call wants to post on it...please do and thanks ahead of time. Looks like this is a safe area to accumulate shares.

TPP numbers today after the close. Last two earnings led to nice rallies...hope to repeat here.
SXL up today after lingering around for days. Some of the recent leaders like XTEX XTXI and CPNO taking a breather here.

HLND should announce .45 cent distribution after the close today...anything higher and the stock could break out to new highs.

BTW the XOI has been on quite a tear lately...i would expect a pullback soon.

83 degree ocean is calling me...i must answer.

Good Monday morning to all. Its 6am and i just watched the sunrise on the shores of the outer banks of north carolina. Awesome! Ocean water temp is 83! Getting ready to run 5 miles this morning before breakfast.

Noticed some good posts over the weekend on various boards. Speculation on VLI's next takeover...CJ mentions PPX.

Meanwhile Valero has earnings this morning and conference call late this afternoon.
http://biz.yahoo.com/cc/5/57795.html

I will check in when i can this week.

hi everyone.

I will be on the road next week so i will attempt to blog from time to time...depending on where i am and what kind of connection is available (if any). I will travelling through some remote areas where some peace and solitude can be achieved. Battery recharge!!!!

Joe

mostly fractional plusses with a few minuses here and there like MWE as mentioned earlier.

I'll be on the road this afternoon...i'll try and post when i can later.

Joe

After what looked like a flattish open OIL and Gas stocks are racing ahead this morning. Most MLPS now have fractional plusses!!

MWE down on disappointment perhaps over a flat disrtribution

no real stand outs this morning one way or the other...flat to higher seems to be the deal on a summertime friday

first off i stand corrected on MWE energy distribution news...they did not raise the distribution this quarter...it remains at .80.

Also...missed KMP being downgraded by RBC capital markets

Oil and Gas futures are up this morning; s&p down. There is no stock specific news so far this morning.

MMLP INCREASES DISTRIBUTION TO .55 FROM .53

MWE INCREASES DISTRIBUTION TO .80 FROM .77
http://biz.yahoo.com/prnews/050721/lath109.html?.v=11

closing...XOM -1+ as XOI drops 10 and the dow -61.

Most MLPS down strong fractions to as much as a point...only a few managed small gains XTEX,XTXI,MMP,TYG and HLND.

Waiting for aftermarket news... will post if i see anything.

its 2pm...do you know where your 10 year note is?

Up 10 basis points on yield. Good idea always to keep an eye on the side mirrors and look straight ahead at whats coming. Just in case.

Most MLPS lower with KMP down the hardest (over 1) on earnings perhaps a shade short. VLI on the slide but could be putting a bottom in here under 200 day moving avg. XTXI and XTEX holding on to small gains.

BPL and TPP seem to be holding up well in here. NBP down after yesterday's gain...see saw week for this stock.

No headlines since PAA earnings expectations/distribution announcement. Pool Temp 88...need ice to cool it down.

PAA increases distribution to .65 from .6375

http://biz.yahoo.com/prnews/050721/dath019.html?.v=19

Also sees earnings in a range

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh55921_2005-07-12_19-58-19_wen4713_newsml

Stock yawning.

Markets selling off a bit along with oil and gas.

KMP declining on earnings...in line or slightly below...- .73
MMP gaining on distribution increase...+.80
APL flat after opening sharply higher

Otherwise its fractional pluses and minuses

Apparently missing estimates and the conference call were not espeically liked...KMP opens flat...there was an errant trade down 3 points. Good call by poster printteam as he too was not impressed!

APL continues to roll higher from yesterdays wachovia coverage

XOI opens -6 and XNG opens 1.50 ;markets overall mostly lower....but now coming off the lows

MLPS seemed to be mostly higher. MMP up to 34.90 on distribution increase.

Sorry i'm late this morning....i started to balance my checkbook and lost track of time.

MMP...distribution increase...again to $ 1.99 annual.
http://biz.yahoo.com/prnews/050721/dath016.html?.v=18

No other news to speak of so far this morning.

Good morning.

All quiet on the MLP front this morning. No news, no upgrades. Oil having issues this morning with crude down in futures trading.

Hitting the gym before the open,

a couple of closing notes. APL....Two 1000 share trades were reported at 18:30 at 48.50. I think these were errors...perhaps 46.50??? I perfer the higher but i'm sure its an error.

I noticed that FEN and FMO are both selling at discounts right not to NAV. This could be dividend related since they both just recently went X-DIV. (JULY 13 by 33 and 31 cents respectively). Food for thought

Its been a long day. I figured out that if i'm blogging and try to post on yahoo at the same time with a link i get an error on yahoo. So i blamed them in error about not being able to post. My apologies.

a long day is over and we'll see what tomorrow brings. Good week so far.

Joe

Anyone have any opinions on HLND. Chart pattern is similar to CPNO before it broke out...its up huge in the last 3 weeks.

knider morgan raises distribution to $3.12 annually from $3

http://biz.yahoo.com/prnews/050720/daw051a.html?.v=1

nice rally in the dow as we had another day with a sharply lower open and a rally with a higher close...11k looks likely.

XOI and XNG leading the way...came from way off their lows again to close near their highs.

APL + 1.46 NBP +.99 PAA +.84...most in the group closed higher with a few exceptions but no big losers.