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Master Limited PartnershipsA blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS. |
Master Limited Partnerships
Posted on 06/30/2006 00:00 AM | Link | Post Comment
Sorry for the late post today...just got back from work.
The overall market is doing a very good job of digesting gains from yesterday...MLPS are not doing much as a whole but there are some individual movers and news items today. First off Markwest priced its offering last night at 39.75 and the stock is rallying off that today up 1 and change. I think the selling yesterday was way overdone but they had to drop the price low enough to attract support. Atlas Pipeline Partners (APL) is re-doing their revolving line of credit. Valero LP is boosting shares in the the ipo of its GP...stock is down 20 cents. National Resource Partners (NRP) closes its deal on recent purchases.
Tape has that end of quarter feel so look for some wierd action by days end.
The overall market is doing a very good job of digesting gains from yesterday...MLPS are not doing much as a whole but there are some individual movers and news items today. First off Markwest priced its offering last night at 39.75 and the stock is rallying off that today up 1 and change. I think the selling yesterday was way overdone but they had to drop the price low enough to attract support. Atlas Pipeline Partners (APL) is re-doing their revolving line of credit. Valero LP is boosting shares in the the ipo of its GP...stock is down 20 cents. National Resource Partners (NRP) closes its deal on recent purchases.
Tape has that end of quarter feel so look for some wierd action by days end.
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