Comments on: “Midstream Profit Partnerships — Supercharged Cash Payouts” from the Motley Fool http://www.stockgumshoe.com/2009/04/midstream-profit-partnerships-supercharged-cash-payouts-from-the-motley-fool.html Frustrated or intrigued by email teasers from investment newsletters and advisers? We solve them and track their performance here ... so stick around, participate and subscribe (it's free)! Fri, 19 Mar 2010 15:13:42 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Mary Ann http://www.stockgumshoe.com/2009/04/midstream-profit-partnerships-supercharged-cash-payouts-from-the-motley-fool.html/comment-page-1#comment-8584 Mary Ann Wed, 15 Apr 2009 22:53:47 +0000 http://www.stockgumshoe.com/?p=1368#comment-8584 Today's announcement: Enterprise Products Partners L.P. (NYSE:EPD) today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.5375 per common unit, or $2.15 per unit on an annualized basis. The quarterly distribution will be paid on Friday, May 8, 2009, to unitholders of record at the close of business on Thursday, April 30, 2009. This distribution represents a 5.9 percent increase compared to the $0.5075 per unit quarterly distribution declared with respect to the first quarter of 2008. This represents the 28th distribution increase since Enterprise’s initial public offering in 1998 and its 19th consecutive quarterly increase. Today’s announcement:
Enterprise Products Partners L.P. (NYSE:EPD) today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.5375 per common unit, or $2.15 per unit on an annualized basis. The quarterly distribution will be paid on Friday, May 8, 2009, to unitholders of record at the close of business on Thursday, April 30, 2009. This distribution represents a 5.9 percent increase compared to the $0.5075 per unit quarterly distribution declared with respect to the first quarter of 2008.

This represents the 28th distribution increase since Enterprise’s initial public offering in 1998 and its 19th consecutive quarterly increase.

]]> By: Mary Ann http://www.stockgumshoe.com/2009/04/midstream-profit-partnerships-supercharged-cash-payouts-from-the-motley-fool.html/comment-page-1#comment-8583 Mary Ann Wed, 15 Apr 2009 22:32:32 +0000 http://www.stockgumshoe.com/?p=1368#comment-8583 I only bought LINE because of the hedging. ATN is not hedged to my knowledge, making it very susceptible to oil and gas price fluctuations. Aside from LINE, I try not to own MLP's that are exposed to the price fluctuations of oil & gas. The MLP's that are engaged in distribution and transportation are the ones that make money just for the use of their pipelines and storage facilities. I only bought LINE because of the hedging. ATN is not hedged to my knowledge, making it very susceptible to oil and gas price fluctuations.

Aside from LINE, I try not to own MLP’s that are exposed to the price fluctuations of oil & gas. The MLP’s that are engaged in distribution and transportation are the ones that make money just for the use of their pipelines and storage facilities.

]]> By: SageNot http://www.stockgumshoe.com/2009/04/midstream-profit-partnerships-supercharged-cash-payouts-from-the-motley-fool.html/comment-page-1#comment-8581 SageNot Wed, 15 Apr 2009 20:29:44 +0000 http://www.stockgumshoe.com/?p=1368#comment-8581 On the 2yr look back, these 4 (I added LINE since Mary Ann brought it up) are pretty close in performance http://finance.yahoo.com/q/ta?s=EPD&t=2y&l=on&z=m&q=l&p=&a=&c=mmp,line,atn But over the last year not so close! http://finance.yahoo.com/q/ta?s=EPD&t=1y&l=on&z=m&q=l&p=&a=&c=mmp,line,atn No wonder ATN is paying over 17%, now add in the loss of capital. I'm on the side of more consistancy, after all it's NOT a dividend, it's a return on capital & an IRS headache. NEXT! On the 2yr look back, these 4 (I added LINE since Mary Ann brought it up) are pretty close in performance

http://finance.yahoo.com/q/ta?s=EPD&t=2y&l=on&z=m&q=l&p=&a=&c=mmp,line,atn

But over the last year not so close!

http://finance.yahoo.com/q/ta?s=EPD&t=1y&l=on&z=m&q=l&p=&a=&c=mmp,line,atn

No wonder ATN is paying over 17%, now add in the loss of capital.

I’m on the side of more consistancy, after all it’s NOT a dividend, it’s a return on capital & an IRS headache.

NEXT!

]]> By: StockGumshoe http://www.stockgumshoe.com/2009/04/midstream-profit-partnerships-supercharged-cash-payouts-from-the-motley-fool.html/comment-page-1#comment-8580 StockGumshoe Wed, 15 Apr 2009 18:25:02 +0000 http://www.stockgumshoe.com/?p=1368#comment-8580 Thanks Mary Ann -- good point on Linn, I don't know this one that well but I've heard others extol their hedging strategy and conservative nature. Penn Virginia (PVR) is another interesting one for coal exposure, James Early actually touted the related ARLP a while back and I think MF Income Investor still recommends it, not sure. (http://www.stockgumshoe.com/2007/06/dirty-secret-of-green-revolution.html) Thanks Mary Ann — good point on Linn, I don’t know this one that well but I’ve heard others extol their hedging strategy and conservative nature.

Penn Virginia (PVR) is another interesting one for coal exposure, James Early actually touted the related ARLP a while back and I think MF Income Investor still recommends it, not sure. (http://www.stockgumshoe.com/2007/06/dirty-secret-of-green-revolution.html)

]]> By: Mary Ann http://www.stockgumshoe.com/2009/04/midstream-profit-partnerships-supercharged-cash-payouts-from-the-motley-fool.html/comment-page-1#comment-8579 Mary Ann Wed, 15 Apr 2009 17:52:35 +0000 http://www.stockgumshoe.com/?p=1368#comment-8579 MLP's are one of the few investments that I feel comfortable with in this economic environment. I own EPD, ETP,NSH (for an asphalt play on the infrastructure stimulus),PVR and LINE. LINE is so misunderstood; the most substantial thing to know is that they have smartly hedged their oil and gas for the next 3 years. For 2009: 100% hedged at weighted average prices of $102.21 per Bbl and $8.32 per MMBtu for oil and gas, respectively. LINE is paying 16% dividend and says they are confident in their ability to pay those distributions. No wonder, with that kind of hedging. MLP’s are one of the few investments that I feel comfortable with in this economic environment. I own EPD, ETP,NSH (for an asphalt play on the infrastructure stimulus),PVR and LINE. LINE is so misunderstood; the most substantial thing to know is that they have smartly hedged their oil and gas for the next 3 years. For 2009: 100% hedged at weighted average prices of $102.21 per Bbl and $8.32 per MMBtu for oil and gas, respectively. LINE is paying 16% dividend and says they are confident in their ability to pay those distributions. No wonder, with that kind of hedging.

]]>