With energy prices falling many e&p mlps are in trouble such as bbep which has slashed distributions. Are you bailing out or staying put? I am afraid if prices keep falling then they may cut distributions on prefereds also. your action plan?
NEW YORK, March 29 (Reuters) - Breitburn Energy Partners LP said on Sunday that it would sell $1 billion of convertible preferred units and senior secured notes in private offerings to investment...
NEW YORK, March 29 (Reuters) - Breitburn Energy Partners LP said on Sunday that it would sell $1 billion of convertible preferred units and senior secured notes in private offerings to investment funds managed by EIG Global Energy Partners and other purchasers.
6-7%, say. After reviewing lots of MLPs, I'm inclined to go with OKS. Thoughts? My taxable account contains APU, BBEP , EEP, ETP, MMLP, NS, WPZ (plus KMI and PBA). I own some VNR in another IRA. I'm referring to this as a "last" MLP
remain optimistic that my energy holdings will rebound sooner rather than later, and in the meantime with a few exceptions ( BBEP and SDRL ) they continue to pay healthy dividends. Thus, my battle plan for 2015 is to pretty much stay the course. If any spare
yields, unless of course they go under. My speculative picks; small positions: Lgcy and Lgcy-o Vnr Mcep Arp-d Mhr-c Bbep I also picked up some more stable ones, but of course they did not plunge like the above Paa Oks Mmlp What did you pick? Will
looking for higher prices in BBep , cvrr ,ngl, line bought equal dollars in all at todays prices Justwondering what else I should add
come back. Something like Williams (WMB) maybe, or as my wife has suggested, positions in Pengrowth (PGH), BreitBurn ( BBEP ), and Vanguard Natural Resources (VNR) to start off with? Any thoughts or comments would be greatly appreciated!
hammered, the upstream are more beaten down than the mid-dtream. I own two upstream MLPs: BBEP in my "fun money account" and VNR in one of my IRAs. BBEP is now below $9 and yielding almost 20%; VNR is under $18 and yielding about 13%. Both
STOCKS DIVIDENDS, (some are not looking promising).... BBEP LGCY LINE because most of that was from disposed operations ..... haven't and the distributions of the weaker hedged MLP's, BBEP and LGCY included, are questionable if oil prices stay low