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Gold/Mining/Energy : APL: Atlas Pipeline Partners
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From: Jim P.10/25/2011 5:13:27 PM
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APL distribution announcement should be tomorrow. Estimate is 51 cents vs 47 last Q. I think it might be as high as 55. 60 is possible in 1st Q of next year then major growth as 2 new plants come on line in the beginning of the 2nd Q.
Thinking if the NGL market remains strong end of next year might be as high as 75 cents per Q.
Stock remains a good value but 50% IDR split kicks in at 60 cents per Q.
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