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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: sportsman who wrote (31394)7/18/2008 1:18:51 PM
From: Paul Senior  Read Replies (1) | Respond to of 78748
 
I have positions ATN, AHD. Now will begin with a few shares of APL.

Positives (to me):

Per Yahoo, Cooperman and Klarman have positions. (Or had positions. An outsider never really knows what's current.)

These companies are involved in Marcellus gas play.

The distribution yield is about 11%. Sometimes with some pipeline-related lp's, people believe these distributions can/will increase over time.

Stock has come down to lows. Possibly because of company's recent mistakes in hedging. I don't know.

finance.yahoo.com



To: sportsman who wrote (31394)7/20/2008 4:18:13 PM
From: steve phil  Read Replies (1) | Respond to of 78748
 
Are there any tax consequences by investing in a limited partnership such as (PSE) and putting it into an IRA? Is there a limit of $1,000 before there are tax issues in a LP when in investing it in an IRA?
What type of tax form do you receive with Limited Partnerships?
I am new to limited partnerships but as much as I like the yields I want to avoid getting involved with complicated tax forms.



To: sportsman who wrote (31394)10/19/2010 9:21:33 PM
From: E_K_S  Read Replies (1) | Respond to of 78748
 
Hi Sportsman -

Do you still own MarkWest Energy Partners, LP Co (NYSE: MWE). I may be late to the party on this one. I like that they were able to refinance their long term debt due 2014 w/ this new issue. They get a lower rate and were able to float twice as much debt due in 2020 (extended the term 6 years). This should net them over $250 million to use for acquisitions and/or build out new facilities and storage systems.

MarkWest Energy Partners Announces Pricing of $500 Million of 6.75% Senior Notes Due 2020
finance.yahoo.com

The company is operating in a lot of the NG growth areas but is not as profitable as their competitors. I expect this to change as their new operations come online. Their forward PE is still quite high which must not reflect the future revenue streams from these new projects.

Your post of July 2008 listed these as the ones you owned. All have done quite well and are near their highs. Which ones on the list do you still have and are there others in this sector you are watching?

finance.yahoo.com

Of that list I own APL, DPM and like MWE.

EKS