Portfolio , Stocks

MLP valuation at August end

It’s been since May that I updated my table on MLP valuation. With the recent volatility in the market and the month of August coming to an end it is a good time to take a look at MLP valuation. Lets jump right in. As I’ve done before, I updated my top 5 MLP table which also includes the MLP…

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Stocks

Update on MLP valuation

Well, the MLP correction I discussed earlier seems to have run its course for now. I thought this would be a good time to see what this correction has done for MLP valuations relative to history. I last did this back at the end of Q1 2011 and was planning to hold off until the end of this quarter but…

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Stocks

Energy Transfer (ETP) Q1 2011 Results

Energy Transfer Partners reported Q1 2011 results last week on May 4, 2011. The press release is here. The high level summary of the results; Energy Transfer Partners, L.P. (NYSE:ETP) today reported Adjusted EBITDA, Distributable Cash Flow, and net income for the quarter ended March 31, 2011. Adjusted EBITDA for the three months ended March 31, 2011 totaled $471.3 million,…

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Stocks

Recent happenings in income land

I’m finally back from my exile in the woods. I would recommend the Gila National Forest in Southwestern New Mexico to anyone who wants a bit of peace and quiet. Now back to the business of income investing. There has been a lot going on in income investor land recently. Here are some of the items that caught my eye…

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Stocks

MLP valuation at the end of Q1 2011

With the end of Q1 2011 upon us, and earnings reports to start coming soon, I thought it was a good time to re-look at MLP valuations, specifically the top 5 market cap MLPs and the Alerian MLP index. I posted on year end 2010 values in this post. Below are two tables showing the valuation of the top 5…

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Portfolio

ETP Q4’10 results – distribution growth ahead

The 3rd largest MLP by market cap, Energy Transfer Partners (ETP) reported Q4 2010 results that were as expected. The full press-release can be found here. Total distributable cash flow (DCF) for the year was $1.03B which was only about a 7.4% increase from 2009. The Q4’10 declared distribution of $0.895 was unchanged and has been at the same level…

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