Energy
Goldman Sachs troubles cause turmoil in the energy markets
The following is reprinted with permission from oilprice.com Oil Market Summary for 04/12/2010 to 04/16/2010 Oil prices plunged on Friday after the U.S. Securities and Exchange Commission charged Goldman Sachs with fraud in its marketing of certain subprime mortgage securities, amid a general sell-off in financial and commodity markets. The allegations against one of the [...]
Crude Prices Stagnate Amid Doubts About Global Demand
Note: This article is reprinted here with permission from oilprice.com. Tim Oil Market Summary 03/08/2010 to 03/12/2010 Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the week, with the benchmark West Texas Intermediate settling on Friday at $81.24 a barrel, [...]
Inergy, L.P. increases dividend again
Inergy, L.P. | Investor Relations | Press Release. One of the best income stocks I have come across since starting this site is Inergy L.P. (NRGY: 37.56 0.00 0.00%). This propane retailer and natural gas midstream company has again increased their quarterly payout. This is the 31st consecutive increase in the distribution. The stock currently [...]
Good news from Atlas Pipeline Partners
The recent conference call from Atlas Pipeline Partners (APL: 17.74 0.00 0.00%) gave estimates of distributable cash flow of between $1.90 and $3.65 for the next 4 quarters. Further remarks indicated that pending board approval, distributions could restart in early 2010. These numbers are based on historic NGL prices in relation to $65 oil. APL [...]
Can the financial media read?
I was taking a look at one of the stocks I follow on this site and a couple of the news headlines caught my eye. Troubled Atlas Pipeline Partners (APL: 17.74 0.00 0.00%) released their first quarter results a couple of weeks ago and here a a couple of lingering headlines: From TradingMarkets.com: Atlas Pipeline [...]
