One thing i've learned over the years is that just when you think it can't and never will again...it does! Natural Gas is getting absolutely hammered today down nearly 6% and with a 10 handle. Coal is down about 5% and crude oil is now following. Coal and natural resource mlps are being taken out to the woodshed. Dorchester Minerals (DMLP) is down 2 and change. 1 point plus minus signs on Atlas Resource (ATN) Alliance Resource Partners (ARLP) Penn Virginia Group Holdings (PVG). Fractional minus signs on Atlas Pipeline (APL) Natural Resource (NRP) Alliance Holdings (AHGP), Linn Energy (LINE) and Constellation Energy Partners (CEP).
The MLP index is up 1 and change being led by Kinder Morgan Partners (KMP) which is up 1 and change. Hiland (HLND) also up 1. Fractional gains in Copano (CPNO) Oneok (OKS) and Holly Partners (HEP) among others.
Speaking of being taken out of the woodshed Semgroup Partners (SGLP) is off its intraday low of 14.11 but it is still down 6 plus points on 2 million plus shares and a company who has not said a single word about this. Nor are there any breaking headlines. Is it another short raid on rumors?
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