| Msg 2096 of 15121 at 7/5/2008 11:42:28 AM by |
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MLP Stats 7-03
MLP Midstream 7-03-08
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12-31-07 |
Current |
Distrib/ |
Q2 |
Dist/dcf |
Year-to-Date Percent Change |
| Company |
|
Price |
Price |
Quarter |
Yield |
Ratio |
Price |
Pr+Dist |
08eps |
Target |
08 dcf |
Dist |
|
| Atlas Pipelines |
APL |
42.85 |
38.75 |
0.9400 |
9.70 |
84.68 |
-9.57 |
-5.18 |
-15.73 |
-10.02 |
3.50 |
3.30 |
| Buckeye |
BPL |
49.41 |
41.06 |
0.8500 |
8.28 |
91.40 |
-16.90 |
-13.46 |
4.76 |
-4.21 |
-0.53 |
3.03 |
| Boardwalk |
BWP |
31.10 |
22.11 |
0.4650 |
8.41 |
88.57 |
-28.91 |
-25.92 |
-18.23 |
-23.63 |
-16.00 |
3.33 |
| Copano |
CPNO |
36.35 |
33.07 |
0.5300 |
6.41 |
73.10 |
-9.02 |
-6.11 |
0.63 |
-3.49 |
9.43 |
12.77 |
| Duncan |
DEP |
21.83 |
17.80 |
0.4100 |
9.21 |
86.32 |
-18.46 |
-14.70 |
5.66 |
-13.80 |
-2.06 |
0.00 |
| DCP Partners |
DPM |
45.95 |
29.00 |
0.5900 |
8.14 |
71.08 |
-36.89 |
-34.32 |
23.59 |
-15.26 |
4.08 |
7.27 |
| El Paso |
EPB |
25.05 |
20.17 |
0.2875 |
5.70 |
88.46 |
-19.48 |
-17.19 |
4.67 |
2.22 |
-0.76 |
0.00 |
| Enbridge |
EEP |
50.54 |
48.84 |
0.9500 |
7.78 |
78.35 |
-3.36 |
0.40 |
6.91 |
-2.49 |
7.78 |
0.00 |
| Enterprise |
EPD |
31.88 |
28.78 |
0.5075 |
7.05 |
82.86 |
-9.72 |
-6.54 |
23.74 |
2.18 |
9.37 |
3.57 |
| Energy Trans |
ETP |
53.88 |
43.11 |
0.8688 |
8.06 |
81.38 |
-19.99 |
-16.76 |
2.84 |
-3.06 |
-1.84 |
5.30 |
| Eagle Rock |
EROC |
18.28 |
16.00 |
0.4000 |
10.00 |
76.19 |
-12.47 |
-8.10 |
-67.65 |
-14.93 |
-6.67 |
7.38 |
| Exterran |
EXLP |
32.00 |
30.72 |
0.4250 |
5.53 |
50.90 |
-4.00 |
-1.34 |
-5.59 |
-7.98 |
61.35 |
6.25 |
| Genesis |
GEL |
23.50 |
17.75 |
0.3000 |
6.76 |
66.67 |
-24.47 |
-21.91 |
-59.77 |
-5.96 |
-9.09 |
11.11 |
| Holly |
HEP |
43.75 |
37.20 |
0.7350 |
7.90 |
89.36 |
-14.97 |
-11.61 |
-8.10 |
-11.88 |
-1.20 |
2.80 |
| Hiland |
HLND |
50.55 |
48.76 |
0.8275 |
6.79 |
66.60 |
-3.54 |
-0.27 |
-5.66 |
3.49 |
8.52 |
9.60 |
| Quick Silver |
KGS |
25.02 |
22.25 |
0.3150 |
5.66 |
77.30 |
-11.07 |
-8.55 |
-35.94 |
7.14 |
-16.41 |
5.00 |
| Kinder Morgan |
KMP |
53.99 |
55.63 |
0.9600 |
6.90 |
93.43 |
3.04 |
6.59 |
10.73 |
7.69 |
3.27 |
9.09 |
| Magellan |
MMP |
43.36 |
35.58 |
0.6725 |
7.56 |
80.06 |
-17.94 |
-14.84 |
9.70 |
0.81 |
5.99 |
5.49 |
| Mark West |
MWE |
33.78 |
35.00 |
0.6000 |
6.86 |
71.01 |
3.61 |
7.16 |
15.00 |
17.90 |
13.04 |
9.09 |
| Targa |
NGLS |
29.62 |
22.38 |
0.4175 |
7.46 |
59.43 |
-24.44 |
-21.62 |
75.70 |
-5.38 |
22.17 |
23.89 |
| NuStar |
NS |
53.30 |
46.81 |
1.0400 |
8.89 |
80.62 |
-12.18 |
-8.27 |
4.84 |
-9.94 |
2.38 |
5.58 |
| ONEOK/NBP |
OKS |
61.25 |
55.53 |
1.0400 |
7.49 |
88.14 |
-9.34 |
-5.94 |
17.26 |
0.87 |
0.43 |
2.97 |
| Plains All-Amr |
PAA |
52.00 |
45.97 |
0.8650 |
7.53 |
92.02 |
-11.60 |
-8.27 |
-3.15 |
-5.90 |
-4.81 |
2.98 |
| Regency |
RGNC |
33.37 |
24.98 |
0.4200 |
6.73 |
76.36 |
-25.14 |
-22.63 |
-25.81 |
-11.58 |
-11.29 |
7.69 |
| Spectra |
SEP |
23.96 |
22.99 |
0.3300 |
5.74 |
85.71 |
-4.05 |
-1.29 |
-5.43 |
-2.68 |
5.48 |
10.00 |
| SemGroup |
SGLP |
28.83 |
24.88 |
0.4000 |
6.43 |
81.22 |
-13.70 |
-10.93 |
7.30 |
2.27 |
12.57 |
66.67 |
| Sunco |
SXL |
50.18 |
46.19 |
0.8950 |
7.75 |
81.92 |
-7.95 |
-4.38 |
18.73 |
-0.49 |
17.47 |
5.29 |
| TCPipelines |
TCLP |
36.20 |
34.28 |
0.7000 |
8.17 |
73.88 |
-5.30 |
-1.44 |
11.34 |
-7.36 |
8.29 |
6.06 |
| Transmontaigne |
TLP |
28.39 |
27.01 |
0.5700 |
8.44 |
74.03 |
-4.86 |
-0.85 |
-3.70 |
-1.43 |
5.12 |
14.00 |
| TEPPCO |
TPP |
38.33 |
32.68 |
0.7100 |
8.69 |
91.32 |
-14.74 |
-11.04 |
-0.49 |
-4.78 |
0.97 |
2.16 |
| Williams |
WPZ |
39.20 |
32.01 |
0.6000 |
7.50 |
68.97 |
-18.34 |
-15.28 |
25.34 |
-11.99 |
14.10 |
9.09 |
| Cross-Tex |
XTEX |
31.02 |
27.76 |
0.6200 |
8.93 |
88.57 |
-10.51 |
-6.51 |
-61.54 |
1.06 |
5.26 |
5.08 |
|
| Pipeline Average |
|
|
|
7.58 |
79.37 |
-13.01 |
-9.72 |
-1.5 |
-4.14 |
3.83 |
| Shipping |
|
| K-Sea |
KSP |
35.89 |
29.55 |
0.7600 |
10.29 |
82.61 |
-17.67 |
-13.43 |
-11.72 |
-10.08 |
-5.64 |
5.56 |
| Martin |
MMLP |
35.50 |
32.25 |
0.7200 |
8.93 |
82.76 |
-9.15 |
-5.10 |
-8.42 |
10.35 |
2.35 |
5.88 |
| TeeKay |
TGP |
29.67 |
25.19 |
0.5300 |
8.42 |
83.79 |
-15.10 |
-11.53 |
-3.42 |
-3.98 |
-2.69 |
0.00 |
|
| Shipping Average |
|
|
|
8.87 |
80.07 |
-13.97 |
-10.09 |
-7.85 |
-1.24 |
|
| MidStream Average |
|
|
|
7.72 |
79.69 |
-13.09 |
-9.75 |
-2.05 |
-3.89 |
|
| Newbies |
|
| Navios |
NMM |
19.15 |
13.85 |
0.3500 |
10.11 |
|
-27.68 |
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| OSG Amer |
OSP |
18.55 |
13.55 |
0.3750 |
11.07 |
|
-26.95 |
|
| Western |
WES |
16.50 |
16.32 |
0.3000 |
7.35 |
|
-1.09 |
|
| Williams |
WMZ |
17.50 |
17.05 |
0.3000 |
7.04 |
|
-2.57 |
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|
| The Alerian MLP index [the ^AMZ - which includes other MLP sectors] is -9.34% year to date. |
| With the 10yr Treasury @ 3.985% & the sector average yield [on Q2 Distrib's] at 7.72% - the spread is 373 bps. |
| USS was dropped because it distorted the sector averages for YTD performance, the yields and the spreads. |
|
Historical MLP Month-End Yields:
| Jan 05: 5.97% |
Feb: 6.10% |
Mar: 6.07% |
April: 6.15% |
May: 6.16% |
June: 6.03% |
| July 05: 5.87% |
Aug: 6.10% |
Sept: 6.07% |
Oct : 6.45% |
Nov: 6.79% |
Dec: 6.92% |
| Jan 06: 6.56% |
Feb: 6.68% |
Mar: 6.56% |
April: 6.68% |
May: 6.76% |
June: 6.82% |
| July 06: 6.61% |
Aug: 6.65% |
Sept: 6.70% |
Oct : 6.58% |
Nov: 6.44% |
Dec: 6.28% |
| Jan 07: 6.05% |
Feb: 5.96% |
Mar: 5.77% |
April: 5.54% |
May: 5.54% |
June: 5.43% |
| July 07: 5.44% |
Aug: 6.05% |
Sept: 6.26% |
Oct : 6.20% |
Nov: 6.64% |
Dec: 6.70% |
| Jan 08: 6.79% |
Feb: 6.79% |
Mar: 7.43% |
April: 7.08% |
May: 7.44% |
June: 7.56% |
Historical MLP to 10 Year Treasury Spreads:
| Jan 05: 178 |
Feb: 152 |
Mar: 156 |
April: 195 |
May: 216 |
June: 211 |
| July 05: 159 |
Aug: 208 |
Sept: 174 |
Oct : 177 |
Nov: 230 |
Dec: 252 |
| Jan 06: 206 |
Feb: 213 |
Mar: 171 |
April: 161 |
May: 164 |
June: 167 |
| July 06: 161 |
Aug: 192 |
Sept: 206 |
Oct : 198 |
Nov: 198 |
Dec: 158 |
| Jan 07: 123 |
Feb: 138 |
Mar: 122 |
April: 89 |
May: 65 |
June: 40 |
| July 07: 71 |
Aug: 152 |
Sept: 167 |
Oct : 172 |
Nov: 269 |
Dec: 267 |
| Jan 08: 319 |
Feb: 327 |
Mar: 401 |
April: 335 |
May: 338 |
June: 358 |
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