Posts for Ticker ‘DPM’

Energy Watch Part IV: Pipelines (DPM, BGH, APL, AHD, EPD, KMP)

Oil_gas_pipeline_pic_3Just looking at the drop in price for common units of pipeline master limited partnerships could lead one to believe the midstream business is going to hell in a handbasket. DPC Midstream Partners (NYSE:DPM) is down 48% from its 52-week high, Buckeye GP Holdings (NYSE:BGH) is down 44%, Atlas Pipeline Partners (NYSE:APL) is down 32%, and Atlas Pipeline Holdings (NYSE:AHD) is down 30%. Even the two largest companies are lower — Enterprise Products Partners is down 12% and Kinder Morgan (NYSE:KMP) is off 6%.

Read More »

Posted on: August 19, 2008 – 9:11 am in Oil & Gas, , , , , ,