zayt trader

Upstream MLPs and Canadian Royalty Trusts: High Return, High Risk?

Good insight about the risk of these companies. You're right. The market doesn't seem to understand or value MLPs.

Some other ones you should look at are ATN and QELP.

What are the distributable cash flow for these, BTW?

Outrageous Opportunities in Upstream MLPs

Energy,

Who knows their stuff? Well, I'm glad you finally had the honesty to declare your motivation. How are those shorts working out for you lately?

I'll just throw out one example (I'm not going to do your work for you): CEP uses a blended price of $6.70 for their PV-10 calculation. Amazing that you would take up a short position and harangue other people on a website without bothering to do a modicum of research first.

Outrageous Opportunities in Upstream MLPs

"which he further compounds by forgetting the simple fact that non-cash FAS 133 hedge accounting is not including in DCF "

Huh? I thought that was precisely the author's point.