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Re: Doing the Math      4-Nov-09 08:38 am    
NGL prices have really moved up this qtr. Propane $1.08 vs 60's in Q1. Propane supply seems to be moving from oversupply to more normal levels going into winter.

Heating oil is 2X propane right now which is historically higher than normal so with a normal or colder than normal winter, propane still may have room to move up if oil stays at $80bbl.

APL is on the mend, slower than I would like, but they have good prospects moving forward, new plants coming on-line, a deep pockets partner in Marcellus to expand their throughput to 500 mil cu ft day by middle of 2011 at latest. ATLS is projecting at least 100 mil cu ft day production by end of 2010 vs 41 mil cu ft day which will help APL a bunch.
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wiscman613

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  Subject Author Rating Time of Post (ET)  
 
This "Third Quarter 2009 Results" has me confused. ...
msburko (1 Rating) 3-Nov-09 08:32 pm  
 
$29.3M adjusted EBITDA before interest, tax and D&...
rkymtgeo Rate it 3-Nov-09 08:55 pm  
 
Interest expense up by 6 million in quarter a...
jrp1324 Rate it 3-Nov-09 09:25 pm  
 
Re: Doing the Math
wiscman613 (1 Rating) 4-Nov-09 08:38 am  
 
Well interest is showing at $29.3M and deprec...
peristenton... (1 Rating) 11-Nov-09 05:09 pm  
 
take Adj EBITDA of $29,346 add $6,709 no...
chegerar (2 Ratings) 14-Nov-09 10:16 pm  
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Atlas Pipeline Partners LP (APL)

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