The Traderszone Network

Published in TZ Latest News 16 July, 2014 by The TZ Newswire Staff

El Paso: Avoid This MLP

By Seeking Profits:

El Paso Pipeline Partners (NYSE:EPB) reported quarterly results after the bell on Wednesday, and in keeping with the recent trend, the numbers failed to impress. Thus far this year, EPB units are trading down 1%, and over the past twelve months, units are down a far more dramatic 19.6%. By comparison, the MLP index (AMZ) is up 12% over this time frame.

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