Three Atlas Master Limited Partnerships Drop On Negative Hedgeye Tweets

Shares of Atlas Energy (ATLS) and its sister master limited partnerships, Atlas Pipeline Partners (APL) and Atlas Resource Partners (ARP) fell on negative Twitter remarks from Hedgeye.

Kevin Kaiser, energy sector head at the investment research firm, said on Twitter Hedgeye had added Atlas Energy and Atlas Pipeline Partners to its Best Ideas List as shorts.

“We believe there is considerable downside to fair value for all three Atlas MLPs ATLS, APL, ARP,” Kaiser tweeted.

In afternoon trade, ATLS was down 7.11% to $39.95, APL was down 3.46% to $31.07, and ARP was up 4.94% to $20.20.

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