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Alerts

12/15/17: Goodbye, IDRs

Although the terms of Marathon Petroleum Corp’s agreement to eliminate MPLX LP’s incentive distribution rights could have been better for the master limited partnership, the transaction ultimately reduces the midstream operator’s cost of capital.

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    • Elliott H. Gue

      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor

    • Roger S. Conrad

      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor