Master Limited Partnerships
MLP Mania
Editor’s Note: The Energy & Income Advisor team will attend the National Association of Publicly Traded Partnerships’ upcoming MLP Investor Day, an annual event where we’ve uncovered some of our best investment ideas in recent years. Over this grueling...
04/14/14: Taking Profits and Cutting a Slight Loss
Energy & Income Advisor is a comprehensive service that covers all sectors and industry groups within the energy complex. The product is the culmination of our more than 40 years of combined experience covering energy-related...
MLP Portfolio: The Outperformance Continues
Since the MLP Portfolio’s inception on Nov. 15, 2013, our holdings have delivered an average total return of 7.16 percent, compared to the 2.16 percent return generated by the benchmark Alerian MLP Index. Over this...
03/03/14: KMP’s Maintenance CAPEX
Andrew Bary questioned the sustainability of Kinder Morgan Energy Partners LP’s (NYSE: KMP) in Kinder Morgan: Trouble in the Pipelines?, the cover story from the Feb. 22 issue of Barron’s. Although the story catalyzed a...
Real Talk about Energy Investing
Every month, Roger Conrad and I host an exclusive Live Chat with Energy & Income Advisor subscribers. Given the breadth of the publication’s coverage universe, these informal conversations are wide-ranging, tackling whatever issues and questions...
Special Opportunities: Master Limited Partnership IPOs
Editor’s Note: Roger Conrad and Elliott Gue last week gave several presentations at the World MoneyShow Orlando. For a limited time, Energy Investing Weekly readers can download the slides from Roger’s talk, Midstream Energy: Splitting...
01/17/14: Kinder Morgan Energy Partners LP’s Fourth Quarter
Kinder Morgan Energy Partners LP (NYSE: KMP) has come under fire for its tight distribution coverage and concerns that the blue-chip MLP’s size makes it difficult to grow cash flow. The burdensome incentive distribution rights that the...
01/01/13: KMP’s Move into Domestic Tankers
On Dec. 23, 2013, Kinder Morgan Energy Partners LP (NYSE: KMP) announced the acquisition of American Petroleum Tankers and State Class Tankers from two private-equity firms, The Blackstone Group (NYSE: BX) and Cerberus Capital Management,...
General Appeal
The master limited partnership (MLP) structure often comprises two entities: a limited partnership that owns the underlying assets and a general partner (GP) that’s responsible for managing the operating entity. In addition to a minority...
Commodity Price Outlook for 2014
The past year brought its fair share of volatility to North American energy markets. Natural gas traded within our expected range, while regional price differentials between various crude oils fluctuated considerably throughout the year. Meanwhile,...
Swimming Upstream
Emerge Energy Services LP (NYSE: EMES) Emerge Energy Services LP operates two business segments: mining specialized silica sand for use in hydraulic fracturing, and fuel processing and distribution. Oil and gas producers use American Petroleum...
Extracting Value: Separating the Midstream from the Downstream
Phillips 66 Partners LP (NYSE: PSXP) The second-best performing initial public offering (IPO) of a master limited partnership (MLP) this year, Phillips 66 Partners LP made its New York Stock Exchange debut on July 22...
Midstream MLPs: The Next Generation
Tallgrass Energy Partners LP (TEP) Tallgrass Energy Partners LP owns and operates transportation, storage, processing and fractionation assets--a network of midstream infrastructure that stretches through Wyoming, Kansas, Colorado, Missouri and Nebraska Source: Tallgrass Energy Partners...
Focus List — Less is More
We designed Energy & Income Advisor to be the most comprehensive financial advisory covering this popular sector. Our coverage universe includes every energy-related master limited partnership (MLP), more than 70 dividend-paying Canadian energy stocks and...
Transocean Proposes Huge Dividend Increase, But There are Other Drillers in the Sea
On Nov. 11, 2013, shares of offshore drilling giant Transocean (NYSE: RIG) rallied by almost 4 percent after the company announced plans to pursue a more shareholder-friendly strategy that involves: Boosting the dividend to $3.00...
The Lowdown on MLP IDRs: Incentive or Impediment?
Master limited partnerships (MLP) usually comprise two entities: an operating limited partnership (LP) and a general partner (GP) that usually owns a 2 percent stake in the LP and receives compensation for managing the operating...
TRENDING TOPICS
Beware (Some) Energy Companies’ Floating Rate Debt Bomb
Q4 earnings reporting season is still more than month off for the energy sector. But midstream leader Kinder Morgan (NYSE: KMI) has announced its preliminary...
Midstream Dividends Rising Again, Prices To Follow
Forget the Fed, Russia and windfall profits tax threats. The big news in energy this week is dividend increases, most impressively at Model Portfolio midstream...
Energy Earnings Better Than Ever
Benchmark oil prices were sometimes as much as $40 a barrel higher in Q3 2022 than in the year earlier period. So it’s understandable investor...
Live at the Orlando MoneyShow 2022
I'm excited to announce that Roger Conrad and I will be attending the Orlando MoneyShow 2022 live and in-person Oct. 31, 2022 at the Omni...