• Energy and Income Advisor
  • Conrads Utility Investor
  • Capitalist Times
  • Twitter
  • Seeking Alpha
  • Roger S. Conrad

Investing Topics: Midstream Operators

Q2 in Review: Conservative MLP Portfolio

Our Conservative MLP Portfolio has delivered an average total return of 29.2 percent since its inception in mid-November 2013, outperforming the 23.8 percent return generated by the Alerian MLP Index. Here’s our assessment of each holding’s second-quarter results and our updated outlook for their future prospects.

More Thoughts on the Kinder Morgan Mega-Deal and Its Implications

Rather than regarding Kinder Morgan Inc.’s consolidation of its associated limited partnerships as a referendum on the MLP structure or the end of an era, investors should regard this move as a fresh start for the midstream giant–an opportunity to reshape itself to meet the demands of the marketplace and competitive environment.

Enterprise Products Partners LP: Great Company, Not a Great Stock

Enterprise Products Partners LP boasts one of the strongest balance sheets and growth prospects in the MLP universe. However, a frothy valuation means that investors should stand aside and wait for a pullback before adding to or establishing a position in the name.

Enable Midstream Partners LP: Large and in Charge

Despite completing its initial public offering in April 2014, Enable Midstream Partners LP (NYSE: ENBL) already boasts $11 billion in total assets, making the master limited partnership (MLP) one of the largest midstream names in our MLP Ratings. The size and diversity of the partnership’s asset base distinguishes it from the other MLPs that have completed their IPOs this year. 

Four Takeaways from the Year’s Biggest Acquisition in the Energy Patch

On June 16, 2014, Williams Companies announced an agreement to acquire Global Infrastructure Partners’ 50 percent general-partner interest and 27 percent equity interest in Access Midstream Partners LP for $5.995 billion. We examine four key takeaways from this deal for MLP investors. 

Takeover Talk in the MLP Space

In recent years, mergers and acquisitions activity has driven outperformance in the MLP space. We live by a hard and fast rule when it comes to investing in potential takeover targets: The stock in question must have other upside drivers to provide a degree of protection if the expected transaction never comes to fruition.

Subscribe today to receive a sample issue of EIA
  • Live Chat with

    Elliott and Roger on Oct. 30, 2017

  • Portfolios & Ratings

    • Model Portfolios

      Balanced portfolios of energy stocks for aggressive and conservative investors.

    • Coverage Universe

      Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.

    • MLP Ratings

      Our assessment of every energy-related master limited partnership.

    • International Coverage Universe

      Roger Conrad’s coverage of more than 70 dividend-paying energy names.

    Experts

    • Roger S. Conrad

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

    • Elliott H. Gue

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

    • Peter Staas

      Managing Editor: Capitalist Times and Energy & Income Advisor