Energy Industry Update (EPB, WPZ, WS, EPE, PVG)

Analyst Ethan Bellamy at Wunderlich Securities has released a report on the Energy industry. According to the report, thirty-one Master Limited Partnerships (MLPs) have so far reported distributions earned in the first-quarter and payable in the second-quarter.

Wunderlich Securities estimates 4.8% market-capitalization weighted year-over-year growth and 1.3% sequential growth so far this quarter. The report mentions that El Paso Pipeline Partners, L.P. (NYSE: EPB), with year-over-year growth of 16.9% and sequential growth of 5.6%, leads the sector based on distribution of $0.38.

According to the report, there are sixteen MLPs reporting positive quarter-over-quarter distributions, with the top five being El Paso Pipeline Partners, Williams Partners L.P. (NYSE: WPZ), Western Gas Partners, L.P. (NYSE: WES), Enterprise GP Holdings, L.P. (NYSE: EPE), and Penn Virginia GP Holdings (NYSE: PVG).