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3 Top MLPs For High Dividend Yields Up To 10%
Thursday, October 24, 2019 - 8:43am | 1349Income investors looking for high yields should consider Master Limited Partnerships, otherwise known as MLPs. These stocks have certain tax implications and unique structures that investors should carefully weigh before buying. With that said, the major advantage of MLPs is they widely offer much...
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Another Reason To Like This MLP ETF
Wednesday, July 24, 2019 - 10:43am | 540The Alerian Energy Infrastructure ETF (NYSEA:ENFR) has been receiving increased attention this year and with good reason as a variety of factors have sent the master limited partnership exchange traded fund to a year-to-date gain of 20.2%. What Happened Among other factors, ENFR and its components...
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BMO: Enable Midstream 'Reasonably Valued'
Thursday, June 20, 2019 - 2:34pm | 379Enable Midstream Partners LP (NYSE: ENBL), an owner, operator and developer of natural gas and crude oil infrastructure assets, is "reasonably valued" due to continued headwinds, according to BMO Capital Markets. The Analyst Danilo Juvane initiated coverage of Enable...
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Phillips 66 Downgraded By Morgan Stanley On Valuation
Friday, September 28, 2018 - 10:11am | 426Phillips 66 Partners LP (NYSE: PSXP), a master limited partnership that owns, operates, develops and acquires mostly fee-based crude oil and other products, boasts a strong underlying business that's overshadowed by stock's premium valuation, according to Morgan Stanley. The Analyst...
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Jefferies Issues MLP Update With New Franchise Pick
Sunday, July 22, 2018 - 5:00pm | 476Energy fundamentals in the U.S. improved throughout the second quarter as the industry as a whole set new records for daily field production, domestic demand and exports, Jefferies said in an industrywide report. The Analyst Jefferies' Christopher Sighinolfi last week made the...
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Seaport Global On Energy: Focus On Simple Companies
Monday, April 9, 2018 - 4:20pm | 691Master limited partnership companies are facing multiple "existential issues," so investors should look for exposure to companies with simple structures, according to Seaport Global Securities. The Analyst Seaport Global's Bernie Colson and Ryan Amberger. The Thesis MLP...
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Morgan Stanley Updates MLP Sector After FERC Decision
Friday, March 23, 2018 - 9:57am | 629The Federal Energy Regulatory Commission said March 15 it has eliminated tax allowances for master limited partnership pipelines and proposed natural gas pipelines. The decision has implications across the entire sector, which prompted Morgan Stanley to "sort through the rubble" and...
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Improving Fundamentals, Bottom Line Stability Among The Reasons For ONEOK Upgrade
Wednesday, June 21, 2017 - 9:32am | 340Analysts at Argus turned bullish on ONEOK, Inc. (NYSE: OKE), a master limited partnership that engages in the gathering, processing, storage and transportation of natural gas in the U.S., despite a 17 percent decline since the start of 2017. Argus' David Coleman upgraded Oneok's stock from...
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Citi Downgrades USD Partners To Neutral, Cites Near-Term Stable, Long-Term Risky
Thursday, May 26, 2016 - 9:39am | 393Citi has downgraded USD Partners LP (NYSE: USDP) to Neutral from Buy on valuation, and said the near-term operations are stable, but the long-term looks risky. However, Citi maintains its target price at $10.50. USD Partners LP is a master limited partnership that acquires, develops and operates...
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Bernstein Initiates Coverage On MLPs
Wednesday, May 11, 2016 - 12:52pm | 331After a wild ride for MLP investors over the past couple of years, Bernstein has initiated coverage on the space. Analyst Jean Salisbury has some good news and bad news for MLP investors. Good News First, the good news is that bankruptcy fears in the space have been overblown. Even at oil prices...
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Occidental Petroleum CEO Says Crude Downturn Has 3-Year Lifespan, Industry Is Halfway Through Current Cycle
Tuesday, February 23, 2016 - 11:37am | 238According to Reuters, Occidental Petroleum Corporation (NYSE: OXY)'s CEO issued some cautious commentary over the crude oil sector. Stephen Chazen, Occident's CEO spoke at an industry conference on Monday. The executive's comments focused on companies that that borrowed heavily when...
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MLPs Experience Second-Largest Correction In 20 Years; Oppenheimer Wonders If The Market Is Missing This
Wednesday, February 17, 2016 - 6:41pm | 230Oppenheimer on Wednesday evening held a conference call to discuss MLPs. The firm laid out eight periods of corrections going back to 1995. The most the group lost came in 2007/2008, declining ~55 percent. With the new revelations that a manager inside Berkshire Hathaway Inc. (NYSE: BRK-A) may...
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8 MLP Distribution Changes You Might've Missed
Tuesday, February 16, 2016 - 11:24am | 422MLP companies were very active over the past few weeks in making changes to their distributions to shareholders. Here is a roundup of eight companies that recently made changes to their cash distributions. Increase In Distribution Viper Energy Partners LP (NASDAQ: VNOM) announced on...
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Chesapeake Energy's Stock Might Be Worth Zero; The 'Worst Isn't Over' For MLPs
Monday, February 8, 2016 - 1:07pm | 451According to a report by Barron's, the worst in MLP's "isn't over." Barron's conclusion on the sector is based on the advice of a "brash" energy analyst, Kevin Kaiser of Hedgeye Risk Management, who "scored" with bearish calls in the past. "...
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Expert Says MLP Fundamentals 'Remain Strong'
Tuesday, December 22, 2015 - 11:31am | 402Over the past few years, Master Limited Partnerships have gained popularity and Pointe Capital Management believes that MLP fundamentals still are strong amid a volatile market. Despite MLPs coming under fire in recent headlines due to certain economic circumstances, Pointe Capital Management (...