Over the past decade, the current universe of energy-focused MLPs has closed 689 acquisitions--a total value of $236.9 billion. With $32.2 billion worth of transactions announced thus far in 2013, these roughly 100 publicly traded partnerships appear on pace to match last year’s total.
Investors should expect this boom in mergers and acquisitions to continue. We examine the factors driving this trend and highlight a handful of potential takeover candidates.
Prospective investors in a master limited partnership (MLP) must understand how much the general partner receives in incentive distribution rights and the extent to which this cut inhibits or promotes the limited partners' distribution growth.
The pullback in master limited partnerships after the Federal Reserve announced plans to scale back quantitative easing gave investors an opportunity to buy Kinder Morgan Energy Partners LP (NYSE: KMP) at a favorable price.
The tax panel at the National Association of Publicly Traded Partnerships' annual investor conference drew the biggest crowd of the entire weekend. We recap the highlights and review the basics of MLP taxation.
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