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Quarterly Earnings

Pulling the Levers

By Roger S. Conrad on Aug. 1, 2014

Larger master limited partnerships sometimes get a bad rap from investors because they require greater incremental cash flow growth to move the needle. On the other side of the coin, these names have the scale and asset bases to pursue growth projects that aren’t feasible for smaller operators. And our favorites boast above-average yields have underappreciated levers they can pull to unlock value for unitholders.

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