Investing Topics: MLPs

Are Midstream MLPs Still Safe for Conservative Investors?

By Roger S. Conrad on Aug. 20, 2015

Some investors worry that the MLP structure itself has a fatal flaw, a concern that reflects the market’s tendency to view the group as a whole during times of panic. Examining the factors at play in the recent correction can help to identify the pockets of risk and the best-positioned names for when the market returns to its senses and focuses on individual stories.

Making Sense of the Marcellus Shale’s Midstream Madness

By Elliott H. Gue on Sep. 6, 2014

The stakes are high for the masters of midstream, particularly in the Northeast where surging output of natural gas has overwhelmed local demand and existing takeaway capacity, depressing the prices at Pennsylvania’s Leidy Hub relative to the Henry Hub in Louisiana.

Upstream MLPs Search for Scale

By Roger S. Conrad on Jul. 28, 2014

Breitburn Energy Partners LP's recently proposed acquisition of QR Energy LP demonstrates that the search for scale is alive and well among upstream MLPs.

Dividends and Taxes: Keeping More of Your Profits

By Roger S. Conrad on Jul. 25, 2014

Here’s a look at how our Lifelong Income Portfolio holdings are taxed and what you can do to reduce your obligations.

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

By Elliott H. Gue on Jul. 4, 2014

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.

Thoughts on the NAPTP’s Annual MLP Investor Conference

By Roger S. Conrad on May. 24, 2014

The Energy & Income Advisor team attended the NAPTP's MLP Investor Conference. Here are our takeaways.

A Look at MLP Valuations

By Elliott H. Gue on Apr. 25, 2014

Combined with an understanding of an MLP’s underlying business and growth prospects, valuation can help you decide which publicly traded partnerships to add to your portfolio.

03/03/14: KMP’s Maintenance CAPEX

By Elliott H. Gue on Mar. 4, 2014

Kinder Morgan Energy Partners LP (NYSE: KMP) doesn't understate the maintenance capital expenditures in its natural-gas pipeline segment.

Real Talk about Energy Investing

By Elliott H. Gue on Mar. 1, 2014

Every month, Roger Conrad and I host an exclusive Live Chat with Energy & Income Advisor subscribers. February's four-hour discussion was particularly lively; we decided to present an excerpt of some of our readers’ most frequent questions and our responses.

Special Opportunities: MLP IPOs

By Elliott H. Gue on Feb. 25, 2014

Paying attention to the pipeline of prospective master limited partnerships (MLP) gives savvy investors an opportunity to lock in high yields on names that offer the best upside potential.

MLPs often outperform in their early years, as their smaller asset bases make it easier to move the needle on cash flow and distribution growth.