IDR elimination has been the latest trend in MLP simplification. The value investors (and GPs) place on them depends on the individual company and its outlook. Sometimes free is the right price.
Lots of discussion has swirled around the border adjustment tax in recent days. Today I’ll explain what it is and the potential effects it could have on midstream energy.
The Federal Energy Regulatory Commission (FERC) is in a transition period. With new leadership, new nominees, and new projects to approve, we’ll talk about what this means for midstream business.
In the first hours of the Trump administration, executive orders were issued fast and furiously while many citizens protested and the market celebrated. Here’s what happened.
The final regulations for MLP qualifying income were published to the Federal Register last week. We’ll discuss the biggest changes from the proposed regulations and if these new rules are written in...
For the first time in 5 years, MLPs finally outperformed the S&P 500. They’ve also held their place as the top performer on a 10-year annualized basis. To see performance relative to other asset...
What Happened Last Week in MLPs: Consolidation and Simplification Highlights the Waning Importance of Dropdown Stories
Having a strong sponsor and dropdown story are no longer enough to outperform in the MLP space. As announcements by DPM and MPLX highlight, IDR elimination is what everyone wants to see.