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.
Last week, routine regulatory approvals generated positive sentiment in the MLP space. However, risks remain and investors should continue to account for regulatory and project execution risk.
Foreign ownership in MLPs has seen a significant uptick over the last 10 years. Despite the tax consequences, MLP investment still makes sense for many investors around the world.
The FERC index methodology changes have been implemented. Today we’ll talk about how long the current index level is in place and if there is any wiggle room for tariffs in the event of market changes.
In last quarter’s installment, we examined how an MLP in the high splits would pay increasing portions of its cash flow to the general partner (GP). Given this “GP tax,” some investors may choose to...