MLP Structural Simplifications: Part 2 – IDR Eliminations
In recent years, we’ve seen MLPs move to eliminate IDRs, as several management teams have acknowledged that IDR structures become unsustainable over time. In today’s post, we look at how IDR...
MLP Structural Simplifications: Part 1 — Reorganizations
Several transactions in the MLP space have been proposed or completed in the name of simplification. This week, we’ll look at simplifications in the form of reorganizations, and next week, we’ll look...
Is the US Over-Piped? Part 1: MLP Re-Contracting Risk
Investors often ask us if the US is over-piped. The question points to both concerns around re-contracting risk and whether there is still an opportunity for growth through pipeline additions. In...
Where’s the Growth? 2018 Distribution Guidance for AMZI Constituents
How many AMZI constituents expect to grow their distribution by 10% or more? How many constituents expect to grow their distribution by 20% or more? What does growth look like on an aggregate basis?
Did You Know? All MLPs Are Ineligible to Be in the S&P 500
MLPs are not eligible for the S&P 500. Today we’ll discuss the possible reasons for the exclusion and talk about options for adding MLPs to your portfolio.
What Happened in October: 3 Challenges for Dropdown MLPs and 3 Ways Their Parent Companies are Helping
Dropdown names once handily outperformed other MLPs. Now, following a year of underperformance, their parent companies are stepping in to help boost valuations.