Are MLPs Really Disappearing?
Are MLPs facing extinction? It seems premature to make the call that we’re seeing a wholesale conversion from the MLP to C-Corp model, but the midstream space is evolving and that has implications for...
The Evolution of MLP and Energy Infrastructure Products
Similar to how the MLP space continues to evolve, so does the landscape for MLP and energy infrastructure pooled access products. Today’s post walks through this evolution and provides context for...
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...
Monthly Mailbag: Do Lower Corporate Income Taxes Mean Lower Pipeline Rates?
MLPs have been fielding questions around the impact that the lowered corporate income tax rate will have on the rates for their FERC-regulated pipelines. In this post, we’ll discuss FERC’s ratemaking...
Is the US Over-Piped? Part 2 – MLP Pipeline Growth Opportunities
Last week, we discussed re-contracting risk in the context of the broader question of whether the US is over-piped. In today’s post, we look at whether there are still growth opportunities in building...
US Production is Growing, Though You Wouldn’t Know it from the Rig Count
As volume-driven businesses, US production of oil and gas is meaningful for MLPs in terms of utilizing existing infrastructure and providing growth opportunities. In the past, investors looked to rig...