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.
As MLPs play through the chess game of the energy cycle (now entering the consolidation phase), they’re making conservative moves: keeping distributions flat, selling assets to raise cash, and keeping...
The new mobile game Pokémon Go has taken America by storm. The best Pokémon strategies are also some of the best MLP and investing strategies. The PAA/PAGP simplification deal can even be understood...
April showers bring May flowers, and May flowers bring Pilgrims. But what will the May recovery in MLPs bring?
For MLPs and energy infrastructure companies, April was spent getting ready: raising money, selling assets, avoiding pitfalls, and reducing obligations.
March may have seen a small bounce for MLPs, but it is yet to be seen if the space will unravel faster than it can knit itself back together.