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...
Finding Value in MLP IDRs
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.
Understanding MLP GP Models
On the heels of the Plains All American Pipeline (PAA) and Plains GP Holdings (PAGP) simplification announcement, we’ve received many questions about MLP GP models. Today I’ll discuss the types of...