In my last post I described what I consider the worst case scenario for MLPs in the event that their tax favored status ends overnight. Today I want to look at a few of the upsides of such an event. Yes, I do think there are upsides to ending the […]
What is the worst that could happen? That’s a question I always ask myself when making an investment. I look at the major risks posed to an investment and do a worst case scenario analysis with respect to that risk factor. When it comes to MLPs probably the major risk […]
Well, the MLP correction I discussed earlier seems to have run its course for now. I thought this would be a good time to see what this correction has done for MLP valuations relative to history. I last did this back at the end of Q1 2011 and was planning […]
There looks to be a correction developing in the MLP sector that may bring up a significant opportunity that income investors should begin to have a plan for. Lets look at the drop in prices recently, potential reasons for the drop, and what it means for the sector and more […]
MLPs offer attractive tax-deffered yields and total returns. MLPs have handily outperformed the S&P since 1996 and look to continue to do so. With the emergence of unconventional oil and natural gas plays in North America the sector is also in major growth mode. But most investors think that MLPs […]
With the end of Q1 2011 upon us, and earnings reports to start coming soon, I thought it was a good time to re-look at MLP valuations, specifically the top 5 market cap MLPs and the Alerian MLP index. I posted on year end 2010 values in this post. Below […]
I’m a big fan of MLPs as an asset class and in particular of owning individual MLPs. I’ve posted on KMP, EPD, and on ETP previously. Not too long ago owning individual MLPs was the only way to invest in them. However, in the last couple of years there have […]
2010 was another great year for the MLP sector. The MLP index, AMZ, finished 2010 with a total return (including dividends) of 36% compared to the S&P500 total return of 15.1%. And that was after a 76% return in 2009! Those kinds of returns will sure help you lead a […]
Energy Transfer Partners (ETP) is another of the big cap MLPs. Along with KMP and EPD it makes up a good portion of the Alerian MLP index. Like my earlier posts on KMP and EPD this post takes a look at the partnership’s historical performance and how its positioned for […]
I an earlier post I talked about MLP valuation and considered if the sector was overvalued. My conclusion was that based on avg historical yield the sector seemed pricey but based on my preferred metric, the yield spread to the 10yr note, the sector was not over valued. Today I […]
I haven’t gotten around to discussing owning individual stocks vs mutual funds vs ETFs but I saw an article today that I wanted to discuss briefly with regard to MLPs. There have been several ETFs launched recently to track the performance of the MLP sector or the Alerian MLP Index […]