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 Read more…
On Feb 11, 2011 the general partner of KMP went public under the symbol KMI. The GP was taken private by a consortium of private equity firms a few years ago and now is back as a public entity. I’ve posted on KMP several times in the past (latest post Read more…
One of the things I love about investing is the opportunity to constantly learn and become a better investor. Your results are strongly driven by the time and effort you put into the process. In the past few months I’ve been researching an interesting idea I had. Two posts drove Read more…
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 Read more…
Kinder Morgan (KMP) reported Q4 2010 results after market close yesterday. Results were in line with market expectations. Here is the summary from the press release: Distribution 8% Higher Than 4Q 2009 2010 Distributable Cash Flow Up 14% Over 2009 HOUSTON, Jan 19, 2011 (BUSINESS WIRE) — Kinder Morgan Energy Read more…
At this time of year our thoughts usually turn to the holiday festivities, family gatherings and such. While no different for me, I usually have one more activity at this time of year that puts me in the Christmas spirit, the creation of an investing wish list. Making an investment Read more…
In an earlier post I discussed the big boy of the MLP space, Kinder Morgan. Today, I’ll talk about the new big boy in the MLP space, Enterprise Products Partners (EPD). EPD is now the largest MLP by market cap. Like KMP, EPD’s historical performance as an investment is downright Read more…