Energy Transfer Partners reported Q1 2011 results last week on May 4, 2011. The press release is here. The high level summary of the results; Energy Transfer Partners, L.P. (NYSE:ETP) today reported Adjusted EBITDA, Distributable Cash Flow, and net income for the quarter ended March 31, 2011. Adjusted EBITDA for Read more…
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 Read more…
Kinder Morgan (KMP, KMR, KMI) reported Q1 2011 results last night after market close. Here is the summary from the press release. Kinder Morgan Energy Partners Increases Quarterly Distribution to $1.14 Per Unit Distribution 7% Higher Than First Quarter 2010 HOUSTON, Apr 20, 2011 (BUSINESS WIRE) — Kinder Morgan Energy Read 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 Read more…
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…
The 3rd largest MLP by market cap, Energy Transfer Partners (ETP) reported Q4 2010 results that were as expected. The full press-release can be found here. Total distributable cash flow (DCF) for the year was $1.03B which was only about a 7.4% increase from 2009. The Q4’10 declared distribution of Read more…
EPD reported Q4’10 and full year 2010 results on February 17th, 2011 and again they were nothing short of impressive. The full earnings release can be found here. I also highly recommend their earnings calls where EPD always does a nice job of providing additional color to their earnings results. Read more…
Last month I introduced my income investor dashboard that helps me keep tabs on the investment landscape from an income investor’s point of view. I’ve updated the dashboard as of this morning. Here it is: I added this month’s updates to the table and calculated the change in yields from 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…