Monthly Archives: April 2012
MLP Peer Chart of the Week 041912 Nat Gas Pipelines DCR vs. Maintenance Capex
The chart shows trailing Distribution Coverage Ratios (“DCR”) for the Natural Gas & NGL Pipeline segment compared to their respective Maintenance Capital Expenditures as a percentage of EBITDA (“M Cap/EBITDA”). Maintenance Capex is a topic of broad philosophical viewpoints across the MLP … Continue reading
MLP Peer Chart of the Week 041212 Nat Gas Pipelines Leverage vs. Yield
The chart shows trailing Net Debt (Total Debt less Cash, represented by the green bars) for the Natural Gas & NGL Pipeline segment compared to their respective estimated Current Yields After Tax (blue line, the orange line is the linear … Continue reading
MLP Peer Chart of the Week 040512 Nat Gas Pipelines DCR vs. Valuation
The chart shows trailing Distribution Coverage Ratios (“DCR”) for the Natural Gas & NGL Pipeline segment compared to their respective Total Enterprise Value (“TEV”) to EBITDA multiples and their respective Total Enterprise Value to Adjusted EBITDA valuation multiples. The Adjusted … Continue reading