Tag Archives: Master Limited Partnerships
MLP Protocol 051713
Key adjustments from last week: Added Tallgrass Energy Partners, LP (TEP) to the Natural Gas & NGL Pipeline segment after its successful IPO at $21.50 on May 13. Adjusted WES for a 6.1 million common unit offering at $61.18 on May … Continue reading
Posted in Weekly Updates
Tagged distributions, dividends, investments, IPO, Master Limited Partnerships, MLP, MLPs, yield
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MLP Protocol 051013
Key adjustments from last week: On May 6, CMLP announced plans to merge with NRGY and NRGM to create a fully integrated midstream partnership with a total enterprise value of approximately $7 billion (Press Release). On May 7, PSE announced that it received … Continue reading
Posted in Weekly Updates
Tagged distributions, dividends, Initial public offering, investments, IPO, Master Limited Partnerships, MLP, MLPs, yield
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EMES MLP IPO Preview May 2013
Emerge Energy Services, LP (ticker EMES) is currently out on its IPO roadshow and looking to raise $150 million by selling 7.5 million common units at a mid-point price of $20 with an indicated mid-point yield of 14%. The distributions will … Continue reading
Posted in MLP IPO Review
Tagged distributions, dividends, Initial public offering, IPO, Master Limited Partnerships, MLP, MLPs, yield
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MLP Protocol 050313
Key adjustments from last week: Adjusted KMP for the closing of the CPNO acquisition on April 30. NTI’s equity offering on May 1 was secondary units being sold by Insiders so the company did not receive any of the proceeds. The … Continue reading
Posted in Weekly Updates
Tagged distributions, dividends, investments, Master Limited Partnerships, MLP, MLPs, yield
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MLP Protocol 042613
Key adjustments from last week: Adjusted SXE for the $40 million of Series A Convertible Preferred units it issued on April 15 that was done in conjunction with an amendment to its credit facility to loosen the financial covenants. Preferred units will … Continue reading
Posted in Weekly Updates
Tagged distributions, dividends, investments, Master Limited Partnerships, MLP, MLPs, yield
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MLP Protocol 041913
Key adjustments from last week: Adjusted AMID for the following announcements on April 16: High Point Infrastructure Partners, LLC (“High Point”), a portfolio company of ArcLight Capital Partners, LLC (“ArcLight”), acquiring 90% of AMID’s General Partner and 100% of its … Continue reading
Posted in Weekly Updates
Tagged distributions, dividends, investments, Master Limited Partnerships, MLP, MLPs, yield
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MLP Protocol 041213
Key adjustments from last week: Added KNOT Offshore Partners LP (“KNOP”) to the Marine MLP segment after its very successful IPO at $21 on April 9. Adjusted the Markets and Levels data to just utilize the commodity spot prices provided by … Continue reading
Posted in Weekly Updates
Tagged distributions, dividends, investments, Master Limited Partnerships, MLP, MLPs, yield
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MLP Protocol 040513
Key adjustments from last week: Adjusted SEP for a 4.5 million unit equity offering at $37.25 on April 2 (4% discount to prior close). Adjusted NKA for its equity restructuring announced on April 3: Equity restructuring combines and restructures subordinated … Continue reading
Posted in Weekly Updates
Tagged distributions, dividends, investments, Master Limited Partnerships, MLP, MLPs, yield
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Tier 3 EPA Panic for Refiners 040213
There are four publicly traded MLPs that own refining assets: ALDW, CLMT, CVRR and NTI. In my analytics I currently have the Variable Rate Refining MLPs ALDW, CVRR and NTI categorized as “Extremely Risky” and CLMT as “Very Risky” and today was an example of … Continue reading
Posted in Other
Tagged distributions, dividends, investments, Master Limited Partnerships, MLP, MLPs, yield
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KNOT Offshore Partners LP Roadshow Slides 040213
KNOT Offshore Partners, LP (ticker KNOP) is currently out on its IPO roadshow and looking to raise $149 million by selling 7.45 million common units at a mid-point price of $20 with an indicated mid-point yield of 7.50%. They expect … Continue reading
Posted in MLP IPO Review
Tagged distributions, dividends, investments, IPO, KNOP, Master Limited Partnerships, MLP, MLPs, yield
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