Key Adjustments from last week:
- 75 MLPs/companies have announced 3rd quarter distributions/dividends, 41 (55%) have announced increases with a median increase of 2.6% quarter over quarter, 29 (39%) have announced flat distributions versus the second quarter and 5 (7%) have announced lower distributions (PDH, RNF, UAN as three Variable Rate MLPs along with NRGY and OXF).
- Added Lehigh Gas Partners, L.P. (“LGP”) to the Downstream & Marketing MLP segment after its successful IPO at $20 on October 24.
- Added MPLX, L.P. (“MPLX”) to the Crude & Refined Products Pipelines MLP segment after its very successful and upsized IPO at $22 on October 25.
- Added Relative Risk Ratings pages (to the Subscriber November Monthly Report).
I also published two articles on Seeking Alpha this past week: MLP IPO Review: MLPX, L.P. and MLP IPO Review: Lehigh Gas Partners, L.P.
The MLP Protocol Monthly Analytics Report for November is now available.
MLP Protocol Weekly Snapshot report: MLPP 102612 Snapshot vFree
Article explaining the theories/logic behind the Valuation Coverage Ratio and the 3 Year Forward Yield / Valuation Coverage Ratio tools.
MLP Protocol Monthly Analytics preview (current full Monthly report is longer due to the addition of the Downstream & Marketing segment)
MLP Protocol Asset Book preview (the Asset Book is updated annually)