MLP Protocol 040414

Key Adjustments:

  • Adjusted Tallgrass Energy Partners (TEP) for its Trailblazer Acquisition
  • Adjusted Memorial Production Partners (MEMP) for its acquisitions
  • Adjusted DCP Midstream (DPM) for the closing of its drop-down acquisition

News Items:

  • March 31 – S&P Raises El Paso Pipeline Partners (EPB) Ratings to ‘BBB’ From ‘BBB-‘
  • March 31 – Moody’s Rates Exterran Partners (EXLP) Proposed Notes B1; Stable Outlook
  • March 31 – Fire and Explosion at a Williams (WMB) Natural Gas Plant near Plymouth
  • March 31 – Constellation Energy Partners (CEP) Announces Settlement of the PostRock Litigation
  • March 31 – Exterran Partners (EXLP) Prices Private Offering of $350 Million of 6% Senior Notes
  • March 31 – Targa Resources (NGLS) Provides Update on Financial Outlook and Announces New Growth Projects
  • April 1 – Crestwood Midstream (CMLP) Announces Permian Delaware Basin Gathering and Processing Expansion Project
  • April 1 – Martin Midstream Partners (MMLP) Completes Private Placement Add-On of $150 Million of 7.250% Senior Notes Due 2021 and Redemption of 8.875% Senior Notes Due 2018
  • April 1 – Tallgrass Energy Partners (TEP) Announces Completion of the Trailblazer Acquisition and an Increased Distribution for the First Quarter of 2014
  • April 1 – Memorial Production Partners (MEMP) Announces Closing of Acquisition of Oil and Gas Properties
  • April 1 – DCP Midstream Partners (DPM) closes on the previously announced dropdown acquisition
  • April 1 – Keep Calm and Carry On: IRS “Pauses” for Internal Study of MLP Qualifying Income
  • April 2 – MLP Data: 2014 Q1 Quarterly Market Intelligence For MLP Investors
  • April 2 – TransMontaigne Partners (TLP) Announces Changes to the Board of Directors of Its General Partner
  • April 2 – Canada Regulator to Hold Public Hearings on Kinder Morgan Pipeline (KMP) Expansion
  • April 3 – Haynes and Boone’s Newsroom: IRS Suspends MLP Qualifying Income Private Letter Rulings
  • April 3 – Jeffrey R. Armstrong Appointed to the Tallgrass Energy Partners (TEP) Board of Directors
  • April 3 – StoneMor Partners (STON) Signs Agreements to Acquire Funeral Homes & Cemeteries/Crematories From Service Corporation International
  • April 4 – SunCoke Energy Partners (SXCP) Coke Production Estimated to Be 414 Thousand Tons in First Quarter 2014
  • April 4 – OCI Partners (OCIP) Announces Closing of $398 million Term Loan B Re-Pricing Transaction
  • April 5 – MLP Data: Weekly Intelligence For Master Limited Partnership Investors

Links to the Investor Relations websites for all the MLPs can be found here.

Recent IPO Filings:

  • PBF Logistics, LP initial S-1
  • Memorial Resource Development Corp. initial S-1 (GP / Parent of MEMP)
  • Enable Midstream Partners (ENBL) is also out on its IPO roadshow planning to price this Thursday night (S-1, Roadshow Video)

Links to the Investor Relations websites for all the MLPs can be found here.

The MLP Protocol Sprint Portfolio Position Report for April 2014 is now available (based on April 4, 2014 closing prices), the April 2014 report will be available the weekend of May 2.

MLP Protocol Weekly Snapshot report: (click to open) MLPP 040414 Snapshot vFree

About Philip Trinder

President of MLP Protocol, investor, trader, and proponent of Master Limited Partnerships.
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2 Responses to MLP Protocol 040414

  1. David says:

    Sorry Phil,
    I just read your article again and know the answer to my question.

  2. David says:

    Will ENBL be issuing K-1s?

Comments are closed.