The first master limited partnership (MLP) was formed by Apache Oil Company in 1981. In 1987 Congress legislated the rules for publicly traded partnerships in Internal Revenue Code Section 7704. MLPs ...
The story of the demise of the MLP model is rather simple. That MLPs collapsed alongside energy resource pricing only reinforces our original thesis given prevailing industry opinion at the time. What ...
Despite inexhaustible cheerleading by Jim Cramer and others, publicly-traded midstream energy MLPs have taken quite a beating in the first half of 2015. The story told over and over in the financial ...
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