Understanding Brexit’s Impact on Midstream MLPs Monday was shaping up to be a tough day for midstream master limited partnerships. The sector-tracking Alerian MLP ETF (AMLP) was down more than 4% by early afternoon as the price of crude fell 3.4%. Crude has been falling since the Brexit vote, but MLPs held up okay on […]
Tag: MLPs
Tortoise in Seeking Alpha
Irrational Pessimism – Throwing The Baby Out With The Bath Water Since first publishing kortsessions.com in February 2013, I have tried not to get into the weeds on individual stocks ideas. We are all about the media and the adverse outcomes in store for those who rest their investment policy on their pronouncements. When I […]
Tortoise in Seeking Alpha
A Case For MLP Investing After graduating from college in 1981, one of my first assignments as an auditor for Peat Marwick, now KPMG, was to assist on the Panhandle Eastern Pipeline audit. With that brief experience, I became intrigued with pipelines, and remain so 3 ½ decades later. Read more here.
Tortoise in Forbes
Patient Investors Look To MLPs For Income…A 2016 Outlook No doubt about it, current market conditions are tough but distribution cuts across the board are being priced into MLPs right now. So while things are likely to be volatile for the near term, we think they can only get better, especially if you have a 12+ […]
Tortoise in FundFire
MLP Manager Attracts Strong Flows Despite Market Plunge Master limited partnerships (MLPs) have taken a beating since September last year, swept up in the energy industry turmoil caused by the plunge in crude oil prices. MLP manager Tortoise Capital Advisors has seen its assets under management dragged down with the market, but the firm has […]
Tortoise in SeekingAlpha
What Investors Need To Know Now About MLPs Read the piece here.
Tortoise Commentary on Seeking Alpha
Investment Opportunities Exist Within Volatile Energy Market Read the full commentary here.
Tortoise in Barron's
Wild Swings Buffet MLP Investors Many factors contributed to the 26% drop in these energy infrastructure companies over the past year. Unfortunately those factors aren’t going away any time soon. By Amey Stone Master limited partnerships (MLPs) have long been prized by income investors for their attractive yields, favorable tax treatment, and relative stability. But […]
Tortoise in Barron's
Tortoise Expects Generous Distribution Growth from MLPs By Amey Stone The bear market in master limited partnerships accelerated last week, with the sector falling 8.4% as many companies reported earnings. MLPs are now down 18.3% for year, and down 30% from peak level a year earlier. Read the full article here.
Tortoise in Seeking Alpha
Thummel: High yields, new deal backlogs make PAA, EPD, MMP top MLPs Read the piece here.
Tortoise in Barron's
3 MLP Picks with High Yields and New Deal Backlogs By Amey Stone Master limited partnerships (MLPs) have had a rough time since about mid-May. Along with all yield-oriented securities, they’ve been buffeted by rising interest rates. Volatile oil prices and a major spill from one of the biggest companies in the index havn’t helped. […]
Tortoise in Barron's
Plains All American, Still Weak After Spill, Undervalued? By Amey Stone Units in master limited partnership Plains All American Pipeline (PAA) fell Monday, continuing a downturn that accelerated following the May 19 oil spill near Santa Barbara caused by a leak in one of its pipelines. The units closed at $45.36, a 1.4% drop, on […]
Tortoise in Forbes
The Most Beloved Mutual Funds Of Successful Investment Advisers By Ky Trang Ho Investors have some 9,200 mutual funds and 1,400 exchange-traded funds to choose from in the U.S. – the most in the entire world. They dwarf the 5,240 stocks listed on the U.S. stock market a la the NASDAQ and New York Stock […]
Tortoise in Barron's
DESPITE THE FLURRY, these deals aren’t an indictment of MLPs in general and don’t make sense for that many companies. “It’s a unique situation for a limited number of MLPs that are very mature,” says Matt Sallee, a portfolio manager at Tortoise Capital Advisors, an energy-investing specialist. Individual investors may have reason to be disgruntled, […]
Tortoise on MLP's
Much of the discussion about MLPs in recent months has revolved around the sharp declines in oil prices. But beyond oil-price volatility, what’s affecting the MLP market? What trends should investors watch out for, and what opportunities are available now? We spoke with two MLP experts: Jeff Jorgensen, director of research for Center Coast Capital […]
Tortoise in Barron’s
5 MLP Plays for Growth as Well as Big Payouts H. Kevin Birzer of the Tortoise MLP & Pipeline Fund has averaged 24% annual returns over the past three yrs. For investors looking for income and an energy allocation, the Tortoise MLP & Pipeline Fund has performed like a hare. The mutual fund (ticker: TORTX […]