Second quarter numbers for the midstream sector looked healthy, noted Tortoise Capital Advisors in a mid-year review. New projects were placed in service during the quarter with additional projects scheduled to commence later in 2015 and 2016. “Our projection for capital investment in MLP, pipeline and related organic growth projects through 2017 remains strong at […]
Tag: pipeline
More on Tortoise’s new product
Master limited partnerships (MLPs) which had put up a great show last year despite plunging oil prices saw a weak start to the year. MLPs finally had to give in to the oil price massacre. However, the weakness in the space gave many an entry point in these products, given their high level of yield. […]
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 […]
Reuters gets Tortoise input
Tortoise Capital’s Robert Thummel says there’s still a lot more upside for master limited partnerships and pipeline companies. – Reuters Insider (registration required) http://insider.thomsonreuters.com/app.html?hmy=0#/clip/1291224/i0ec37y0