Western Gas Equity Partners LP
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NBLX, WGP, CLMT, CVRR: The Weakest MLPs in the Third Quarter
Noble Midstream Partners (NBLX) stock fell significantly in August and September as Initiative 97 was started and then made it onto the Colorado ballot as Proposition 112.
These MLPs Rose More Than 9% in Week Ended January 5
CVR Partners (UAN) was the top MLP gainer last week, which ended on January 5, 2018. It rose 23.2%.
Analyst Ratings: WMB Has the Most ‘Buys,’ WGP the Most ‘Holds’
In this article, we’ll look at the analyst recommendations for the four peers in this series. Let’s start with Energy Transfer Equity (ETE).
Why PAA Was the Biggest MLP Loser Last Week
Plains All American Pipeline (PAA) was the biggest MLP loser last week, which ended on January 19, 2018. The partnership ended the week 6.1% lower.
Why Williams Companies Is Outperforming Peers in 2017
Plains GP Holdings (PAGP) was the most battered last month of the four in our peer group, witnessing a new YTD (year-to-date) low of $19.8 in August.
ENLK, BPL, and CEQP: The Top MLP Gainers Last Week
EnLink Midstream Partners (ENLK) rose 7.7% last week. The stock has gained substantially since its strong second-quarter results.
Inside the Growth Prospects of ETE, WMB, PAGP, and WGP
Energy Transfer Partners (ETP) has a capital budget of $3.9 billion for 2017, of which $1.7 billion was spent in the first half of the year.
ETE, PAGP, WGP, and ENLC: Analyzing MLPs’ General Partners
In this series, we’ll perform a comparative analysis of four MLPs’ general partners: Energy Transfer Equity, Plains GP Holdings, Western Gas Equity Partners, and EnLink Midstream LLC.
An investor’s guide to YMLI and its holdings, like Targa Resources
The Yorkville High Income Infrastructure MLP ETF (YMLI) launched in February 2013. Major constituents of YMLI include Sunoco Logistics Partners LP (SXL) and Western Gas Equity Partners LP (WGP).
High-Yield MLPs: What Wall Street Recommends
Energy Transfer (ET) stock was rated a “strong buy” or “buy” by 88% of analysts surveyed by Reuters.
AM, NGL, AMGP, and SPH Outperformed Last Week
On October 9, Antero Midstream Partners (AM) and Antero Midstream GP (AMGP) announced a simplification transaction.
Energy Transfer Equity: Highest Leverage among Its Peers
Energy Transfer Equity continued to have the highest leverage among its peers with net debt-to-adjusted EBITDA ratio at 5.9x by the end of 4Q17.
First Reserve Unloaded Major Position in WES
In this part of the series, we’ll look at the recent institutional activity for Western Gas Partners (WES), the MLP subsidiary of Anadarko Petroleum Corporation (APC).
MLP Rating Updates for Week Ended January 5
Suburban Propane Partners (SPH), the MLP involved in retail marketing and the distribution of propane, was upgraded by UBS last week, which ended on January 5, 2017.
JPMorgan Lowered Energy Transfer Equity’s Target Price
JPMorgan recently lowered Energy Transfer Equity’s (ETE) target price to $20 from $22. However, it kept its rating unchanged.
Top MLP Losers in the Week Ending September 22
Ferrellgas Partners (FGP), which is involved in propane logistics and distribution, was the top MLP loser in the week ending September 22.
The Key General Partners of MLPs: ETE, WMB, PAGP, and WGP
The four MLP partners we’ll compare in this series are Energy Transfer Equity, Western Gas Equity Partners, Plains GP Holdings, and Williams Companies.
What the Technical Indicators Tell Us about ETE, WMB, PAGP, and WGP
WMB was trading 2.6% above its 200-day moving average on September 18, while ETE, PAGP, and WGP were trading 3.2%, 20.9%, and 6.9%, respectively, below.
Do MLPs Benefit from the LP-GP Model?
MLPs generally have an LP-GP (limited partner and general partner) model structure in which the LP is a publicly traded entity and owns the majority of the operating assets.
What Does Energy Transfer Equity’s Current Valuation Say?
ETE currently trades at a price-to-distributable-cash-flow ratio of 13.4x, which is quite low compared to its ten-quarter average of 24.7x.
