Wednesday, July 3, 2013

Investopedia: Rates Are A Risk, But PVR Partners Still An Interesting Distribution Play

I've been a fan of PVR Partners, LP (NYSE: PVR) (formerly known as Penn Virginia) for quite a while and through the company's migration from an Appalachian coal royalty trust to a more diversified business that now generates about two-thirds of its earnings from midstream natural gas operations. While the company took on a lot of debt to acquire Chief and that business has not ramped up quite as quickly as once hoped, and the company is facing generally slower growth in natural gas than expected, I believe the long-term appeal of this partnership is solid.

Click below for more:
http://www.investopedia.com/stock-analysis/070313/rates-are-risk-pvr-partners-still-interesting-distribution-play-pvr-chk-aci-mwe.aspx

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