MLPs have long offered a way for investors to generate tax-shielded
income from underlying assets in various stages of the oil and gas
industry - whether upstream E&P, midstream, or distribution. OCI Resources LP (OCIR)
is a different sort of animal, though, as it is among a group of
relatively rare MLPs based around mining and refining/processing assets -
trona ore mining and soda ash production, to be specific. With its
cost-advantaged position and long-lived asset base, OCI Resources LP
should be able to generate years and years of distributable cash flow.
The one hitch is that these units are not all that undervalued today,
though a yield of over 8% is still appealing.
Read more here:
OCI Resources LP Not Really Cheap, But An Interesting MLP Nonetheless
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