Growth capex is one of the major trends in the energy MLP space, and ONEOK Partners, L.P. (OKS)
is no exception. Already a top player in gas gathering and processing
and NGL fractionation in the Mid-Continent and Rockies, ONEOK still has
over $2.5 billion of growth projects on the docket as well as up to $4
billion in unannounced projects - much of which will go towards
gathering and processing the growing output of the Williston and Powder
River basins.
ONEOK Partners offers good distribution coverage and
double-digit cash flow growth potential, though actual distribution
growth is likely to be more in the mid-to-high single digits as the
general partner ONEOK Inc (OKE)
takes a sizable cut and the partnership issues additional units to fund
its growth targets. ONEOK Partners still offers some upside in a
somewhat expensive MLP space, but it's no longer notably cheap.
Follow this link to the full article:
Oneok Partners Still Looking At Significant Growth Opportunities
Showing posts with label MarkWest Energy Partners. Show all posts
Showing posts with label MarkWest Energy Partners. Show all posts
Monday, July 7, 2014
Seeking Alpha: Oneok Partners Still Looking At Significant Growth Opportunities
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
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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