Clayton Rulli
Long/short equity, value, momentum, options

Genesis Energy: Midstream MLP Will Continue Growing Distributions

MLPs with consistently increasing distributions and reasonable coverage ratios are coveted by investors, especially midstreamers with limited commodity price exposure. In addition, MLPs that own the General Partner incentive distribution rights (GP IDRs) are also considering best of breed in this space. These are somewhat rare, and the most successful in breed is probably Enterprise Product Partners (NYSE:EPD). This impressive company has a market cap of over $59 B, and has raised distribution payouts for 36 consecutive quarters. Conversely though, due to EPD's safety in size, some could argue the rate at which EPD increases distributions has slowed in recent years - despite the consistency. I decided to do some digging for a faster growing alternative to...

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