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I am a private investor who has invested in individual stocks for over a decade. I have a BBA from the University of Texas at Austin. I am retired and living off of dividends and distributions from a portfolio of BDCs, consumer staple stocks, MLPs, regional banks and REITs.
  • MLP General Partner Stats 10-25-13 2 comments
    Oct 26, 2013 12:42 PM

    Distributions and dividend stats will be updated at the beginning of November. I also expect to add the WES and CMLP GPs to the list in January 2014.

    Publicly Traded GP's for MLPs 10-25-13
     

     


      12-31-12 Current Distrib/ Q3 Dist Dist/dcf Dist/dcf Year-to-Date Percent Change
      Price Price Quarter Yield 2013 2014 Price Pr+Dist EPS Target DCF Dist* cagr

    ATLS 34.74 48.91 0.4400 3.60 100.00 64.94 40.79 44.59 0.00 0.00 3.53 76.00 100.00
    AHGP 47.58 58.70 0.7850 5.35 98.13 89.71 23.37 28.32 6.03 6.09 3.23 13.11 12.50
    ETE 45.48 68.57 0.6550 3.82 103.56 87.33 50.77 55.09 -25.32 46.74 -20.94 4.80 21.79
    KMI 35.33 36.49 0.4000 4.38 96.97 87.43 3.28 6.68 -5.97 3.89 3.12 15.63 7.78
    NSH 27.69 26.49 0.5450 8.23 100.46 98.64 -4.33 1.57 -22.15 -21.19 0.93 6.86 -25.00
    OKE 42.75 56.39 0.3800 2.70 60.80 50.67 31.91 34.57 3.39 18.40 -10.71 16.39 -9.09
    TRGP 52.84 79.27 0.5325 2.69 85.20 66.15 50.02 53.04 7.58 35.60 2.04 36.99 5.26
    WMB 32.74 36.24 0.3663 4.04 85.17 67.51 10.69 14.05 -40.16 4.08 1.18 17.92 -14.71
    XTXI 14.34 20.90 0.1200 2.30 87.27 64.00 45.75 48.26 0.00 92.24 0.00 0.00 80.00

    The GP Average   4.12 90.84 75.15 28.03 31.80 -8.51 20.65 -1.96  

    Historical GP Month-End Yields:

    Jan 07: 3.92% Feb: 3.72% Mar: 3.58% April: 3.32% May: 3.16% June: 2.88%
    July 07: 2.89% Aug: 3.42% Sept: 3.52% Oct : 3.84% Nov: 4.06% Dec: 4.06%
    Jan 08: 4.34% Feb: 4.58% Mar: 4.97% April: 4.66% May: 5.00% June: 5.22%
    July 08: 5.91% Aug: 6.04% Sept: 7.67% Oct : 9.67% Nov: 17.21% Dec: 20.95%
    Jan 09: 21.61% Feb: 11.54% Mar: 11.84% April: 11.05% May: 5.80% June: 5.92%
    July 09: 5.32% Aug: 5.61% Sept: 5.49% Oct : 5.24% Nov: 4.94% Dec: 4.55%
    Jan 10: 4.47% Feb: 4.34% Mar: 4.11% April: 4.08% May: 4.43% June: 4.33%
    July 10: 3.75% Aug: 4.40% Sept: 3.91% Oct : 3.76% Nov: 3.66% Dec: 3.59%
    Jan 11: 4.13% Feb: 3.85% Mar: 3.93% April: 3.98% May: 4.15% June: 4.06%
    July 11: 4.13% Aug: 4.55% Sept: 4.85% Oct : 4.39% Nov: 4.59% Dec: 4.22%
    Jan 12: 4.22% Feb: 4.05% Mar: 4.05% April: 4.03% May: 4.45% June: 4.47%
    July 12: 4.24% Aug: 4.22% Sept: 4.16% Oct : 4.25% Nov: 4.56% Dec: 4.47%
    Jan 13: Feb: Mar: April: May: June: 4.12%
    July 13: 3.95% Aug: 4.30% Sept: 4.31% Oct : Nov: Dec:
    MLPs of the GPs DCF and Price/DCF Stats 10-25
     

     


      DCF / Unit [in cents] DCF Growth P/DCF Ratios
    Co. 2010 2011 2012 2013 2014 11-12 12-13 13-14 2012 2013 2014

    APL 167 230 248 294 317 7.83% 18.55% 7.82% 15.60 13.16 12.21
    ARLP 733 837 632 691 710 -24.49% 9.34% 2.75% 11.82 10.81 10.53
    ETP 340 365 370 381 418 1.37% 2.97% 9.71% 14.07 13.67 12.46
    KMP 440 469 523 554 549 11.51% 5.93% -0.90% 15.26 14.41 14.54
    NS 445 460 313 396 445 -31.96% 26.52% 12.37% 12.82 10.13 9.02
    OKS 232 335 330 303 334 -1.49% -8.18% 10.23% 15.84 17.25 15.65
    NLGS 265 340 317 308 344 -6.76% -2.84% 11.69% 16.02 16.49 14.76
    WPZ 374 425 340 333 380 -20.00% -2.06% 14.11% 15.49 15.82 13.86
    XTEX 164 200 165 159 149 -17.50% -3.64% -6.29% 12.07 12.52 13.36

    Average         -9.06 5.18 6.83 14.33 13.81 12.93

    GP DCF and Price/DCF Stats 10-25

     

     


      DCF / Unit [in cents] DCF Growth P/DCF Ratios
    Co. 2010 2011 2012 2013 2014 11-12 12-13 13-14 2012 2013 2014

    ATLS 260 121 106 176 271 -12.40% 66.04% 53.98% 46.14 27.79 18.05
    AHGP 215 237 280 320 350 18.14% 14.29% 9.37% 20.96 18.34 16.77
    ETE 240 230 265 253 300 15.22% -4.53% 18.58% 25.88 27.10 22.86
    KMI 0 0 153 165 183 na 7.84% 10.91% 23.85 22.12 19.94
    NSH 185 197 210 217 221 6.60% 3.33% 1.84% 12.61 12.21 11.99
    OKE 94 161 250 250 300 55.28% 0.00% 20.00% 22.56 22.56 18.80
    TRGP 0 0 170 250 322 na 47.06% 28.80% 46.63 31.71 24.62
    WMB 0 0 144 172 217 na 19.44% 26.16% 25.17 21.07 16.70
    XTXI 40 42 46 55 75 9.52% 19.57% 36.36% 45.43 38.00 27.87

    Average         10.26 19.23 22.89 29.91 24.54 19.73

    Yield + CAGR Total Return Expectations

     

     

    Company Q3-13 Consensus Total Bonds DCF My Total Rtn Consensus Pr Impl
        Yield CAGR Return Ratings Accr RRRs - RRR Ratings CAGR

    Atlas Pipelines ATLS 3.60% 20.00% 23.60% B+ 5.00 14.50 9.10 2.3 10.90
    Alliance AHGP 5.35% 9.00% 14.35% none 3.00 13.00 1.35 3.0 7.65
    Energy Trans ETE 3.82% 9.50% 13.32% BBB- 3.00 11.00 2.32 2.0 7.18
    Kinder KMI 4.38% 9.70% 14.08% BBB 1.00 10.50 3.58 2.2 6.12
    NuStar NSH 8.23% 3.00% 11.23% BB+ 4.00 11.60 -0.37 3.2 3.37
    Oneoke OKE 2.70% 15.00% 17.70% BBB 1.50 10.50 7.20 2.1 7.80
    Targa TRGP 2.69% 20.00% 22.69% BB 2.00 11.70 10.99 2.0 9.01
    Williams WMB 4.04% 14.50% 18.54% BBB 3.00 11.00 7.54 1.9 6.96
    Cross-Tex XTXI 2.30% 18.00% 20.30% B+ 4.00 14.00 6.30 2.7 11.70

    Disclosure: I am long TRGP, WMB.

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Comments (2)
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  • Butterfly Seeker
    , contributor
    Comments (671) | Send Message
     
    Thanks for the update!
    26 Oct 2013, 01:16 PM Reply Like
  • fbincome
    , contributor
    Comments (2) | Send Message
     
    thanks for the valuable information
    30 Oct 2013, 01:36 PM Reply Like
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