Global Hunter downgrades four natural gas gathering and processing MLPs based on its belief that...

|By:, SA News Editor

Global Hunter downgrades four natural gas gathering and processing MLPs based on its belief that the market for nat gas liquids will favor lower ethane and propane prices going forward. The firm cuts ratings for CPNO, DPM, OKS and XTEX. It favors fee-based, diversified MLPs with low exposure to unhedged NGLs: EEP, TLLP, PAA, WES.