MID-CON ENERGY PARTNERS LP UTS
With many blue-chip companies now trading at extended valuations, where can investors find relief from depressed dividend yields? One answer is in the distributions from growing energy master limited partnerships like Mid-Con Energy Partners (NASDAQ: MCEP).
Mid-Con Energy Partners is a relatively young upstream company formed in July 2011 to own, operate, acquire, exploit and develop producing oil and natural gas properties in North America, with a focus on more »
Mid-Con Energy Partners, LP (NASDAQ: MCEP) is a Delaware limited partnership formed in July 2011 to own, operate, acquire, exploit and develop producing oil and natural gas properties in North America, with a focus on the Mid-Continent region of the United States. The management team has significant industry experience with waterflood projects, or hydraulic fracturing often called "fracking." As a result operations focus primarily on enhancing the development of producing more »
Pioneer Southwest Energy Partners (NYSE: PSE) is an upstream master limited partnership formed by parent company Pioneer Natural Resources (NYSE: PXD) in 2007. The partnership was formed to own and acquire oil and gas assets mainly in the West Texas Spraberry field. As an MLP, the partnership receives tax breaks significant enough that it boasts an effective tax rate of about 1%. These savings allow the partnership to distribute larger more »
High yields can be found in MLPs (Master Limited Partnerships). Usually structured around a particular qualified business (often energy-related), MLPs do not pay a corporate income tax, as they pay pass profits on directly to the shareholders (technically unit-holders) on a quarterly basis. These payments, however, are not technically dividends--they are distributions, and as such have a special tax status. Unlike dividends, a large percentage of these distributions are considered more »