Wednesday, October 18, 2006

MLP's

As the oil market starts to recover and oil prices are heading toward the prices of last summer, we should look to capture some of the run up. MLP's (Master Limited Partnerships) are the REITs of the oil world. There are several different types but for the most part they are the companies that lease oil pipelines. They typically yeild between 5-50% and enjoy the same run up as energy stocks!! Im currently looking into the taxation of these things they are a completely different assest class. Here are couple to get everyone looking at some, KMP, TPP, PAA, ARLP. On another note if anyone wants the Dorsey Wright manual send me an email.

Chris

1 Comments:

Blogger joel said...

I like the idea of getting in something like that. I think oil will be back up over $64 by the end of the year. Also, a lot of the oil companies are still killing profit margins with oil in the mid-fifties, so I think we would have some good buying opportunities

1:20 PM  

Post a Comment

<< Home