The big increase in payout seems to be the standard when the GPs of these MLPs are taken out by another MLP.
EPB has had a huge increase in payout since KMI took out EP, followed by the same here since ETP took out SUN.
Of course, since KMI/ETP own the majority of EPB/SXL units as well as IDRs, the bulk of the extra payout flows right to them.
Are they just milking the cow dry rather than investing in the future?
If not then why didn't EP/SUN give this level of increases?