8% Growth in Dividend Income on Existing 6% Current Cash on Cash Returns: RBC Capital Markets Oil and Gas MLP Top Picks for 2013

Wall Street Transcript

67 WALL STREET, New York - March 25, 2013 - The Wall Street Transcript has just published its Oil & Gas: Master Limited Partnerships Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Increasing Demand for Midstream Assets - U.S. Energy Infrastructure Build Out - Emerging Shale Plays - Oil and Gas Transportation Infrastructure Demand - Master Limited Partnerships Distribution Growth - Outlook for Natural Gas Liquids - Low Treasury Yields and MLP Dividends

Companies include: Plains All American Pipeline L (PAA), Magellan Midstream Partners LP (MMP), Western Gas Partners Lp (WES), DCP Midstream Partners LP (DPM), Anadarko Petroleum Corp. (APC), Kinder Morgan Energy Partners (KMP), Copano Energy LLC (CPNO) and many others.

In the following excerpt from the Oil & Gas: Master Limited Partnerships Report interview with Elvira Scotto, a Director at RBC Capital Markets:

...The last one I'll talk about is DCP Midstream Partners (DPM). DCP Midstream Partners is also a gathering-and-processing MLP, and we view it as a transformational story. Its general partner, DCP Midstream LLC, is the largest producer of natural gas liquids in the U.S. and has a well-positioned asset base with significant growth opportunities over the next few years. We expect the general partner to increasingly use its MLP - DCP Midstream Partners - as a funding vehicle, and we now expect DCP Midstream Partners to become more of a drop-down story, which provides visibility into future growth. And importantly, about 90% of DCP Midstream's anticipated 2013 margins are either fee-based or hedged, which mitigates commodity-price exposure. For DCP Midstream Partners, we expect about 7% to 8% annual distribution growth over the next couple of years.

TWST: On the other side of the coin, are there any names you are particularly cautious about right now?

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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