Midstream MLPs are High Growth, High Current Income Sweet Spot for Investors: Top Picks from a Money Manager Professional

Wall Street Transcript

67 WALL STREET, New York - April 14, 2014 - The Wall Street Transcript has just published its Investing Strategies 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: Dividend-Paying Stocks - Capital Appreciation - Small Cap Investing - Upside in Small-Cap Stocks - Investing Through Construction Trends - Dividend-Paying Small Caps - MLP Investing - Global Macro Trends

Companies include: Plains All American Pipeline L (PAA), MarkWest Energy Partners LP (MWE), Sunoco Logistics Partners LP (SXL), Targa Resources Partners LP (NGLS), Enterprise Products Partners L (EPD), Magellan Midstream Partners LP (MMP), ConocoPhillips (COP), Enbridge Energy Partners LP (EEP), Crosstex Energy LP (XTEX), Buckeye Partners LP (BPL), Devon Energy Corporation (DVN), El Paso Pipeline Partners, L.P (EPB) and many others.

In the following excerpt from the Investing Strategies Report, an experienced MLP investor and portfolio manager discusses his methodology and top picks for investors:

WST: What would you say is the most valuable investment advice that you've ever received that you'd like to share with others?

Mr. Chisholm: I think the most valuable investment advice that I've received has been from my business partner, Dan Tutcher. Dan and I have worked together since 2002. In the beginning we worked together buying midstream assets directly, as he is the CEO of an MLP. So we've been investing directly into the assets or into the master limited partnerships for some time, and the best advice, and his best investment philosophy, is do not overpay for growth.

We saw that when we were investing into assets directly, our competitors were paying too much for their growth in outer years and it always came back to bite them, and that philosophy still stands with us in investing directly into the MLPs. We don't want to overpay for growth in the outer years, and we think that some of the higher growth names that we see out there today, their growth is being overpriced. So we've been...

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.

Rates

View Comments (0)