U.S. Markets closed

A Wall Street Transcript Interview with Ethan Bellamy, Robert W. Baird & Co.'s Senior Analyst Covering Master Limited Partnerships and U.S. Royalty Trusts: Is M&A the Next Wave for Energy MLPs?

67 WALL STREET, New York - March 28, 2014 - 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 - Outlook for Natural Gas Liquids - Oil and Gas Investing - Shale Production Growth

Companies include: Plains All American Pipeline L (PAA), Linn Energy, LLC (LINE) and many others.

In the following excerpt from the Oil & Gas: Master Limited Partnerships Report, an experienced MLP research analyst discusses the outlook for the sector for investors:

TWST: Are there any others you'd point out?

Mr. Bellamy: A totally different sector of the market and somewhat of a controversial name, but we still like Linn, both LINE (LINE) and LNCO (LNCO). Linn is uniquely poised to be a consolidator of smaller publicly traded and even some medium-size publicly traded companies, and we think that most of the issues that they had in 2013 are now behind them. It's really up to them to execute on the significant prospects that they have in terms of their new asset, Berry Petroleum; the merger with Berry just closed recently. And we think they can sell their Permian Basin assets for $2 billion to $3 billion. That's a transaction we think is going to occur most likely in lumps, but that will be a significant infusion of capital, and it's really just found money.

TWST: You said you downgraded a number of names. Are there any 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.