A Master Limited Partnership (MLP) is a publicly traded partnership that is predominantly involved in energy infrastructure, and as a result, exposed to the growing production of US energy sources.
Must have 90% from qualifying sources of income, mostly energy related.
Generally, an investor may purchase units of MLPs on established US security changes, like publicly traded stock.
The Majority of MLPs are engaged in natural gas businesses rather than oil1
THE HISTORY OF MLPS
Source: National Association of Publicly Traded Partnerships, June 30, 2014
The Majority of MLPs in the Alerian Index are not in the crude oil business
Source : Bloomberg; GSAM. As of 1/16/2014. The economic and market forecasts presented herein are for informational purposes as of the date of this presentation. There can be no assurance that the forecasts will be achieved. Please see additional disclosures at the end of this presentation.
MIDSTREAM COMPANIES ARE OFTEN FORMED AS MLPS
Companies and industries (Midstream) that efficiently connect the producers (Upstream) to the consumers (Downstream) may be poised to profit.
Upstream, Midstream, Downstream