Master limited partnerships continue to chug,higher. Another BTFD scenario for names like LNG, EQT, OKE, etc. Many of these names we discuss in Chat. Basically all of them with extensive assets in oil and gas infrastructure, such as pipelines. In this way, you get to play the U.S. energy boom without direct exposure to unpredictable oil prices.
The more crude that gets pumped through the arteries of U.S. energy markets, the more these companies stand to profit.
"This is what some people refer to as the toll road business model in the energy space," explained Bruno del Ama, Global X's CEO, in an interview. By holding the fund's ETF, "you in essence own a pipeline that connects refinery down to distribution. They are collecting a fee every time as long as there is natural gas or oil flowing through those pipelines."
Comments