He bought out the last partner in 1989, and in 1998 took the company public as a master limited partnership.
FORBES: Pipeline Tycoon Dan Duncan Worth $9.8 Billion At Death
To raise relatively cheap capital and avoid tax at the corporate level, the company reorganized as a master limited partnership.
The wind lobby would also support an expansion of the master limited partnership provision to include wind and solar energies.
FORBES: Wind Energy: Twisting and Turning and Getting Bent out of Shape
Plains is organized as a master limited partnership, able to duck corporate taxes so long as it distributes income to partners.
Master Limited Partnership Magellan Midstream Partners ( MMP) is involved in the transportation and storage of oil in the United States.
FORBES: Protected From Oil Price Fluctuations, This MLP Is A Buy
Kinder and Morgan set their firm up as a master limited partnership, an obscure structure that had one key advantage: no corporate income taxes.
FORBES: Kinder Morgan To Buy El Paso In $21B Wager On Natural Gas
OsComp recently formed a strategic alliance with Global Partners LP, a publicly traded energy logistics and marketing master limited partnership based in Waltham, Mass.
FORBES: OsComp, Global Partners Pursue Virtual Pipelines for Natural Gas
The assets include Marcellus Shale midstream assets, which Chesapeake Midstream said will make it the largest gathering and processing master limited partnership as measured through output volume.
Crosstex is organized as a master limited partnership (MLP), which means it combines the tax benefits of a limited partnership with the liquidity of a common stock.
FORBES: Hedge Fund Billionaire Falcone Likes Crosstex Energy And MLPs
Holly has generated a lot of value since then, spinning off its pipeline assets into a master limited partnership, and acquiring two refineries in Tulsa for a song and combining them.
FORBES: Holly-Frontier Refining Merger: It Sure Took Long Enough
Units of New Source Energy Partners fell, making the owner of developed and undeveloped oil and natural-gas properties in Oklahoma the latest master limited partnership to struggle at the outset of trading.
Genesis is a master limited partnership that operates crude oil pipelines and is an independent gatherer and marketer of crude oil in North America, with operations concentrated in Texas, Louisiana, Arkansas, Mississippi, Alabama, Florida and the Gulf of Mexico.
FORBES: Get A Steady Flow Of Income From This Oil MLP That's Raised Its Dividend 29 Times In A Row
While Williams claimed it was providing an 18% premium over the original bidding price, Energy Transfer returned the punch, highlighting the advantages of its MLP (master limited partnership) structure. (Read Energy Transfer Buys Southern Union: The Beauty Of Nat Gas MLPs).
FORBES: Southern Union Saga: Energy Transfer Disses Williams' Offer
Enterprise Products (nyse: EPD - news - people) is a master limited partnership, a specialized investment vehicle somewhat like a real estate investment trust, which is exempt from corporate income taxes as long as it pays out almost all of its profits to investors.
Master Limited Partnerships, or MLPs come immediately to mind, since they combine the tax structure of a limited partnership with the liquidity of public exchanges.
FORBES: Solar REITs: A Better Way to Invest in Solar [Updated]
应用推荐