Notable Quotes
"CHK is active in the Marcellus sweet spot in northwestern West Virginia." (5/16/13) Chesapeake Energy Corp. - The Energy Report Interview with Josh Young More >
"FCU is on to the most exciting uranium discovery to come around in quite a while." (5/14/13) Fission Uranium Corp. - The Metals Report Interview with Brent Cook More >
"Majors like RDS are moving toward gas." (5/9/13) Royal Dutch Shell Plc - The Energy Report Interview with Keith Schaefer More >
"ACFN delivered its new fiber optic geophone to an unnamed supermajor for testing, which should begin in May." (5/2/13) Acorn Energy Inc. - The Energy Report Interview with James McIlree More >
"ARW's new reserve estimate on West Hazel is a really good number." (4/30/13) Aroway Energy Inc. - The Energy Report Interview with Bob Moriarty More >
MLPs News Articles
How to Play by the Rules and Beat the Tax Man with MLPs
"MLPs allow owners to move tax liability directly to their personal returns, bypassing the need to pay corporate taxes." - 04/18/2013
Oil and Gas Tax Pools: A Little-Known Investor Strategy
"Discover which companies have big tax pools that will keep the taxman away." - 03/21/2013
US Energy Independence: The Next Big Thing for 2013?
Energy investment is about more than just the commodities; it's about growth. That's why, for example, the emerging economies theme has been an important one for investors who know that every business and modern home in Brazil, Russia, China or on the African continent will need to keep the lights on somehow. But the next big thing for 2013 may be in our own backyards: the drive toward U.S. energy independence. How feasible is this goal, and how can investors profit from it? With this question in mind, The Energy Report looked back at some of the most memorable interviews of 2012 for expert advice on how to get positioned. - 12/27/2012
Election Roundup: Who Are the Winners and Losers in Energy Markets?
Energy policy was a pivotal issue in this year's presidential election, with Obama favoring clean energy, Romney championing coal and both candidates emphasizing the need for U.S. energy independence. President Barack Obama took the opportunity to reaffirm his stance in his victory speech, calling for bipartisan collaboration to face challenges, including "freeing ourselves of foreign oil." But he made no further mention of his energy policy agenda. What's next for energy investors? - 11/08/2012
VPs Debate, Gas Inflates, MLPs Deflate. . .Distributions to Disinflate?
"In the absence of news, commodity prices drove the bus, which helped MLPs outperform the S&P 500 for the week." - 10/14/2012
US Power Demand Will Cause 'Daily Volatility' in Natural Gas Flows: TransCanada
"The upcoming challenge has pushed pipeline companies to join forces with regional transportation organizations, power generators and ISOs to develop a cohesive framework for operators and services." - 10/10/2012
Solid Q3 for MLPs
"This post is going to be light on commentary and heavy on colorful charts as we attempt to take stock of recent performance, seasonality and winners and losers." - 10/04/2012
Pipeline Infrastructure Needed for the Bakken
"Roughly a third of natural gas produced in the Bakken in July was flared due to a lack of infrastructure for transporting the resource." - 10/02/2012
Infographic: The What, Where and How of Shale Extraction
"Shale gas is trapped thousands of feet underground. How do we extract it and what does the process look like?" - 09/10/2012
Why $40/bbl Predictions Are Dangerous
"These doom and gloom predictions are highly oversimplified and potentially dangerous to you as an investor." - 08/27/2012
MLP Markets Had 'Too Much Input'
"This week in the MLP space, we had too much input, with a constant stream of earnings releases and conference calls, schizophrenic commodity prices and a volatile overall stock market." - 08/06/2012
MLPs Are Muddling Through the Earnings Season
"Stick with the news, because more earnings reports are coming this week. Good luck out there." - 07/30/2012
The Federal Reserve, Gold, Oil, & the Dollar's Demise
"Over the longer term, a weak dollar is positive for precious metals and other hard assets." - 07/29/2012
MLPs Are an Energy Safe Haven
"For investors wanting to add some defense to their portfolio while also generating solid income, MLPs can be a great addition." - 07/27/2012
A New Trend Stirring In Natural Gas. . .
"Natural gas prices are up over 50% in the past few months; it shows a new trend emerging in natural gas usage." - 07/25/2012
The Trajectory Shows Oil Prices Will Rise
"We are now witnessing a return to a 'normal' oil market. But that doesn't mean a lack of volatility or a narrow range of trading." - 07/21/2012
A Price Shock for Canadian Natural Gas?
"Will Canadian natural gas producers fill up Canadian storage for the first time ever this year? And does that mean Canadian gas prices completely collapse to zero?" - 07/05/2012
MLPs Finish Lousy Quarter Strong
"For all that talk of equity overhang a few weeks ago, MLPs have found a way to raise the equity necessary to continue to grow." - 07/02/2012
US Could Be Independent of Middle East Oil by 2035
"The supplies closer to home include Canadian oil sands in Alberta, offshore reserves in Brazil, the Bakken fields of North Dakota and the deeper waters of the Gulf of Mexico." - 06/29/2012
Shale Oil Stocks Are Poised to Earn Investors Big Profits
"Even though oil prices are in a short-term swoon, the glut of shale oil is about to make savvy investors a huge fortune. The best shale oil stocks fall into the category of Master Limited Partnerships." - 06/29/2012
Yield Hunger Trumps Oil Price Drop, MLPs Uptick
"MLPs outperformed most things, on average, this week, even with lower oil prices." - 06/24/2012
Worst. May. Ever.
"Not many MLPs were immune to this value destruction, so these stats might help you realize that if your portfolio was only down 5% including distributions, you have chosen wisely." - 06/04/2012
Oil Price Forecast: Expect Oil Prices to End the Year Higher
"Forecasts for oil prices in the second half of 2012 and on into 2013 are varied, but there's one point on which virtually all agree: Oil prices won't be going down." - 05/30/2012
MLP Thoughts: Last Week, Dubbed
"This week's MLP price action felt like a crappy copy of last week. Similar, but worse." - 05/18/2012
Oil-Rich Canada Looks to China for Growth
"Chinese investors have beat out U.S. investors in Canada's oil patch every year since 2009, pumping $12.8B into companies and projects since then. British Columbia and the federal government have embarked on a massive push, spending billions of dollars, to retool the country's infrastructure to facilitate more trade with Asia" - 05/15/2012
MLP Week Thoughts: Graped
"There were lots of market headwinds this week, with oil, gold and stocks all down. The MLP ETF, AMLP, had its ex-date Monday, which added to the pressure." - 05/12/2012
MLPs Float on Falling Tides
"The sky is not falling and MLPs held steady this week, with the MLP Index down just 0.6%." - 05/07/2012
Apple Is a Want—Global Resources Are Needs
"We need companies to grow our food; we need oil, natural gas and coal to fuel our cities. We need to drive to work and school each day, and we need to keep our house warm in the winter and cool in the summer. And so do the other 7B people on the planet." - 05/04/2012
Good Policy, Good Profits in Natural Gas
"This executive order will improved communication between government agencies, something that has been sorely lacking in energy policy for the better part of 40 years. It will also reduce overlapping regulations." - 05/02/2012
MLP Index: Worst April Since 2006 Is Still Pretty Good
"Expect distribution ex-dates and more equity offerings to hold MLPs down further, until a catalyst like commodity prices or positive economic data changes the current environment." - 05/01/2012
Incentive Distribution Rights Data
"IDRs are not dead. In fact, of the last 10 MLP IPOs, nine had IDRs, including 100% of the last 10 midstream IPOs." - 05/01/2012
The Top LNG Export Projects in Canada
"Shipping LNG to Asia is not just a great opportunity for Canadian producers, it's a necessity. U.S. gas production is expected to stay strong—and prices low—for years." - 04/28/2012
There's Always Money in Midstreams
"As long as you plant yourself in the middle of the supply chain, you're going to make some money." - 04/26/2012
Natural Gas: Why It's Time to Stop Shorting the Commodity
"As natural gas has continued its massive decline, a number of investors (myself included) have hopped into short positions, allowing most to receive handsome profits in recent weeks." - 04/25/2012
Earnings Incoming, Strap In
"MLP performance was varied this week, but the large caps did very well, so the MLP index was up 1.8%, slowly gaining on the S&P 500." - 04/22/2012
What the 'Real' Oil:Gas Ratio Says About Natural Gas Stocks
"Intermediate natural gas weighted stocks in Canada are valued higher—sometimes a lot higher—than oil stocks, despite oil being worth 35 times more than gas." - 04/17/2012
Got Liquids?
"A sharp decline in the 10-year interest rate helped MLPs outperform this past week." - 04/14/2012
Why You Should Invest In Natural Gas
"Companies and funds that focus on natural gas producers and extractors stand to gain a fair amount of ground in coming years as pipelines and productions skyrocket." - 04/09/2012
E&P MLP Acquisition Boom Continues
"I expect MLP M&A activity to continue to be high, as well-capitalized explorers and producers will have the ability to pick up properties." - 04/05/2012
Nat Gas Inventory in Record Territory
"Gas stocks, currently some 59% above the benchmark five-year average levels, are at their highest point for this time of the year, reflecting low demand amid robust onshore output." - 03/30/2012
Poll: Americans Support Hydraulic Fracturing by More than 2-1 Margin
"Nationwide, Americans strongly support more energy development and believe consumers will ultimately benefit." - 03/25/2012
Oil Bull Market Is No Place For MLP ETF Investors
"When oil prices are surging, MLPs do not benefit as much as some of their peers. This is because the oil tends to flow through the pipelines no matter the price of the commodity." - 03/19/2012
Rising Fuel Costs and the Next Revolution
"Were it not for the current ultra-low natural gas price, rising gasoline and crude oil prices would be crushing the economy." - 03/14/2012
Master Limited Partnerships: Yorkville's High Income MLP ETF Debuts
"The new ETF will seek to replicate an index that consists of Master Limited Partnerships (MLPs) generally engaged in the storage and transport of natural gas and petroleum-based fuels." - 03/13/2012
MLPs Natural Gassed Again
"MLPs stagnated Thursday, as natural gas supply reports came in higher than expected." - 03/10/2012
Bankers Win, Investors Lose
"The equity issued, combined with mixed earnings results and falling commodity prices, led to MLP underperformance this week, but MLPs did fine compared with energy stocks." - 03/04/2012
Too Quiet. . .Expect Equity
"The MLP Index benefited from solid earnings announcements, rising oil prices and a lack of equity issuance. As a result of a sort of no-catalyst week for MLPs, the index largely tracked the S&P 500." - 02/26/2012
MLPs Post Biggest Weekly Gain of 2012
"On the back of rising commodity prices, a reprieve from equity offerings and benign broader stock markets, MLPs had a very good week, up 2.7% compared with the S&P 500, which was up 1.4%." - 02/18/2012
Study: 'No Evidence of Groundwater Contamination' from Fracking
"A new study from the Energy Institute at the University of Texas at Austin has found 'no evidence' of hydraulic fracturing leading to groundwater contamination, as well as a marked trend of negative, ill-researched media coverage on the topic." - 02/17/2012
Pandas and Pipelines: China Yields Big Deals and Bigger Promises
"Canada's Prime Minister Stephen Harper returns from China with two giant pandas in tow and $3B worth of signed agreements. The Northern Gateway pipeline will most likely tie China to Alberta's oil sands." - 02/15/2012
Why Energy Investing Is Worth the Effort
"Even if you only have a small amount of money to invest, you can fight inflation's assault on your wallet by investing in the most profitable sector of all time." - 02/15/2012
Winners and Losers: All Quiet on MLP Front
"MLPs had a slightly positive week, compared with a slightly negative week for stocks and gold and a mixed week for oil and natural gas." - 02/10/2012
Stop Imagining Possibilities; Start Seizing MLP Profits
"The midstream sector of the energy supply chain is the best and easiest way to make money in energy today." - 02/08/2012
MLP Ex-Dividend Dates Ex-amined
"It's hard to tell how efficiently the market accounts for distribution ex-dates because a lot of market noise can happen between close on the prior day to the opening print on the ex-date." - 02/08/2012
MLPs Overshadowed by Jobs, Stocks and Football
"This week's underperformance was to be expected, as many MLPs passed through their ex-dates. Data still points in the right direction." - 02/05/2012
MLPs Finish January Positive, But Stocks Winning
"This year marks the 5th January out of 17 that MLP Index has under-performed the S&P 500 for January. This is more a virtue of the MLP Index usually outperforming." - 01/31/2012
The President's Big Shout Out to Shale
"A two-billion-year-long-no-mention streak finally came to an end, with President Obama devoting a significant segment of his nationally (and internationally) televised address to touting the promise and potential of developing America's enormous natural gas resources." - 01/25/2012
Week Thoughts: How Low Can Nat Gas Go?
"The more interesting question is: How long before it recovers? I'm betting it will be years at this point, and I'm not alone." - 01/21/2012
Congress Has Bigger Fish to Fry than MLPs
"This year's report indicates that MLPs are expected to cost the government substantially less in lost tax revenue than was estimated a year ago." - 01/18/2012
Your MLP Tax Questions Unanswered
"How do you calculate your current tax basis in an MLP from the info provided on a K-1 form?" - 01/11/2012
Could Oil Prices Intensify a Pending S&P500 Selloff?
"Sentiment numbers were released that confirmed that market participants were becoming more and more bullish as prices in the S&P 500 edged higher." - 01/09/2012
Quick Start Before Flashy Friday
"MLPs got off to a solid start to 2012, with the Alerian MLP Index finishing the first week up 1.1% and making new all-time highs the first three trading days." - 01/08/2012
Top 10 Commentaries of 2011
"This week I thought we'd take a moment to reflect on the eventful year it's been for natural resources." - 12/28/2011
The Aristocrats! MLP Edition
"What would a list of MLP distribution aristocrats look like, and how would it have performed?" - 12/27/2011
MLP Performance Review: Is It Safe?
"The MLP index is on track to post a 2011 price change of around 5% and a total return of more than 10%. It will mark another year of MLPs outperforming the S&P 500." - 12/23/2011
America's Energy Pipeline Dreams
"From the heated nature of the Keystone XL debate, one could be forgiven for thinking that long, high-volume pipelines are something new to America. In truth, there are now over one million kilometers of oil and gas pipelines crisscrossing the United States." - 12/16/2011
The Changing Nature of Global Gas Projects
"The age of 'spot' market prices in the gas sector is rapidly approaching, and it's about to change the way the markets operate for everyone involved. Thus, it's increasingly necessary to estimate worldwide gas prospects in order to determine effective price levels." - 12/14/2011
Deck the Halls with MLP Equity
"Another week, another billion dollars of MLP equity issued. MLPs had a decent week, continuing the recent trend of barely flinching in response to mountains of new paper." - 12/10/2011
If You Invest in Crude Oil, You Need to Know This
"A massive spike in crude oil prices may be on the way; the news from the Mideast is not good. It is no longer a question of when we put our crosshairs on the back of Iran's head. We are already at war." - 12/08/2011
MLPs: A Simple Way to Put More Cash in Your Pocket
"These days, high-yielding investments are a must-have for investors. This market is simply too volatile to be taking long shots." - 12/01/2011
A Crude Awakening
"The combination of the most rapid global monetary expansion in peace-time history and soaring oil prices is an inflationary disaster in the making." - 11/30/2011
When Flat Feels Great
"MLPs shook off the largest equity issuance week of all time last week and managed to finish 0.8% higher." - 11/22/2011
Five Prevalent Misconceptions About MLPs
"There are retail and institutional MLP investors that don't know much about them, some of them may even know things about MLPs that are not true." - 11/17/2011
Why the Oil VIX is Broken (and How to Profit Anyway)
"The oil market we're now facing is fundamentally different from the one we encountered a year ago. It requires a fundamentally different approach." - 11/14/2011
The Elusive MLP Free Lunch
"Researching individual stocks is not a core competency of many advisors, and cheap, liquid ETFs make hiring a manager unattractive." - 11/03/2011
LPs Streaking Higher on M&A Deals
"For the week, the MLP Index was up 2.4%, and is on a streak of 10 straight positive days. MLPs have now bounced 10.4% off the October 4th close." - 10/25/2011
General Partners: The Parasite Trade
"Accept your role as a limited partner in exchange for favorable tax treatment, high distributions and limited liability." - 10/20/2011
Debt and MLPs
"Generally, MLP balance sheets have more debt than a typical stock, and that's ok." - 10/13/2011
Capital Markets Still Open, MLPs Load Up
"MLPs have been more conservative since 2008 in terms of distribution coverage and leverage, for the most part, and they are better positioned now to weather a second Black Swan market event in three years, if it were to happen." - 10/11/2011
Amine Bouchentouf: Offshore Oil Key to Future Supplies
Despite the risks and unfavorable public opinion associated with offshore drilling, the truth remains that the keys to unlock the planet's vast remaining oil resources lie beneath ocean floors, in places like the Gulf of Mexico, Brazil and even the Arctic. In this exclusive interview with The Energy Report, noted commodities expert Amine Bouchentouf tells us why he likes the prospects for oil explorers and producers and how the potash business is fueling food production for a growing world. - 10/06/2011
Moral Victory: MLPs Outerperform in Q311
"MLPs are doing significantly better than the equity indexes, but as the saying goes, you can't eat relative performance." - 10/04/2011
No Taxation Good, Liquidity Crisis Bad
"For the most part, MLPs have done a good job of shoring up balance sheets and coverage ratios over the last 2-3 years since the last liquidity crisis and are well positioned to outperform." - 09/29/2011
Fun with Correlation and MLPs
"The MLP sector is generally more inefficient than the broader market and provides more opportunities for the active manager." - 09/27/2011
Richest MLP People in America
"The new rich list is out, the one that lists the 400 richest Americans." - 09/22/2011
MLP Makers: Where Do MLPs Come From?
"In MLP land, it's a mix. Some grow in the traditional slow-and-steady way, while others are created with the help of growth capital or private equity firms." - 09/12/2011
MLP IPO Update: On Pace for Record 2011
"Over the last month, while the IPO market was closed due to market correction and volatility, several hopeful MLPs continued to work through the SEC registration process." - 09/07/2011
MLPs Rise Until Jobs Don't
"MLPs finished August on a very strong note, closing 12% higher than the August 8th low." - 09/05/2011
MLP Week Thoughts: Crazy Nature, Boring Bernanke and Markets
"MLPs should benefit generally from the Fed's decision to hold interest rates low at least until 2013." - 08/30/2011
MLP Thoughts: Vegas Baby
"If rates remain below 2.5% for a sustained period, cash should eventually seek out high-yield alternatives like MLPs. Meanwhile, most of Wall Street is on vacation." - 08/23/2011
Master Limited Partnerships Set to Rebound
"With the price of most Master Limited Partnerships falling with the Dow, this makes MLPs a great buying opportunity and a chance to pick up a 12.5%–17% effective yield." - 08/17/2011
MLPs: The Place to Be in a Vicious Market
"A portfolio of master limited partnerships that yields roughly 6% is there for the asking." - 08/11/2011
MLPs Provide Income During Volatility
"MLPs combine the tax structure of limited partnerships with the liquidity of publicly traded securities, and are not sensitive to price fluctuations except where they affect demand." - 08/10/2011
Wind Power Wants U.S. Oil Tax Break
"Wind power companies want to follow in tapping a Reagan-era tax break for oil and gas companies." - 07/20/2011
The New Canadian Energy Income Trusts
"Canada's energy income trusts transformed business in junior markets." - 06/07/2011
More Experts
"I think everyone is expecting BSP's share value to grow." (4/25/13) Big Sky Petroleum Corp. - The Energy Report Interview with Jim Letourneau More >
"Things seem to be going well on the development front for MMT." (3/28/13) Mart Resources Inc. - The Energy Report Interview with Amin Haque More >
"The sum of the value of NZ's individual assets should be higher than its current valuation." (3/28/13) New Zealand Energy Corp. - The Energy Report Interview with Amin Haque More >
"Our favorite takeout target is URZ." (3/26/13) Uranerz Energy Corp. - The Energy Report Interview with Jeb Handwerger More >
"FIS has the right management team that made not one, but two major discoveries." (3/21/13) Fission Energy Corp. - The Energy Report Interview with Marin Katusa More >
The Energy Report