Natural Gas Glut Takes The Shine Off Of Some MLPs

Law360, New York (August 29, 2013, 8:10 PM EDT) -- A recent spate of oil and gas company bids to acquire their own master limited partnerships signals that depressed U.S. natural gas prices are forcing energy companies that control gas-heavy MLPs to reassess the value of the popular, tax-friendly corporate structure when those shareholder distributions could instead be plowed into far more profitable assets.

Oil and gas companies form MLPs and serve as their general partners in order to house lucrative assets such as pipeline and gas storage systems, because the structure can throw off cash...
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