Stoltmann Law Offices is investigating master limited partnerships (MLPs). A master limited partnership is a type of limited partnership that is publicly traded. There are two types of partners in it: The limited partner is the person or group that provides the capital to the partnership and receives periodic income distributions from the MLP’s cash flow, and the general partner is the party responsible for managing the MLP’s affairs and receives compensation that is linked to the performance of the venture. It is publicly traded on an exchange and combines the tax benefits of a limited partnership with the liquidity of publicly traded securities. Many of them own pipelines, storage tanks and other cash-generating energy infrastructures and give almost all of their income to shareholders in the form of distributions. MLP’s can be very risky for investors, as they can be difficult to understand. Also, in order to grow, they must borrow money or issue new shares, and banks, not investors, earn fees on those transactions. MLP’s typically generate high rates of return, therefore are riskier investments.
Stoltmann Law Offices is investigating the following MLP’s:
Enterprise Products Partners LP (EPD)
Energy Transfer Partners LP (ETP)
Magellan Midstream Partners LP (MMP)
Plains All American Pipeline LP (PAA)
MarkWest Energy Partners LP (MWE)
Williams Partners LP (WPZ)
Buckeye Partners LP (BPL)
Enbridge Energy Partners (EEP)
Sunocologistics Partners (SXL)
ONEOK Partners LP (OKS)
If you lost money in MLP’s and would like to speak to an attorney for a free consultation about your losses, please call our securities law firm in Chicago at 312-332-4200. We may be able to bring a claim to recover your investment losses. Please call as soon as possible, because time is of the essence. We take cases on a contingency fee basis only, so we only make money if you recover.