That is a bold statement that I hope the list can live up to. I have yet to find a better list on the web that includes most publicly traded MLPs. Many lists include yield but most stop there. I don’t think there is anything out there that has all of this data for each MLP one page, or even one site.
The MLP list that I’ve put together has a few standard choices like yield, dividend growth, and 12 month performance. I then went a big step further and tracked down the distributed cash flow and coverage ratio. The DCF data had to be gathered manually by reviewing press releases from each MLP (where applicable). The coverage ratio is then calculated using distributed cash flow and total distributions. Most of this data will be updated quarterly because it is only published by each company when they release quarterly results.
Taking it one step further I put together a simple ranking system based purely on the numbers. As always these rankings are based on historical data and have no indication of future performance. Also these rankings and lists are just a good place to start when researching investment ideas. The story behind the MLP is always more important than historical numbers. The ranking is based off of yield, performance, dividend growth and coverage ratio.
If you have ideas on how to improve the list I’d love to hear your feedback. For now I hope it is a solid start to publishing these key data points for (almost) all MLPs on one page. Ultimately it comes down to the amount of time involved in tracking down the data for each company. Somewhere along the line I have to limit how much time I put into updating this list.
Here is a short output. The full list is on the MLP page.
MLP Name | Symbol | Industry | Yield | 3yr Div Growth % | 1 Year Return % | DCF | Coverage | HPR MLP Rating |
---|---|---|---|---|---|---|---|---|
Alliance Resource | ARLP | Coal | 5.56 | 13.2 | 35.55 | 121.4 | 2.76 | 98 |
Targa Resources | NGLS | Oil & Gas Midstr | 5.58 | 10.5 | 36.69 | 110.8 | 1.05 | 96 |
Global | GLP | Oil & Gas Midstr | 6.25 | 5.3 | 24.68 | 23.2 | 1.4 | 95 |
Access Midstream | ACMP | Oil & Gas Ref | 3.47 | 245.5 | 55.54 | 171.5 | 1.54 | 95 |
DCP Midstream | DPM | Oil & Gas Midstr | 5.65 | 5 | 17.19 | 72 | 1.13 | 94 |
Crosstex Energy | XTEX | Oil & Gas Midstr | 4.97 | 142.7 | 71.64 | 32.8 | 1.01 | 94 |
Spectra Energy | SEP | Oil & Gas Midstr | 4.7 | 5.9 | 29.98 | 296 | 1.9 | 93 |
Magellan Midstream | MMP | Oil & Gas Midstr | 3.19 | 13.3 | 32.18 | 236.6 | 1.79 | 93 |
Exterran | EXLP | Oil & Gas Equipt | 7.12 | 3.6 | 31.91 | 1000 | 1.6 | 93 |
Enterprise Products | EPD | Oil & Gas Midstr | 4.19 | 5.4 | 20.78 | 1021 | 1.56 | 93 |
Zack, here’s a pretty good site to help with choosing MLP’s to invest in. http://www.mlpdata.com/home