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MLPs poised for bounce, but could be short-lived

Reuters  |  NEW YORK 

By Chuck MikolajczakNEW YORK (Reuters) - Master limited partnerships (MLPs) have been beaten down in 2017, but conditions may be turning in their favour for a short-term bounce by year-end.An MLP is a limited partnership that is publicly traded and, as such, enjoys the benefits of paying no tax at the company level as well as the liquidity that comes with being traded on a major stock exchange.They generally deal in the production, processing, storage and transport of commodities such as oil and natural gas, which makes them sensitive to fluctuations in the price of the underlying commodity. ...

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First Published: Sat, November 11 2017. 07:02 IST