NGL Energy Partners LP (NGL)

[pete807]

Glad you add...
I have less than half of your units but am also lucky to hold this mid stream energy giant, thanks to a 2015 catdaddyrt call.... a great cat call.

MLP's are under attack for sure. Look at the two largest pipeline companies, EEP and KMI. They used to both be MLPs and now EEP remains but they are both way down partly because of that market misunderstanding of the toll road energy concept, and MLP methods of reporting their earnings vs their return to their investors. You and I as energy MLP guys understand the importance of that difference and the higher returns to MLP investors, but also the sustainablility...

I will add some NGL on the dips toward $12 or lower if it occurs, as my CB has become $12.89, from a great yielding MLP. They are poised to continue and will again be in favor, imo.
GLTA!
-pete