MLPs for High Yield

dan_s · Post by **dan_s** » Mon Nov 10, 2014 3:21 pm

I have posted updated Net Income & Cash Flow Forecast models for BBEP and SXE under the MLP Tab.

BBEP is an upstream MLP that will be merging this quarter with QRE to become the world's 2nd largest upstream MLP (behind LINE). Dividends are set to increase to $2.08 per year (paid monthly) after the merger closes.

SXE is hard to forecast at this point because they made a major acquisition in Q3. Dividends should be maintained at the current level ($0.40/quarter) for now with an increase likely in 2015. They will provide 2015 guidance in December.