MLP Watchlist - WPZ

[mikelp]

Dan: Am interested if you liked the recent deal announced between Williams Companies (WMB) and Access Midstream Partners LP (ACMP), including the proposed merger of WPZ and ACMP. Press release stated the merged MLP is expected to increase its 2015 distribution per unit to at least 25% above ACMP’s current guidance of $2.79 per unit for 2015. For 2014, this represents an increase of more than 40%. The combined company is also expected to grow distributions by 10%–12% through 2017 and have strong distribution coverage. I'm currently holding a position in WPZ in my own Dividend Growth Machine, but do not own any WMB.

[dan_s]

It sounds like a good one. I will take a look later this week.

[dan_s]

Here is one man's take on the deal.

http://www.fool.com/investing/general/2 ... erger.aspx