HCLP is projecting cash distributions of $1.90/unit for fiscal year ending 9-30-2013. That is better than 8.2% annual tax deferred yield.
They are presenting at our luncheon tomorrow and we will have their presentation up on the website shortly.
Hi-Crush Proppants, LP (an MLP)
Hi-Crush Proppants, LP (an MLP)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Hi-Crush Proppants, LP (an MLP)
I was VERY IMPRESSED by Hi-Crush today at our luncheon. Their presentation is now available to download from our home page.
They expect to distribute $1.90/unit over the next twelve months. They have potential to build on those distributions.
Distributions will be around 55% taxable income, the rest is sheltered by DD&A.
All income is from Wisconsin, so not a bunch of state tax returns to deal with. (not an issue in an IRA).
Hard to find low risk 8% yield better than this.
They expect to distribute $1.90/unit over the next twelve months. They have potential to build on those distributions.
Distributions will be around 55% taxable income, the rest is sheltered by DD&A.
All income is from Wisconsin, so not a bunch of state tax returns to deal with. (not an issue in an IRA).
Hard to find low risk 8% yield better than this.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group