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DNR as a MLP?
Posted: Tue Aug 06, 2013 5:15 pm
by bearcatbob
Dan, What are your thoughts re the possibilities or advantages of DNR converting to a MLP?
Re: DNR as a MLP?
Posted: Tue Aug 06, 2013 5:43 pm
by cviller
EPM has said it is exploring the same possibility.
Re: DNR as a MLP?
Posted: Wed Aug 07, 2013 1:06 pm
by dan_s
Both companies spoke at the Value Forum event in Scottsdale. Both said they will be generating a lot of free cash flow very soon. EPM by the end of this year.
MLP's trade at a higher multiple, making conversion very attractive to shareholders and insiders.
EPM could go this route in 2014. I think it will be a few more years for DNR.