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Choosing the Best MLPs for 2013 (KMP, EPB, MMP, BBEP, CPNO)

Posted by Max Magee at 12:56PM on December 31st

Master limited partnerships (MLPs) can be attractive income-producing investments at any time, but with yields of 6%, 7%, 8%, or higher, yield-hungry investors with a long-term focus should be considering them seriously.

Investors tend to lump energy MLPs into a single…

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Baupost Looks North For Quarry Profits (BBEP, CSE, ELOS, MGAM, PDLI, ANV, THRX, VSAT)

Posted by Todd Shriber at 11:45AM on July 14th

As part of a broader trend of hedge funds investing in non-traditional assets, Boston-based Baupost Group is investing in a massive quarry in Canada, but finding some controversy along the way. The proposed limestone quarry faces a potentially lengthy approval…

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Morning Spy: Energy Solid, Solar Slumping (CYTX, BTX, RENT, RGC, ORA, NOG, BBEP, COG, PXP, AAPL, SPWRA, LDK, HIHO, XOM, GM)

Posted by Eric Monte at 10:48AM on June 8th

Markets were trading flat on Wednesday morning, a day after Fed Chairman Ben Bernanke said the economy is heading in the right direction, just far slower than its potential. The World Bank came out with some disturbing comments as well.…

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Bearish Baupost Making Selected Buys (ANV, AVEO, PDLI, BBEP, ENZN, CSE, ITRN, VSAT, NWSA)

Posted by Jason Smith at 9:47AM on May 16th

In 2010, legendary Boston-based hedge fund manager Seth Klarman was a bearish voice among the bulls, noting that the government is “kicking problems down the road” with bailout plans and extended periods of low interest rates.

More recently, Baupost, which manages…

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MLPs Move Higher Despite Shaky Earnings Reports (BBEP, ENP, EVEP, NGLS, EPD, KMP, GMLP)

Posted by Jason Smith at 12:25PM on May 10th

Shares of BreitBurn Energy Partners (BBEP) are up 1% despite the MLP reporting a first-quarter loss that widened from the fourth quarter. Breitburn said it lost $94.7 million, or $1.67 a unit, in the first quarter compared with a loss of…

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MLP M&A News Gives Sector A Lift (DEP, EPD, BBEP, LGCY, PVR)

Posted by Todd Shriber at 11:32AM on February 23rd

As the broader market trades lower for a second consecutive day due to waning risk appetite caused by an escalating situation in Libya, master limited partnerships are catching a bid on some mergers and acquisitions news with the MLPs Index…

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After Bearish 2010, Baupost Looks for Winners With Eclectic Picks (AVEO, PDLI, ALR, BBEP, ENZN, CSE, AOI, VSAT, NWSA)

Posted by Jason Smith at 8:57AM on February 14th

In 2010, legendary Boston-based hedge fund manager Seth Klarman was a bearish voice among the bulls riding the rebound higher. Last year, Klarman noted that the government is “kicking problems down the road” with bailout plans and extended periods of…

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After Markets Surge, Investors Take A Breather With MLPs (MMP, EPD, KMP, APU, BBEP, CPLP)

Posted by Todd Shriber at 1:15PM on February 2nd

After the S&P 500 and Dow Jones Industrial Average broke above critical resistance areas on Tuesday, stocks are taking a small breather today as investors appear to be taking a look at more conservative fare, helping the MLPs Index to…

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Bearish Klarman Made Select Q3 Buys at Baupost (ALR, REGN, LSTZA, VSAT, ENZN, BBEP, UFS, SLRC)

Posted by Owen Vater at 2:44PM on November 17th

Boston-based hedge fund manager Seth Klarman has steered his Baupost Group to average annual gains of 19% since 1982 — one of the most impressive track records among active investors. Given the firm’s impressive performance, investors are always interested in…

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A Bearish Signal from Baupost Ahead Disclosure Filings (ENZN, VSAT, ADC, NWS, BBEP, VOXX)

Posted by Jason Smith at 12:33PM on November 11th

Baupost Group manager Seth Klarman has one of the most impressive long-term track records among active investors, and according to coverage by The Wall Street Journal, he plans to return 5% of the firm’s capital to investors at the end…

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