Profit from the Tax Reform Act of 1986 With These MLPs

For investors looking to cash in on America’s energy renaissance, there is one special class of investments. Over the last 10 years, a select group of stocks has beaten the S&P 500 index by a factor of 2-to-1. These investments are known as Master Limited Partnerships or MLPs.  Most MLPs are in the business of … Continue reading Profit from the Tax Reform Act of 1986 With These MLPs

BP May Cancel Dividend

At this point, BP has lost around $100 billion in market capitalization.
Yet even the wildest estimates for the cost of the Gulf of Mexico spill
are far below that amount. The Exxon Valdez spill cost around $9
billion in inflation adjusted dollars. Even if this disaster costs
triple the Valdez, it’s still far below the $100 billion that’s already
been priced in to BP stock.