Did you Lose Money in Oil Master Limited Partnerships?

Many investors are now going after what seems to be “safe” investments in MLPs (Master Limited Partnerships) that invest in the delivery and distribution of oil and gas production. These include pipelines, crude oil storage, refined product storage, exploration and production of oil or gas, and coal production.

MLPs have many of the same liquid trading characteristics as common stocks. But MLPs are in fact very different from common stocks. MLP’s are “pass through” investments–they pass through the income to the investor. The MLP does not pay taxes at the company level. Instead the MLP passes the income on to the investor and the investor pays the income taxes. This allows the investor to receive a larger distribution. The distribution between the general partners and limited partners is in the contract.

The huge drop in the price of oil recently have made investors aware that MLPs are not as “safe” as they initially thought. Many of these so-called “safe investments” recommended by brokers and financial advisors have collapsed. With oil near $50 per barrel and possibly could still go lower, some investors in the MLPs are down as much as 50-75%.

Investors need to know the risk, so they can understand the return.  Lose Money In Oil MLP’s? Recover Investment Losses, Call Soreide Law Group.

Company Name Symbol
Aegean Marine Petroleum Network Inc. ANW
Amyris Inc AMRS
Antero Resources Corp AR
Apache Corporation APA
Atlas Resource Partners L.P. ARP
Atwood Oceanics Inc. ATW
Baytex Energy Corp (USA) BTE
Bonanza Creek Energy Inc BCEI
BP Prudhoe Bay Royalty Trust BPT
Houston America Energy HUSA
Royale Energy Inc. ROYL
Bristow Group Inc BRS
C&J Energy Services Ltd CJES
California Resources Corp CRC
Canadian Natural Resource Ltd (USA) CNQ
CARBO Ceramics Inc. CRR
Cenovus Energy Inc (USA) CVE
CGG SA (ADR) CGG
Chesapeake Energy Corporation CHK
Clayton Williams Energy Inc. CWEI
Clean Energy Fuels Corp CLNE
Continental Resources Inc. CLR
Cosan Limited(USA) CZZ
Crestwood Equity Partners LP CEQP
CSI Compressco LP CCLP
Denbury Resources Inc. DNR
Eagle Rock Energy Partners L.P. EROC
Eclipse Resources Corp ECR
Ecopetrol SA (ADR) EC
Emerge Energy Services LP EMES
Encana Corporation (USA) ECA
Enerplus Corp (USA) ERF
EnLink Midstream LLC ENLC
ENSCO PLC ESV
EP Energy Corp EPE
Erin Energy Corp ERN
EV Energy Partners L.P. EVEP
EXCO Resources Inc XCO
Exterran Holdings Inc. EXH
Forum Energy Technologies Inc FET
GeoPark Ltd GPRK
Gran Tierra Energy Inc. GTE
Halcon Resources Corp HK
Helix Energy Solutions Group Inc HLX
Helmerich & Payne Inc. HP
Jones Energy Inc JONE
JP Energy Partners LP JPEP
Laredo Petroleum Inc LPI
Legacy Reserves LP LGCY
Linn Energy LLC LINE
LinnCo LLC LNCO
Marathon Oil Corporation MRO
Memorial Production Partners LP MEMP
Midcoast Energy Partners LP MEP
Murphy Oil Corporation MUR
Nabors Industries Ltd. NBR
National-Oilwell Varco Inc. NOV
Newpark Resources Inc NR
Noble Corporation PLC NE
Noble Energy Inc. NBL
Northern Oil & Gas Inc. NOG
NOW Inc DNOW
Oasis Petroleum Inc. OAS
Ocean Rig UDW Inc ORIG
Oil States International Inc. OIS
Origin Energy Ltd (ADR) OGFGY
Pacific Drilling SA PACD
Paramount Resources Ltd (USA) PRMRF
Parker Drilling Company PKD
Patterson-UTI Energy Inc. PTEN
Pengrowth Energy Corp (USA) PGH
Penn West Petroleum Ltd (USA) PWE
Petroleo Brasileiro SA – Petrobras (ADR) PBR
Precision Drilling Corp (USA) PDS
Premier Oil PLC (ADR) PMOIY
QEP Resources Inc QEP
Range Resources Corp. RRC
Rose Rock Midstream LP RRMS
RPC Inc. RES
Sanchez Energy Corp SN
SandRidge Energy Inc. SD
SandRidge Permian Trust PER
Santos Ltd (ADR) SSLTY
Seadrill Ltd SDRL
Seadrill Partners LLC SDLP
SM Energy Co SM
Solazyme Inc SZYM
Southcross Energy Partners LP SXE
Southwestern Energy Company SWN
Stone Energy Corporation SGY
SunCoke Energy Partners LP SXCP
Superior Energy Services Inc. SPN
Targa Resources Partners LP NGLS
Tesco Corporation (USA) TESO
Tidewater Inc. TDW
TransGlobe Energy Corporation (USA) TGA
Transocean LTD RIG
Transocean Partners LLC RIGP
Ultra Petroleum Corp. UPL
Unit Corporation UNT
Vanguard Natural Resources LLC VNR
W&T Offshore Inc. WTI
Weatherford International plc WFT
Whiting Petroleum Corp WLL
WPX Energy Inc WPX

If your broker or financial advisor lost you substantial amounts of money in oil/gas and/or MLP’s please contact Soreide Law Group at 1-888-760-6552 to get a free consultation with a lawyer.

MLP SECTOR SYMBOL
Access Midstream Natural Gas Midstream ACMP
Alliance Bernstein Financial Services AB
Alliance Holdings GP LP Coal AHGP
Alliance Resource Partners Coal ARLP
Alon Partners USA Refiner ALDW
American Midstream Partners Natural Gas Midstream AMID
Amerigas Partners Propane Marketing APU
Antero Midstream Partners Natural Gas Midstream AM
Arc Logistic Partners Crude/Refined Storage ARCX
Ares Management LP Investment ARES
Atlas Energy Group LLC Pipelines and Production ATLS
Atlas Pipeline Partners Natural Gas Midstream APL
Atlas Resource Partners (Monthly) Oil and Gas Production ARP
Blackstone Group Financial Services BX
Black Stone Minerals (new 5/2015) Oil and Gas Properties BSM
Blueknight Energy Partners Oil and Gas Services BKEP
Boardwalk Pipeline Partners Natural Gas Midstream BWP
Breitburn Energy LP (Monthly) Oil and Gas Production BBEP
Brookfield Infrastructure Partners Utility/Energy/Timber BIP
Brookfield Renewable Energy Partners Renewable Energy BEP
Buckeye Partners Refined Product Pipeline BPL
Calumet Specialty Products LP Specialty Oil Products CLMT
Capital Products Partners Tanker Shipping CPLP
Carlyle Group LP Diversified CG
Cedar Fair Partners Amusement Parks FUN
Cheniere Energy Partners Natural Gas Midstream CQP
Cheniere Energy Partners Holdings Natural Gas Midstream CQH
CNX Coal Resources LP (New 6/15) Coal CNXC
Columbia Pipeline Partners Natural Gas Midstream CPPL
CONE Midstream Partners Midstream Oil and Gas CNNX
Crestwood Equity Partners Natural Gas Midstream CEQP
Crestwood Midstream Natural Gas Midstream CMLP
CrossAmerica Partners Motor Fuel Distribution CAPL
CSI Compressco Oil and Gas Services CCLP
CVR Partners LP Nitrogen Fertilizer UAN
CVR Refining LP Refiner CVRR
DCP Midstream Partners Natural Gas Midstream DPM
Delek Logistics Partners Oil Gathering/Pipeline DKL
Dominion Midstream Partners LNG Import/Export Pipel DM
Dorchester Minerals Oil and Gas Production DMLP
Dynagas LNG Partners LP Liquid Natural Gas Ship DLNG
Eagle Rock Energy Partners Natural Gas Prod, Pipel EROC
Emerge Energy LP Frac Sand EMES
Enable Mistream Partners LP Midstream Gas and Oil ENBL
Enbridge Energy Partners Oil/Gas Pipelines EEP
Energy Transfer Equity Partners Natural Gas Midstream ETE
Energy Transfer Partners Natural Gas Midstream ETP
Enlink Midstream LLC (General Par) Natural Gas Midstream ENLC
Enlink Midstream LP Natural Gas Midstream ENLK
Enterprise Products Partners Natural Gas Midstream EPD
EQT Midstream LP Natural Gas Midstream EQM
EV Energy Partners LP Oil and Gas Production EVEP
Enviva Partners (New 5/2015) Biomass Energy EVA
Exterran Partners Contract Services Gas EXLP
Ferrellgas Partners Propane Marketing FGP
Foresight Energy LP Coal Production FELP
GasLog Partners LNG Shipping GLOP
Genesis Energy Partners Oil/Gas Pipelines GEL
Global Partners Oil & Gas Marketing GLP
Green Plains Partners (new 6/15) Ethanol Production GPP
Hi-Crush Partners Frac Sand HCLP
Hoegh LNG Partners (a MLP) LNG Services HMLP
Holly Energy Partners Crude & Refined Pipel HEP
Icahn Enterprises LP Diversified IEP
JP Energy Partners LP Oil and Gas Midstream JPEP
Kinder Morgan Energy Partners Pipelines/Storage KMP
KKR and Co. Financial KKR
KNOT Offshore Shuttle Tankers KNOP
Landmark Infrastructure Partners Cell Tower Real Estate LMRK
Legacy Reserves LP Oil and Gas Production LGCY
Linn Energy LLC (Monthly) Oil and Gas Production LINE
LinnCO LLC (Monthly) Oil and Gas Production LNCO
LRR Energy LP Oil and Gas Production LRE
Magellan Midstream Partners Crude & Refined Pipel MMP
Markwest Energy Partners Natural Gas Midstream MWE
Marlin Midstream LP Natural Gas Midstream FISH
Martin Midstream Partners Natural Gas Midstream MMLP
Memorial Production Partners Oil and Gas Production MEMP
Mid-Con Energy Partners Oil and Gas Production MCEP
Midcoast Energy Partners Natural Gas Midstream MEP
MPLX LP Crude Oil Midstream MPLX
Natural Resource Partners Coal NRP
Navios Maritime Midstream Partners Tanker Shipping NAP
New Source Energy Partners LP Oil and Gas Production NSLP
NGL Energy Partners Oil and Gas Midstream NGL
Niska Gas Storage Partners LLC Natural Gas Midstream NKA
Northern Tier Energy LP Refiner NTI
Nustar Energy Partners Midstream Refined Prod NS
Oaktree Capital Group Investments OAK
OCI Partners Methanol/Ammonia OCIP
OCI Resources Mining OCIR
OilTanking Partners Oil/Gas Storage OILT
Oneok Partners Natural Gas Midstream OKS
PAA Natural Gas Storage Natural Gas Midstream PNG
PBF Logistics Partners Oil/Refined Midstream PBFX
Penn-Tex Midstream Partners (New 6/2015) Natural Gas Midstream PTXP
Petrologistics Propylene Production PDH
Phillips 66 Partners LP Oil/Refined Pipelines PSXP
Pioneer Southwest Energy Oil and Gas Production PSE
Plains All American Pipeline Oil/Gas Pipelines PAA
Pope Resources Timber POPE
PVR Partners Coal/Mid Stream Nat Gas PVR
QEP Midstream Oil and Gas Midstream QEPM
QR Energy (Monthly) Oil and Gas Production QRE
Regency Energy Partners LP Natural Gas Midstream RGP
Rentech Nitrogen LP Fertilizer RNF
Rhino Resources LP Coal RNO
Rice Midstream Partners Natural Gas Midstream RMP
Rose Rock Midstream LP Oil Pipelines and Storage RRMS
Shell Midstream Partners Crude/Refined Pipelines SHLX
Southcross Energy LP Natural Gas Midstream SXE
Spectra Energy Partners Natural Gas Midstream SEP
Sprague Resources Wholesale Fuels SRLP
Star Gas Partners Heating Oil SGU
Stonmor Partners Cemeteries STON
Suburban Propane Partners Fuel Distribution SPH
Summit Midstream Partners Natural Gas Midstream SMLP
SunCoke Energy Partners LP Coke Manufacturing SXCP
Sunoco Logistic Partners Crude & Refined Pipel SXL
Sunoco LP (was Susser) Fuel Distribution SUN
Tallgrass Energy LP Natural Gas Midstream TEP
Tallgrass Energy GP (New 5/2015) Natural Gas Midstream TEGP
Targa Resource Partners LP Natural Gas Midstream NGLS
TC Pipelines Natural Gas Midstream TCP
Teekay LNG Partners Liquid Natural Gas Ship TGP
Teekay Offshore Partners LP Shipping TOO
Terra Nitrogen Fertilizer TNH
Tesoro Logistics LP Oil Terminals TLLP
Transmontaigne Partners Refined Product Storage TLP
Transocean Partners LLC Deepwater Driller RIGP
USA Compression Partners Natural Gas Midstream USAC
Valero Energy Partners LP Midstream Crude Oil VLP
Vanguard Natural Res LLC (Monthly) Oil and Gas Production VNR
Viper Energy (New 4/2015) Oil and Gas Royalty VNOM
VTTI Energy Partners Enery Terminals VTTI
Western Gas Equity Partners Natural Gas Midstream WGP
Western Gas Partners Natural Gas Midstream WES
Western Refining Logistics Gas/Oil Midstream WNRL
Westlake Chemical Partners Ethylene Production WLKP
Westmoreland Resource Partners Coal WMLP
Williams Partners Natural Gas Midstream WPZ
World Point Terminals LP Crude and Refined Storage WPT
2016-10-18T17:01:04+00:00 January 6th, 2015|