Stephanie Pindyck Costantino Talks Domestic Oil and Gas M&A with The Deal
Structuring an MLP Finance
Jaffe Sees 'A Lot' of IPOs in 2013 'Pipeline'
In this Issue:
- Executive Summary
- 2014 Overview
- Year-Over-Year Analysis
- Health Care
- Technology, Media & Telecommunications
- Energy & Power
- Financial Services
Through our contacts with the various lobbying groups for Master Limited Partnerships (MLPs) in Washington D.C., Thompson & Knight’s Energy and Tax Practice Groups learned this afternoon that, effective as of today, the IRS...more
On Monday, February 2, President Obama formally released his 2016 budget proposal and, as expected, it contained numerous changes to the Internal Revenue Code. ...more
In the past few years, many energy companies with investments in renewable energy projects have considered forming “yieldcos,” with five formations in 2013 and 2014. A yieldco is a growth-focused public company, typically...more
Yesterday, Sol-Wind filed its S-1 with the Securities & Exchange Commission for its listing on the NYSE. Its ticker symbol will be SLWD.
Here is a link to my structure diagrams for Sol-Wind and comparisons of it to a...more
The market’s notable uptick in MLP-to-MLP M&A activity, often preceded by an acquisition of the target MLP’s general partner, follows a trend we recently identified.
At least five MLP M&A transactions have been...more
Amanda Levin, senior writer at The Deal, sat down with Stephanie Pindyck-Costantino, of counsel at Pepper Hamilton LLP, to talk about the robust domestic oil and gas M&A scene.
The Bakken shale play has been of great...more
MLP merger and acquisition activity can take a number of different forms to unlock value for sponsors and unitholders.
In the first half of 2014, master limited partnership (MLP) mergers and...more
Ten practical considerations can help companies around the world tap the significant US capital market with IPOs.
Investors in the United States continue the search for yield. Over the past several years, over 60...more
The development of shale plays continues to be the focus of the energy industry. According to the U.S. Energy Information Administration, almost a quarter of the estimated natural gas resources in the U.S. and approximately...more
The Oklahoma MLP Quarterly highlights changes in taxation, law and capital markets that affect master limited partnerships who have headquarters located in, or significant contacts with, Oklahoma. The publication is...more
The rise of master limited partnerships (MLPs) as an asset class has coincided with investors’ desire for stable and growing cash flow. In 2013, there were 21 initial public offerings (IPOs) of MLPs and more are on the way in...more
The development of shale plays continues to be the focus of the energy industry. Producers have been rapidly developing these formations; however, there is a shortage of infrastructure to gather and process the resultant...more
Last year’s surge in MLP activity likely will continue as investors grow increasingly familiar with the structure and its benefits.
2013 was a year of unprecedented growth in the number of publicly traded MLPs, as well...more
In this letter opinion, the Court of Chancery (1) ruled that the removal of a general partner did not convert the general partner’s interest into a limited partnership interest, and (2) valued the removed general partner’s...more
Today, the chairman of the Senate Finance Committee, Max Baucus (D-MT), released his proposal for energy tax incentives as part of overall tax reform. The proposal is thoughtful and merits serious consideration by the...more
MLPs possess unique governance characteristics as compared to corporations.The number of master limited partnerships (MLPs) has grown significantly over the past five years, increasing from 59 in 2009 to over 100 in 2013. An...more
Understanding what and when decisions need to be made can help companies ensure a smooth MLP IPO process.
The number of master limited partnerships (MLPs) has grown significantly over the past five years, increasing...more
Senator Coons (D-DE), the lead sponsor of the Master Limited Partnership Parity Act (S. 795), has received the scoring estimate for that bill from the Joint Committee on Taxation. According to the senator’s office, it is...more
Offshore MLPs can provide a tax efficient vehicle for investors, but only if structured properly.
A master limited partnership (MLP) is a partnership or limited liability company traded on a stock exchange that...more
Latham & Watkins Partner Catherine Ozdogan talks about structuring an Master Limited Partnership (MLP) financing.
Considerations for MLP Financing include:
- Understanding of what's going on in the marketplace
Colleagues and Friends,
It is with great pleasure that we circulate to you the inaugural edition of T he Oklahoma MLP Quarterly — a publication focused on master limited partnerships, or MLPs, in our great state....more
Master Limited Partnerships are publicly traded partnerships. As of 2010, the market capitalization of MLPs was $220 billion. These publicly traded partnerships invest primarily in energy and associated...more
On July 31, 2013, the Senate Finance Subcommittee Energy, Natural Resources, and Infrastructure held a hearing on the Master Limited Partnership Parity Act (S. 765). The bill would extend the master limited partnership (MLP)...more
Technological innovation is driving renewable energy towards a future where it is cost competitive without subsidies and provides a growing share of America’s energy. But for all the technical progress made by the clean...more
Back to Top