NEW YORK: After falling from grace amid crude’s collapse, master-limited partnerships (MLPs), a darling of recent commodities booms, are winning over investors again thanks to their high payouts and long-term contracts.
Investors are stashing money in the pipeline partnerships, which keep America’s shale oil and natural gas flowing to markets. They’re lured by earnings that have performed better than many had feared as well as the promise of higher yields at a time when global interest rates are floundering.
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