• 4 minutes Energy Armageddon
  • 6 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 12 minutes "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 17 hours "False Flag Planted In Nord Stream Pipeline, GFANZ, Gore, Carney, Net Zero, U.S. Banks, Fake Meat, and more" - NEWS in 28 minutes
  • 2 hours ""Green" Energy Is a Scam. It Isn't MEANT to Work." - By James Corbett of The Corbett Report
  • 8 hours Wind droughts
  • 6 days Kazakhstan Is Defying Russia and Has the Support of China. China is Using Russia's Weakness to Expand Its Own Influence.
  • 1 day Xi Is Set To Be Re-Elected As China’s Leader
  • 9 days Oil Prices Fall After Fed Raises Rates
  • 6 hours 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 2 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 33 mins Europeans and Americans are beginning to see the results of depending on renewables.
  • 7 hours Australian power prices go insane
  • 11 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Time to Rebalance your MLP Portfolio

Interest rate volatility has made the dividend-paying stocks a minefield in the last several weeks and likely to continue to make them difficult investments to hold.  In the energy space, no subsector has been more sensitive to volatile interest rate fluctuations than the master limited partnerships (MLP's).

Virtually every stock in this subsector has taken a varying degree of pain from the recent sell-off in stocks, mostly on the back of the spike in the 10-year treasury rate, now over 2%.  But pensioners and many wealthy investors rely strongly upon these dividend (distribution) paying holdings. Although the group is likely to remain volatile and more sensitive to market fluctuations, there are better and worse MLP's to focus your investment dollar upon and now is a good time to rebalance your MLP portfolio to reflect this new market sensitivity. 

The more traditional MLP's, whose portfolios overwhelmingly include pipelines, remain the least volatile and more 'safe' as these are not as leveraged to the underlying commodity price and therefore represent less ultimate risk in a volatile rate world.  These pipeline MLP's, including Enbridge (EEP), Enterprise (ETP), Kinder Morgan (KMP) and Plains All-American (PAA) are also, not surprisingly, the lowest percentage distribution payers. 

Other MLP's, more influenced by commodity prices, are far more sensitive to market fluctuations even if the commodity price remains relatively steady…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News