The Newest Twist in U.S. Energy Has Roots in the Past
The limited partnership is set to transform U.S. oil and gas.
The U.S. oil and gas industry is abuzz with a new phenomenon: the upstream limited partnership. But putting upstream (exploring, developing, and producing) oil and gas assets in a yield-based, tax-exempt structure isn't an entirely new idea. Here we will detail the history of these structures to highlight their benefits, risks, and broader industry implications.
Kish Patel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.