Reasons to Be Cautious on Midstream MLPs
After his recent sale of Energy Transfer Equity, StockInvestor editor Matt Coffina says investors should consider more conservative MLPs whose current valuations are less dependent on future growth.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm here today with Matt Coffina. He is the editor of Morningstar StockInvestor newsletter. He recently sold Energy Transfer Equity (ETE) out of his portfolio. We're here to talk about why. Matt, thanks for joining me.
Matt Coffina: Thanks for having me, Jeremy.
Matthew Coffina has a position in the following securities mentioned above: EPD, KMR, TRP. Find out about Morningstar’s editorial policies.