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re: LINE/LNCO - Anyone with an opinion?
Posted on 8/4/15 at 3:13 pm to TheHiddenFlask
Posted on 8/4/15 at 3:13 pm to TheHiddenFlask
quote:
Luckily, LNCO isn't an MLP. It is a holding company that owns shares of an MLP.
Not sure how you arrived at your thesis, I'm assuming you are talking about the tax implications.
A lot of people have issues with the idea of putting depleting assets and large commodity exposure (upstream/E&P) inside of a structure that is supposed to have stable cash flows and distributions, an MLP.
1
Posted on 8/4/15 at 4:24 pm to whodatigahbait
They definitely went crazy with what they would jam into an MLP. I'm pretty sure someone put a refinery in one.
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