MLPs Among Strongest Upstream Buyers in 2012

Monday, October 15, 2012 - 12:00am

MLPs Among Strongest Upstream Buyers in 2012MLPs (Master Limited Partnerships) have emerged as some of the strongest buyers of upstream assets in 2012, chief among them Linn Energy. The company has bought more than $2 billion worth of upstream assets in three deals in 2012, and is rumored to not be quite done for the year. Linn and its peers, such as Breitburn and EV, remain competitive in the market for mature oil and gas assets with long production lives.

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