About this website

The website explains how distributable cash flow (DCF) is defined and why it is important to analyze it and derive a sustainable measure of DCF. Results reported by master limited partnerships (MLPs) are analyzed. comparisons of reported DCF to sustainable DCF are generated, and various coverage ratios and reports analyzing performance are generated. Simplified sources and uses of funds statements are presented to focus readers' attention on key cash flow items. The website also features general articles about MLPs and about other topics of interest to yield-focused investors.

Archives

Disclaimer

The documents and opinions in this website are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the securities mentioned or to solicit transactions or clients. The information in this website is believed, but not guaranteed, to be accurate. All content on this website is presented as of the date published, is not updated and may be superseded by subsequent market events or for other reasons Under no circumstances should a person act upon the information contained within without first conducting his/her own independent research and consulting with his/her investment advisor and tax professional as to whether such action is suitable based on the investor’s investment objectives, personal and financial situation, and specific legal or tax situation.

BPL - A Closer Look at Buckeye Partners' Distributable Cash Flow as of 1Q 2014

Author: Ron Hiram

Published: May 26, 2014

Buckeye Partners L.P.  (BPL) recently reported its results of operations for 1Q 2014. This article analyses some of the key facts and trends revealed by this and prior BPL reports, evaluates the sustainability of BPL’s Distributable Cash Flow (“DCF”) and assesses whether BPL is financing its distributions […]

WPZ - A Closer Look at Williams Partners’ Distributable Cash Flow as of 1Q 2014

Author: Ron Hiram

Published: May 20, 2014

Williams Partners, L.P. (WPZ) recently reported its results of operations for 1Q 2014. This article analyses some of the key facts and trends revealed by this and prior WPZ reports, evaluates the sustainability of WPZ’s Distributable Cash Flow (“DCF”) and assesses whether WPZ is financing its distributions […]

PAA - A Closer Look at Plains All American Pipeline’s Distributable Cash Flow as of 1Q 2014

 Author: Ron Hiram

Published: May 16, 2014

Plains All American Pipeline L.P. (PAA) recently reported its results of operations for 1Q 2014. This article analyses some of the key facts and trends revealed by this and prior PAA reports, evaluates the sustainability of PAA’s Distributable Cash Flow (“DCF”) and assesses whether PAA is financing its […]

MMP- A Closer Look at Magellan Midstream Partners' Distributable Cash Flow as of 1Q 2014

Author: Ron Hiram

Published: May 14, 2014

Magellan Midstream Partners L.P. (MMP) recently reported its results of operations for 1Q 2014. This article analyses some of the key facts and trends revealed by this and prior MMP reports, evaluates the sustainability of MMP’s Distributable Cash Flow (“DCF”) and assesses whether MMP is financing its […]

ETP - A Closer Look at Energy Transfer Partners' Distributable Cash Flow as of 1Q 2014

Author: Ron Hiram

Published: May 12, 2014

Energy Transfer Partners, L.P. (ETP) recently reported its results of operations for 1Q 2014. This article analyses some of the key facts and trends revealed by this and prior ETP reports, evaluates the sustainability of ETP’s Distributable Cash Flow (“DCF”) and assesses whether ETP is financing its […]