6 MLPs That Can Thrive Even if Oil Remains Cheap - Barron's

6 MLPs That Can Thrive Even if Oil Remains CheapBrian Watson’s OppenheimerFunds portfolios have weathered the energy storm better than most. Here are his picks.Email Print 1 Comments Order Reprints Facebook Twitter Google+smaller LargerBy AMEY STONENov. 24, 2015 6:10 a.m. ETBloomberg NewsPortfolio manager Brian Watson is a fairly humble guy. Sure, he runs some of the top performing mutual funds in his category, but he’s not bragging about it. Humility is called for: The fund is down double digits this year.Watson, head of research at OppenheimerFunds’ SteelPath division, manages funds that invest in MLPs, or master limited partnerships, which are energy infrastructure companies once-prized by investors for income and tax advantages. The sector is down a punishing 22% year-to-date due to steep declines in energy prices.

Source: 6 MLPs That Can Thrive Even if Oil Remains Cheap – Barron’s