CUTLINES - OKLAHOMA CITY - Devon Energy Corp. is moving forward with plans to form a publicly traded master limited partnership that will own a minority stake in its U.S. midstream business, the ...
A master limited partnership (MLP) is an unusual investment that combines the tax benefits of a limited partnership (LP) with the liquidity of a common stock. It is organized as a publicly traded ...
MLPs combine tax benefits of partnerships with stock market liquidity, trading publicly on exchanges. MLP investors report income and deductions on personal tax returns, bypassing corporate taxes. Top ...