Sector Expert: Kevin Smith
Kevin Smith, who has worked with Raymond James for four years, is an E&P analyst specializing in upstream MLP partnerships. Previously, he worked for Wells Fargo in its E&P Corporate Lending group in Houston, where he was responsible for credit analysis for mid- and large-cap E&P companies. Kevin was a power trader at Reliant Resources for three years. He holds a BBA from Baylor University and an MBA from Texas A&M University.
There are few places to hide in turbulent markets, but low bond yields and faltering commercial real estate are driving income investors to U.S. royalty trusts and master limited partnerships (MLPs), where high energy prices are generating huge quarterly cash distributions for shareholders. In this exclusive interview with The Energy Report, Raymond James Associate Analyst Kevin Smith discusses his favorite names where investors are reaping both income and growth.
Master limited partnership (MLP) yields are down due to unprecedented investment demand in the space and the bullish distribution growth outlook, according to Raymond James Analyst Kevin Smith. Focusing on upstream MLPs, he says "consolidation is sure to continue." In this exclusive interview with The Energy Report, Kevin talks about one MLP he rates a strong buy, as well as some others with positive outlooks.
"ARP's small acquisition is roughly breakeven on a cash flow basis."
Kevin Smith, Raymond James
"UCU has excellent infrastructure and uranium onsite, which could also be mined."
Matthew Smith, Seeking Alpha
"We think LINE will lead the group in distribution growth."
The Energy Report Interview with Kevin Smith