Image shown: The performance of Energy Transfer Partners (ETP) since we warned about the MLP space in mid-2015.
By Valuentum Analysts
Now that simplification actions are on the rise in the MLP space, “Master Limited Partnership Simplications on the Rise,” all but proving our thesis on the group, we thought it important to follow up on a December 2015 article that another firm wrote, “Energy Transfer Partners: Why You Shouldn’t Worry.”
For some reason, the article felt it appropriate to say that Valuentum is “unregistered.” We wanted to clear this up. Valuentum is a financial publisher, much like the Wall Street Journal or the Financial Times, and publishers are exempt from registering.
Second, the article felt the need to put the word “independent” into quotes. We’re not a money manager, or a broker, or a financial advisor, nor are we selling any securities, or soliciting the buying and selling of any securities. We think our thesis on the MLPs should have made our independence clear.
Finally, we thought it rather demeaning to put “analysts” into quotes, too. For starters, President of Investment Research Brian Nelson holds the Chartered Financial Analyst (CFA) designation, and we include relevant authors on our work on our website.
We’ll never truly know the damage that has been caused by articles written in this spirit across the web, some articles we may not even know about. We thought it appropriate to clarify things in this response, and we’re going to continue to take the high road with everything we do.
We hope you appreciate that and find tremendous value in the independent insight that our team of analysts provide.
Thank you!
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Brian Nelson does not own shares in any of the securities mentioned above. Some of the companies written about in this article may be included in Valuentum's simulated newsletter portfolios. Contact Valuentum for more information about its editorial policies.
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