FERC to change tax policy for pipeline MLPs. Here’s how Houston cos. responded
March 16, 2018 at 08:43 AM EDT
The change and related uncertainty caused pipeline MLP stocks to plunge on March 15, both Bloomberg and Forbes report. But Wells Fargo & Co. analyst Michael Blum told Bloomberg that the markets overreacted because only MLPs with a large amount of interstate pipelines will feel an effect.
