MLP (subsidiary of a high profile energy company)
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position
long
EY
Thesis
The MLP has a $10 billion market cap and its revenues are completely contracted, yet it trades at a 25% discount to NAV with a strong current dividend yield. This presents a significant upside potential, especially if oil prices recover.
Did it work?
Not yet analyzed
No outcome has been scored for this pitch yet, so there's no verdict to show.