| Gabriel Moreen repeats at No. 3. “Both knowledgeable and helpful,” as one money manager puts it, the Bank of America Merrill Lynch analyst explains that the North American shale-driven energy renaissance has led to significantly increased output and the prospect for much more growth. For master limited partnerships that cater to production companies, Moreen says, “that supply growth certainly means opportunity to build additional infrastructure.” Also positive for the group is the low-interest-rate environment, because clients “gravitate toward yield,” he adds. Moreen recommends two large-cap, Houston-based partnerships — Enterprise Products Partners and Plains All American Pipeline — which have spotted “significant opportunities” in two of the hottest U.S. unconventional shale plays, the Bakken formation centered in North Dakota and the Eagle Ford formation in East Texas. RUNNER(S)-UP Michael Blum John Tysseland |
