JPMorgan Still Cautious On E&P MLPs, But Bullish On Memorial Production

JPMorgan’s Gabriel Daoud Jr. and his team have an update on exploration and production master limited partnerships today, writing that investors will be closely watching these firms’ 2015 capex plans, acquisitions and divestitures activity, and new sources of capital amid liquidity concerns. So far this year, Daoud writes, MLP performance looks encouraging, but with ongoing [...]