Morgan Stanley Likes ‘Dropdown’ MLPs, Especially Dominion Midstream

Morgan Stanley’s MLP analysts picked up coverage Thursday of eight so-called dropdown master limited partnerships. These are energy companies that periodically “drop down” midstream assets — pipelines and such — to their MLPs. Lead analyst Brian Lasky writes: We are positively predisposed to many of the attractive attributes of the dropdown MLPs — high-quality asset [...]