Western Refining, Inc. (WNR), Devon Energy Corp (DVN): Yield Investors’ Choices Have Skyrocketed in 2013

MLP fever
Investors officially need a list to keep track of all of these MLP wheelings and dealings. Perhaps it can be kept in the same cool dry place as this list, which shows every master limited partnership IPO this year:

Source: NYSE

Phillips 66 Partners had the best IPO of the lot, but with the exception of NuStar Logistics, all of these MLPs are up year to date. The first two, CVR Refining and USA Compression, are up more than 15%.

Bottom line
Investors craving yield and distribution income are certainly not short of opportunities here. As these MLPs continue to flood the market, due diligence becomes increasingly more important. Not all MLPs are created equal.

The article Yield Investors’ Choices Have Skyrocketed in 2013 originally appeared on Fool.com and is written by Aimee Duffy.

Fool contributor Aimee Duffy has no position in any stocks mentioned. The Motley Fool owns shares of Devon Energy and Western Refining.

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