Michael Blankenship, Corporate and Capital Markets Partner in Locke Lord’s Houston office, was quoted in an article examining Tallgrass Energy’s roll up of its master limited partnership (MLP) in a stock-for-unit simplification. This type of consolidation is expected to gain popularity with troubled MLPs. Blankenship said, “In 2017, there were already more of these consolidations than during any previous year,” a trend Blankenship believes will continue through the first quarter of 2018.
To read the full article on Oil Daily, click here (subscription may be required). Blankenship’s comments also appeared in Natural Gas Week (subscription may be required).