List of Master Limited Partnerships (MLPs)

This is a list of the master limited partnerships QuantumOnline tracks. An MLP is a publicly traded partnership rather than a corporation: it pays no entity-level income tax and passes its income, deductions and credits straight through to unit holders.

That pass-through treatment is why MLP yields have historically been high. It is also why MLPs are the most tax-complicated securities on this site, and why they suit some accounts and are actively unsuitable for others.

Other lists: Real Estate Investment Trusts Closed-End Funds Exchange-Traded Funds (Index ETFs) Master Limited Partnerships Royalty Trusts – U.S. Royalty Trusts – Canadian Business Development Companies Income Deposit Securities Special Investment Products (SIP) SIP – Common Stock Ownership SIP – Based on Indexes SIP – Based on Companies Special Purpose Acquisition Companies

How to use this list

Symbol — click any symbol to open our full security description & information page.
Sort — click a column heading to sort by that column; click again to reverse.
Filter — type in the filter box to narrow the list by ticker symbol or company name.
Prospectus — links to the security's original IPO prospectus filed with the SEC EDGAR system.
"n.a." means not available. This list is dynamic and updated constantly; information is believed accurate but is not guaranteed.

Symbol / CUSIP	Security Description	Exchange	IPO Date	Call Date	Prospectus
AB 01855A101	AllianceBernstein Holding, L.P.	NYSE	n.a.	n.a.
ARLP 01877R108	Alliance Resource Partners, L.P.	NGS	8/17/1999	n.a.	Prospectus
BEP G16258108	Brookfield Renewable Partners L.P.	NYSE	n.a.	n.a.
BIP G16252101	Brookfield Infrastructure Partners L.P.	NYSE	n.a.	n.a.
BKEP 09625U109	Blueknight Energy Partners L.P.	NGM	n.a.	n.a.
BSM 09225M101	Black Stone Minerals, L.P.	NYSE	4/30/2015	n.a.	Prospectus
CAPL 22758A105	CrossAmerica Partners LP (Units)	NYSE	10/26/2012	n.a.	Prospectus
CCEC Y00408107	Capital Clean Energy Carriers Corp.	NGS	3/29/2007	n.a.	Prospectus
CCLP 12637A103	CSI Compressco LP	NGS	6/15/2011	n.a.	Prospectus
CLMT 131476103	Calumet Specialty Products Partners, L.P.	NGS	6/29/2006	n.a.	Prospectus
CODI 20451Q104	Compass Diversified Holdings LLC	NYSE	5/11/2006	n.a.	Prospectus
CPLP Y00408107	Capital Clean Energy Carriers Corp	NGM	n.a.	n.a.
CQP 16411Q101	Cheniere Energy Partners, L.P.	AMEX	3/20/2007	n.a.	Prospectus
DKL 24664T103	Delek Logistics Partners L.P.	NYSE	11/2/2012	n.a.	Prospectus
DLNG Y2188B108	Dynagas LNG Partners LP	NYSE	11/14/2013	n.a.	Prospectus
DMLP 25820R105	Dorchester Minerals, L.P.	NGS	n.a.	n.a.
EPD 293792107	Enterprise Products Partners, L.P.	NYSE	7/31/1998	n.a.
ESBA 292102100	Empire State Realty OP, L.P., Series ES, Operating Partnership Units Rep	NYSEA	n.a.	n.a.
ET 29273V100	Energy Transfer L.P.	NYSE	2/3/2006	n.a.	Prospectus
FISK 292102308	Empire State Realty OP, L.P., Series 250, Operating Partnership Units Rep	NYSEA	n.a.	n.a.
GEL 371927104	Genesis Energy, L.P.	NYSE	n.a.	n.a.
GHI 02365V107	Greystone Housing Impact Investors LP	NYSE	n.a.	n.a.
GLP 37946R109	Global Partners, L.P.	NYSE	9/29/2005	n.a.	Prospectus
GPP 393221106	Green Plains Partners LP	NGM	6/25/2015	n.a.	Prospectus
IEP 029169109	Icahn Enterprises, L.P. (Units)	NGS	3/31/1995	n.a.

Showing 25 of 58 securities

The remaining 33 securities — plus sorting, filtering and Excel, PDF and CSV export — are available to registered users. Registration is free.

You receive a K-1, not a 1099

As a partner rather than a shareholder, you receive a Schedule K-1 each year instead of a Form 1099-DIV. K-1s arrive later than 1099s — often in March, sometimes with amendments afterwards — and can force a return to be extended.

Holding MLPs in multiple states can also create state filing obligations where the partnership operates, regardless of where you live. For an investor with a handful of MLPs this is a genuine annual cost in time or accountant fees.

Distributions are mostly return of capital

MLP distributions are typically not taxed as income when received. Instead they reduce your cost basis, deferring tax until you sell. This can defer a large share of the tax for years.

The deferral is not forgiveness. When you sell, the basis reduction is recaptured — a substantial portion often taxed as ordinary income rather than at capital gains rates. An MLP held for many years can produce a surprisingly large tax bill on sale.

Why MLPs and IRAs conflict

MLPs generate unrelated business taxable income (UBTI). A tax-exempt account such as an IRA that receives more than $1,000 of UBTI in a year must file Form 990-T and pay tax — inside the IRA, at trust rates.

This inverts the usual advice. The tax deferral an MLP already provides is wasted in an IRA, and the UBTI problem is created for nothing. MLPs generally belong in a taxable account.

What MLPs actually own

Most MLPs are midstream energy: pipelines, storage, processing and terminals. These businesses typically earn fee-based income on volumes rather than on the price of the commodity, which makes their cash flows steadier than the energy sector's reputation suggests — though volume declines and counterparty credit still bite.

Check the distribution coverage ratio, which compares distributable cash flow to the distribution paid. Coverage below 1.0 sustained over several quarters means the partnership is funding its distribution from borrowing or unit issuance.

About this data

QuantumOnline has tracked exchange-traded income securities since 1997. Every security in this list is researched and maintained by hand from the issuer's prospectus and SEC filings, not scraped from a vendor feed. Where a figure is unavailable we show "n.a." rather than guessing.

Information is believed to be accurate but is not guaranteed, and nothing here is a recommendation to buy or sell. Always confirm terms against the issuer's prospectus before investing.