The yield is 12.4%. This company is the dominant player in its niche industry, providing vital services to producers. It acquired major assets in Q2 '18, earning triple-digit quarterly growth, and will increase its EBITDA by over 40% in 2018. It also eliminated its IDRs.
If you're looking for a dominant niche player in the high yield space, take a look at USA Compression Partners LP, (USAC), the leading compression company in the US energy industry. USAC closed on a transformative deal on 4/2/18, in which it acquired CDM, the compression services arm of Energy Transfer Partners LP, (ETP), and Energy Transfer Equities LP, (ETE), valued at approximately $1.8B.
Source: Seeking Alpha
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12% Yielding Industry Leader Steps It Up A Big Notch In Q2 2018
Posted by D4L | Wednesday, September 05, 2018 | ArticleLinks | 0 comments »________________________________________________________________
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