EQM - EQM Midstream Partners: Priced For Distributions Being Halved
Introduction
Thanks to the recent selloff across the Master Limited Partnership industry, there are many very high yielding investment options abound, one that stands out in particular is EQM Midstream Partners (EQM) that is now sporting an unthinkably high 21% distribution yield. Given their massive distribution yield, it is completely pointless to assess the value their units currently offer if these payments are maintained, as it is obvious to even a new investor that anything with a sustainable yield of this magnitude is undervalued. Instead it is more relevant to consider whether an