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home / news releases / GLOP - GasLog Preferred Units: 9.6% Yield Is Worth Considering


GLOP - GasLog Preferred Units: 9.6% Yield Is Worth Considering

GasLog Partners (GLOP) just announced all time high revenue, EBITDA and distributable cash flow, not to mention a solid 1.2x distribution coverage ratio. The company also raised its distribution in 2019 and bought back a significant amount of its common units. Further still, during the latest earnings call, management explained they remain very confident in the company's long-term outlook. This all sounds like a very attractive business, but the units plummeted about 49% after the earnings announcement because management dramatically reduced the upcoming distribution payment to unitholders, explaining they are "moving to a

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Stock Information

Company Name: GasLog Partners LP representing limited partnership interests
Stock Symbol: GLOP
Market: NYSE
Website: gaslogmlp.com

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