This firm operates oil pipelines, refineries and storage facilities in the US.
Aug 6th 2021 Earning call
MPLX LP (MPLX) Q2 2021 Earnings Call Transcript
MPLX earnings call for the period ending June 30, 2021.
MMLP is a good MLP ETF. Yield is 7% approx & diversified
Yes, but MPLX yield is about 9.75%, and is just oil and gas.
MMLP isn’t listed on FTrade. Have you got a link to it?
MMPL and EPD have also dissapeard from my watchlist
Same as Icahn
what is a PTP?
This a freetrade or government thing.
It’s a publicly traded partnership. The decision has been made by the IRS to add a further 10% tax - the decision has been made by Freetrade not to offer this stock any longer
I held EPD in the ISA - that was forbidden apparently and was forced to sell a few months back as they werent allowed in there.
Dissapointing that they’re no longer being offered.
I note HL is still showing these MLP’s as being available to trade in the ISA, whether thats a error on the website I dont know.
I’d hazard to say that as an established broker they will likely continue to offer - it seems cost-free competitors are still offering at present.
Another positive for other brokers, FT seems consistently on the back foot now.
All my FT stocks were not in an ISA.
FT decided I had to sell. Not legisation.
85% of my holding were:
- MLP (PTP) type constructions, or
- US listed stocks that were move from GIA to pay monthly accounts.
The rest were a few UK holdings.
Since September 85% of my stocks got restricted in some way.
Mine were in GIA. This is an FT decision for GIA.