Thought Leader Discussion: What’s the Matter with MLP Non-GAAP Metrics?

Speakers:

Julie Hilt Hannink, CFA, Head of Energy Research, CFRA Research

Kevin Kaiser, Managing Director, Energy Sector, Hedgeye Risk Management

 

Call Details:

Wednesday, February 26th at 11am EST

Participant Dial-In:

Participant Code: 198965#

For anonymous Q&A, send questions to  and 

 

About the Call:

Julie Hilt Hannink, CFA, of CFRA Research will join Kevin Kaiser of Hedgeye Risk Management for an in-depth discussion of key accounting and regulatory topics in the Master Limited Partnership (MLP) sector: the use and purpose of common non-GAAP metrics (for example, “distributable cash flow” and “maintenance CapEx”); the focus of the SEC’s new Financial Reporting and Audit Task Force, and how it might impact MLPs; the Incentive Distribution Right (IDR) and IDR “forgiveness”; corporate governance issues; and more… 

 

About Julie Hilt Hannink:

Ms. Julie Hilt Hannink is the Head of Energy Research for CFRA. In this capacity, she is responsible for CFRA’s research and screening on independent oil and gas producers, master limited partnerships, integrated oil companies, refiners and oil services. Ms. Hannink brings more than 25 years of experience in financial and fundamental research and analysis to CFRA. Prior to her tenure at CFRA she was the Director-Oil and Gas at Medley Global Advisors and a Managing Director at J.P. Morgan Asset Management where she was the senior North American oil & gas analyst.  Ms. Hannink holds a BS in Commerce (concentration Accounting) from the University of Virginia.

 

Special Conference Call Disclaimer:

CFRA Research is co-hosting this conference call at the invitation of Hedgeye Risk Management.  Both CFRA and Hedgeye are individually responsible for their respective contributions to this conference call; neither CFRA nor Hedgeye has verified the accuracy or completeness of the other’s information.  Opinions expressed by Hedgeye and its employees do not necessarily reflect the opinions of CFRA and its employees, and vice versa.

 

Both Hedgeye and CFRA have invited their subscribers, clients, and potential clients to participate on this call.  By dialing in to participate on this call, you agree that your name, firm affiliation and contact information may be shared between Hedgeye and CFRA for marketing purposes.  Identifying information will be shared only between Hedgeye and CFRA; as with all Hedgeye calls, participants will not be made aware of each other’s identity.   Live participants are entitled to submit questions during the call.  If you do not wish your identifying information to be shared, please contact your sales representative to arrange to receive a podcast recording.

 

Hedgeye Risk Management Disclaimer:

Hedgeye Risk Management is a registered investment advisor, registered with the State of Connecticut. Hedgeye Risk Management is not a broker dealer and does not make investment recommendations. This research does not constitute an offer to sell, or a solicitation of an offer to buy any security. This research is presented without regard to individual investment preferences or risk parameters; it is general information and does not constitute specific investment advice. This presentation is based on information from sources believed to be reliable. Hedgeye Risk Management is not responsible for errors, inaccuracies or omissions of information. The opinions and conclusions expressed by Hedgeye Risk Management are those of Hedgeye Risk Management, and are intended solely for the use of participants of this call. In reaching these opinions and conclusions, Hedgeye Risk Management and its employees have relied upon research conducted by Hedgeye Risk Management’s employees, which is based upon sources considered credible and reliable within the industry. Hedgeye Risk Management is not responsible for the validity or authenticity of the information upon which it has relied.

 

CFRA Research Disclaimer:

The content and opinions expressed by CFRA are those of CFRA. Analysis provided by CFRA has not been submitted to, nor  received approval from, the United States Securities and Exchange Commission or any other regulatory body. While CFRA exercised due care in compiling its analysis, CFRA AND ALL RELATED ENTITIES SPECIFICALLY  DISCLAIM  ALL WARRANTIES, EXPRESS OR IMPLIED, regarding the accuracy, completeness or usefulness of this information. and assumes no  liability with respect to the consequences of relying  on this information for investment or other purposes. In particular, the research provided is not intended to constitute an offer, solicitation or advice to buy or sell securities. CFRA, CFRA Accounting Lens, CFRA Legal Edge, CFRA Score, and all other CFRA product names are the trademarks, registered trademarks, or service marks of CFRA or its affiliates in  the United States and other jurisdictions. 


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