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Takeaway: It pays to listen to Kevin Kaiser.

Earlier today, maverick Hedgeye Energy analyst Kevin Kaiser hosted a short call on Summit Midstream Partners (SMLP). 

Kaiser was the original bear on MLP stocks, like Kinder Morgan (KMI) and Linn Energy (LINE), while virtually all of the conflicted, sell-side analysts on Wall Street remained bullish. Below is an update from a post of Kaiser's short calls from our original post, "A Cautionary Tale: Energy Analyst Kevin Kaiser's MLP Warning and 8 Short Calls.

As you can see, he nailed it.

FLASHBACK: An Update On Hedgeye Energy Analyst Kevin Kaiser's MLP Short Calls - kaiser calls

Editor's Note: To access Kevin Kaiser's research email sales@hedgeye.com