Monday, April 20, 2015

Four Ways to Play Shrinking Oil Storage: The Guggenheim Shipping ETF (NYSE: SEA), Koninklijke Vopak NV (OTC: VOPKF), Oiltanking Partners L.P. (NYSE: OILT), Magellan Midstream Partners L.P. (NYSE: MMP)

Some highly leveraged oil exploration and production companies are scrambling to stay afloat right now.
Others have put themselves on the market, hoping to merge with larger, better-capitalized rivals.
There are, however, a few players in oil making money hand over fist. They’re doing it by dominating an obscure corner of the energy market…
I’m talking about oil storage.  (more)

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