Chesapeake Midstream Partners (CHKM) is a newly listed MLP with built-in growth prospects, Swank says. The MLP's parent, Chesapeake (CHK), is one of the largest natural gas producers in the U.S. and has a large inventory of drop-down assets in growing shale basins. According to Swank, Chesapeake Midstream Partners has zero debt on its balance sheet and essentially 100% fee-based contracts with minimum volume commitments and built-in fee escalators.
5 Favorite MLPs for Income and Growth
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