Trump's Win Is Good News for Pipeline Companies in the U.S., Says Mizuho

Several major pipeline companies in the U.S. should benefit from renewed investor interest following Donald Trump's win, says Mizuho.
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Pipeline companies in the U.S. will benefit under a Trump administration, because regulations will likely be relaxed, according to Brian Zarahn, a senior analyst at Mizuho Securities. Zarahn expects the next administration will approve the proposed Dakota Access Pipeline, which has several owners including Energy Transfer Partners (ETP) , Energy Transfer Equity  (ETE) , and Sunoco Logistics Partners (SXL) . Zarahn says those companies are well positioned to benefit once that pipeline goes into service. The pipeline is also backed by mater limited partnerships Phillips 66 Partners (PSXP) - Get Report  Enbridge Energy Partners (EEP)  and MPLX (MPLX) - Get Report . TheStreet's Rhonda Schaffler spoke with Zarahn on the Mizuho trading floor in New York.