Natural Resources >> Analyst Interviews >> February 10, 2017

Oil Friendly Administration Provides a Comfortable Backdrop for MLPs

Bellamy, Ethan H.
Ethan H. Bellamy is Senior Research Analyst, Master Limited Partnerships of Robert W. Baird & Co. Incorporated. Mr. Bellamy is Baird’s Senior Analyst covering Master Limited Partnerships — MLPs. Prior to joining Baird in 2010, he was a sellside analyst at Wunderlich Securities in Denver for two years. Prior to rejoining sellside research, he worked on the buy side as the Director of Research for the Lehman Brothers MLP Opportunity Funds in Lehman Private Equity in Houston, Texas. Prior to joining Lehman, Mr. Bellamy covered MLPs at Stifel Nicolaus as a senior analyst. He began his career at Stifel covering cable and media equities out of Denver. Mr. Bellamy was the number-two stock-picker in the U.S. in 2010 in the StarMine/Financial Times annual survey. He was the number-one stock-picker in the oil, gas and consumable fuels sector in the 2009 survey. Mr. Bellamy holds a B.A. from Clemson University and an M.A. from the University of Colorado-Boulder. Profile
TWST: To begin with, given where we are in the cycle and the impact of commodity prices, what's your take on the MLP sector right now?

Mr. Bellamy: We're bullish.