Natural Resources >> Analyst Interviews >> March 12, 2014
Higher Chance for Correction in MLP Stocks in 2014
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: Let's start with a quick refresher on your coverage universe.
Mr. Bellamy: Right now we cover 43 MLPs and royalty trusts. We will likely exit the year with more than 50 MLPs under