Salient Capital Advisors, LLC Buys Equitrans Midstream Corp, Western Midstream Partners LP, EnLink Midstream LLC, Sells Enbridge Inc, MPLX LP, Plains All American Pipeline LP

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Feb 24, 2020
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Houston, TX, based Investment company Salient Capital Advisors, LLC (Current Portfolio) buys Equitrans Midstream Corp, Western Midstream Partners LP, EnLink Midstream LLC, DCP Midstream LP, Crestwood Equity Partners LP, sells Enbridge Inc, MPLX LP, Plains All American Pipeline LP, Shell Midstream Partners LP, Phillips 66 Partners LP during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Salient Capital Advisors, LLC. As of 2019Q4, Salient Capital Advisors, LLC owns 75 stocks with a total value of $3.5 billion. These are the details of the buys and sells.

For the details of Salient Capital Advisors, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/salient+capital+advisors%2C+llc/current-portfolio/portfolio

These are the top 5 holdings of Salient Capital Advisors, LLC
  1. Williams Companies Inc (WMB) - 13,133,101 shares, 8.87% of the total portfolio. Shares reduced by 3%
  2. Enterprise Products Partners LP (EPD) - 10,964,624 shares, 8.79% of the total portfolio. Shares reduced by 17.98%
  3. Enbridge Inc (ENB) - 7,586,552 shares, 8.68% of the total portfolio. Shares reduced by 23.95%
  4. Energy Transfer LP (ET) - 21,652,642 shares, 7.91% of the total portfolio. Shares reduced by 10.52%
  5. TC Energy Corp (TRP) - 5,082,875 shares, 7.82% of the total portfolio. Shares added by 12.97%
New Purchase: Archrock Inc (AROC)

Salient Capital Advisors, LLC initiated holding in Archrock Inc. The purchase prices were between $8.14 and $10.13, with an estimated average price of $9.32. The stock is now traded at around $7.78. The impact to a portfolio due to this purchase was 0.2%. The holding were 692,319 shares as of .

New Purchase: Holly Energy Partners LP (HEP)

Salient Capital Advisors, LLC initiated holding in Holly Energy Partners LP. The purchase prices were between $21.26 and $25.31, with an estimated average price of $22.69. The stock is now traded at around $23.34. The impact to a portfolio due to this purchase was 0.07%. The holding were 105,753 shares as of .

New Purchase: Summit Midstream Partners LP (SMLP)

Salient Capital Advisors, LLC initiated holding in Summit Midstream Partners LP. The purchase prices were between $2.89 and $5.3, with an estimated average price of $3.96. The stock is now traded at around $2.54. The impact to a portfolio due to this purchase was 0.02%. The holding were 188,901 shares as of .

New Purchase: Apache Corp (APA)

Salient Capital Advisors, LLC initiated holding in Apache Corp. The purchase prices were between $18.38 and $26.53, with an estimated average price of $22.67. The stock is now traded at around $26.91. The impact to a portfolio due to this purchase was 0.02%. The holding were 32,573 shares as of .

New Purchase: TC Pipelines LP (TCP)

Salient Capital Advisors, LLC initiated holding in TC Pipelines LP. The purchase prices were between $37.3 and $43.62, with an estimated average price of $39.59. The stock is now traded at around $41.48. The impact to a portfolio due to this purchase was 0.01%. The holding were 11,728 shares as of .

New Purchase: Hess Midstream Operations LP (HESM)

Salient Capital Advisors, LLC initiated holding in Hess Midstream Operations LP. The purchase prices were between $19.39 and $22.98, with an estimated average price of $20.97. The stock is now traded at around $20.49. The impact to a portfolio due to this purchase was 0.01%. The holding were 8,823 shares as of .

Added: Equitrans Midstream Corp (ETRN)

Salient Capital Advisors, LLC added to a holding in Equitrans Midstream Corp by 176.86%. The purchase prices were between $9.24 and $15.08, with an estimated average price of $12.35. The stock is now traded at around $9.95. The impact to a portfolio due to this purchase was 0.93%. The holding were 3,800,008 shares as of .

Added: Western Midstream Partners LP (WES)

Salient Capital Advisors, LLC added to a holding in Western Midstream Partners LP by 152.86%. The purchase prices were between $17.58 and $25.11, with an estimated average price of $20.62. The stock is now traded at around $14.79. The impact to a portfolio due to this purchase was 0.89%. The holding were 2,635,205 shares as of .

Added: EnLink Midstream LLC (ENLC)

Salient Capital Advisors, LLC added to a holding in EnLink Midstream LLC by 115.18%. The purchase prices were between $4.39 and $7.84, with an estimated average price of $6.02. The stock is now traded at around $4.34. The impact to a portfolio due to this purchase was 0.81%. The holding were 8,724,235 shares as of .

Added: DCP Midstream LP (DCP)

Salient Capital Advisors, LLC added to a holding in DCP Midstream LP by 822.87%. The purchase prices were between $20.64 and $26.11, with an estimated average price of $23.46. The stock is now traded at around $18.59. The impact to a portfolio due to this purchase was 0.47%. The holding were 763,184 shares as of .

Added: Crestwood Equity Partners LP (CEQP)

Salient Capital Advisors, LLC added to a holding in Crestwood Equity Partners LP by 313.00%. The purchase prices were between $30.21 and $36.53, with an estimated average price of $32.84. The stock is now traded at around $25.41. The impact to a portfolio due to this purchase was 0.42%. The holding were 625,248 shares as of .

Added: Genesis Energy LP (GEL)

Salient Capital Advisors, LLC added to a holding in Genesis Energy LP by 21.65%. The purchase prices were between $17.82 and $22.1, with an estimated average price of $20.1. The stock is now traded at around $13.65. The impact to a portfolio due to this purchase was 0.37%. The holding were 3,571,773 shares as of .

Sold Out: Tallgrass Energy LP (TGE)

Salient Capital Advisors, LLC sold out a holding in Tallgrass Energy LP. The sale prices were between $17.71 and $22.14, with an estimated average price of $19.2.

Sold Out: UGI Corp (UGI)

Salient Capital Advisors, LLC sold out a holding in UGI Corp. The sale prices were between $41.44 and $49.14, with an estimated average price of $45.71.

Sold Out: Semgroup Corp (SEMG)

Salient Capital Advisors, LLC sold out a holding in Semgroup Corp. The sale prices were between $14.85 and $16.42, with an estimated average price of $15.76.

Sold Out: Buckeye Partners LP (BPL)

Salient Capital Advisors, LLC sold out a holding in Buckeye Partners LP. The sale prices were between $41.25 and $41.46, with an estimated average price of $41.4.

Sold Out: ProPetro Holding Corp (PUMP)

Salient Capital Advisors, LLC sold out a holding in ProPetro Holding Corp. The sale prices were between $7.33 and $11.29, with an estimated average price of $8.98.

Sold Out: NuStar Energy LP (NS)

Salient Capital Advisors, LLC sold out a holding in NuStar Energy LP. The sale prices were between $25.59 and $29.43, with an estimated average price of $27.84.



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