Salient Capital Advisors, LLC Buys Tallgrass Energy LP, Magellan Midstream Partners LP, NextEra Energy Partners LP, Sells Targa Resources Corp, Genesis Energy LP, Energy Transfer LP

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May 12, 2020
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Houston, TX, based Investment company Salient Capital Advisors, LLC (Current Portfolio) buys Tallgrass Energy LP, Magellan Midstream Partners LP, NextEra Energy Partners LP, NextEra Energy Inc, Phillips 66 Partners LP, sells Targa Resources Corp, Genesis Energy LP, Energy Transfer LP, MPLX LP, EnLink Midstream LLC during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Salient Capital Advisors, LLC. As of 2020Q1, Salient Capital Advisors, LLC owns 59 stocks with a total value of $1.6 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. TC Energy Corp (TRP) - 5,072,930 shares, 14.16% of the total portfolio. Shares reduced by 0.2%
  2. Enbridge Inc (ENB) - 7,063,947 shares, 12.97% of the total portfolio. Shares reduced by 6.89%
  3. Kinder Morgan Inc (KMI) - 14,682,669 shares, 12.66% of the total portfolio. Shares added by 18.36%
  4. Williams Companies Inc (WMB) - 11,195,884 shares, 9.81% of the total portfolio. Shares reduced by 14.75%
  5. Enterprise Products Partners LP (EPD) - 10,846,968 shares, 9.61% of the total portfolio. Shares reduced by 1.07%
New Purchase: Tallgrass Energy LP (TGE)

Salient Capital Advisors, LLC initiated holding in Tallgrass Energy LP. The purchase prices were between $12.76 and $22.33, with an estimated average price of $20.53. The stock is now traded at around $22.39. The impact to a portfolio due to this purchase was 2.94%. The holding were 2,884,352 shares as of .

New Purchase: NextEra Energy Inc (NEE)

Salient Capital Advisors, LLC initiated holding in NextEra Energy Inc. The purchase prices were between $181.66 and $282.22, with an estimated average price of $251.74. The stock is now traded at around $226.47. The impact to a portfolio due to this purchase was 0.92%. The holding were 61,706 shares as of .

New Purchase: Dominion Energy Inc (D)

Salient Capital Advisors, LLC initiated holding in Dominion Energy Inc. The purchase prices were between $59.39 and $89.8, with an estimated average price of $81.8. The stock is now traded at around $79.51. The impact to a portfolio due to this purchase was 0.38%. The holding were 85,212 shares as of .

New Purchase: Chevron Corp (CVX)

Salient Capital Advisors, LLC initiated holding in Chevron Corp. The purchase prices were between $54.22 and $121.43, with an estimated average price of $99.58. The stock is now traded at around $93.67. The impact to a portfolio due to this purchase was 0.03%. The holding were 6,917 shares as of .

New Purchase: EQT Corp (EQT)

Salient Capital Advisors, LLC initiated holding in EQT Corp. The purchase prices were between $4.96 and $10.9, with an estimated average price of $7.08. The stock is now traded at around $13.14. The impact to a portfolio due to this purchase was 0.02%. The holding were 38,626 shares as of .

New Purchase: EOG Resources Inc (EOG)

Salient Capital Advisors, LLC initiated holding in EOG Resources Inc. The purchase prices were between $29.76 and $89.29, with an estimated average price of $65.76. The stock is now traded at around $50.24. The impact to a portfolio due to this purchase was 0.02%. The holding were 11,172 shares as of .

Added: Magellan Midstream Partners LP (MMP)

Salient Capital Advisors, LLC added to a holding in Magellan Midstream Partners LP by 36.69%. The purchase prices were between $27.78 and $65.08, with an estimated average price of $54.1. The stock is now traded at around $43.48. The impact to a portfolio due to this purchase was 1.34%. The holding were 2,208,260 shares as of .

Added: NextEra Energy Partners LP (NEP)

Salient Capital Advisors, LLC added to a holding in NextEra Energy Partners LP by 394.26%. The purchase prices were between $32.16 and $61.24, with an estimated average price of $53.13. The stock is now traded at around $49.23. The impact to a portfolio due to this purchase was 1.02%. The holding were 482,320 shares as of .

Added: Phillips 66 Partners LP (PSXP)

Salient Capital Advisors, LLC added to a holding in Phillips 66 Partners LP by 84.10%. The purchase prices were between $24.51 and $64.78, with an estimated average price of $53.47. The stock is now traded at around $44.40. The impact to a portfolio due to this purchase was 0.89%. The holding were 859,546 shares as of .

Added: Macquarie Infrastructure Corp (MIC)

Salient Capital Advisors, LLC added to a holding in Macquarie Infrastructure Corp by 108.67%. The purchase prices were between $14.1 and $45.65, with an estimated average price of $38.56. The stock is now traded at around $28.46. The impact to a portfolio due to this purchase was 0.86%. The holding were 1,059,865 shares as of .

Added: Cheniere Energy Partners LP (CQP)

Salient Capital Advisors, LLC added to a holding in Cheniere Energy Partners LP by 1981.85%. The purchase prices were between $18.55 and $42.44, with an estimated average price of $34.45. The stock is now traded at around $33.20. The impact to a portfolio due to this purchase was 0.37%. The holding were 231,793 shares as of .

Added: Shell Midstream Partners LP (SHLX)

Salient Capital Advisors, LLC added to a holding in Shell Midstream Partners LP by 38.77%. The purchase prices were between $7.51 and $22.7, with an estimated average price of $17.23. The stock is now traded at around $11.81. The impact to a portfolio due to this purchase was 0.27%. The holding were 1,557,284 shares as of .

Sold Out: EnLink Midstream LLC (ENLC)

Salient Capital Advisors, LLC sold out a holding in EnLink Midstream LLC. The sale prices were between $0.93 and $6.3, with an estimated average price of $4.01.

Sold Out: Western Midstream Partners LP (WES)

Salient Capital Advisors, LLC sold out a holding in Western Midstream Partners LP. The sale prices were between $3.11 and $21.7, with an estimated average price of $13.99.

Sold Out: Noble Midstream Partners LP (NBLX)

Salient Capital Advisors, LLC sold out a holding in Noble Midstream Partners LP. The sale prices were between $2.9 and $26.97, with an estimated average price of $17.05.

Sold Out: Rattler Midstream LP (RTLR)

Salient Capital Advisors, LLC sold out a holding in Rattler Midstream LP. The sale prices were between $3.27 and $17.79, with an estimated average price of $12.47.

Sold Out: Crestwood Equity Partners LP (CEQP)

Salient Capital Advisors, LLC sold out a holding in Crestwood Equity Partners LP. The sale prices were between $3.2 and $32.79, with an estimated average price of $22.05.

Sold Out: DCP Midstream LP (DCP)

Salient Capital Advisors, LLC sold out a holding in DCP Midstream LP. The sale prices were between $2.68 and $26.1, with an estimated average price of $16.94.



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