Liam Denning, Columnist

Looking Back in Anger (at This MLP Deal)

The MLP's trade with its general partner last year keeps getting uglier.

September 6, 2017 at 3:45 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

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Plains All American Pipeline LP is trying -- again -- to draw a line under the recent past. For investors, it isn't so easy.

Plains is the worst-performing large-cap master limited partnership this year by a pretty wide margin. It is down almost two-thirds from its peak in late 2014.