10-03-2013, 10:24 PM
Alex can you give any color to the difference between TGP and TOO?
From my limited research it appears that they are both daughter companies of TK.
From what I can tell, TOO is structured like an MLP but is registered as a C-Corp in the US and files 1099's rather than K-1's for tax purposes. Since any investment I make will be in a tax advantaged IRA, I'm not interested in dealing with K-1's.
I think this is an interesting investment considering the booming natural gas production in the US and the proposed liquefaction facilities that are expected to be built in the next couple of years. I've added TOO to my watch list and plan to do some more research.
From my limited research it appears that they are both daughter companies of TK.
From what I can tell, TOO is structured like an MLP but is registered as a C-Corp in the US and files 1099's rather than K-1's for tax purposes. Since any investment I make will be in a tax advantaged IRA, I'm not interested in dealing with K-1's.
I think this is an interesting investment considering the booming natural gas production in the US and the proposed liquefaction facilities that are expected to be built in the next couple of years. I've added TOO to my watch list and plan to do some more research.