Partnership Structure

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Definitions
Master Limited Partnership (MLP)
Master Limited Partnership MLP Partnership Structure Limited Partners General Partners Business Organization Financial Structure Publicly Traded Partnerships
A Master Limited Partnership (MLP) is a business structure that combines the tax benefits of a partnership with the liquidity of a public company. This unincorporated business entity is designed to generate steady income streams for its investors, known as limited partners, while being managed by a general partner.
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Definitions
Oil and Gas Limited Partnership
Oil and Gas Limited Partnership Limited Partners General Partners Commercial Oil Extraction Natural Gas Marketing Energy Sector Partnership Structure
A partnership consisting of one or more Limited (Special) Partners and one or more General Partners that is structured to find, extract, and market commercial quantities of oil and natural gas.
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