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Energy Income Partners, LLC

CIK:0001388814
Asset Manager
$4B AUM
92 holdings
Westport, CT, US
Founded:2003
20 employees
Latest filing:Jun 30, 2025

Energy Income Partners, LLC (EIP) is an independent asset manager based in Westport, Connecticut, USA. Founded in 2003, EIP specializes in managing portfolios focused on energy infrastructure—primarily equity securities of energy companies such as regulated utilities, pipelines, storage facilities, terminals, and renewable energy producers. With decades of sector experience, EIP serves high-net-worth individuals, institutions, investment companies, and private funds. EIP is led by CEO and founding partner James Murchie, and the firm's investment team is recognized for deep energy industry expertise and engagement with regulators and management teams. EIP employs approximately 20 professionals.

Investment Strategy

Energy Income Partners seeks to minimize cyclicality and volatility by investing in businesses within the energy infrastructure sector—such as regulated utilities, pipelines, terminals, storage, and renewable producers—that pay out above-average dividends or distributions. The firm focuses on companies with stable earnings, long-term contracts, and regulated revenues, leading to reliable income and growth characteristics. EIP is agnostic to asset class, corporate structure, or index membership, emphasizing management quality and stakeholder engagement. EIP also utilizes leverage and derivatives where appropriate to enhance returns and manage risk, with primary exposure concentrated in US and Canadian energy infrastructure and utility companies.

Latest 13F Filing Activity

Energy Income Partners, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 92 equity positions with a total 13F market value of $5B. The fund increased holdings in Quanta SVCS Inc., DT Midstream Inc., Vistra Corp. among other positions. Energy Income Partners, LLC reduced exposure to Sempra, Oneok Inc. New, Plains GP HLDGS L P among others.

Top Buys
P
PWRQUANTA SVCS INC
+$45.4M
D
DTMDT MIDSTREAM INC
+$35.7M
V
VSTVISTRA CORP
+$31.3M
N
NJRNEW JERSEY RES CORP
+$19.9M
E
EVRGEVERGY INC
+$19.4M
Top Sells
S
SRESEMPRA
-$93.8M
O
OKEONEOK INC NEW
-$68.3M
P
PAGPPLAINS GP HLDGS L P
-$21.3M
A
AEPAMERICAN ELEC PWR CO INC
-$17.1M
S
SOSOUTHERN CO
-$16.5M

Top Holdings

E
EPDENTERPRISE PRODS PARTNERS L
+8.9%$453.5M
E
ETENERGY TRANSFER LP
+8.2%$417.4M
M
MPLXMPLX LP
+5.6%$285.5M
P
PAGPPLAINS GP HLDGS L P
+3.8%$196.1M
N
NFGNATIONAL FUEL GAS CO
+3.8%$194.4M

Equity Positions (92)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
E
EPD
ENTERPRISE PRODS PARTNERS L8.89%$453.5M14,624,238$26.85$31.01+$16.9M
E
ET
ENERGY TRANSFER LP8.19%$417.4M23,024,530$11.58$18.13-$12.4M
M
MPLX
MPLX LP5.60%$285.5M5,541,795$36.66$51.51+$1.5M
P
PAGP
PLAINS GP HLDGS L P3.85%$196.1M10,093,757$12.43$19.43-$21.3M
N
NFG
NATIONAL FUEL GAS CO3.81%$194.4M2,295,208$61.26$84.71+$16.4M

Industry Allocation

NATURAL GAS TRANSMISSION
+29.6%
ELECTRIC SERVICES
+18.7%
PIPE LINES (NO NATURAL GAS)
+11.2%
NATURAL GAS DISTRIBUTION
+10.1%
ELECTRIC & OTHER SERVICES COMBINED
+9.0%