We’re adding OCI Partners (NYSE: OCIP) to the MLP Profits Aggressive Portfolio with a buy below target of $29. OCIP is a master limited partnership producing methanol and ammonia on the Texas Gulf Coast with the backing of its sponsor, a global chemicals and construction concern controlled by an Egyptian billionaire. Methanol demand is on an upswing and prices have rallied shrply in recent months, driven higher by the economic advantages of methanol as a substitute for crude-based petrochemical precursors, and increasing overseas adoption as transportation fuel. Yet OCIP is still cheap enough to have an excellent shot at providing a double-digit yield next year following capacity expansion due to be completed late this summer.

AmeriGas Partners (NYSE: APU) and UGI (NYSE: UGI) are joining the MLP Profits Growth Portfolio today. Buy APU below $51 and UGI below $50. AmeriGas is the leading US propane distributor with a relatively rich yield, impressive margin growth, solid distribution coverage and near-term upside given the revenue boost it will reap from this winter’s cold weather. UGI is its sponsor and general partner. it also distributes propane in Europe, operates a Pennsylvania utility providing natural gas and electricity to some 660,000 customers and provides midstream services in the Marcellus shale. It has produced impressive earnings growth while paying dividends for well over a century, and increasing them for 26 straight years. Full details on all three picks will be forthcoming in the Feb. 6 issue of MLP Profits.