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Williams Partners Is 'Very Complicated' Says Cramer

TheStreet's Jim Cramer describes Williams Partners (WPZ - Get Report) as "very complicated," adding that master limited partnerships "have become much too hard to fathom."

But as oil goes up, everything goes up, Cramer says. "It's a rising tide lifting all boats," he says.

Cramer, however, adds he is not going to recommend Williams Partners.

Tulsa, Okla.-based Williams Partners owns, operates, develops and acquires natural gas, natural gas liquids (NGLs) and oil gathering systems, and other midstream energy assets.

Williams Cos. (WMB - Get Report) which owns the general partner of and controlling...


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