Stacey Morris is the Director of Research at Alerian, which equips investors to make informed decisions about Master Limited Partnerships (MLPs) and energy infrastructure. Ms. Morris engages with the investment community to increase awareness of the Alerian Index Series and support broader understanding of the role that midstream assets play in North American energy markets. Ms. Morris was previously the Investor Relations Manager for Alon USA Energy, overseeing investor communications for the corporation and its variable distribution MLP, Alon USA Partners. Prior to Alon, she covered the integrated majors and refiners at Raymond James as a Senior Associate in the firm’s Equity Research Division. Ms. Morris graduated summa cum laude with a Bachelor of Science in Business Administration from Stetson University, and is a CFA charterholder.
Focusing on Fundamentals: Oil Price Update and Outlook
The history-making moves in oil this year have seemed to give way to a momentary calm with the oil market on firmer footing. While a multitude of factors can impact oil prices, today’s note provides...
FERC 2020 Oil Pipeline Index Review: Nonevent or Headache?
While the impact of the Federal Energy Regulatory Commission’s (FERC) notorious policy revision from March 2018 has largely played out, there is one item still outstanding – the impact to the oil...
MLP/Midstream Valuations Part 2: Examining EBITDA Multiples
The second installment of our two-part series on valuations focuses on EV/EBITDA multiples for midstream and MLPs. Current discounts in EBITDA multiples relative to historical averages distinguish...
Decisions, Decisions: Demystifying MLP Investment Options
With interest rates near historic lows and energy equities depressed after oil’s rout, investors looking for income and value may be taking a fresh look at the MLP and energy infrastructure space. The...
What about MLPs’ Refiner Customers?
With so much focus on the financial health of midstream’s customers that produce oil, it is easy to forget that many MLPs have significant exposure to refiners – and not just those MLPs with refiner...
Revisiting Private Equity Involvement in Midstream
Private equity involvement in midstream has been well documented in recent years and has served as a catalyst at times, but with the collapse in oil prices, will private capital still be interested in...