1Q19 MLP Distribution Recap: Outlook Improving in Spite of Cuts
Most AMZ and AMZI constituents grew their 1Q19 distributions sequentially and on a year-over-year basis. The 20% increase from Plains All American (PAA) helps soften the impact of...
BPL: What does Buckeye’s Buyout Mean for MLPs and Midstream?
Buckeye Partners (BPL) announced this morning that it has agreed to be acquired by IFM Investors for $41.50 per unit – a 27.5% premium to BPL’s closing price yesterday. In this post, we discuss the...
After Years of Growth, Is Midstream Capex Peaking?
Capital spending has been a hot topic across energy as investors focus on returns and free cash flow generation. The challenge for midstream companies continues to be balancing fiscal discipline with...
MLP 4Q18 Distribution Coverage … Now Featuring Payout Ratios!
Can MLPs afford their distributions? Today, we answer that question by looking at both distribution coverage for the traditional MLP investor and payout ratios for those wanting to evaluate MLPs with...
4Q18 MLP Distribution Recap: 41 MLPs and Just One Cut
The majority of AMZ and AMZI constituents grew their distributions sequentially for 4Q18 with only one distribution cut.
Let it Flow: Permian Crude Heads for the Coast
With new pipeline capacity coming online in the Permian this year, the logical question is whether the bottleneck will simply move ~500 miles east to the Texas Gulf Coast. Today, we compare Permian...